These losses increase insurance premiums for customers and reduce insurer margins on the other. Illustration: Dominic Xavier/Rediff The insurance industry has been witnessing Rs 8,000 crore to Rs 10,000 crore leak in annual claim payouts due to Fraud, Waste,
In an event-heavy week ahead, stock markets’ movement would highly depend on macroeconomic data announcements, global trends, RBI’s interest rate decision and trading activity of foreign investors, analysts said. Illustration: Uttam Ghosh India’s industrial production data for October 2025 will
After a brief pause in October, foreign investors resumed selling, pulling out a net Rs 3,765 crore from Indian equities in November, driven by global risk-off sentiment, volatility in global tech stocks and selective preference for primary markets over secondary
The XEV 9S is poised to disrupt the market, specifically with its entry-level variant called the ‘Pack One Above’, which offers a level of equipment rarely seen in base models, writes Rajesh Karkera/Rediff.com. Mahindra has officially pulled the XEV 9S
As many as 338 A320 family aircraft operated by Indian airlines require the software upgrade to address a potential issue related to flight controls, and modifications have been carried out in more than half of the affected fleet, according to
Tata Sons Chairman N Chandrasekaran on Saturday said Air India, which is undergoing a transformation, is not just a business opportunity but a “responsibility” for the Tata Group. Photograph via X The aviation sector faces continous challenges, he said and
Healthcare major Max Healthcare Institute delivered a healthy performance in the second quarter (July-September) of 2025-26 (Q2FY26). Strong patient volumes and average revenues not only boosted the top line but also aided the operating performance. Going ahead, the triggers for
Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. Illustration: Dominic Xavier/Rediff However, active banking funds have significantly lagged because of their heavy tilt
The Income Tax department will start sending SMS/emails to about 25,000 individuals, who are part of the “high-risk” cases identified for non-disclosure of foreign assets in the income tax returns (ITRs) filed for Assessment Year (AY) 2025-26, sources said. Illustration:
India’s forex reserves declined $4.47 billion to $688.104 billion during the week ended November 21 due to a steep decrease in the value of gold reserves, the RBI said on Friday. Illustration: Dado Ruvic/Reuters The overall reserves had increased by
