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The TReDS platform will bring participants together for facilitating uploading, accepting, discounting, and settlement of the invoices/bills of sellers, according to draft directions for 'Trade Receivables Discounting System', on which the central bank has invited comments by May 1. The Reserve Bank on Wednesday proposed to drop the due diligence requirement for MSMEs to onboard TReDS platforms to promote ease of doing business for micro, small and medium enterprises. Trade Receivables Discoun ...Read More >
New Delhi [India], April 9 (ANI): India's Basmati rice export sector has remained resilient despite tensions in the West Asia region, with exporters saying the impact of the conflict has been far less severe than initially feared due to alternative supply routes and timely policy support from the government. According to Dev Garg, Vice President of the Indian Rice Exporters Federation (IREF), the sector faced initial disruptions after the conflict began, but has since stabilised and is currentl ...Read More >
Lucknow, Expressing deep concern over the damage caused to rabi crops due to unseasonal rains, hailstorms, and incidents of fire in some areas, Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday directed officials to ensure immediate compensation for farmers. Chairing a high-level review meeting in the morning, the chief minister said, "It is natural for farmers to feel worried in such adverse circumstances, and the state government stands firmly with them with full commitment," accordin ...Read More >
India - UP CM Adityanath orders immediate relief for crop losses; highlights surge in agriculture growth rate Expressing deep concern over the damage caused to rabi crops due to unseasonal rains, hailstorms, and incidents of fire in parts of Uttar Pradesh, Chief Minister Yogi Adityanath on Wednesday directed officials to ensure immediate compensation for affected farmers, while also highlighting the state's improved agricultural growth rate over the past nine years. Chairing a high-level revie ...Read More >
Mumbai, Apr 9 (PTI) Country's largest IT services company TCS on Thursday reported a 12.22 per cent jump in its March quarter net profit at Rs 13,718 crore. The Tata Group company reported a net profit of Rs 12,224 crore in the January-March period last year and Rs 10,657 crore in the preceding December quarter. For fiscal year 2025-26, TCS' PAT inched up 1.35 per cent to Rs 49,210 crore, as against Rs 48,553 crore in FY25. From a headcount perspective, the company added 2,356 jobs in Q4 to t ...Read More >
MUMBAI: Tata Consultancy Services Limited has signalled its confidence in the digital future by recommending a final dividend of Rs 31 per share. The payout, which remains subject to shareholder approval at the upcoming annual general meeting, caps off a year of significant activity for the global IT services leader. The company reported a consolidated revenue from operations of Rs 267,021 crore for the year ended 31 March 2026, representing a steady increase from the Rs 255,324 crore recorded ...Read More >
New Delhi [India], April 9 (ANI): India's Basmati rice export sector has remained resilient despite tensions in the West Asia region, with exporters saying the impact of the conflict has been far less severe than initially feared due to alternative supply routes and timely policy support from the government. According to Dev Garg, Vice President of the Indian Rice Exporters Federation (IREF), the sector faced initial disruptions after the conflict began, but has since stabilised and is currentl ...Read More >
CHENNAI, India, April 8, 2026 /PRNewswire/ -- Insillion, a provider of insurance technology for carriers and MGAs, has announced a strategic partnership with Profinch, a global BFSI technology leader and Oracle Insurance Policy Administration (OIPA) implementation partner. Together, they will deliver a solution that combines Insillion's insurance platform with Oracle's policy administration capabilities. This is orchestrated through Profinch's OIPA implementation and integration capabilities, e ...Read More >
Kochi, India - April 09, 2026: Gold loans in India have long been trusted for quick access to credit. The process, however, remains largely manual, time-bound and operationally intensive. Wizzmoni, a flagship brand of Wizz Financial, is now redefining that experience. Wizzmoni has introduced India's first fully Automated Gold Loan Machine, a breakthrough innovation that enables customers to complete the entire gold loan journey, from onboarding to disbursement, in real time. This is not just a ...Read More >
NEW DELHI: Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. Brent crude futures were up $1.96, or 2.07 percent, at $96.71 a barrel at 06:25 a.m. Saudi time, while US West Texas Intermediate crude rose $2.60, or 2.75 percent, to $97.01 a barrel. However, analysts said market participants are hesitant to fully unwind pricing for geopolitical risk, and there is no clar ...Read More >
Ludhiana, Apr 9 (PTI) The country's merchandise exports are expected to register a fall of 2-3 per cent in 2025-26 due to global economic uncertainties, aggravated by the West Asia crisis, according to FIEO. Federation of Indian Export Organisations (FIEO) President S C Ralhan said that the crisis may have led to a decline in shipments by 7-8 per cent in March. The joint attack launched by the US and Israel on Iran on February 28 severely disrupted the country's exports to West Asia, pushed up ...Read More >
NEW DELHI - Prime Minister Narendra Modi on Thursday unveiled a set of "six guarantees" for West Bengal, asserting that a BJP government would take firm action against illegal infiltration, implement the 7th Pay Commission, and ensure that no "TMC goon" or "gunda" is spared from the law.Addressing a public rally in Haldia, PM Modi expressed confidence in a political shift in the state, saying, "Bengal has decided to overcome every adverse situation this time. Change is going to happen across the ...Read More >
New Delhi, April 9, 2026: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has secured the top position in the Hansa Research Customer Experience Study (CuES) 2026, ranking #1 among Indian life insurers with a Net Promoter Score (NPS) of 61. Conducted by Hansa Research, a full-service global market research agency conducting research in over 100 countries, the study captures insights from over 3,500 customers across 12 life insu ...Read More >
CHENNAI, India, April 8, 2026 /PRNewswire/ -- Insillion, a provider of insurance technology for carriers and MGAs, has announced a strategic partnership with Profinch, a global BFSI technology leader and Oracle Insurance Policy Administration (OIPA) implementation partner. Together, they will deliver a solution that combines Insillion's insurance platform with Oracle's policy administration capabilities. This is orchestrated through Profinch's OIPA implementation and integration capabilities, e ...Read More >
Bengaluru: A 14-year-old girl from Kerala has gone missing during a family trek in the Chandradrona hill range in Karnataka. An intensive search operation is underway for over 24 hours. The girl, identified as Sri Nanda, a Class 10 student, was hiking with around 40 relatives when she disappeared on April 7. Teen goes missing during trek According to police, she was last seen around 5:30 pm as darkness began to set in. Family members initially searched for her but failed to locate her. A forma ...Read More >
NEW DELHI, April 9 : Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. Brent crude futures were up $1.96, or 2.07 per cent, at $96.71 a barrel at 0325 GMT, while U.S. West Texas Intermediate (WTI) crude rose $2.60, or 2.75 per cent, to $97.01 a barrel. Both benchmark prices fell below $100 per barrel in the previous trading session, with WTI recording its biggest dec ...Read More >
Pension fund regulator PFRDA has launched the second proof of concept (POC) of 'NPS Swasthya', an initiative aimed at integrating retirement planning with healthcare funding, PTI reported.The Pension Fund Regulatory and Development Authority (PFRDA) said the National Pension System (NPS) Swasthya is a multi-partner framework designed to provide financial and health security.Under the initiative, Medi Assist Healthcare Services will act as the core technology partner, CAMS KRA will handle onboard ...Read More >
Delhi Police have successfully shut down a fake call centre operating from Pitampura, arresting 19 individuals for their involvement in a sophisticated loan and insurance fraud targeting people across the country. Photograph: ANI PhotoKey PointsDelhi Police busted a fake call centre in Pitampura, arresting 19 people involved in a loan and insurance scam.The scammers posed as finance company representatives, luring victims with loan offers and insurance schemes.Victims were tricked into paying p ...Read More >
Kolkata, Apr 8 (PTI) West Bengal Chief Minister Mamata Banerjee has declared assets worth Rs 15.37 lakh in her affidavit for the 2026 Assembly polls from Bhabanipur, reflecting a marginal decline from Rs 16.72 lakh disclosed during the elections five years ago. Banerjee, also the Trinamool Congress supremo, also reported no liabilities and no criminal cases, the same as in 2021, according to the affidavit. It shows that the value of her total movable assets stands at Rs 15,37,509.71, down by a ...Read More >
Bengaluru, Apr 8 (PTI) Pension fund regulator PFRDA has launched the second "Proof of Concept (POC) of NPS Swasthya", an initiative intended to provide healthcare funding along with retirement planning. According to a statement, PFRDA said the National Pension System (NPS) Swasthya is a multi-partner initiative structured to provide comprehensive financial and health security. The Pension Fund Regulatory and Development Authority (PFRDA) serves as the regulatory authority. The Medi Assist Heal ...Read More >
Mumbai, April 8: The Motor Accident Claims Tribunal (MACT) in Mumbai has awarded compensation of Rs 23.98 lakh to a 39-year-old Kandivali resident, Gangadhar Shelke, who sustained serious injuries in a road accident in 2015, holding the car driver negligent. Tribunal order and compensation The MACT, presided over by Member Gauri Kawdikar, while deciding the claim petition, directed the car owner and insurer, Royal Sundaram Alliance Insurance Co Ltd, to jointly and severally pay the compensatio ...Read More >
New Delhi, Apr 8 (PTI) A Delhi Motor Accident Claims Tribunal (MACT) has awarded Rs 2.72 crore as compensation to a 19-year-old man left paralysed in a road accident in 2023. Presiding Officer Ruchika Singla was hearing a claim petition filed by the paralysed man, Khushwant Kapoor, against the driver of the offending vehicle, Harish Madan, its owner Mohan Lal Madan and its insurer. According to the prosecution, in the early hours of April 26, 2023, Kapoor was going home on his motorcycle, when ...Read More >
Mumbai: Life Insurance Corporation of India has announced a LIC Executive Director appointment, elevating two senior officials to key leadership roles at its Central Office. The appointments became effective on April 6, 2026. Smt. Lata Madampath has taken charge as Executive Director (Personnel), while Mr. Gourab Chand assumed the role of Executive Director (Chief Life Insurance Advisor). The LIC Executive Director appointment brings experienced leadership to critical functions. Lata Madampath ...Read More >
Bangalore: On the occasion of World Health Day, findings from Aditya Birla Sun Life Insurance's अ Nishchit Index 2.0 highlight a shift in how Indians view health, from an occasional medical concern to a continuous financial risk shaped by environmental change and everyday stress. Environmental and climate factors now rank as the second largest driver of national anxiety, contributing significantly to India's overall uncertainty score of 79. Health risks are no longer seen as distant or unpredic ...Read More >
New Delhi [India], April 8 (ANI): Eight out of ten Indians currently lack the financial safety nets required to manage sudden medical emergencies, even as climate change and environmental volatility emerge as primary drivers of national anxiety. According to the 'a Nishchit Index 2.0' by Aditya Birla Sun Life Insurance, India's national uncertainty score has reached 79, reflecting a deep-seated concern over the intersection of health and financial stability. The study, based on a survey of 3,58 ...Read More >
New Delhi [India], April 8 (ANI): Economists and industry leaders on Wednesday largely backed the Reserve Bank of India's decision to keep the repo rate unchanged at 5.25 per cent, saying the central bank's cautious approach is appropriate amid global uncertainties and rising energy prices. Experts said the move reflects a balancing act between controlling inflation and sustaining economic growth. Dipti Deshpande, Principal Economist at Crisil Ltd, said the RBI's decision to maintain the polic ...Read More >
New Delhi, Apr 8 (PTI) The announcement of a ceasefire, between the US and Iran, along with the reopening of the Strait of Hormuz, will provide immediate relief to exporters by easing shipping disruptions, FIEO said on Wednesday. US President Donald Trump announced a two-week suspension of military strikes against Iran. Iran agreed to allow safe navigation through the Strait of Hormuz during the ceasefire, triggering sweeping market moves across oil, equities and currencies. "The ceasefire an ...Read More >
New Delhi, April 8, 2026: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has secured the top position in the Hansa Research Customer Experience Study (CuES) 2026, ranking #1 among Indian life insurers with a Net Promoter Score (NPS) of 61. Conducted by Hansa Research, a full-service global market research agency conducting research in over 100 countries, the study captures insights from over 3,500 customers across 12 life insu ...Read More >
New Delhi, April 8 (UNI) The Reserve Bank of India (RBI) Governor, Sanjay Malhotra, announced on Wednesday that the Monetary Policy Committee (MPC) has unanimously decided to keep the repo rate unchanged at 5.25%. Speaking about GDP numbers, the Governor said, "As per the new GDP series comes into play, the real GDP growth for last year is estimated at 7.6%. In terms of quarterly GDP growth projection, the growth for Q1 is projected at 6.8%, Q2 at 6.7%, Q3 at 7% and Q4 at 7.2%." In terms of in ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said India's merchandise exports contracted by 0.2 per cent in the first two months of the year, while imports recorded a sharp growth of more than 22 per cent, largely driven by higher gold imports, resulting in a widening trade deficit. Speaking during the monetary policy announcement, the Governor highlighted that the decline in exports was due to a contraction in key global markets ...Read More >
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