MUMBAI: The CEO of Niva Bupa Health Insurance said it is the cross-subsidisation of loss-making corporate group policies by retail health insurance, rather than high acquisition costs, that is weighing on retail insurance penetration.Krishnan Ramachandran, MD & CEO, Niva Bupa said insurers need to step up investments to expand retail health insurance and increase its…
Budget 2026 income tax expectations (AI image) By Surabhi MarwahThe Union Budget 2026 comes at an important moment, as taxpayers prepare for a major shift—the introduction of the Income-tax Act, 2025 (ITA 2025), effective April 1, 2026. This is one of the most significant updates in decades, and many individuals are hoping that the Budget…
A well-crafted budget has the potential to unlock new opportunities for growth and with careful planning and foresight, individuals can make the most of it. (AI image) By Jiju VidyadharanThe Union Budget 2026 provides the government an opportunity to accelerate India’s economic transformation in the wake of prolonged global uncertainties and higher tariffs imposed by…
NEW DELHI: As India prepares for the Union Budget for 2026–27, scheduled to be presented on February 1, it is worth noting that when the country’s budgetary journey began, in a vastly different India, still finding its feet after independence.India’s first Union Budget was presented on November 26, 1947, three months after the country attained…
The Economic Survey 2025-26 arrives with an unusual degree of calm. Inflation, it says, is likely to remain muted in the medium term. Growth prospects remain healthy, though revised. Banks are stable, balance sheets are stronger, and domestic demand continues to hold up even as the global economy grows more uncertain.That calm matters. It changes…
As finance minister Nirmala Sitharaman prepares to present the Union Budget for FY 2026-27 on February 1, the exercise also draws attention to how India’s most important economic document has evolved – from a colonial-era English text to a more accessible public instrument. Colonial origins of the Budget India’s first Union Budget was presented on…
With the Union Budget just days away, the manufacturing sector is being seen as one of the main reasons India has stayed economically resilient—even as many countries face slow growth.The Economic Survey 2025–26 has set an upbeat tone, projecting India’s GDP growth at 7.4 per cent for the current financial year. In simple terms, that…
Who is Kevin Warsh? The Man Poised to Lead the Federal Reserve Amidst Economic Uncertainty As the US approaches a potentially pivotal moment in global economic policy, former Federal Reserve Governor Kevin Warsh has emerged as the leading candidate to replace Jerome Powell as the next Federal Reserve Chair, a decision expected to be formally…
MUMBAI: Niva Bupa Health Insurance posted a profit after tax of Rs 76 crore in Q3 FY26, lifting its nine-month profit to Rs 208 crore, a rise of about 74% from a year earlier. The company said the improvement reflects progress towards sustainable profitability as scale benefits and cost controls strengthened.Gross written premium for the…
Section 498A of the Indian Penal Code was introduced to provide a strong remedy against the institutionalized social vice of dowry harassment. (AI imge) In a significant judgement delivered on 22.07.2025, the Supreme Court pointed out that though laws protecting women against cruelty and dowry harassment cannot be eliminated, misuse of the same has to…
