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Q I am a retired bank officer aged 70. I have a health insurance policy with a coverage of ₹4 lakh under a special scheme of IBA (Indian Bankers Association). The maximum coverage for family is ₹4 lakh under the scheme. Top-up to a maximum of ₹5 lakh is available. I want to have a…
In the span of a few days, Himachal Pradesh was battered by over 20 flash floods, series of landslides, and cloudbursts, events that upended daily life and damaged critical infrastructure in the State. Events like these are now part of an unsettling pattern. The return period for such catastrophic weather events is shortening, making them…
Read More “India’s emerging shield against the climate crisis” »
Reliance Group firms Reliance Infrastructure (RInfra) and Reliance Power (RPower) on Sunday (July 27, 2025) said the Enforcement Directorate (ED) had concluded searches on their premises and that the companies would continue to cooperate with the agency. Both the Anil Ambani-led group’s companies said they, including their officials, would continue to fully cooperate with the…
Read More “Enforcement Directorate searches are over, say Reliance Group companies” »
The Indian economy is growing at a robust pace and will not face any challenge in achieving a growth rate upwards of 6.5% in the current financial year, RBI Monetary Policy Committee (MPC) member Nagesh Kumar said on Sunday (July 27, 2025). Mr. Kumar, in an interview with PTI Videos, further said that the Indian…
“The valuation of Reliance Industries tumbled ₹1,14,687.7 crore to ₹18,83,855.52 crore,” the most among the top-10 firms. | Photo Credit: Reuters The combined market valuation of six of the ten most valued firms diminished by ₹2.22 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last…
The story so far:India and the U.K. signed a Comprehensive Economic and Trade Agreement (CETA) on Thursday, after having announced the conclusion of negotiations on the deal in May this year. With negotiations starting in January 2022, the deal marks a more than three-year effort to enhance bilateral trade between the two countries. What has…
Read More “What does the new U.K.-India trade deal entail? | Explained” »
NephroPlus founder Vikram Vuppala at a press conference in Visakhapatnam. File | Photo Credit: The Hindu Dialysis services provider Nephrocare Health Services, better known by its NephroPlus brand, has filed draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO). The IPO proposed by the…
Read More “NephroPlus files DRHP, to raise ₹353.4 cr fresh capital from IPO ” »
The Insurance Regulatory and Development Authority of India has imposed a penalty of ₹3.39 crore and issued a warning to Star Health and Allied Insurance Company for violations under IRDAI Information & Cyber Security Guidelines, 2023. The regulator, however, did not elaborate on the violations in its July 25th communication. On Saturday (July 26,…
Read More “IRDAI imposes ₹3.39 cr penalty on Star Health Insurance ” »
NSDL will raise funds all through OFS in order to comply with the SEBI regulations which mandates stake holders not hold more than 15% of the total capital. | Photo Credit: REUTERS National Securities and Depositories Ltd. (NSDL) announced its offer for sale of up to ₹4011.6 crore after almost five months of delay due…
Read More “NSDL’s ₹4,000 crore IPO to open after months of delay” »
Generic drugmaker and biotech company Laurus Labs reported consolidated net profit for June quarter surged to ₹163 crore from ₹13 crore year earlier. The higher net profit came on a 31% increase in revenue from operations to ₹1,570 crore (₹1,195 crore). Founder and CEO Satyanarayana Chava attributed the performance to increasing contributions from CDMO business…
Read More “Laurus Labs Q1 net surges to ₹163 cr on higher revenue” »