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.
While investments are typically reviewed annually, risk cover is often left unchanged for years.
Banks are witnessing a surge in hiring for sales staff in secured segments such as home, vehicle and gold loans as compared to the recovery category, driven by a boost in business growth, and a host of regulatory measures aimed at improving ease of doing business, according to industry experts.
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Arundhati Roy's 1989 film, In Which Annie Gives It Those Ones, which won two National Awards for Best Screenplay for Roy and Best Feature Film in English, is among the line-up of 10 films for the Berlinale Classics segment.
Mohammed Siraj returned 17-3-56-4 to help Hyderabad bowl Chhattisgarh out for 283 on Day 1 of their Group D Ranji Trophy contest, in Hyderabad, on Thursday.
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The last rites of veteran Congress leader and former Union minister Shivraj Patil were performed with full state honours in his home district, Latur, in Maharashtra on Saturday, with many top leaders in attendance.
Usually, in the western view, corporate success is attributed to efficiency, organisational structure, and scale. R Gopalakrishnan and Harish Bhat argue that philosophy, culture, and the transmission of values are more important for sustaining growth and profitability of an enterprise over a period of time.
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.
While some of them were excellent, most were passable. But many were far superior to the theatrical releases.
'If they said the shift is at 9, I would reach by 9. But no one came until 12. Slowly over the time, I felt very disappointed with the whole thing.'
Top Indian military commanders highlight the success of Exercise Trishul in enhancing jointness and interoperability among the Army, Navy, and Air Force. The exercise, culminating in Amphex 2025, involved 30,000 troops, multiple aircraft, and naval vessels, including INS Vikrant.
Divya Nair/Rediff spoke to international career counsellors to understand what you can do if your visa is delayed or denied when you have received a scholarship.
Shami, Akash Deep in Bengal's Syed Mushtaq Ali Trophy squad
'It is something that he always wanted to do and he has achieved phenomenal success in doing it.'
The return on investment (RoI) from technologies such as artificial intelligence (AI) will take time to materialise, and the immediate priority should be to increase spending on building governance frameworks around AI, top bank executives said.
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Movie stars arrived at the North Bombay Sarbojanin Durga Puja pandal to seek blessings, partake in the bhog and serve it.
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Defence Minister Rajnath Singh witnessed the spectacular Thar Shakti capability demonstration at the historic Longewala battlefield, showcasing the Indian Army's integrated prowess in Jaisalmer on Friday, October 24, 2025.
The New York City mayor-elect's mother has made some incredible movies.
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.
An Air India Express flight from Delhi to Indore, carrying 161 passengers, experienced an engine fault mid-air. The pilot issued a 'PAN-PAN' call, indicating a non-life-threatening emergency, and the plane landed safely in Indore with a slight delay.
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
A passenger at Indore airport claims to have been bitten by a rat, raising concerns about hygiene and pest control, especially after a recent incident at a local hospital.
'What's amazing is that many of his fans are not Indians.' 'Even in countries where they don't speak or understand Hindi, Shah Rukh is hugely popular.'
'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'
Advertising legend Piyush Pandey has passed away. He was 70. The news of Piyush Pandey's demise was shared by columnist Suhel Seth on X on Friday morning.
India needs to limit its reliance on multinational corporations (MNCs) for strategic audits and consulting in order to strengthen its economic sovereignty and achieve the goal of Atmanirbhar Bharat, the Ministry of Corporate Affairs (MCA) said in an office memorandum released on Wednesday.
Naseeruddin Shah's look as Bharat Ratna recipient JRD Tata in the upcoming series Made in India: A Titan Story was unveiled on social media on Tuesday, July 29, on the latter's 121st birth anniversary.
Mumbai were bowled out for 181 in their second innings, setting J&K 243 runs to win the season-opening match.
Here's a roundup of all Ranji Trophy matches played on Day 1 on Wednesday.
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Round up of all the Ranji Trophy action on Thursday
It was a proud evening for Shah Rukh Khan, as elder son Aryan Khan shone under the spotlight for his first ever premiere.
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