MUMBAI: Insurers are expected to adopt more disciplined underwriting and pricing strategies as the Irdai transitions to Risk-Based Capital (RBC) norms, moving away from a ‘one-size-fits-all’ solvency model to align capital requirements with actual risk profiles. Simultaneously, the regulator has cleared the implementation of IFRS 17 (Ind AS 117), which fundamentally redefines the ‘topline’ by…
MUMBAI: With a gain of over Rs 32,000/kg in just four sessions, the unabated rally in silver continued on Friday and the white metal traded at over Rs 2.35 lakh/kg mark in the domestic market, a new all-time high level. The rally in gold also continued, though at a slower pace, with the price moving…
BENGALURU: Mid-cap IT firm Coforge has announced its plan to acquire AI firm Encora – whose estimated revenue is $600 million for 2026 – giving it a better presence in the hi-tech and healthcare verticals, besides deepening its footprint in North America. Coforge will acquire the business from Advent, Warburg Pincus and other minority shareholders…
Lucknow: CSIR Central Institute of Medicinal and Aromatic Plants (CIMAP), after receiving the prestigious Rashtriya Vigyan Puraskar 2025 for the aroma mission, is all geared up to work on Aroma 4.0 Mission. Phase four of the mission is set to begin in April this year.“In Aroma Mission 4.0, the focus is mainly on those crops…
MUMBAI: Insurance regulations to prevent mis-selling are set to tighten with the Insurance Regulatory and Development Authority of India (Irdai) set to frame stricter norms on commission disclosure and conflicts of interest, enabled by amendments cleared in the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025.The amendments give the regulator explicit powers to…
Lucknow: The Lucknow bench of Allahabad High Court has quashed the criminal proceedings against the international shooter Vartika Singh in connection with a case of allegedly preparing forged letters at the behest of a central cabinet minister.Passing the order, a bench of Justice Rajeev Singh observed: “There is no evidence of cheating against applicant Vatika…
Nandamuri Balakrishna’s ‘Akhanda 2: Thaandavam’ enjoyed a strong Christmas day, collecting approximately Rs 1.65 crore on its fourteenth day. The holiday surge pushed the film’s total earnings to around Rs 89.25 crore. The movie maintained a steady performance throughout its second week, with occupancy remaining decent on the festive occasion. Nandamuri Balakrishna’s ‘Akhanda 2: Thaandavam’…
Ayodhya: The second anniversary of Ram temple’s consecration ceremony will be celebrated on Dec 31.Ram temple consecration ceremony was performed on Jan 22, 2024, but the anniversary is determined according to the Hindu calendar. The first anniversary fell on Jan 11, 2025. Religious rituals for the second anniversary will begin on Dec 27, while the…
Lucknow: A man and his son were shot dead in Sitapur on Friday night, allegedly due to an old enmity.Chhote Khan alias Akhtar, 65, and his son Maisar Khan, 45, were rushed to the district hospital but doctors declared them dead on arrival.Police said the killings were the result of an old rivalry between Akhtar…
Bihar man arrested after wives allege dowry harassment (Pintu Barnwal, two wives) PATNA: Pintu Barnwal, a resident of Gopalganj district, Bihar, was arrested for allegedly marrying three women over a span of three years without divorcing his previous wives. The arrests came after complaints from his first and second wives, who accused him of domestic…
