Who regulates the regulator?
India needs strong insurance regulation, but interventions must be judged by their impact on coverage, claims and consumer outcomes. Irdai should correct market failures without prescribing commercial choices.
India needs strong insurance regulation, but interventions must be judged by their impact on coverage, claims and consumer outcomes. Irdai should correct market failures without prescribing commercial choices.
If you are a non-resident Indian (NRI), transferring money between bank accounts in India can be an important part of managing finances across countries. The type of account you use matters, particularly if you plan to remit funds overseas or transfer money to another NRI account. A NRO (non-resident ordinary) account serves as a convenient…
Gold and silver ETF investors hold units in their demat accounts, while the physical bullion backing these units is stored in vaults. The Securities and Exchange Board of India (SEBI) has approved changes to its vault manager regulations to bring the storage of bullion underlying gold and silver ETFs under a broader common regulatory framework….
The Indian stock market opened in the red on Friday as oil prices inched higher amid concerns over the potential closure of the Strait of Hormuz. Iran has suggested banning vessels deemed hostile from the strait and imposing heavy fines on those that violate the proposed rules. Sensex fell over 200 points to slip below…
Taking a loan with insurance cover could soon come with clearer choices for borrowers, with the Insurance Regulatory and Development Authority of India (IRDAI) proposing new safeguards around such bundled offerings. The proposals, laid down in a consultancy paper released on Wednesday, are part of a sweeping overhaul of insurance distribution that could put pressure…
Shares of Rashtriya Chemicals & Fertilizers (RCF) climbed as much as 2.88% on Wednesday to an intraday high of Rs 134.68 after the state-owned fertiliser company announced key fundraising and corporate governance decisions. In a regulatory filing, RCF said its board, at a meeting held on July 7, 2026, approved raising up to Rs 1,500…
Receiving a large cash gift from relatives does not by itself settle the tax treatment. When such a transaction is questioned, the recipient may have to establish who gave the money, whether the gifts were genuine and whether the donors had the financial capacity to make them. A recent Chennai Income Tax Appellate Tribunal (ITAT)…