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BusinessHDFC Bank and IndusInd Bank shares fell sharply following a new proposal by IRDAI that caps product-wise commissions for insurers. The NIFTY Bank index dropped over 1,130 points amid the financial sector selloff. PB Fintech shares rebounded 4% after a prior 36% crash. Analysts from Jefferies and others have commented on the market impact of the IRDAI move.
Upstox·22h ago
BusinessFrom September 1, Tasmac's 22,000 contract staff will receive a pay hike up to ₹33,000. The company will also enforce stricter actions against MRP violations, including suspensions and surprise checks to ensure compliance.
The Times Of India·13h ago
PoliticsUS President Donald Trump and Chinese leader Xi Jinping met at the White House to finalize extensions of their trade truce. They discussed artificial intelligence, regional conflicts, and bilateral relations, highlighting a positive tone in their diplomatic engagement and emphasizing a 'great friendship' between the two leaders.
Mathrubhumi English·13h ago·Washington
BusinessChinese President Xi Jinping emphasized that artificial intelligence must remain under human control and serve people's benefit during his White House speech. He stated that China’s doors are open to American companies for business and investment. Xi also expressed hope that Chinese companies would receive fair treatment in the United States.
Otv News·13h ago
PoliticsAt her Senate confirmation hearing, Bernie Sanders questioned Trump’s FDA nominee Heidi Overton on healthcare access, vaccine policies, and the FDA’s role. Sanders pressed Overton on issues including mifepristone and whether she would oppose President Trump on FDA decisions. The hearing featured a heated exchange over the future direction of the FDA under Trump’s agenda.
The Economic Times·13h ago
SportsThe Kabaddi Champions League (KCL) will hold player trials on September 27 at the Rajiv Gandhi Sports Complex in Rohtak. These trials offer kabaddi players a chance to showcase their skills and secure a spot in the upcoming league season. Registrations for the trials are currently open, as announced in a press release.
Latestly·13h ago·Rohtak
Upstox·22h ago
HDFC Bank and IndusInd Bank shares fell sharply following a new proposal by IRDAI that caps product-wise commissions for insurers. The NIFTY Bank index dropped over 1,130 points amid the financial sector selloff. PB Fintech shares rebounded 4% after a prior 36% crash. Analysts from Jefferies and others have commented on the market impact of the IRDAI move.
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