Life insurers’ new business premium up 33% in August

Life insurers displayed impressive growth in new business premiums for August, with an overall year-on-year increase of thirty-three percent. This surge was predominantly driven by the single-premium and group business sectors, although retail-weighted premiums grew at a more moderate rate. Experts in the industry predict a return to more typical growth patterns in the following…

Nifty slips below critical support level of 23,600 as market reacts to global economic uncertainties

Indian equity indices experienced a decline on Monday, with the Nifty 50 falling below 23,800. Rising Brent crude oil prices and investor preference for smaller stocks impacted large-cap performance. The market also faces pressure from increased IPOs and fund-raising activities. US bond yields are nearing their 2023 highs, causing investor discomfort. Mid and small-cap segments…

Delhi destroys over 2,800 kg of unsafe food ahead of festive season

Delhi’s Food Safety Department destroyed over 2,800 kg of unsafe food products. Inspections occurred in major markets, focusing on festive food ingredients. Unclaimed khoya, dhaap, and butter were found in unhygienic conditions and destroyed. Laboratory tests revealed non-conforming khoya and cream samples from Mori Gate. Authorities urge continued vigilance and strict action against unsafe food…