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.
Aaditya Thackeray's googly to ICC: Why host T20 WC final in Ahmedabad and not Mumbai?
'It makes law-making on the part of the state governments much more difficult and throws up bottlenecks as governors are not acting on bills.'
The government on Wednesday approved a Rs 7,280 crore scheme to promote manufacturing of rare earth permanent magnets, a move which would help reduce India's dependence on China.
Current situation risks rendering ongoing operations untenable: ISL clubs to AIFF
The projections in the cement industry are mixed. Prices and demand remained muted in the third quarter (October & November) and short term uptick doesn't seem likely. However, the second quarter of the financial year 2026 (Q2FY26) was good year-on-year (Y-o-Y) for many cement majors aided by base effect, and some analysts expect acceleration in earnings and volume in the next financial year, again aided by base effect.
"It will take time," Sayeed told media persons.
'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'
Maharashtra Chief Minister Devendra Fadnavis addressed concerns about discriminatory fund allocation and reports of a rift with Deputy CM Eknath Shinde, dismissing both as unfounded.
As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points out Tamal Bandyopadhyay.
An ECI statement issued from New Delhi put the voter turnout at 68.76 per cent. The female turnout (74.03 per cent) was significantly higher, compared with males (64.1 per cent).
These losses increase insurance premiums for customers and reduce insurer margins on the other.
Bihar recorded its highest-ever voter turnout of 67.14 per cent in the second and final phase of the assembly elections. The election is seen as a referendum on Chief Minister Nitish Kumar. Kishanganj recorded the highest polling percentage at 76.26.
The government on Wednesday approved two schemes worth Rs 45,000 crore to help exporters tide over the impact of high tariffs imposed by the US on Indian shipments.
While it is evident that the INDIA bloc has not shut its doors on Nitish Kumar, those within the NDA are hopeful that the JD-U's support base would benefit them as well
So far this year, the rupee has fallen by 4.2 per cent, the worst among its Asian peers.
Rajya Sabha Leader of Opposition Mallikarjun Kharge assured Chairman CP Radhakrishnan of cooperation from the Congress party in the smooth conduct of the House, while also urging him to treat the Opposition and Treasury benches equally. He also mentioned the previous Chairman, triggering protests.
Wholesale price inflation (WPI) fell to (-) 1 .21 per cent in October, driven by a decline in prices of food articles like pulses and vegetables, as well as lower fuel and manufactured items' prices, government data showed on Friday.
The National Democratic Alliance was set to sweep the Bihar assembly polls, surging ahead in over 200 of 243 seats on Friday with the Bharatiya Janata Party emerging as single largest party with about 90 per cent strike rate, reaffirming the popularity and campaign clout of Prime Minister Narendra Modi, who was the face of the ruling alliance through the poll battle in the highly sensitive political state.
The Indian economy recorded a six-quarter high growth of 8.2 per cent in July-September, as factories churned out more products in anticipation of a consumption boost from the GST rate cut, according to government data.
In a fresh twist to the ongoing power struggle in Karnataka, caste groups backing Chief Minister Siddaramaiah and his deputy D K Shivakumar on Thursday threw their weight behind them, with one warning Congress against unseating the incumbent CM while the other community strongly batted for Shivakumar's elevation.
The Supreme Court on Wednesday asked the Commission for Air Quality Management (CAQM) to consider directing schools in Delhi-NCR to postpone open air sports competitions planned in November and December to 'safer months' keeping in mind air pollution levels.
India's merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to data released by the commerce department.
RSS leader Sunil Ambekar says history textbooks have been revised, with titles like 'the great' removed from historical figures like Akbar and Tipu Sultan. He highlights the importance of India's ancient knowledge and the need to understand its history.
Election results may be shifting the political landscape in Bihar. But the state's culinary legacy stands firm. As the new government prepares to take charge, let's look at the timeless flavours and a few recipes that define Bihar.
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.
The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga.
It is remarkable that all three states that had assembly elections along with the Lok Sabha polls Andhra Pradesh, Orissa and Sikkim have re-elected the parties that were running their governments till now.
Maharashtra Chief Minister Devendra Fadnavis has criticized the State Election Commission's decision to postpone some local body elections, calling it unfair to candidates. The decision follows petitions and sub judice matters, which Fadnavis argues should not halt the election process. Deputy Chief Minister Eknath Shinde also expressed disappointment, while tensions rise between BJP and Shiv Sena in Sindhudurg ahead of local polls.
SpaceX CEO Elon Musk voices strong support for the H1B visa program, highlighting the immense benefit the US has derived from Indian talent and cautioning against shutting it down.
Former Indian envoys criticize the death sentence handed down to ousted Bangladeshi Prime Minister Sheikh Hasina, expressing concerns about political polarization and stability in Bangladesh.
Waiting for ministry confirmation, but good decision to give Pak the nod: Tirkey
The division bench said that in the single judge's order dated December 1, 2025, the responsibility to carry out the work (lighting the lamp) was entrusted to the Thirupparankundram Arulmighu Subramania Swamy temple management.
The Centre is regularly holding consultations with stakeholders to streamline foreign direct investments (FDIs) and foreign institutional investments (FIIs) related processes to enable faster and more efficient investment flows into the country, said Commerce and Industry Minister Piyush Goyal, adding one such meeting with stakeholders was held on Tuesday.
Chhattisgarh Chief Minister Vishnu Deo Sai announced that North Bastar and Abujhmad regions are now free of Naxal violence, with the fight against Naxalism in South Bastar reaching a decisive phase. He attributes this success to trust-building measures and the surrender of Naxal cadres.
The reduction in the number of loan accounts and the outstanding amount during the last financial year is a cause of concern and stress for microfinance institutions (MFI), Secretary, Department of Financial Services, M Nagaraju said on Thursday, highlighting "inefficiency" in MFIs that leads to higher rates of interest.
Aditaynath alleged that the Congress, RJD and SP were "embracing" criminals in Bihar and allowing infiltrators to compromise with the state's security.
Citing Maharashtra Chief Minister Devendra Fadnavis, Nationalist Congress Party-Sharadchandra Pawar president Sharad Pawar on Saturday supported a probe into the controversial land deal allegedly linked to the company of his grandnephew Parth Pawar.
India's External Affairs Minister S Jaishankar addressed the Shanghai Cooperation Organisation (SCO) Council of Heads of Government meeting, advocating for a 'zero tolerance' approach to terrorism and emphasizing the need for the SCO to adapt to the changing global landscape.
US Secretary of State Marco Rubio praises India's measured and professional investigation into the Red Fort car explosion, calling it a terrorist attack. The US has offered assistance, but acknowledges India's capabilities in handling the investigation.
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