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Business Standard

Business Standard

Bima Sugam to transform insurance sector: Industry

Bima Sugam, hailed as the “UPI (Unified Payments Interface) moment for insurance’, is poised to transform India’s insurance landscape by creating a unified digital marketplace for all insurance products and is expected to be a game changer for the industry, according to experts at the Business Standard BFSI Insight Summit 2025.

2 min  |

October 31, 2025

Business Standard

GST waiver alone not enough to deepen penetration: Insurers

The recent goods and services tax (GST) reforms are a landmark step towards making insurance more affordable and inclusive in India.

4 min  |

October 31, 2025

Business Standard

'AI-powered devices, voice redefining digital banking'

Devices that were once passive instruments in digital payments are now emerging as the new frontier of fintech innovation, as artificial intelligence (AI) reshapes the way banking, authentication, and customer interactions are conducted, industry leaders said at the Business Standard BFSI Insight Summit in Mumbai on Thursday.

2 min  |

October 31, 2025

Business Standard

Groww seeks valuation of ₹61,700 crore in IPO

Sets price band of ₹95-100/share

1 min  |

October 31, 2025

Business Standard

Meta, Microsoft test Street as AI-fuelled spending surges 89%

Alphabet’s Gemini hits 650 million users

3 min  |

October 31, 2025

Business Standard

Snabbit raises $30 mn in Series C

Quick services startup Snabbit on Thursday said that it has raised $30 million in a Series Cround of funding, led byBertelsmann India Investments, with participation from allits existing investors, including Lightspeed, Elevation Capital, and Nexus Venture Partners.

1 min  |

October 31, 2025

Business Standard

Affirma Capital, others to invest $56 mn in RMSI

Affirma Capital, alongside 360 ONE Asset and others agreed to invest up to $56 million in RMSI Limited, a leading engineering services player.

1 min  |

October 31, 2025
Business Standard

Business Standard

Educating customers in cybersecurity a long road

Even as the data privacy Bill is yet to be implemented, the Indian financial sector’s customers are relatively safer, thanks to the Reserve Bank of India (RBI) having stringent asks from the industry.

2 min  |

October 31, 2025

Business Standard

Beyond UPI: Fintechs face cross-border challenge to go global

Addressing cross-border payment challenges — such as prioritising key transaction corridors, meeting compliance requirements in those markets, and developing strong alternatives to the Society for Worldwide Interbank Financial Telecommunications (SWIFT)-will be critical for Indian financial technology (fintech) companies seeking to scale globally, executives said at the Business Standard BFSI Insight Summit 2025.

3 min  |

October 31, 2025

Business Standard

Assocham for easing tax measures to spur investor confidence

The Associated Chambers of Commerce and Industry of India (Assocham) has sought a series of direct tax measures aimed at boosting investor confidence, particularly in digital infrastructure, and called for simplifying compliance and reducing litigation, in its pre-Budget submission to the revenue secretary.

2 min  |

October 31, 2025

Business Standard

India's Labour Codes: Transformative step towards inclusive economic growth

If we implement with speed, transparency and collaboration, the Codes can anchor India's next growth chapter

4 min  |

October 31, 2025

Business Standard

Invest if you anticipate turnaround in beaten-down sector

Mutual fund houses continue towiden their productrange by launching schemes based on narrow sectoral themes, typically through exchange-traded funds (ETFs).

2 min  |

October 31, 2025
Business Standard

Business Standard

'We should've competing pension products'

The insurance and pension laws are \"joined at the hip\", and the Centre's move to allow 100 per cent foreign direct investment in the insurance sector could also pave the way for global pension fund managers to enter the market without joint venture partners, Pension Fund Regulatory and Development Authority (PFRDA) Chairperson S Ramann said in a fireside chat with Vikas Dhoot.

4 min  |

October 31, 2025

Business Standard

India is built for the VUCA world: Bhattacharya

Chief technology officers (CTOs) of more than 10 companies discussed artificial intelligence and all things tech with Arundhati Bhattacharya, chairperson and CEO of Salesforce India, over lunch at the Business Standard BFSI Summit on Thursday.

2 min  |

October 31, 2025

Business Standard

Logistics projects worth ₹2,600 cr gets approval

Uttar Pradesh (UP) has approved 38 private logistics and warehousing projects worth ₹2,600 crore in multiple cities, according to a senior officer of a state agency.

1 min  |

October 31, 2025

Business Standard

Happiest Minds eyes $50 mn from GenAI in 3 yrs

Mid-tier IT services company Happiest Minds Technologies sees a revenue potential of about $50 million from generative AI (GenAI) businesses over the next three years.

2 min  |

October 31, 2025

Business Standard

Dabur India eyes digital-first brands to propel growth

Dabur India on Thursday announced the launch of Dabur Ventures, a %500 crore investment platform, which will focus on digital-first consumer businesses of the homegrown fast-moving consumer goods (FMCG) firm.

1 min  |

October 31, 2025

Business Standard

Vested Finance opens global MF access to retail investors

Vested Finance, an investment platform that enables Indian investors to buy US stocks, has broadened its product suite to provide access to global mutual funds (MEFs).

1 min  |

October 31, 2025

Business Standard

Lodha's profit surges

Lodha Developers’ profit (attributable to owners of the company) for the second quarter of the financial year 2026 soared by 84.1 per cent year-on-year to ₹778.7 crore.

1 min  |

October 31, 2025

Business Standard

Stats ministry plans fresh look at CPI housing gauge

Seeks public feedback on shift to monthly rent tracking, wider coverage

2 min  |

October 31, 2025

Business Standard

Cipla revenue hits record high of ₹7,589 crore

Pharma major Cipla on Thursday posted a 4 per cent year-on-year (Y-0-Y) increase in its consolidated net profit for the second quarter of 2025-26 (Q2FY26) at ₹1,351 crore. The company clocked its highest ever quarterly revenue at ₹7,589 crore, rising 7.6 per cent Y-0-Y.

1 min  |

October 31, 2025
Business Standard

Business Standard

Inside the Louvre museum heist that shocked the world

Holly Barker and her husband, Jake, were third in line at the Louvre the morning of October 19.

4 min  |

October 31, 2025

Business Standard

Insurance sector is currently at unstable equilibrium: Irdai chief

Regulators set the agenda as insurance, pensions, digital currency, cyber risk, and crypto policy took centre stage on the penultimate day of the leading summit

5 min  |

October 31, 2025

Business Standard

Banking stock indices to be restructured in phases: Sebi

The Securities and Exchange Board of India (Sebi) said on Thursday indices of banking stocks linked to derivatives contracts — NSE’s Nifty Bank, BSE’s Bankex and NSE’s Nifty Financial Services — will be restructured ina phased manner.

1 min  |

October 31, 2025

Business Standard

‘BFSI is the most digitally mature sector’

Technology has become both the strongest survival tool and the biggest challenge for banks today, says Arundhati Bhattacharya, chairperson and chief executive officer (CEO), Salesforce India, and former chief of State Bank of India (SBI).

4 min  |

October 31, 2025

Business Standard

DRL's semaglutide faces regulatory hurdle in Canada

Hyderabad-based Dr Reddy’s Labs’ (DRL's) timeline to launch generic injectable semaglutide in Canada is set to be hit after the firm received a noncompliance notice (NoN) from the country’s Pharmaceutical Drugs Directorate, said analysts.

1 min  |

October 31, 2025

Business Standard

Nissan's exports from India hit 1.2 million

Nissan Motor India announced on Thursday its exports from India hit 1.2 million vehicles.

1 min  |

October 31, 2025
Business Standard

Business Standard

Target lets go of 150 India employees

US retailer Target is laying off about 150 people from its global capability centre (GCC) in India as part of the company’s wider layoffs announced last week, people familiar with the matter said.

1 min  |

October 31, 2025
Business Standard

Business Standard

'Stablecoins risk currency substitution'

Internationalisation of Indian rupee is not to replace the dollar but to reduce risk for Indian businesses by enabling more transactions in rupees

4 min  |

October 31, 2025

Business Standard

India imposes 30% import duty on yellow peas

The central government late Wednesday night finally imposed a 30 per cent effective import duty on yellow peas from November 1, announcing the step after months of speculation to check unrestricted imports and stem the fall in prices of domestic pulses.

2 min  |

October 31, 2025