#Economy

ICICI Life Q2 Results Jumps 25% as ICICI Bank Seizes Control

ICICI Life Insurance reports a 25% surge in Q2 FY27 net profit to ₹374 crore, fueled by protection and annuity sales. With a VNB margin of 25.44% and ICICI Bank cementing majority control, the insurer signals robust growth despite market shifts.

RBI Hikes Daily CRR to 99%: Why ₹3.88 Lakh Cr Cash Is Trapped

Starting October 16, 2026, the RBI forces banks to hold 99% of cash reserves daily. Here is why the central bank is trapping ₹3.88 lakh crore in liquidity, hiking overnight call rates, and squeezing day-to-day banking treasury profit margins.

Retail Securitisation Market in India Hits Rs 1.46L Cr

Driven by a massive surge in gold loans and expanding foreign bank participation, India's retail securitisation volumes leaped 42% in H1 FY27, signaling a maturing, highly liquid NBFC credit ecosystem.

India Industrial Growth August 2026: Factory Output Soars 8%

Moving past its traditional reliance on services, India's manufacturing backbone is taking the lead. With a massive 9% surge in factory output, the focus shifts to sustaining the private corporate capex cycle.

SEBI Evaluates 20,000 Comments on CAS Reforms & Commodity Limits

SEBI Chairman Tuhin Kanta Pandey announces a critical review of non-agri commodity limits to boost market liquidity. Simultaneously, an unprecedented 20,000 market responses flood in regarding proposed changes to the Closing Auction Session (CAS

70% of Insurers Are Watching This: How the New IRDAI Public Insurance Registry Slashes Costs

IRDAI extends the PIR feedback window to October 17, 2026. This population-scale digital infrastructure promises to cut bancassurance distribution expenses by 30%, eliminate repeated KYC, and speed up policyholder claim settlements.

Anup Kumar Saha to Succeed Ashok Vaswani as Kotak Mahindra Bank MD & CEO in 2027

RBI approves Anup Kumar Saha as Kotak Mahindra Bank's new MD & CEO for a three-year term starting January 2027. Discover his Bajaj Finance background and the strategic shift toward retail lending.

Anup Bagchi Appointed HDFC Bank MD & CEO: RBI Approves 3-Year Term

The Reserve Bank of India has approved ICICI veteran Anup Bagchi to lead HDFC Bank. The appointment concludes a highly scrutinised CEO succession process for India's largest private lender.

SBI’s ₹23,000 Crore Warning: Will the FCRA Amendment Bill 2026 Freeze NGO Funds?

The State Bank of India warns the Joint Parliamentary Committee of severe systemic risks. Without statutory safe harbors, NGO asset vesting could trigger a compliance nightmare for India's banking sector.

Aryaman Financial Services Appoints Anjali Gorsia as Company Secretary

Aryaman Financial Services Limited has appointed Anjali Gorsia as its new Company Secretary. The move strengthens the firm's compliance framework across its merchant banking and NBFC lending operations.

IndiaFirst Life AI Transformation: Agentforce in Core Insurance

IndiaFirst Life deploys Salesforce Agentforce across underwriting, claims, and customer service to drive operational leverage without raising cost ratios.

Air India $1.5B Capital Call Tests Singapore Airlines Multi-Hub Plan

Air India's reported US$1.5 billion equity request from Tata Sons and Singapore Airlines highlights widening financial losses, rising regional airspace disruptions, and growing political scrutiny in Singapore over state-backed investment risks.

Meta Teen Safety Settlement: $18B Deal Reshapes Social Media for Kids

A comprehensive breakdown of Meta’s landmark $18B youth safety pact, default two-hour limits, Night Mode, independent research audits, and conditional billions aimed at forcing rival platforms like TikTok and YouTube into tighter teen rules.

Bank of Baroda Launches UPI Global QR Payments

International tourists and NRIs can now make seamless QR payments across India using home-country banking apps under Bank of Baroda's new UPI initiative.

AI and the Future of Jobs in India 2047: Why AI Won't Replace India's Workforce—It Will Reinvent Every Job

Goldman Sachs estimated AI could threaten up to 300 million jobs globally. A University of Pennsylvania study found that white-collar roles earning ~$80,000 are particularly vulnerable, noting disruption in several sectors.

India-UK FTA to kick in on 15 July. What gets cheaper & how Indian exporters stand to benefit

The India-UK FTA kicks in on 15 July 2026, eliminating tariffs on nearly 99% of trade lines. Here's a full breakdown of what gets cheaper, how exporters gain, and the latest updates on this landmark deal.

Stock Market Today: Sensex, Nifty Open Higher; Will Dalal Street Close in Green?

Indian stock markets opened slightly higher today as investors reacted positively to signs of possible cooling in West Asia tensions. Nifty 50 rose 0.37% to 23,735.30 and BSE Sensex gained 0.40% to 75,622.38 at 9:15 am IST.

Cabinet Clears ECLGS 5.0 to Help Businesses Manage West Asia Crisis Impact

ECLGS 5.0 is aimed at helping such businesses continue operations without facing sudden liquidity pressure.

Capital Has a Memory Again: What Founders Must Prove in 2026

India's funding story in 2026 is actually more encouraging than the raw numbers suggest. The drop in deal volume reflects a market growing up, not giving up.

Why India's Startup Ecosystem Is a Game-Changer for Viksit Bharat 2047!

India's startups are already leveraging AI, blockchain, IoT, and deep learning to solve problems across agriculture, healthcare, logistics, and financial inclusion at a scale that no government scheme alone could achieve.

India's Export Growth 2026: Top Sectors Driving the $820 Billion Trade Boom

Electronics has now become India’s top export category, marking a major structural shift toward high-value manufacturing.

Wipro Rs 15000 Crore Buyback 2026: Price, Date, How to Participate

Wipro's biggest-ever buyback offers shares at Rs 250 — a 19% premium over market price. Here is the full breakdown By Business Correspondent

Fuel Prices in India Today: Weekly Update, Iran Conflict Impact & Next Week Prediction

As of this week (early April 2026), petrol and diesel prices across major Indian cities remain largely unchanged: Delhi: Petrol ~₹94–95/litre, Diesel ~₹87/litre Mumbai: Petrol ~₹104+, Diesel ~₹92+ Bengaluru, Chennai, Kolkata, are also stable.

April Opens With a Roar: Why Dalal Street Began FY27 on a Strong Note

On 1 April 2026, the benchmark indices staged a sharp rebound, with the Nifty 50 rising 2.42% to 22,870.25 and the Sensex climbing 2.52% to 73,766.35 in early trade, marking their biggest single-day jump in about two months

India’s Unicorn Startups: Who Will Be the Next Big IPO?

In just under a decade, India’s startup ecosystem has undergone a dramatic transformation. From barely 500 recognised startups in 2016 to over 1.57 lakh by the end of 2024, the growth has been nothing short of exponential.

How AI Tools Are Helping Startups Build Faster Than Ever

The economic implications of this shift are staggering. Development costs — historically one of the largest expenses for early-stage startups — are collapsing.

Viksit Bharat 2047: What India Could Look Like at 100

Viksit Bharat 2047 is India’s long-term vision to become a developed nation by its 100th year of independence, targeting a $30–40 trillion economy and a per capita income of $15,000+.