Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.
Madhya Pradesh minister Kailash Vijayvargiya is facing criticism for his crass comments regarding the water crisis in Indore. This is the latest in a series of controversial remarks made by the veteran politician.
Breaking the nearly three-decade-old dominance of the undivided Shiv Sena, the Bharatiya Janata Party on Friday emerged victorious in the Brihanmumbai Municipal Corporation (BMC) elections, and also vanquished the alliance of Nationalist Congress Party factions led by Sharad Pawar and Ajit Pawar in the Pune civic body.
SAI Governing Body approves infrastructure upgrade at centres across India
15% of the participants reported substance use at least once while 10% reported substance use in the past one year.
The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.
Even as non-life insurers reported muted premium growth in October, standalone health insurers saw a robust 38 per cent year-on-year (Y-o-Y) surge. This growth was driven by pent-up demand in the retail health insurance segment.
Baghaei also alleged that recent unrest in Iran was fuelled by foreign interference, claiming riots were triggered by "very evident" interventionist remarks by US and Israeli officials.
A rally in Dhaka, Bangladesh, organized by the Inqilab Moncho party, demanded justice for slain student leader Sharif Osman Hadi and called for the cancellation of work permits for all Indians residing in Bangladesh. The protest also sought the repatriation of alleged killers believed to be in India, further straining relations between the two countries.
The Supreme Court of India is considering formulating pan-India guidelines to prevent road accidents on expressways and national highways, following a fatal accident in Rajasthan. The court is focusing on the issue of illegal 'dhabas' and encroachments along highways as potential causes of accidents.
The cost of any flight from Delhi and Mumbai could rise by up to Rs 3,000 soon unless the airport regulator is able to reverse a court order.
Years of repression and disappearances have taught Venezuelans, the hard way, not to voice either their anger or their joy, observes Radha Roy Biswas who spent her formative years in Venezuela.
The Uttar Pradesh excise department arrested climate activist Harjeet Singh for allegedly possessing excess liquor after the ED searched his premises in connection with a foreign exchange violation case. The ED is investigating the misuse of funds received from abroad and Singh's visits to Pakistan and Bangladesh.
Tamil Nadu has been been churning out top-tier chess for decades at an unrivaled rate. Out of the 85 Grand Masters in India, 31 are from the southern state.
A monorail train tilted during a test run at Wadala depot in Mumbai. No passengers were on board, and no injuries were reported. The incident occurred during signalling trials, and the train suffered some damage.
Russia and China on Saturday condemned the United States airstrikes on Venezuela and the capture of its president, Nicolas Maduro and his wife.
The Supreme Court has agreed to hear a review petition filed by ISKCON India regarding the ownership of the Hare Krishna temple in Bengaluru, reopening a long-standing legal dispute with the Bengaluru faction of ISKCON.
After more than three decades, Gujarat has regained the status of a 'tiger-present state', with the National Tiger Conservation Authority (NTCA) confirming the presence of a tiger in the state.
'We are expecting investment, public and private, of around Rs 40 trillion by 2029.'
Maduro raised questions over the legality of his arrest during his first appearance before a US federal court in New York, claiming he was detained at his residence in Caracas, Venezuela, CNN reported.
The land pooling policy aims to kick-start a new wave of urbanisation in the predominantly rural state.
The West Bengal government has transferred over 500 bureaucrats ahead of the Special Intensive Revision (SIR) of electoral rolls. The move has drawn criticism from the opposition BJP, who allege it is an attempt to manipulate the electoral process.
'It would have polarised the Marathi-non Marathi divide further. 'Fadnavis had a very clear strategy: Let all Marathi people campaign for us (the BJP), and whatever results we get will be delivered by Marathi people only.'
The Bill is likely to pave the way for amending two existing legislations -- the Atomic Energy Act 1962, and the Civil Liability for Nuclear Damage Act 2010.
'Losing a house is a terrible feeling... We were not given enough time to shift our belongings.'
Chatterjee had quit the TMC in November 2018, resigning as minister, mayor and district president, citing personal reasons.
X has accepted its mistake, and said it will comply with Indian laws, sources said, adding that in future, the platform will not allow obscene imagery.
Indian Super League (ISL) clubs on Friday formally proposed a fundamental restructuring of the country's top-tier professional football league, seeking perpetual operational and commercial rights for a club-owned league model while retaining the All India Football Federation (AIFF) as the sport's regulator.
Yunus's office, meanwhile, reconfirmed that financial and welfare assistance would be provided to Das' family, and relevant authorities would remain in close contact with them in the coming period.
AIFF for "flexible" approach during Sports Minister Mandaviya's meeting with football stakeholders.
'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'
'The RSS, that advocated military strength, remained in the ideological doghouse for over half a century. Many of the RSS' responses even today carry the burden of this past,' points out Colonel Anil A Athale (retd).
'Refusal does not invite immediate legal penalty; it invites Constitutional unease.'
Following Axis Max Life Insurance's second-quarter results for 2025-26, Sumit Madan, managing director and chief executive officer of the company, speaks to Aathira Varier and Subrata Panda/Business Standard about growth aspirations, strategies to offset the impact of the input tax credit (ITC) withdrawal, reverse merger plans, and more.
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
A Delhi court on Wednesday refused to give any interim protection from arrest to Saurabh and Gaurav Luthra, owners of the ill-fated Goa nightclub who fled to Thailand, as their partner was held in connection with the fire incident that killed 25 people last weekend.
Bengaluru Police Commissioner Seemanth Kumar Singh said that permission has been denied to hold the Vijay Hazare Trophy match at Bengaluru's Chinnaswamy Stadium on December 24.
New York City Mayor Zohran Mamdani has voiced his opposition to the capture of Venezuelan President Nicols Maduro by the US military, calling it an 'act of war' and a violation of international law. Congressman Raja Krishnamoorthi also criticized the action, citing lack of congressional authorization.
Before booking a flat, buyers should confirm that the project is registered with the state's Rera portal.
Pakistan's former spy chief Faiz Hameed has been sentenced to 14 years in jail by a military court after being found guilty of violating the Official Secrets Act and engaging in political activities. This marks the first time a former ISI chief has been convicted.
