insurance business in india

UK's Prudential plc is acquiring a 75% stake in Bharti Life Insurance for Rs 3,500 crore, gaining operational control and marking a strategic reset for its India business. This move allows Prudential to deploy a wider product suite and leverage Bharti's domestic reach, aiming to boost insurance penetration in India.

In Buxar, jewellery merchants express deep concern following Prime Minister Modi's suggestion to curtail gold purchases. They argue that such measures could jeopardize jobs and threaten the livelihood of small enterprises. Gold, they insist, holds immense cultural value and provides financial security for many rural and middle-class households.

Tata Consultancy Services CEO K Krithivasan's earnings for FY26 reached over Rs 28 crore. This figure represents 332.8 times the median employee remuneration at the IT services giant. Krithivasan's compensation includes salary, benefits, and commission, showing a 6.3 per cent increase from the previous year. His extensive career at TCS spans over three decades

Stock market recommendations: Motilal Oswal Wealth Management Research Desk recommends picking up Syrma SGS, and Max Financials as the top stocks for the trading week starting May 18, 2026:

Uday Kotak, founder of Kotak Mahindra Bank, urged India to reduce its reliance on foreign capital and cultivate a robust domestic pool of long-term risk capital for true self-reliance. He emphasized that companies should prioritize building businesses with a three-to-five-year vision over short-term stock price fluctuations, advocating for stronger domestic private equity and venture capital ecosystems.

A change in how social security benefits are calculated by employers under the new labour codes could affect your in-hand salary.

India's enduring love for gold spans centuries, evolving from tradition to modern investment. Women hold vast reserves, and the market is set for significant growth. Digital gold and ETFs are gaining traction alongside traditional jewellery. Gold remains a symbol of prosperity, security, and auspiciousness for Indians across generations.

A nuanced understanding of the various ITR forms for FY 2025–26 is essential for globally mobile professionals, domestic salaried taxpayers, and individual investors

Responding to queries from TOI readers as part of Mission Admission campaign, vice-chancellor of Osmania University, Kumar M, says the future will belong to students who can adapt and are willing to learn

India has eased foreign investment rules, allowing up to 100% FDI in insurance and relaxing norms for investments from neighbouring countries. Companies with up to 10% Chinese holding can now invest via the automatic route, though entities registered in China itself are excluded. These changes aim to boost capital inflows amidst a weakening rupee.

Ira Singhal, an IAS officer and computer science engineer, made history by topping the UPSC Civil Services Examination in 2014, becoming the first differently-abled woman to achieve All India Rank 1. Despite facing rejection due to scoliosis, she successfully challenged the system and cleared the exam four times. An alumna of NSIT and FMS Delhi, she previously worked at Cadbury and Coca-Cola before joining civil services and is known for her impactful administrative work and advocacy for inclusion.

Indian aviation faces unprecedented turbulence due to a perfect storm of factors. From pandemic fallout and engine failures to airspace closures and a Middle East war driving fuel prices sky-high, airlines are struggling. Passengers face rising fares and cancelled routes as the sector grapples with deep financial distress and operational chaos.

Navigating India's busy holiday travel season requires smart planning beyond just booking early. Travelers can mitigate chaos by securing travel insurance, choosing less crowded destinations, investing in reliable luggage, prioritizing direct flights, and utilizing smart booking tools. These proactive steps ensure a smoother, more enjoyable journey.

Domestic energy prices remain volatile, but you can switch to green alternatives to protect your household budget

Budget airline IndiGo has issued a travel advisory warning of potential flight disruptions between India and the Middle East due to the evolving security situation in the UAE and Iran. Passengers are urged to check their flight status regularly and stay informed via official channels as authorities heighten alert levels.

Gen Z is navigating a complex financial landscape, balancing early earning and investing with impulsive spending and trend-driven bets. While digitally savvy and embracing new tools, they often overlook essential safety nets like insurance. Experts urge a shift from quick gains to disciplined, long-term wealth building, splitting finances strategically for stability.

Investors from Tier-2 & -3 cities embrace stocks and mutual funds, but gaps in advisory may leave many vulnerable