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BusinessAjay Seth emphasized that cost efficiencies in insurance should benefit customers through better returns on life insurance savings products and improved claim ratios in general insurance. He stated that these efficiencies should lead to lower premiums, moderated premium increases, or enhanced returns on savings products, addressing the issue of rising insurance mis-selling.
Economic Times·2h ago
BusinessBank employees worked on Sunday ahead of a planned three-day strike. However, the strike scheduled for Monday was deferred following late-night discussions between the Indian Banks' Association (IBA) and the United Forum of Bank Unions (UFBU). This sudden change sparked a wave of memes on social media as users reacted to the unexpected development.
Mint·57m ago
EntertainmentThe 2019 superhero film Avengers: Endgame led the North American weekend box office with $26 million from its re-release, boosting its global total to $86 million. The film, starring Robert Downey Jr., Josh Brolin, and Scarlett Johansson, is the second-highest grossing film ever with $2.8 billion. The re-release builds anticipation for the December 18 debut of Avengers: Doomsday, featuring new post-credit scenes.
HT Entertainment·1h ago
SportsAt the Chess Olympiad in Samarkand, India secured the silver medal in the Open section and the bronze in the women's section. Uzbekistan won the Open title, while China claimed the women's championship despite missing some top players. The Indian men finished with 18 points, drawing their final match against Hungary. The women drew with Georgia on the last day. Key performances included Arjun Erigaisi's win over Peter Leko.
Hindu Sport·3h ago
ScienceCalifornia state officials have acquired 640 acres of desert land near Pioneertown to conserve the western Joshua tree. Researchers found the area suitable for the species despite climate change challenges. The California Department of Fish and Wildlife used funds from the Western Joshua Tree Conservation Fund for the purchase. Plans include collaboration with Native American tribes for long-term stewardship.
TOI World·51m ago·Pioneertown
BusinessArmani is open to selling a 15% stake in the company as per founder Giorgio Armani's will. CEO Giuseppe Marsocci mentioned the possibility of involving multiple investors in the sale. Meetings with potential buyers such as LVMH and L'Oreal are reportedly being planned. The company prioritizes adhering to the timeline set by Giorgio Armani.
Economic Times·1h ago
Economic Times·2h ago
Ajay Seth emphasized that cost efficiencies in insurance should benefit customers through better returns on life insurance savings products and improved claim ratios in general insurance. He stated that these efficiencies should lead to lower premiums, moderated premium increases, or enhanced returns on savings products, addressing the issue of rising insurance mis-selling.
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