The memorandum includes an immediate end to the war on all fronts,...
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NSE files for Rs 30,000-cr IPO; set to become India’s biggest-ever public issue
Life Insurance Corporation of India (LIC), the single largest...
Shipowners eye Hormuz return with cution
News of a long-awaited agreement between the US and Iran and the...
Auto sales surge in May: Maruti hits record high, Hyundai, Mahindra and Toyota gain momentum
Maruti Suzuki India Limited sold a total of 242,688 units in May 2026, marking its highest-ever monthly sales volume. The company achieved an all-time high in domestic sales at 193,535 units. Additionally, sales to other OEMs stood at 7,239 units, while export sales...
AIC chief Lavanya Mundayur selected as CMD of New India Assurance
Lavanya Mundayur, CMD, Agriculture Insurance Company The FSIB had interviewed six candidates on Thursday and chose Mundayur for the post of NIA CMD. New Delhi:The Financial Services Institutions Bureau(FSIB), on Thursday, has selected Lavanya Mundayur, 57,CMD,...
Global temperatures to reach near-record highs in next five years, report finds
"There's very clear evidence that the climate is warming and that the global average temperature is continuing to rise," Melissa Seabrook, a research scientist at the UK Met Office. Average global temperatures are forecast to reach near-record levels in the next five...
Bajaj Finserv to Invest in AI, Tech Startups
"Bajaj Finserv companies will invest Rs 1,500-2,000 crore over a five-year period in startups and early-stage companies with strong scalability potential across AI, cybersecurity, quantum technologies, fintech and consumer technology platforms," the statement said....
Trump says Iran and Oman will not control Strait of Hormuz, deal remains elusive
Trump's comments came after Iranian state TV reported that it had obtained an unofficial draft of an agreement that would restore commercial shipping through the strategic waterway to prewar levels within a month, with Iran and Oman jointly managing traffic. That...
Climate Intelligence:Turning weather data into financial gain
The weather was always data. We just never learned to treat it as a financial signal.That is now changing, and it is changing faster than most people realise.The missing link has always been the intelligence layer that connects real-time weather data to real-time...
New Mandatory Norms:IRDAI asks insurers to disclose KMP pay metrics, Policyholder Service performance on websites
Ajay Seth, chairman, IRDAI ``Evolving expectations of customers and needs of the economy require us to place greater emphasis on measurable customer outcomes, transparency in decision-making, responsiveness, and sustainable value creation. Accordingly, the revised...
GIC Re Q4 profit rises 3% to Rs 2,254 crore with underwriting profit, pays dividend of Rs 13.25 per share
GIC Re's Combined ratio improved marginally to 103.43 per cent in Q4FY26 from 103.56 per cent a year earlier “On the back of disciplined underwriting, consistent execution, and our strategic approach, we hope and believe that we will continue to improve and perform to...
US launches new strikes as talks stall,Iran says strikes violate ceasefire
Marco Rubio,U.S. Secretary of State Following strikes against targets that the U.S. said included boats attempting to lay mines and missile launch sites, U.S. Secretary of State Marco Rubio told reporters on his plane in India's Jaipur that the Strait of Hormuz had...
Swiss Re appoints market heads in different regions
Rafael Schneider,Market Head, Germany, will become Market Head Mediterranean & Middle East.He will be succeeded in this role by Kristina Franke. Zurich:Following last month's announcement about Anna Ziswiler's move to Asia, Swiss Re has announced the new market...