Aathira Varier, Business Standard

Stories by Aathira Varier, Business Standard

Northern Borders 'Stable Yet Sensitive': Defence Ministry

Northern Borders 'Stable Yet Sensitive': Defence Ministry

Rediff.com   3 Jan 2026

The deployment of the army in all sectors along the Line of Actual Control, the de facto border between India and China, is 'robust, well poised and prepared to deal with any emerging contingency'.

3.84 Trillion Spent On These Weapons...

3.84 Trillion Spent On These Weapons...

Rediff.com   2 Jan 2026

The largest tranche came in July, in the wake of Operation Sindoor, with the DAC according acceptance of necessity -- or initial approval -- for 10 capital acquisition proposals amounting to approximately 1.05 trillion through indigenous sourcing.

Gold most stable asset during geopolitical tensions: RBI staff study

Gold most stable asset during geopolitical tensions: RBI staff study

Rediff.com   1 Jan 2026

Gold has emerged as the most stable asset during episodes of geopolitical stress, and crude oil has been more sensitive than others when it comes to regional conflicts and sanctions, according to a report in the Reserve Bank of India's (RBI's) monthly bulletin. Silver and the United States Treasury have showed moderate reactions.

PSBs' staff count rises for 1st time in 5 years

PSBs' staff count rises for 1st time in 5 years

Rediff.com   31 Dec 2025

Public sector banks' (PSBs') employee count grew for the first time in five years while private sector banks' staff strength saw a decline in 2024-25 (FY25), according to latest data released by the Reserve Bank of India (RBI). The employee count of state-owned lenders rose 0.22 per cent year-on-year (Y-o-Y) to 757,641 at the end of March 31, 2025 from 756,015 in FY24.

Corporate lending may rebound as loan-bond rate gap narrows

Corporate lending may rebound as loan-bond rate gap narrows

Rediff.com   31 Dec 2025

Bank lending to companies is expected to go up in the coming quarters because the difference in interest rates between corporate bonds and bank loans has narrowed. In addition, recent policy reforms by the Reserve Bank of India (RBI), including allowing domestic banks to do acquisition financing, are expected to give further support to corporate lending, analysts said.

Bank Frauds Surge To 21,515 Cr In H1FY26

Bank Frauds Surge To 21,515 Cr In H1FY26

Rediff.com   30 Dec 2025

This was up 30 per cent from the same period last year, even as the number of frauds fell 2.8 times to 5,092.

New Insurance Amendment Bill: Intermediaries with high commissions may see payouts drop

New Insurance Amendment Bill: Intermediaries with high commissions may see payouts drop

Rediff.com   29 Dec 2025

Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. The new Bill gives the Insurance Regulatory & Development Authority of India (Irdai) the power to disgorge unlawful gains made by insurers and intermediaries as well as the right to limit commissions paid to intermediaries.

Insurance industry flags concerns over proposed Insurance Amendment Bill

Insurance industry flags concerns over proposed Insurance Amendment Bill

Rediff.com   24 Dec 2025

The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of India (Irdai), while there is ambiguity in the very definition of the insurance business, according to industry experts.

Insurance: Lack of legacy distribution network a challenge for foreign cos

Insurance: Lack of legacy distribution network a challenge for foreign cos

Rediff.com   22 Dec 2025

The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.

SIM-Binding Standoff: Telcos Vs Apps

SIM-Binding Standoff: Telcos Vs Apps

Rediff.com   17 Dec 2025

App-based communication services providers and Indian telcos are at loggerheads over the SIM-binding directions issued by the department of telecom, which are to be complied with by the end of February 2026.

Tier-II, -III mkts make 62% of new health insurance policies

Tier-II, -III mkts make 62% of new health insurance policies

Rediff.com   12 Dec 2025

Tier-II, Tier-III, and rural regions accounted for 62 per cent of all new health insurance policies sold by insurers so far in 2025-26 (FY26), according to a Policybazaar report. These regions are also witnessing a rise in the sum assured opted by customers.

Trai Launches Digital Consent Pilot

Trai Launches Digital Consent Pilot

Rediff.com   11 Dec 2025

A national rollout will take place after the pilot test in which SBI, PNB, Axis Bank, Bank of Maharashtra, Canara Bank, Kotak Mahindra Bank, IndusInd Bank, ICICI Bank, HDFC Bank, Indian Overseas Bank and Punjab & Sind Bank are participating.

Insurance sector premium growth crossed 20% in Nov

Insurance sector premium growth crossed 20% in Nov

Rediff.com   9 Dec 2025

Both the life and non-life insurance segment posted over 20 per cent premium growth in November for the first time in this financial year (FY26), supported by the reduction in goods and services tax (GST) on premiums from 18 per cent to zero and a favourable base effect.

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Rediff.com   8 Dec 2025

Bajaj Finserv - the holding company of Bajaj group's financial services business - has laid out plans for the next five years. During this period, it is eyeing 18-22 per cent compound annual growth rate (CAGR) in net profit at Rs 21,000-24,000 crore on a consolidated basis.

With firefighting behind them, insurers can now shift gears and focus on growth

With firefighting behind them, insurers can now shift gears and focus on growth

Rediff.com   3 Dec 2025

Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.

FinMin: No Directions Given to LIC on Investments

FinMin: No Directions Given to LIC on Investments

Rediff.com   2 Dec 2025

'LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance.'

Fraud Bleeds Insurers Of Rs 10,000 Crore A Year

Fraud Bleeds Insurers Of Rs 10,000 Crore A Year

Rediff.com   1 Dec 2025

These losses increase insurance premiums for customers and reduce insurer margins on the other.

Insurers to Spend More on Tech for DPDP Compliance

Insurers to Spend More on Tech for DPDP Compliance

Rediff.com   21 Nov 2025

The DPDP rules, which have come into effect, require companies to implement a data protection and consent management system by November 2026.

Pent-up demand boosted retail health insurance segment in October

Pent-up demand boosted retail health insurance segment in October

Rediff.com   19 Nov 2025

Even as non-life insurers reported muted premium growth in October, standalone health insurers saw a robust 38 per cent year-on-year (Y-o-Y) surge. This growth was driven by pent-up demand in the retail health insurance segment.

M&M, Manulife to form life insurance JV with 7,200 crore investment

M&M, Manulife to form life insurance JV with 7,200 crore investment

Rediff.com   14 Nov 2025

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.