Life Insurance Corporation (LIC) has launched two new mobile applications, MyLIC for policyholders and Super Sales Saathi for its sales intermediaries, aiming to enhance digital agility and cater to the younger generation's needs. The apps, part of LIC's DIVE digital transformation platform, offer features like policy management, premium payments, and personalised recommendations.
The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.
"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.
A 46-year-old rowdy-sheeter, Arif alias Tablet Arif, was murdered in Mangaluru, Karnataka. Police suspect gang rivalry as the motive behind the attack.
An 18-year-old girl died after falling from a high-rise building in Ghaziabad, India, leading to protests by her family who allege foul play. Police are investigating the circumstances surrounding her death.
A retired man in Thane was allegedly cheated of 22 lakh by three individuals who promised him a job in the Indian Railways, police said.
An undertrial prisoner in Jharkhand's Pakur district was found dead in her jail cell, prompting an investigation into the circumstances surrounding her death.
A woman engineer at Tata Consultancy Services (TCS) in Nashik has alleged harassment and religious coercion, including derogatory slurs and inappropriate touching. Police have arrested eight people and are searching for another accused. TCS has launched an internal probe and suspended employees allegedly involved.
The National Commission for Women (NCW) has formed an inquiry committee to investigate the alleged murder of a 12-year-old girl in Jharkhand's Hazaribagh district, following the discovery of her body under suspicious circumstances.
The Indian rupee depreciated by 34 paise to close at 93.78 against the US dollar, marking its third consecutive session of decline. This fall is attributed to escalating crude oil prices driven by uncertainty surrounding US-Iran peace talks and fresh attacks in the Strait of Hormuz, alongside significant foreign institutional investor outflows from domestic equity markets.
Gujarat's Director General of Police, KLN Rao, has emphasised the importance of a proactive approach in combating cybercrime, focusing on technology, coordination, and public awareness.
Indian stock markets are set to be influenced by ongoing developments in the US-Iran conflict, fluctuations in crude oil prices, and the latest quarterly earnings reports from major corporates, with foreign investor activity also playing a crucial role.
If Trump doesn't like India, that is his choice. But to use such distasteful language on a public platform is deeply offensive and needs to be called out, points out Amberish K Diwanji.
Gujarat police have dismantled a Rs 77 crore cyber fraud operation with links to 375 cases nationwide, arresting 16 individuals and uncovering international connections.
A Shiv Sena worker was stabbed to death in Nanded, India, marking the fifth public murder in the city in three days. A suspect has been detained after an encounter with police.
'Do you really want to live with a man who has no respect for you or the marriage?' asks rediffGURU Ravi Mittal, CEO of online dating web site Quack Quack and Rebounce, a matrimony platform.
The Indian rupee depreciated by 28 paise to settle at 93.44 against the US dollar, influenced by ongoing uncertainties surrounding West Asia peace negotiations, volatile crude oil prices, and the Reserve Bank of India's recent adjustments to non-deliverable forward market regulations.
A 75-year-old doctor in Pune was defrauded of 12.31 crore in an online share trading scam after being coerced into making multiple investments by fraudsters.
It is normal for brides and grooms to get pre-wedding jitters, says rediffGURU Shalini Singh, founder of andwemet, an urban matchmaking platform.
The European Court of Human Rights has granted fugitive diamantaire Nirav Modi anonymity, shielding his extradition case from public scrutiny. This decision comes as Modi faces potential extradition to India from the UK, where he is accused of a large-scale fraud.
Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.
Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.
Foreign investors have aggressively sold off Indian equities, withdrawing over 48,213 crore in the first 10 days of April, following a record 1.17 lakh crore outflow in March, driven by escalating geopolitical tensions in West Asia, rising crude oil prices, and global inflation concerns.
A 69-year-old man in Mumbai was defrauded of 1.57 crore (157,000) in a 'digital arrest' cyber scam. The victim was tricked into transferring funds to accounts controlled by cyber criminals posing as police officers.
Kapil Chugh, accused of masterminding a Rs 1,825 crore GST refund fraud, has been arrested by DGGI officers upon his return from Dubai. He is alleged to have evaded investigation and is wanted in other economic criminal cases.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.
Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.
India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.
The Jharkhand High Court has directed police to send a skeleton found in Bokaro to the Central Forensic Science Laboratory (CFSL) in Kolkata for further examination in connection with a missing woman case. The court also addressed concerns about the investigation's handling and the suspension of police personnel.
A 42-year-old man from Thane, Maharashtra, was allegedly defrauded of 71.1 lakh by cyber criminals posing as CBI officers who threatened to implicate him in a false case.
India has established a high-level inter-ministerial body, the AI Governance and Economic Group (AIGEG), to steer the country's national AI governance strategy. The AIGEG will coordinate policy across ministries and oversee cross-sectoral governance issues, supported by a Technology and Policy Expert Committee (TPEC).
India's banking system is grappling with a persistent liquidity surplus exceeding Rs 5 trillion, driven by significant government spending and bond redemptions, leading market participants to anticipate the Reserve Bank of India will step up Variable Rate Reserve Repo operations to manage the excess funds.
Shares of Indian life insurance companies, particularly SBI Life Insurance and Canara HSBC Life Insurance, saw significant declines after the Department of Financial Services (DFS) secretary, M Nagaraju, stated that banks are being asked to avoid exclusive tie-ups with their own insurance subsidiaries and instead remain neutral.
The Haryana government is launching an initiative to equip its employees with artificial intelligence (AI) skills through the iGOT Karmayogi platform, aiming to enhance governance and public service delivery.
Rajasthan Police have dismantled a cyber fraud racket operating from a remote island in Dungarpur district, arresting 12 individuals involved in offering fake escort services and scamming victims across the country.
'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'
A woman in Madhya Pradesh's Bhind district allegedly conspired with her lover to murder her husband, staging the crime as a robbery. Both the woman and her lover have been arrested, while another suspect remains at large.
Telangana police have dismantled a large network operating illegal mule bank accounts used for fraudulent financial transactions, arresting 13 suspects and uncovering transactions worth approximately Rs 138 crore.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 19,837 crore from Indian equities in the first two trading sessions of April, extending a significant selling trend from March, driven by geopolitical uncertainty, rising crude oil prices, and a depreciating rupee.
