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Life insurance: 78% of urban Indians own one or more products, Axis Max Life Insurance survey
Prashant Tripathy, CEO and managing director, Axis Max Life Insurance said, “This year’s record Protection Quotient, alongside all-time high life insurance ownership, reflects a decisive shift in consumer priorities — from cost sensitivity to genuine protection needs....
Star Health ropes in former commerce secy Rajeev Kher as chairman
``I look forward to working closely with the Board and management to strengthen governance, drive long-term value, and steer the company through the evolving landscape of healthcare and insurance. Our focus will remain firmly on inclusive growth, ethical leadership,...
Automobile sales up almost 3 % in April, CV sales fall, says Fada
FADA President C. S. Vigneshwar attributed April sales to pull back in market and pause in tariff by US. “With the tariff war paused, stock markets staged a sharp pullback–alleviating investor concerns–and customers thus leveraged Chaitra Navratri, Akshay Tritiya,...
US insurers pulling ahead in AI investment, strategy execution
One thing is certain, AI is not just a technical investment, it’s a strategic business priority for insurers. It demands leadership, cultural alignment, and organisational agility - areas where the US seems to be leading the way right now LONDON: New research from...
Indian startups raise $102.93 million in funding over the week
Healthtech startups took the top spot with four deals, followed closely by e-commerce and foodtech companies, with each securing three deals. Mumbai: Indian startups raised approximately $102.93 million across 25 deals, with strong contributions from early-stage and...
Warren Buffett’s best and worst investments in his 60 years leading Berkshire Hathaway
Berkshire's insurance division has grown to include Geico, General Reinsurance and several other insurers. The float totaled $173 billion at the end of the first quarter Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of...
Agri minister Chouhan unveils first genome-edited rice varieties, yield to rise up to 30 pc
Shivraj Singh Chouhan,Union Agriculture Minister These genome-edited rice varieties represent a major advancement in India’s agricultural biotechnology, offering practical solutions to the dual challenges of climate change and food security. They also demonstrate the...
Parl panel seeks info on digital markets competition from CCI and MCA
Among other topics, the sources said the committee has asked about whether the ongoing India-US bilateral trade negotiations has any bearing on the progress of the digital competition bill New Delhi: A Parliamentary panel has sought detailed information from regulator...
AIIMS-Delhi researchers pioneer breakthrough diagnostic tool for rare genetic disorders
The scope of the technique extends far beyond PCD, researchers claimed. It can accurately detect a range of rare ciliary disorders related conditions, including respiratory anomalies, renal cystic disease, blindness, neural tube defects, intellectual disability,...
Centralised KYC system in works Sebi chairman
Tuhin Kanta Pandey,chairman , SEBI The Central KYC is an online database that maintains KYC records of customers in a centralised manner, aiming to streamline compliance across financial institutions Elaborating on Sebi's AI-powered surveillance capabilities, Pandey...
India’s liberal FDI policy offers huge investment opportunities for global investors: Deloitte
India has made a significant advancement by allowing 100 per cent foreign direct investment under the automatic route in most sectors, including key areas like insurance, insurance intermediaries, tourism construction, hospitals, and medical devices New Delhi: India's...
Heat Waves: Global Climate Change Need To Be Addressed
Various initiatives have been undertaken by the Government of India with the help of States to reduce the impact of heatwaves in the coming years. The National Action Plan on Climate Change (NAPCC) and State Action Plan on Climate Change (SAPCC) are one of the major...
End on an Era- Warren Buffett to retire after heading Berkshire for six decade, Greg Abel to succeed
Buffett said he will recommend to Berkshire Hathaway’s board that Greg Abel should become CEO at the end of the year. OMAHA, Neb: Warren Buffett shocked an arena full of his shareholders Saturday by announcing that he wants to retire at the end of the year. Buffett...
India bans imports from Pakistan amid tension over tourist killings
India's Directorate General of Foreign Trade in a notification said the ban will take effect immediately NEW DELHI: India said it has banned the import of goods originating from or transiting via Pakistan as diplomatic tensions between the two nuclear-armed nations...
ICAI to help Sebi tackle financial frauds
ICAI President Charanjot Singh Nanda on Saturday said the institute will set up a working group and hold discussions with Sebi to finalise the various aspects that will be looked into with respect to tackling financial frauds New Delhi: Chartered accountants' apex...
UK-India investment treaty lets companies sue government
The Investor-State Dispute Settlement (ISDS) mechanism is aimed at protecting companies against possible unfair treatment under local laws, and will be included in an investment treaty that is expected to be struck alongside a free trade agreement shortly LONDON: An...
Employee doesn’t have right to promotion but consideration if not disqualified: SC
"It is trite that the employee has no right to be promoted but has a right to be considered, when selections for promotions are carried out, unless disqualified; which right has been impinged, unjustly, in the above case," it said New Delhi: The Supreme Court on...
Harrods is latest British retailer to be hit by cyber attack
British companies, public bodies and institutions have been hit by a wave of cyber attacks in recent years, costing them tens of millions of pounds and often months of disruption London: London department store Harrods said on Thursday hackers had attempted to break...