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Generali Central Life Insurance loss widens to Rs 178 cr in FY26

Generali Central Life Insurance saw its loss widen to Rs 178 crore in FY26 due to strategic investments. Total income rose to Rs 3,577 crore. Individual first-year premiums doubled. Renewal premiums also increased. Gross Written Premium grew 16 per cent.…

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Oil Price Today (May 22): Crude oil snaps 3-day fall amid mixed signals on Iran war peace talks. What are experts saying?

Oil prices saw an increase on Friday. Investors are watching Iran peace talks closely. Conflicting reports are creating uncertainty. Concerns about oil supply persist. The Strait of Hormuz remains a critical point. Disruptions could impact global markets. Developing economies may…

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Venezuela third largest supplier of crude to India in May

This surge is due to Indian refiners, like Reliance Industries, buying more of Venezuela’s cost-effective, heavy crude. Overall imports are up, though still below pre-Iran war levels. Supplies from Saudi Arabia have decreased.

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Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: Report

The report elaborated three possible scenarios with different timelines on opening the Strait of Hormuz and the subsequent impact on oil and gas supply, prices, energy demand and the broader global economy.

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India’s realty boom may need Rs 50 lakh crore in fresh capital over next decade

India’s real estate sector requires Rs 50 lakh crore capital for growth over the next decade. Data centres, logistics, industrial real estate, and GCC-led office developments will attract significant long-term investment. Despite challenges, strong domestic demand and infrastructure investments will…

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India hiring tilts toward contracts as AI prompts workforce rethink, TeamLease says

Indian firms are shifting to contract and outsourced hiring. This change comes as companies reassess their workforce needs due to AI automation. Many organizations expect AI-related roles to dominate their future strategies. Demand for specialized tech talent, especially in cybersecurity…

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  • Think debt mutual fund gains are always taxed as short-term? Not if you bought them before this date

    Debt mutual funds invest in fixed-income securities, appealing to conservative savers. Profits from funds purchased after April 1, 2023, are always taxed as short-term capital gains. But the rules change if you bought the units before that date. Check details.

  • Bank holiday today, October 13: Are SBI, HDFC Bank, and other banks closed on Saturday?

    Banks in India are open today, October 13, 2026, as it is the first Saturday. Scheduled closures occur on certain Saturdays and Sundays, limiting in-branch access. 

  • DA hike 2027: Dearness Allowance may rise to 67% from January | How much more could employees get?

    The January 2027 Dearness Allowance (DA) rate is pending confirmation, influenced by upcoming CPI-IW readings. 

  • Cancellation OTPs, fake offers, and urgent pleas: How scammers are using tactics to defraud people and how to stay safe

    From fake promotional offers and cancellation OTPs to urgent calls from strangers, cyber fraudsters are finding new ways to trick even well-educated people. Here’s how scammers exploit fear, stress and urgency, and what you can do to protect yourself from financial fraud.

  • Buying new car? Your motor insurance dealer may earn up to 38% commission - what IRDAI's proposed fix means

    The IRDAI is scrutinising high commissions earned from mandatory motor insurance policies sold through dealers. Here's what the regulator's proposed fix means for dealers and buyers.

  • Equity mutual funds: September 2026 returns—how did large, mid, small and flexi-cap fare over 3, 5 and 10 years?

    September 2026 was a challenging month for equity mutual funds, with all four major categories seeing declines. But a look beyond the monthly numbers reveals a different picture, with notable differences in how large-, mid-, small-, and flexi-cap categories have performed over longer periods.

  • Switching to an electric vehicle: What you need to know about ev insurance

    EVs rely on expensive components such as high-voltage battery packs, electric motors and sophisticated electronic systems. Repairs involving these components may require trained technicians, specialised tools and dedicated facilities, potentially increasing the cost of a claim

  • All Saturdays declared bank holidays? PIB Fact Check debunks fake notification

    The clarification comes shortly after bank unions deferred a three-day nationwide strike that was scheduled to take place from September 28 to 30

  • Earning in dollars? New FEMA rules from October 1: How freelancers and YouTubers need to file EDF declaration with banks

    A new RBI rule from 1 October changes how service exporters receiving overseas payments must report their earnings. Freelancers, creators and other professionals may need to take an additional compliance step through their bank. Here’s what you need to know.

  • Fuel inflation explained: How changes in petrol, CNG, LPG and PNG prices could affect your household budget

    Fuel inflation can affect household budgets differently, depending on the fuel used for cooking and commuting. The latest Finance Ministry report shows how inflation in LPG, PNG, petrol, diesel, and CNG has changed over the last few months. Here’s what the numbers mean for your expenses.

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