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ITC likely on agenda as insurers to meet Irdai chief tomorrow

September 16, 2025

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Financial Express Mumbai

MANAGING DIRECTORS AND CEOs of major life and general insurance companies will meet Insurance Regulatory and Development Authority of India (Irdai) chairman Ajay Seth in Hyderabad on Wednesday, sources said. The issue of input tax credit on life and health insurance and renewal premiumsis likely to feature in their discussions.

- NARAYANAN V

This will be the first formal industry-level interaction with Seth since he took charge as the head of the insurance regulator on September 1.

المزيد من القصص من Financial Express Mumbai

Financial Express Mumbai

Nvidia invests $5 billion in Intel, plans to co-design chips

NVIDIAAGREED TO invest $5 billion in Intel and said the two will co-develop chips for PCs and data centers, a surprise move to help prop up an ailing archrival that sent Intel shares soaring.

time to read

1 min

September 19, 2025

Financial Express Mumbai

'Key EPFO services now available with single login'

IN A FRESH set of reforms to bring ease in Employees’ Provident Fund Organisation (EPFO) operation, subscribers will now get all key services and access to their ‘Employees’ Provident Fund’ account details using a single login on the members’ portal, Union Labour Minister Mansukh Mandaviya said on Thursday.

time to read

1 min

September 19, 2025

Financial Express Mumbai

Maruti cuts prices, makes S-Presso the cheapest car

REDUCTION ACROSS MODELS OVER & ABOVE GST BENEFITS

time to read

2 mins

September 19, 2025

Financial Express Mumbai

GST cuts to cover a third of monthly consumption spend

THE REDUCTION IN GST rates will cover 11 ofthe top 30 consumption items and a third ofanaverage consumer's monthly expenditure, as pera Crisil report.

time to read

1 min

September 19, 2025

Financial Express Mumbai

SMBC completes Yes Bank stake buy

SUMITOMO MITSUI BANKING Corporation (SMBC) has completed the acquisition of a 20% stake in Yes Bank through secondary purchase of shares from State Bank of India and other banks, the private lender said on Thursday.

time to read

1 min

September 19, 2025

Financial Express Mumbai

871,700 FAMILIES HAVE $1 MN OR MORE: REPORT Millionaire households jump 90% in four years

INDIAHAS 871,700 millionaire households with a net worth of %8.5 crore ($1 million) orabove, up 90% from 458,000 in 2021, according to the Mercedes-Benz Hurun India Wealth Report 2025.The surge reflects India’s rapidly expanding affluent base, driven by strong equity markets, entrepreneurship, and urban economic growth, said the report.

time to read

1 mins

September 19, 2025

Financial Express Mumbai

Starmer, Trump hail their close ties; skirt issues

US PRESIDENT DONALD Trump and British Prime Minister Keir Starmer hailed the renewal of their nations'“special relationship\" on Thursday, drawing the US leader's unprecedented second state visit to a close with a show of unity after avoiding possible pitfalls.

time to read

1 mins

September 19, 2025

Financial Express Mumbai

Private users may withdraw 80% of NPS corpus

SWEEPING CHANGES

time to read

1 min

September 19, 2025

Financial Express Mumbai

NaBFID launches facility for partial credit enhancement

THE NATIONAL BANK for Financing Infrastructure and Development (NaBFID) on Thursday launched a partial credit enhancement (PCE) product to improve long-term capital access for infrastructure projects.

time to read

2 mins

September 19, 2025

Financial Express Mumbai

'NaBFID 1s targeting a ¢51-cr book by FY30'

The National Bank for Financing Infrastructure and Development (NaBFID) is planning to grow its book to €5 lakh crore by FY30,managing director Rajkiran Rai tells Kshipra Petkar inan interview.

time to read

1 mins

September 19, 2025

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