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Business

IRDAI Plans to Regulate Insurance Firms, Impacting Agent Commissions

The Insurance Regulatory and Development Authority of India (IRDAI) is preparing to tighten regulations on insurance companies, which will also affect agent commissions. The regulator is proposing to ban 'dark patterns' on insurance websites and change the way motor insurance is purchased, aiming to make it cheaper. These moves have caused insurance stocks like PB Fintech to drop significantly.

Hindustan·3h ago

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Business

PB Fintech Shares Fall 36% After IRDAI Proposes New Insurance Rules

PB Fintech shares plunged 36%, wiping out Rs 31,426 crore in market capitalization following the IRDAI's proposal for new insurance distribution rules. The regulator wants insurance prices to be visible upfront on insurer websites and suggests distributors be paid based on a persistency model. Turtlemint shares also fell 20% amid these reforms.

Upstox·2h ago

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Entertainment

Sunil Pal Criticizes Salman Khan, Calls Bigg Boss a 'Filthy Show'

Sunil Pal publicly criticized Salman Khan, urging him to stop hosting the TV show Bigg Boss, which he called a 'filthy' and 'disgraced' program. Pal also taunted Khan by saying his own Hanuman-themed show earned 500 crore rupees, while Khan's films fail to earn even 50 crore. The remarks sparked controversy and highlighted Pal's strong disapproval of the show and Khan's role in it.

AajTak·2h ago

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World

Nine Dead as Sleeper Bus Catches Fire in Greater Noida

A sleeper bus caught fire on the Yamuna Expressway near Greater Noida, killing at least nine people. Passengers reported the driver refused to stop despite the fire, allegedly saying he did not care if they died. The driver and conductor have been arrested for culpable homicide. Families of the victims are gathering at the Noida mortuary for identification.

NDTV·5h ago·Greater Noida

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Technology

Meta Launches Camera-Free AI Glasses, Teases Muse Charm

Meta has introduced new AI glasses without cameras to address privacy concerns. Alongside, it teased the upcoming Muse Charm, a standalone AI device expected later this year. These innovations aim to enhance user experience while prioritizing privacy, marking Meta's continued push into AI-powered wearable technology.

The Hindu·7h ago

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Business

Stock Market Crash Wipes Out ₹4 Lakh Crore; Sensex Falls 1248 Points

The stock market experienced a severe crash today, wiping out ₹4 lakh crore in value. The Sensex fell by 1248 points and the Nifty dropped by 384 points. The major reason cited is foreign investors withdrawing funds due to higher US bond yields. This caused widespread panic and significant losses for investors throughout the trading day.

AajTak·1h ago

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