The reduction in goods & services tax (GST) on individual life and health insurance premiums has been called a "landmark step" for making insurance affordable and inclusive. In a panel discussion at the Business Standard BFSI Insight Summit 2025, Anup Bagchi, managing director (MD) & chief executive officer (CEO) of ICICI Prudential Life Insurance; Mahesh Balasubramanian, MD & CEO of Kotak Life Insurance; Tarun Chugh, MD & CEO of Bajaj Life Insurance; and Ratnakar Patnaik, MD of Life Insurance Corporation of India (LIC), listed what else the industry needs to reach more people.
'There is no substantive basis for Bangladesh-Pakistan relations. The only real link they can have is mischief, with Pakistan's intelligence agency using Bangladesh to create trouble along our eastern borders.'
India's duopoly in the domestic skies -- where IndiGo and Air India collectively control over 90 per cent of the market -- is highly skewed, leaving very little room for new players
India Head Coach Gautam Gambhir addressed the crow as Team India were hosted by the Indian High Commission in London on Monday
The announcements were made after a meeting chaired by Prime Minister Shehbaz Sharif to formulate the country's response to India's move to suspend the Indus Water Treaty and downgrade diplomatic ties after the Pahalgam terror attack.
Singapore police clarify that musician Zubeen Garg died after swimming off Singapore Island, not scuba diving. An autopsy report has been shared with the Indian High Commission, and foul play has been ruled out.
Prime Minister Narendra Modi greeted Russian President Vladimir Putin on his birthday and conveyed that he was looking forward to welcoming him in India for the upcoming India-Russia annual summit.
'The story of Ghooskhor Pandat focuses on an individual's actions and choices and does not comment on or represent any caste, religion, or community. As a filmmaker, I approach my work with a deep sense of responsibility -- to tell stories that are thoughtful and respectful.'
The Supreme Court has agreed to hear a plea challenging the Election Commission's decision to conduct Special Intensive Revision (SIR) of electoral rolls in Tamil Nadu, Kerala and West Bengal. The court is also addressing concerns about disenfranchisement and citizenship issues related to the revision process.
The high commission of India in Ottawa, the capital of Canada, said the incident happened in Rockland. It did not identify the victim.
The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.
Lieutenant Colonel C Dwarakesh is the only completely blind officer to continue in the Indian Army after losing his eyesight while in service. In his remarkable journey after disability, he enhanced his education qualification, scaled the Siachen Glacier and found purpose in sport.
Jyoti was among 12 people who have been arrested from Punjab, Haryana and Uttar Pradesh over the past two weeks on charges of espionage, with investigators pointing at an alleged Pakistan-linked spy network operating in north India.
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.
Brookfield Asset Management will invest $1 billion to develop Asia's largest global capability centre (GCC) in Mumbai's Powai, the New York-based global alternative asset manager said in a statement on Friday. The infrastructure arm of Canada's investment firm will develop the campus across 6 acres with 2 million square feet that can be let out.
The loss of input tax credit (ITC) following the rationalisation of the goods and services tax (GST) on individual life and health insurance from 18 per cent to nil is may weigh on the profits of life insurers in the third quarter (Q3) of 2025-26 (FY26).
Given Modi's track record from the time he became Gujarat chief minister in October 2001, it is highly improbable that Nabin will get opportunities to display his individual capacity. Even the team of organisational leaders that he will 'appoint' in a few weeks or months, will unlikely to be his choice, predicts Nilanjan Mukhopadhyay.
Extending its nuclear power plant supply relationship with India to the non-nuclear sector, Russia's integrated atomic power major Rosatom State Corporation is in talks for a 50:50 additive technology joint venture.
Weighing 6,100 kg, the communication satellite would be the heaviest payload to be placed into the Low Earth Orbit (LEO) in LVM3 launch history from Indian soil.
The State Election Commission will adopt the voters' list of the assembly elections for civic polls, the Bombay high court was told on Tuesday, while hearing a plea by an 18-year-old woman who claimed her application to enrol as a voter after she turned 18 in April 2025 was not accepted.
While the National Investigation Agency (NIA) sought a stay on the operation of the bail order so as to appeal before the Supreme Court, the HC refused the request, stating that Babu has been in jail for over five years.
Jasbir Singh, a resident of Village Mahlan in Rupnagar district, who operates a YouTube channel 'Jaan Mahal', was found to be associated with a Pakistani Intelligence Operative (PIO), Punjab Director General of Police Gaurav Yadav said.
Russian President Vladimir Putin is expected to visit India around December 5 to hold annual summit talks with Prime Minister Narendra Modi to further solidify bilateral strategic ties.
Singapore Police Force (SPF) is likely to provide crucial evidence, including CCTV footage and statements of eye witnesses, related to the death of Zubeen Garg within the next 10 days, a senior official said on Friday.
American sourcing firms and exporters in China are approaching Indian companies to supply goods to the US as high tariffs imposed by Washington are making it difficult for them to ship directly to America, apex exporters' body FIEO said on Monday. The US has imposed 145 per cent tariffs on Chinese goods entering the American market. For India, the duty is just 10 per cent.
Amid rising tensions between India and Pakistan, the US has called on both countries "not to escalate" the conflict. Secretary of State Marco Rubio is expected to speak with the foreign ministers of Pakistan and India as early as today or tomorrow. The US State Department said Washington is reaching out to both India and Pakistan "regarding the Kashmir situation" and telling them "not to escalate the situation."
The Supreme Court granted bail to Arvind Dham in a money laundering case, emphasizing that prolonged incarceration without trial violates the right to a speedy trial under Article 21 of the Constitution.
Security agencies have identified 11 Indians who spied for Pakistan. Look at what they did for a living.
The Indian government has expressed deep concern over the safety of Indian students in Canada after three students were murdered last week. The Ministry of External Affairs (MEA) said the Indian High Commission in Ottawa has raised the issue with Canadian authorities, emphasizing the importance of the safety and security of Indian nationals. The MEA has also issued an advisory for Indian nationals and students to exercise caution and remain vigilant due to the growing incidence of hate crimes and criminal violence in Canada.
The idea is to establish a robust and forward-looking legal framework that addresses the financial stress of power distribution companies, which are facing losses of over 6.9 trillion, while curbing high industrial tariffs that, according to the government, have affected competitiveness, constrained economic growth, and slowed the transition to clean energy.
Booth-level officers in Kolkata scuffled with police during a protest against alleged excessive work pressure related to the ongoing SIR process. The officers allege unrealistic deadlines and lack of support from the Election Commission.
The Centre has defended in the Delhi high court its decision to cancel the overseas citizen of India (OCI) card of United States-based journalist Raphael Satter saying he maligned Indian institutions in the international arena through journalistic activities.
The Russian agencies concerned are carrying out studies to determine the level of investments they will have to make to manufacture the aircraft in India, defence sources said.
The Indian Army has released a booklet on Operation Sindoor, which was launched to avenge the April 22 ghastly Pahalgam attack in which Pakistan-backed terrorists brutally killed 26 civilians, mostly tourists, and left many injured.
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.
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.
'Maybe he was wrong, but they believed he genuinely meant what he said.'
A Bangladesh court has convicted former Prime Minister Sheikh Hasina and British MP Tulip Siddiq in a land scam case, sentencing them to imprisonment. The verdict also includes other government officials and Hasina's sister, raising questions about extradition and political motivations.
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.
Gujarat Police arrested an Indian national accused of running an international cyber slavery network operated by Chinese gangs from Myanmar and Cambodia. The accused allegedly supplied Indian workers to scam compounds where they were forced to commit cybercrimes.
