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.
'IndiGo is fooling the country and the government has succumbed to it.'
These losses increase insurance premiums for customers and reduce insurer margins on the other.
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.
India's manufacturing sector activity strengthened in October, buoyed by Goods and Services Tax relief, productivity gains and tech investment, even as international sales rose at a weaker pace, a monthly survey said on Monday.
'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'
Telangana's anti-narcotics wing, the EAGLE Force, conducted a multi-state operation against a Nigerian drug cartel, resulting in over 50 arrests and the seizure of narcotics worth Rs 3.5 crore.
The Election Commission has defended its Special Intensive Revision of electoral rolls in West Bengal and Tamil Nadu in the Supreme Court, refuting allegations of mass deletion of genuine voters as exaggerated and politically motivated.
Ganesh Shankar Vidyarthi Memorial Medical College in Kanpur removes Dr. Shaheen Sayeed's name from its pharmacology department board after her name surfaced during the Delhi blast investigation. The Indian Medical Association's Uttar Pradesh chapter has also begun the process to revoke her membership.
Amid the political push and pull, the Centre's decision to allow sugar exports and remove the 50 per cent duty on molasses exports has rekindled hope in the industry that more relief may follow.
'There are very few issues and a political call needs to be taken about some of them.'
So far this year, the rupee has fallen by 4.2 per cent, the worst among its Asian peers.
It's the kiss that went viral in just moments!
The UK has updated its travel advisory for British nationals travelling to India following an explosion near the Red Fort Metro Station in Delhi. The advisory urges British nationals in Delhi to follow the advice of local authorities.
They also used YouTube extensively to learn how to create Improvised Explosive Devices for carrying out terror attacks. Digital footprints analysed during the interrogation identified the primary handlers as 'Ukasa', 'Faizan' and 'Hashmi'.
'Most pollution boards across the country have unused funds. There is practically no reason why pollution should not be a political priority.'
AI didn't replace our skills in 2025; it rearranged their importance, says Vishal Sood, CEO and founder of Placecom.
Delhi Police has registered two FIRs against Haryana's Al-Falah University after the UGC and NAAC raised concerns about false accreditation claims.
Top Naxalite commander Madvi Hidma, who had masterminded several attacks over the last two decades, was killed in an encounter in neighbouring Andhra Pradesh on Tuesday, a breakthrough Chhattisgarh Police described as the 'last nail in the coffin' of the insurgency.
'I wanted to do something different, so I turned Dharamji into Hardy, making him waddle with Naseer's stick-like Laurel.' 'People enjoyed seeing him in these avatars. When you work with an evergreen superstar like Dharamji, you can make such 'items'.'
Companies, particularly those that are notified as Significant Data Fiduciaries, will have to make extensive investments in data mapping, process modification, consent management tools, tools to enable Data Principal Rights, and establish a well-structured Data Privacy Officer organisation.
S S Rajamouli announced his new epic Varanasi at a grand event at Hyderabad's Ramoji Film City over the weekend.
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.
At least four militants belonging to a banned outfit were killed in an encounter with security forces in Manipur's Churachandpur district.
The matter has now been escalated and the ministry has written to Customs, Bureau of Indian Standards (BIS) and the Directorate of Revenue Intelligence (DRI) to investigate it thoroughly.
India's equity markets may have expanded rapidly, but initial public offerings (IPOs) are increasingly becoming exit vehicles for early investors rather than as engines for raising long-term capital, a shift that undermines the spirit of public markets, Chief Economic Advisor V Anantha Nageswaran warned on Monday at a CII event.
Trai has ordered BFSI firms to move service and transaction calls to the 1600 series from 2026 to reduce spam, financial fraud, and rising digital arrest scams.
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.
Ahead of the key meeting called by the steel ministry with the industry captains on Monday to discuss the impact of rising steel imports, companies have raised the issue of cheaper 'substandard' inflows from China, Vietnam, and South Korea, saying they are setting the benchmark for domestic prices and squeezing the profitability of Indian producers.
The Enforcement Directorate on Tuesday launched searches against the Al Falah University of Faridabad and its promoters and linked persons as part of its investigation related to the Red Fort area terrorist blast case, sources said.
Karnataka Chief Minister Siddaramaiah met Prime Minister Narendra Modi and insisted on demands pertaining to the state, including on Fair Recovery Price of sugarcane, All India Institute of Medical Sciences for Raichur, the release of flood relief among others.
'If the Trump administration could gain access to the nuclear weapons, they would be satisfied -- at least they could control them.'
In its report, 'Asset Recovery Guidance and Best Practices', the global money laundering and terrorist financing watchdog, shared multiple examples from cases investigated by the ED, citing them as models of effective asset recovery practice and inter-agency coordination.
The well-fought defensive battles in Aksai Chin and eastern Arunachal, in remote and forbidding locations such as Galwan, Rezang La, Gurung Hill and Walong, effectively halted Chinese advances not once but twice during the campaign. These engagements, fought with grit and without adequate support, were not immediately known to the world in 1962, points out Dr Kumar.
The 40 per cent trans-shipment tariff by the US will create major compliance issues for companies in India and the ASEAN region, with high risks for sectors like machinery, electrical equipment and semiconductors, Moody's Ratings said on Tuesday. In July 31, US President Donald Trump announced a 40 per cent tariff on goods deemed to have been transshipped, beyond the broader country-level tariffs.
India's services sector growth witnessed the slowest pace of expansion in five months in October, as competitive pressures and heavy rains in parts of the country led to a slower increase in output, according to a monthly survey released on Thursday.
The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.
4.5 million weddings are expected across India.
Police intensified the crackdown on the terror ecosystem in Kashmir, carrying out raids at more than 300 locations linked to persons affiliated with the banned Jamaat-e-Islami (JeI) in the valley.
Jammu and Kashmir Police detained over 50 people for alleged involvement in anti-state activities following raids across multiple districts. The crackdown targeted separatist networks, overground workers, and individuals linked to Pakistan-based Kashmiri natives.