irdai should fast track risk based capital framework gst on insurance needs rationalisation parliamentary panel

Commission caps may hit low-value life covers

If commissions drop to the extent that distribution is not viable, industry officials say that sale of credit protection covers may drop. MUMBAI: The insurance regulator Irdai is considering an effort-based commission framework linking distributor payouts to selling and servicing effort, but life insurers fear lower commissions for group and embedded products could shrink coverage…

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oil prices today

Crude edges higher as US-Iran tensions revive supply concerns

The gains came after both benchmarks fell more than 2% in the previous session (representative image) Oil prices edged higher on Friday as the United States threatened to maintain a naval blockade of Iran indefinitely, renewing concerns over crude supplies even as weaker demand forecasts and rising US inventories limited gains.Brent crude futures rose 9…

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coriander

Your humble dhaniya is no longer free! Coriander prices rise above Rs 200 kg as heavy rains disrupt supply

Coriander harvested around Nashik is usually sent first to cold-storage facilities in Indore before being transported to Delhi. Dhaniya (coriander) and hari mirch (green chilli) have always been seen as the ‘freebies’ that the vendor gives when you buy vegetables. But the once-ordinary bunch of dhaniya patti has transformed from a complimentary add-on to a…

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1786689203 gold price prediction

Will gold price rally now face profit booking? Check August 14, 2026 outlook

Gold’s broader trend remains constructive, but the sharp rally has pushed prices into a crucial resistance. Gold price prediction today: Gold prices have rallied and the precious metal is now likely to see some profit booking, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.MCX Gold October futures are witnessing profit booking…

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us tariff dodging transhipment crackdown

India among countries flagged by US over Chinese goods ‘transshipment risks’

The report divided the more than 40 countries into three categories based on their economic relationship with China (representative image) The US has put India among more than 40 countries it says face risks of becoming conduits for Chinese goods seeking to avoid American tariffs, potentially adding another complication to the ongoing trade negotiations between…

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Gold, Silver Rate Today Live Updates: Gold slips after two-month high as investors book profits; silver also declines

Gold and silver prices remain in focus as investors assess the next move in precious metals after gold’s sharp rally and subsequent pullback. Gold prices fell on Friday as traders locked in profits following bullion’s climb to an over two-month high on Thursday. Spot gold was down 0.5% at $4,330.37 per ounce by 0103 GMT,…

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bank of america to acquire up to 499 stake in jio credit in rs 18268 crore deal

Bank of America to invest up to Rs 18,000 crore for 49.9% stake in Jio Credit

The deal will deepen Bank of America’s participation in India as the financial sector expands. MUMBAI: Bank of America will acquire an initial 26.5% stake in Jio Credit, the wholly owned NBFC lending subsidiary of Jio Financial Services, with the stake potentially rising to 49.9% under a joint venture agreement that could involve an investment…

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