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A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.

IRDAI Allows Insurers to Hedge Equity Exposure With Derivatives

IRDAI permits insurers to use stock and index derivatives for hedging equity exposure, benefiting life insurers managing...

28 Feb 2025 11:28 PM IST

Tata Steel seeks GBP 500mn government bailout in UK. (PTI Photo)

India’s Core Sector Grows 4.6% in Jan; Fiscal Deficit at 74.5%

India's core sector grew 4.6% in Jan 2025, while fiscal deficit reached 74.5% of the annual target, driven by higher...

28 Feb 2025 11:17 PM IST

BMW 3 Series Long Wheelbase facelift launched at Rs 62.60 lakh

BMW 3 Series Long Wheelbase facelift launched at Rs 62.60 lakh

BMW India unveils the updated 3 Series Long Wheelbase 330Li M Sport, featuring a 255 BHP turbo-petrol engine and luxury...

28 Feb 2025 11:13 PM IST

Desperate situations call for desperate measures, which are coming now, but only after the hubris of the reelection-dominated July Budget dissipated somewhat and those producing goods and offering services are being recognised as pivotal drivers of the economy.

India's GDP Grows 6.2% in Q3 FY25, Recovery Gains Pace

India's GDP grew 6.2% in Q3 FY25, rebounding from 5.6% in Q2. Agriculture led growth, while manufacturing and mining...

28 Feb 2025 11:06 PM IST

Indian IT Sector Faces Slow Growth Amid Headwinds

Indian IT Sector Faces Slow Growth Amid Headwinds

Indian IT sector to see 4-6% growth in FY25-FY26 due to US, Europe slowdown. Hiring remains weak, AI upskilling drives...

28 Feb 2025 7:23 PM IST

India Needs 7.8% Growth for Next 20 Years to Be HIC: World Bank

India Needs 7.8% Growth for Next 20 Years to Be HIC: World Bank

Key priorities for transformation: Increasing investment, creating enabling conditions for more and better jobs,...

28 Feb 2025 6:44 PM IST

Delinquencies in micro loans surge three-fold

Delinquencies in micro loans surge three-fold

Portfolio at Risk between 31 days and 180 days went up by more than three times for all the players

25 Feb 2025 11:09 PM IST

India Plans Green Finance Body for Net-Zero Goal

India Plans Green Finance Body for Net-Zero Goal

Niti Aayog proposes a National Green Financing Institution to fund India's net-zero goal, focusing on low-cost green...

25 Feb 2025 6:02 PM IST

Personal Loans: Your Path to Financial Freedom

Personal Loans: Your Path to Financial Freedom

Explore how personal loans can help fulfil aspirations, from weddings to debt consolidation, with flexibility and smart...

11 Jan 2025 5:54 PM IST

Balanced growth, jobs: FM Defends 2024-25 Union Budget in Rajya Sabha

Balanced growth, jobs: FM Defends 2024-25 Union Budget in Rajya Sabha

New Delhi: Defending the Union Budget for the fiscal year 2024-25, Union finance minister Nirmala Sitharaman on...

1 Aug 2024 1:36 AM IST

No State deprived in Budget, says FM

No State deprived in Budget, says FM

New Delhi: Union Finance Minister Nirmala Sitharaman rejected the Opposition’s contention that the NDA government has...

30 July 2024 11:40 PM IST

Union Finance Minister Nirmala Sitharaman speaks during a post-budget press conference, in New Delhi, Wednesday, Feb. 1, 2023. (PTI Photo/Shahbaz Khan)

GST Council: Interest, Penalties To Be Waived if Tax Paid On Time

FM elaborated on various decisions, noting that small and medium taxpayers will benefit from an extended time limit for...

23 Jun 2024 3:30 AM IST