IRDAI imposes ₹1 cr penalty on Canara HSBC Life for mis-selling policy to 88-year-old
Initiating proceedings, suo motu, on a social media post, IRDAI observed that the product specified…
Business
Business
IndusInd Bank slapped with ₹1 cr penalty by IRDAI for corporate agent norms violation
The action follows an onsite inspection conducted during June 2023 and subsequent enforcement proceedings. Read…
Business
India in talks to acquire lithium blocks in Australia, Chile; eyes five more in Argentina
The Union Mines Minister also sought greater private sector participation in exploration outside the country…
Business
FM flags AI risks, calls for responsible adoption
AI systems involving higher-risk use cases should undergo greater scrutiny before deployment and throughout their…
Business
SEBI proposes extending IT, cyber security framework of MIIs to their arms
The move comes even as SEBI highlighted that there could be a case for MIIs…
Business
India partially cancels debt sale for first time in a year
The RBI accepted bids worth only ₹45.06 billion ($471.12 million) for the 6.20% 2029 bond,…
Business
MPC will reassess growth-inflation dynamics at next meeting: RBI Governor
On inflation, RBI Governor Sanjay Malhotra said the rising crude oil prices will have an…
Business
India’s forex reserves jump by a record $44.903 billion
In the previous reporting week, the overall reserves increased $11.475 billion to a new all-time…
Business
Cochin Shipyard, Drydocks World join hands to expand ship repair facility
The agreement follows a memorandum of understanding (MoU) signed between the two companies during India…
Business
BRICS nations should link payment systems, trade in local currencies: Piyush Goyal at BRICS Business Forum
Speaking at the inaugural session of the BRICS Business Forum 2026, the Union Commerce Minister…