EV manufacturers point out that converting a regular petrol car into a flex-fuel vehicle requires only about Rs 17,000-25,000 per unit, whereas developing an EV demands vastly greater investments in research, battery development, and localisation.
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.
'It's fitting that we're coming together on the birthday of Mahatma Gandhi. The ideals he championed, the equality and dignity of every person, are foundational to the work we do.'
'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'
New investors or those with lower-than-planned exposure should add US-oriented funds through SIPs.
India's mergers and acquisitions (M&A) activity cooled in the second quarter of 2025-26 (Q2FY26), with deal value falling to $26.26 billion from $29.04 billion a year ago, according to Bloomberg data.
Mukesh Ambani has reclaimed his position as the richest Indian, overtaking Gautam Adani, according to the M3M Hurun India Rich List 2025 released on Wednesday. With a wealth of Rs. 9.55 lakh crore ($105 billion), the 68-year-old Reliance chairman returned to the top spot, while Adani, 63, and his family followed closely with Rs. 8.15 lakh crore.
Returning after a year away from international action and a draining battle with Hepatitis A, Preeti Pawar marked her comeback in style, securing a medal for India at the World Boxing Cup Finals in Greater Noida on Sunday.
Afghan Foreign Minister Amir Khan Muttaqi announced that Kabul will send diplomats to India as part of efforts to improve bilateral relations. He assured New Delhi that Afghan soil will not be used for activities detrimental to India's interests.
Noting that recent uncertainties created by global tariffs have not impacted the Indian economy severely, Anuradha Thakur, secretary, Department of Economic Affairs, said the central government is hopeful that the recent goods and services tax (GST) rationalisation will ignite the much needed animal spirits in the financial sector.
India's manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to one-year low, a monthly survey said on Wednesday.
The Election Commission is expected to initiate a phased, pan-India special intensive revision (SIR) of the voters' list, prioritizing states with upcoming assembly elections. This cleanup exercise aims to weed out illegal foreign migrants and ensure accurate electoral rolls.
Indian tennis legend Leander Paes on Saturday formally took charge as president of the Bengal Tennis Association, succeeding Hironmoy Chatterjee after the body's Annual General Meeting.
Oman will replace Pakistan in the FIH Men's Junior World after the latter withdraw from the tournament to be held in Chennai and Madurai from November 28 till December 10, the International Hockey Federation (FIH) confirmed on Wednesday.
Union Commerce and Industry Minister Piyush Goyal on Thursday described the reduction in GST rates as "game-changing" and the "biggest reform" since independence, as he asked the industry to pass on the full benefit to consumers.
Zohran Mamdani, the newly elected Mayor of New York City, quoted Jawaharlal Nehru after his victory, declaring the end of a political dynasty.
For greater good, Harmanpreet can make way for Smriti as captain: Shantha Rangaswamy
Pakistan on Saturday brought in a Constitutional amendment to create a new post of chief of defence forces to ensure greater coordination and unified command among the three services.
Heavy rains continue to batter Tamil Nadu, causing a rise in reservoir levels and prompting a red alert. Schools and colleges are closed in several districts as authorities prepare for potential flooding.
Nitish thought that his stakes as chief minister were far greater than his stakes in protecting one of his party MLAs. He could not allow his rule-of-law train to be derailed by a small rock on the track. On the contrary, if he removed it to keep the train moving at a steady speed he would gain strong public admiration and sympathy that would help him take the masses along in carrying out other tasks. A fascinating excerpt from Arun Sinha's Nitish Kumar And The Rise Of Bihar.
Janata Dal-United supremo Nitish Kumar is set to be sworn-in as Bihar chief minister for a record 10th time on Thursday, days after the National Democratic Alliance secured a landslide victory in the assembly elections.
Speaking at the 'Samudra se Samruddhi' event, where he inaugurated and laid foundation stones of projects worth Rs 34,200 crore, Modi said all the problems of India have only one solution, and that is self-reliance.
Hockey India announced INR 3 lakh each to players and Rs 1.5 lakh to the support staff.
A guide to travel in 2026.
'The strategic difference over technology and territory between India and China remain great and security interests on both sides will likely prevent a short-term rapprochement of any depth.'
India's women didn't just win a World Cup, they won the nation's heart, proving that belief, courage, and grace can turn dreams into destiny.
'Are elections still fair in India, or are we all witness to a macabre style of 'selection' of lawmakers? The jury will be out on this for a long time because there is no definitive evidence on either contention, at least as yet,' notes Nilanjan Mukhopadhyay, author, Narendra Modi: The Man, The Times.
'Buy early and review the sum insured regularly.'
'Combining individual or family policies with corporate cover, along with top-ups and wellness programmes, can help maintain strong health protection throughout life.'
India is hopeful of resuming negotiations on the proposed bilateral trade agreement (BTA) with the US soon and addressing the issue of high tariffs imposed by Washington on Indian goods will be key to striking the deal, a government official said on Thursday.
I don't remember how I felt when Pakistan lost to India in New York: Saim Ayub
How the UN's flagship climate summit lost its direction and what's at stake.
The All India Insurance Employees' Association has opposed the government directive seeking to open up top posts in the state-owned insurers to the private sector, saying this would lead to greater private influence and "eventual privatisation".
The Congress claimed that dynastic politics exists across party lines and also hailed the Nehru-Gandhi family's leadership.
Hydrology experts suggest that India cannot be directly blamed for the devastating monsoon flooding in Pakistan this year, citing greater destruction upstream of the border and lack of evidence for intentional action.
'...aggressive pricing amid volatility, but these are exceptions.'
Election Commission's Special Intensive Revision (SIR) of voters' list commenced in nine states and three Union territories on Tuesday, amid objections from several parties with Chief Minister Mamata Banerjee leading the anti-SIR offensive in West Bengal with a rally in Kolkata and alleging 'silent, invisible rigging' through the exercise.
The technology major confirmed that a 'low single-digit percentage' of its 270,000 employees would be affected in the fourth quarter of 2025.
After big win in Bihar, the BJP is likely to push harder in Tamil Nadu, where the DMK government and the uneasy BJP-AIADMK alliance are preparing for a tense election filled with seat-sharing fights, changing alliances, and the unpredictable entry of Vijay's TVK party, predicts N Sathiya Moorthy.
The pickup was driven partly by fresh corporate investment but more by higher working-capital demand.
The amendments aim to curb the spread of harmful and'The obligations are easy to write into the rules but very difficult to implement technically -- and even easier to circumvent.'"reasonably authentic" deepfake images, audio, and videos, according to senior government officials.
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