The new system, known as Central Know-Your-Customer 2.0 (CKYC),...
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Rekha Jhunjhunwala transfers Star Health shares to promoter LLP in succession-linked move; stock slips
The insurer said Rekha Jhunjhunwala's direct stake declined after...
India, Middle East, and African re/insurance markets witness decline in rates across all lines in Q22026
Pricing for general liability varied by region, with India and the...
Equity MFs inflows fall for second month to Rs 24,028 cr in Jan; gold ETFs sparkle
Gold exchange-traded funds saw a sharp surge in demand, with inflows more than doubling month-on-month to Rs 24,040 crore in January from Rs 11,647 crore in December. New Delhi: Equity mutual funds attracted net inflows of Rs 24,028 crore in January, marking a 14 per...
Retail vehicle sales jump 17.61% in Jan as rural demand surges
In the passenger vehicle category, rural markets outperformed urban centers significantly. While urban growth stood at 2.75 per cent, rural registrations grew by 14.43 per cent. This trend indicates a structural expansion of demand into non-metro India, driven by a...
Aon and KNIAZHA VIENNA INSURANCE GROUP announce new $25M war-risk insurance facility with US’s IDFC
Greg Case, president and CEO of Aon The facility, which will provide reinsurance coverage from DFC on a portfolio of war risk insurance policies up to $100 million, will enable KNIAZHA VIG to deliver comprehensive, innovative war-risk insurance solutions to SMEs and...
India needs $22.7 trillion investment to achieve net zero target by 2070: Niti study
Of the total, approximately USD 8 trillion must be front-loaded by 2050, including nearly USD 5 trillion in the power sector, given the capital-intensive nature of most low-carbon technologies. New Delhi: India will need investments totalling USD 22.7 trillion to...
SC terms siphoning of over Rs 54,000 cr by digital fraud ‘dacoity’, asks Centre to frame SoP
Noting that such offences may be due to either collusion by or the negligence of bank officials, the top court stressed the need for timely actions from the RBI and the banks. Issuing a slew of fresh directions, it asked the Ministry of Home Affairs to consider the...
Public-private insurance programmes must boost risk reduction to keep disasters insurable:Geneva Association
Jad Ariss, managing director of the Geneva Association, said, “Public-private insurance programmes can’t just be passive shock absorbers that pay out after disaster strikes. To remain viable in a world of escalating risks, they must become resilience engines –...
General Insurers’ total Jan premium rises 15% to Rs 33,346 crore
With another two months, February and March, to go before the current fiscal, FY 26, comes to an end , the industry’s total premium has already exceeded Rs 2.83 trillion till January whereas in FY 25,the industry’s total premium was over Rs 3.07 trillion Mumbai:Post...
India expected to see surge in Parkinson’s disease, becoming 2nd-highest in 5 yrs
With a prevalence rate of 15-43 per 100,000, India is experiencing a surge, with cases projected to increase significantly by 2030. A significant portion (40-45%) of Indian cases are early-onset, occurring between ages 22 and 49, with an average onset age of roughly...
Cybersecurity breaches emerge as top risk for India Inc: FICCI-EY Survey
"Organisations are navigating a phase where multiple risks are converging rather than occurring in isolation. Inflation, cyber threats, AI governance, climate exposure and regulatory change are interacting in ways that directly influence India Inc’s performance and...
Govt to constitute high-level panel on banking soon: FM
Nirmala Sitharaman,Finance Minister "I propose setting up a 'High Level Committee on Banking for Viksit Bharat' to comprehensively review the sector and align it with India's next phase of growth, while safeguarding financial stability, inclusion and consumer...