The Insurance Regulatory & Development Authority of India (Irdai) on Wednesday proposed setting up an internal insurance ombudsman for insurance companies -- except reinsurers-- with over three years of operation, to address unresolved complaints. The ombudsman will have power to hear complaints for claims up to Rs 50 lakhs.
Uttam Ghosh offers his take on the Rajya Sabha firman.
Banks have been borrowing heavily from the Tri-Party Repo (TREPS) market and deploying those funds into the Standing Deposit Facility (SDF) of the Reserve Bank of India (RBI), which is offering higher interest rate than the former, leading to increased volumes in the SDF window. The weighted average TREPS rate was trading at 5.66 per cent on Monday, 9 basis points lower than the SDF rate which currently stands at 5.75 per cent.
Uttam Ghosh offers his take on the weekend's whirlwind political developments in Punjab.
A new global study on Wednesday listed India among the top fintech hotspots alongside the US and the UK. The World Economic Forum study, released at its Annual Meeting of New Champions in China's Tianjin, also said the fintech sector growth is stabilising amid strengthening profitability and inclusion.
Uttam Ghosh pays tribute to the Incomparable Legend, Lataji Mangeshkar, Bharat Ratna.
The Reserve Bank on Friday announced a record Rs 2.69 lakh crore dividend to be paid to the government for the fiscal ended March this year, 27.4 per cent more than the payout in 2023-24. The Reserve Bank had transferred Rs 2.1 lakh crore dividend to the government for the fiscal 2023-24.
Uttam Ghosh offers his take on the events in Tripura, which led to several people being charged under the draconian UAPA, for questioning the state government's version on the recent violence in the state.
Uttam Ghosh offers his take on Sidhu's latest drama.
Uttam Ghosh offers his take on the rise in the price of fuel and cooking gas
Uttam Ghosh salutes Danish Siddiqui, the incomparable photojournalist who was murdered by the Taliban and whose images of our times will live on for eternity.
Uttam Ghosh offers his take on Mukul Roy's return to the TMC.
'Indian markets may underperform global peers for the next two quarters.' 'But beyond that, India should catch up and resume its long-term growth path.'
Uttam Ghosh offers his take on the current state of Indian democracy.
Uttam Ghosh offers his take on Gota's flight in the middle of the night.
Uttam Ghosh offers his take on the brouhaha after the prime minister could not attend what critics describe as a sparsely attended BJP rally in Ferozepur, Punjab, because protesters blocked part of the route.
India's 18 largest states, accounting for over 90 per cent of the country's gross state domestic product (GSDP), are likely to record a marginal uptick in revenue growth to 7-9 per cent this year, from 6.6 per cent clocked in 2024-25 (FY25), rating agency Crisil said in a report on Tuesday. This growth, slower than the decadal average of about 10 per cent, would lift these states' cumulative revenue to around Rs 40 trillion in FY26 from Rs 37.26 trillion in FY25.
Young investors with a higher risk appetite are better off with a combination of term insurance and equity funds.
India continues to remain an attractive investment destination and rise in repatriation of funds is a sign of a mature market where foreign investors can enter and exit smoothly, Reserve Bank Governor Sanjay Malhotra said on Friday. Gross foreign direct investment (FDI) inflows remained strong, rising by around 14 per cent to $81 billion in 2024-25, from $71.3 billion a year ago.
offers his take on the constantly zooming fuel prices in the country.
Uttam Ghosh offers his take on Uttar Pradesh Minister Sanjay Nishad's comment that who don't speak Hindi should leave India.
The 13th-month persistency rate of life insurers - an important metric indicating the retention of new policies - declined in the first quarter of 2025-26 (Q1FY26). This fall was primarily driven by a lower share of high-value policies, following taxation changes implemented in April 2023.
With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.
The factor fund launch spree by mutual funds (MFs) is moving from the passive to the active space. Two new fund offerings (NFOs) - ICICI Pru Active Momentum Fund and Bandhan Multi-Factor Fund - are currently open for subscription. Sundaram MF's multi-factor fund NFO closed this Wednesday.
Uttam Ghosh offers his take on why writer Aakar Patel -- who is also chairman of the Amnesty International India board -- is being prevented from traveling abroad.
India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.
Uttam Ghosh offers his take on the Trinamool Congress vanquishing the Bharatiya Janata Party in Bengal.
Uttam Ghosh is appalled by Bollywood performer Kangana Ranaut's inane remarks on India's struggle for freedom from British rule during which scores of Indians went to the gallow and millions went to prison.
Uttam Ghosh offers his take on the exit polls against the backdrop of increasing crude oil prices.
Ashok Gehlot, widely seen as the Congress's ruling family's nominee for the Congress president's post, bunged a spanner in the works when his MLA supporters submitted their resignations on Sunday night to assembly Speaker C P Joshi.
'Active funds have the ability to manage downside risk.'
State-owned Bank of Baroda (BoB) on Sunday said it has cut its benchmark lending rate linked to repo rate by 50 basis points in line with the RBI's rate reduction. Meanwhile, private sector HDFC Bank reduced its Marginal Cost of Funds-based Lending Rates (MCLR) by 10 basis points across tenure, which will benefit borrowers whose loans are linked to this benchmark.
Equity investors are up for an eventful trading week ahead as the 90-day suspension period of the reciprocal tariffs announced by US President Donald Trump ends on July 9, analysts said, adding that a positive outcome from the trade negotiations could further lift market sentiment, particularly benefiting trade-sensitive sectors.
Uttam Ghosh offers his take on the plight of the protesting farmers and the government's priorities.
Uttam Ghosh offers his take on Prime Minister Narendra Damodardas Modi's sudden decision to repeal the three farm laws.
Uttam Ghosh offers his take on Mohan Bhagwat's views.
Uttam Ghosh offers his take on Health Minister Harsh Vardhan's statement that India is better prepared in 2021 to handle COVID-19.
Uttam Ghosh will always remember August 7, 2021, the day an Indian athlete won an Olympic Gold Medal.
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