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Here is a masonry blog layout with no sidebarAmid rising HNIs, wealth management firms in India to grow 20%+ over next 3 years: Jefferies
The report also noted that the high-net-worth individual (HNI) space is becoming increasingly crowded, and revenue streams in this segment are becoming more layered New Delhi: Amid India's growing economy and rising high net-worth individuals (HNIs), a report by...
Equity MF inflows decline 25% MoM in Aug’25; NFO activity slows sharply: JM Financial
The sharp fall was largely attributed to a weaker new fund offering (NFO) pipeline, which accounted for 61 per cent of the RS 142 billion MoM decline in net inflows New Delhi: Equity mutual fund (MF) inflows, including hybrid schemes but excluding arbitrage, dropped...
Insurance Amendment Bill likely to be introduced in Winter session FM Sitharaman
Nirmala Sitharaman,Finance Minister The finance ministry has proposed to amend various provisions of the Insurance Act, 1938, including raising foreign direct investment (FDI) in the insurance sector to 100 per cent, a reduction in paid-up capital, and a provision for...
108-year-old Lalneihsangi declared Mizoram’s oldest person
An 108-year-old woman, Lalneihsangi, was on Saturday declared the oldest living person in Mizoram, according to Social Welfare Minister Lalrinpuii. The first among Mizos to work in a rehabilitation centre, Lalneihsangi turned 108 on 14 April. The minister said at a...
PSU banks ready to play a larger role towards Viksit Bharat 2047: DFS Secretary
M Nagaraju, Financial Services Secretary Key suggestions included adopting next-generation technologies, building common infrastructure, and designing hyper-personalized products. The discussions stressed the importance of modernising PSB technology by moving beyond...
SIP investments surge nearly 8x in nine years, touch Rs 28,265 crore in Aug: Report
Between August 1996 and August 2025, the study found that the maximum return generated through SIPs was 55.6 per cent, while the minimum return fell to -24.6 per cent.Interestingly, the study also found that mid-cap SIPs have provided better average returns than...
General insurers’ body asks AHPI to withdraw its warning against Star Health and ensure uninterrupted cashless services
AHPI has proceeded with its unilateral action, signalling a preference for disruption over collaboration to improve customer service and protect patient interests, alleged the GI Council Mumbai: General Insurance Council(GI Council), the official representative body...
US FDA clears Apple Watch hypertension feature
The company unveiled a blood pressure monitor in its latest Apple Watch at a September 9 event, where it also introduced a refreshed iPhone lineup, including a slimmer iPhone Air. Apple said the new hypertension notification feature will be available on Apple Watch...
“Initial payouts not sufficient,” claims Mike Andrews, US lawyer for Air India 171 crash victims
Asked about initial payments being offered by Air India to the families, Andrews dismissed them as insufficient. "No, that payment is not going to be sufficient over the rest of their lives," Mike Andrews, a lawyer based in Montgomery, Alabama said The lead US...
Monsoon disasters claims 386 lives, cause losses of Rs 4,465 crore
The cumulative monetary loss is pegged at ₹4,46,574.93 Lakh (₹4,46,5 crore), the bulk of which comes from damage to roads, power, water supply, agriculture, horticulture, education, fisheries, and rural development infrastructure - ₹2,71,879 Lakh in damage to roads...
New IRDAI chief Seth to meet insurance CEOs on Sept 17
Ajay Seth, chairman, IRDAI Though, basically it will be a welcome meeting for the insurers, Seth will use the forum to discuss a few things including the action plan by the insurers to implement the new goods and services tax (GST) plans announced by the government on...
SEBI eases IPO shareholding rules, brings relief for large companies
According to SEBI’s release, companies with a market capitalisation of Rs 50,000 crore to Rs 1 lakh crore will now get more time to meet the public shareholding requirements. They will be required to achieve 15 per cent MPS within five years of listing and 25 per cent...
FinMin for creation of two globally competitive banks as part of Viksit Bharat vision
The issue of globally competitive banks was deliberated during the first day of the two-day-long PSB Manthan 2025, organised by the Department of Financial Services here, One of the key points discussed was how to make at least two banks globally competitive and that...
Hospitals’ body warns Star Health against unfair practices, cautions on suspending cashless services
“Unless Star Health Insurance takes definitive steps to address the concerns expressed by member hospitals in a timely manner, AHPI and its member hospitals may be constrained to take appropriate action, including withdrawal of cashless services for the policyholders...
Fossil-Fuel Demand: Myth of peak is crumbling
For now, the world isn’t performing an “energy transition” but an “energy addition,” where renewables top up oil, gas and coal. Regardless of well-intended green aspirations, that will remain the case for years, if not decades, unless governments impose significant...
Par panel recommends amending penal provision, mandatory fact-checking system to crack down on fake news
The Committee desire the Ministry of Information and Broadcasting to ensure that fact-checking mechanism and internal ombudsman should be made mandatory in all print, digital and electronic media organisations of the country," one of its recommendations said Most of...
US sues Uber, alleges discrimination against disabled riders
“Uber’s discriminatory conduct has caused significant economic, emotional, and physical harm to individuals with disabilities,” and violates the Americans with Disabilities Act, the Justice Department said. The U.S. government on Thursday sued Uber Technologies,...
Experiments of blending ethanol with diesel unsuccessful; new tests with Isobutanol on: Gadkari
"Experiments were carried out to blend 10 per cent ethanol with diesel, but they turned out to be unsuccessful. Now efforts are being made to blend diesel with isobutanol, which is a derivative of ethanol," Union Minister for Road Transport and Highways, Nitin Gadkari...