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Insurance CEOs at the event on launch of insurance awareness campaign said that addressing mis-selling is a collective industry responsibility, and both the regulator and insurers remain committed to further reducing the number of complaints.
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News and Media
Tesla shares saw an increase despite lower-than-expected deliveries. Nearly 12 crore shares changed hands. This happened amid tensions between Elon Musk and US President Donald Trump. Trump threatened action against Musk. This followed Musk's criticism of Trump's bill. Wall Street indices showed mixed trading. The spat and its potential impact are making investors nervous.
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News and Media
The Reserve Bank of India (RBI) is pushing for more frequent, real-time credit reporting to enhance transparency and consumer experience. Deputy Governor M Rajeshwar Rao highlighted the need for data accuracy and security amidst these advancements. Furthermore, a new 'grameen' credit score is on the horizon to improve financial inclusion for rural populations, particularly self-help groups.
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News and Media
A study reveals that US employers may incur significant costs due to President Donald Trump's tariff policies. JPMorganChase Institute estimates a direct cost of USD 82.3 billion for businesses. Retail and wholesale sectors are particularly vulnerable. These tariffs could lead to price increases, layoffs, or reduced profits. The analysis contradicts claims that foreign manufacturers will bear the tariff costs.
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News and Media
GreenEdge Wealth's Digant Haria suggests a technical trading approach for IT stocks due to AI risks and economic uncertainty. While the defence sector shows strong growth, new investors should consider related industries. The paint sector faces challenges with increased competition and slower growth, though the worst may be over, a return to normal economics is still 12-18 months away.
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News and Media
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