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Rural consumption outshines urban demand as income growth, credit expansion and better rainfall boost consumption: Report
Urban consumption remained subdued in 2QFY26, ahead of the festive season, though indicators such as personal credit growth, petrol demand, and non-farm imports reflected continued resilience in discretionary spending. Passenger traffic, however, stayed largely flat....
Winter session of Parliament from Dec 1 to 19,may see tabling of Insurance Amendment Bill
Nirmala Sitharaman,Union Finance Minister Earlier, Finance Minister Nirmala Sitharaman had said Insurance Amendment Bill, is likely to be introduced in Parliament in the upcoming Winter session NEW DELHI: The Winter session of Parliament, which may see Insurance...
CCI clears merger of InsuranceDekho and RenewBuy entities
CCI said it has approved the proposed combination involving the merger of Girnar Finserv Private Limited, Girnar Insurance Brokers Private Limited, D2C Consulting Services Private Limited, and RB Info Services Private Limited into Artivatic Data Labs Private Limited...
Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval
Tesla CEO Elon Musk made a string of promises on stage - from, in April, beginning production of the Cybercab, its 2-seater steering-less robotaxi, to unveiling its next-generation Roadster electric sports car SAN FRANCISCO: Tesla CEO Elon Musk won shareholder...
Gold ETFs attract record net inflows in India, add $850 million in Oct
Overall, global gold ETF inflows reached $8.2 billion in October, placing the bullion market set to achieve one of its strongest years on record Mumbai: India’s gold exchange-traded funds (ETFs) saw $850 million in net inflows in October, taking the total to a record...
SEBI flags over 1 lakh misleading investment messages under ‘Sebi versus Scam’ initiative
Sebi Chairman Tuhin Kanta Pandey warned that unregulated financial influencers have become a major threat to investor safety. Citing a recent SEBI survey, he said that nearly 62 per cent of investors rely on influencer recommendations for their investment decisions,...
WEF says AI robotics nanotech to transform agriculture, cites case studies from India
Rising rural-to-urban migration, intensifying climate extremes, and accelerating degradation of natural resources, particularly soil and water, are collectively threatening productivity and endangering the livelihoods that depend on agriculture New Delhi: Citing...
Pilot not to be blamed for AI plane crash: SC
Pushkaraj Sabharwal, the father of deceased pilot Captain Sumeet Sabharwal and the Federation of Indian Pilots have moved the Supreme Court for a court-monitored inquiry headed by a former apex court judge into the crash of Air India flight AI171 in Ahmedabad New...
UNDP, BMZ, Generali and ICMIF Foundation deliver world’s largest inclusive insurance innovation programme across 30 countries
Marcos Neto, UN Assistant Secretary-General and Director, UNDP The global protection gap (the difference between financial losses and what is covered by insurance) leaves 9 out of 10 people in developing countries without insurance coverage when shocks such as...
LIC’s net profit jumps 32% to Rs 10,053 crore in Q2
R Doraiswamy, CEO and MD, LIC The Net VNB margin for the six months period ended September 30th, 2025 increased by 140 bps to 17.6% as compared to 16.2% for the six months period ended September 30th, 2024. New Delhi: Life Insurance Corporation of India (LIC) on...
Auto sector enters 2026 in high gear; FADA sees sustained demand post record festive sales
FADA President C.S. Vigneshwar said October 2025 marked "The 42-day festive period of 2025 stands as a defining milestone for India's auto retail, delivering the highest-ever sales and growth across categories. Overall vehicle retails surged 21% YoY, affirming the...
Delhi Airport flight operations disrupted as ATC glitch hits over 100 flights
“Due to a technical issue with the Air Traffic Control (ATC) system, flight operations at IGIA are experiencing delays. Their team is actively working with all stakeholders, including DIAL, to resolve it at the earliest. Passengers are advised to stay in touch with...
Boeing may face first civil trial over payouts to Ethiopia crash victims’ families
An eight-person jury would be tasked with deciding how much Boeing should pay to the families of Mercy Ndivo, a 28-year-old mother originally from Kenya, and 36-year-old United Nations consultant Shikha Garg, who was from India CHICAGO: More than six years after a...
FSIB advertises GIC Re CMD post for both PSU and pvt sector candidates, last date for application is Dec 01
The applicant should have minimum 45 years of age and two years of residual service [treating 60 years as the date of superannuation] as on the date of vacancy of the post i.e. October 01, 2025. New Delhi: For the first time the FSIB, the government's head hunting...
Marsh appoints Andrea Bono as CEO of India, Middle East, and Africa
Andrea Bono, CEO=designate, India, Middle East, and Africa (IMEA), Marsh McLennan Bono will report to Flavio Piccolomini, CEO, Marsh McLennan, International, and will be based in Dubai FROM Jan 2026.All the CEOs from IMEA regions including Sajay Kedia, who is heading...
Hurricane Melissa to trigger Jamaican Cat Bond, reinsurance losses
Hurricane Melissa will trigger the $150 million, International Bank for Reconstruction and Development (IBRD) Capital-at-Risk (CAR) Jamaica 2024 parametric catastrophe (cat) bond. New York: Fitch Ratings expects minimal disruption to the global (re)insurance sector...
Niva Bupa Health Insurance Q2 profit more than doubles to Rs 62 cr
Gross written premium increased to Rs 1,843 crore during the quarter under review compared to Rs 1,777 crore in the same period a year ago. New Delhi: Standalone health insurer Niva Bupa Health Insurance Company Ltd on Monday reported more than twofold jump in net...
Carmakers post record sales in Oct driven by festive demand GST rate cut
"In October, we did a retail of 2,42,096 units, which is a growth of almost 20 per cent over the last year," Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee, told reporters in a virtual interaction. It was the highest-ever retail...