insurance business in india

India has eased foreign investment rules, allowing up to 100% FDI in insurance and relaxing norms for investments from neighbouring countries. Companies with up to 10% Chinese holding can now invest via the automatic route, though entities registered in China itself are excluded. These changes aim to boost capital inflows amidst a weakening rupee.

Navigating India's busy holiday travel season requires smart planning beyond just booking early. Travelers can mitigate chaos by securing travel insurance, choosing less crowded destinations, investing in reliable luggage, prioritizing direct flights, and utilizing smart booking tools. These proactive steps ensure a smoother, more enjoyable journey.

Ageas, a Belgian insurer, is prioritizing growth in India, aiming for a top-10 life insurance position and remaining open to inorganic opportunities. The company emphasizes a localized operational model and sees significant potential in India's evolving insurance market, particularly in protection and retirement segments.

Budget airline IndiGo has issued a travel advisory warning of potential flight disruptions between India and the Middle East due to the evolving security situation in the UAE and Iran. Passengers are urged to check their flight status regularly and stay informed via official channels as authorities heighten alert levels.

Investors from Tier-2 & -3 cities embrace stocks and mutual funds, but gaps in advisory may leave many vulnerable

US insurer The Standard has launched its first global capability centre in Bengaluru, aiming to boost software engineering, AI, and enterprise platforms. This strategic move signifies a deep dive into in-house technology expertise, focusing on innovation and design rather than just system maintenance.

Amidst global supply chain disruptions, India's economic leaders are prioritizing domestic strength. Finance Minister Nirmala Sitharaman highlighted the vast Indian consumer base as a key defense, while industry titans emphasised strategic self-reliance in manufacturing and a pivot to green energy. This approach aims to leverage India's demographic dividend and workforce to navigate international volatility and accelerate national growth.

Nepal's Home Minister Sudan Gurung resigned amid scrutiny over his wealth disclosures and alleged business links with a businessman under money-laundering investigation. This marks the second ministerial setback for PM Balendra Shah's anti-corruption government within weeks, highlighting early challenges to its clean governance agenda.

In a day of dramatic developments, PM Balendra Shah took charge of the home ministry after Sudan Gurung’s exit, just 26 days after his anti-corruption govt took office.

With overseas Puja committees rethinking priorities amid global uncertainty, the idols makers are growing jittery about delays

O2C Division Hit Hard By Rising Costs, Supply Chain Disruptions