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MUMBAI: The CEO of Niva Bupa Health Insurance said it is the cross-subsidisation of loss-making corporate group policies by retail health insurance, rather than high acquisition costs, that is weighing on retail insurance penetration.Krishnan Ramachandran, MD & CEO, Niva Bupa said insurers need to step up investments to expand retail health insurance and increase its…
Budget 2026 expectations: Top stocks to watch out for (AI image) By Siddhartha KhemkaAs India approaches the FY27 Union Budget, expectations are centred on striking a fine balance between fiscal consolidation and sustaining economic growth. This budget is likely to be less about short-term giveaways and more about long-term opportunities emerging from higher capital expenditure…
NEW DELHI: Realty major DLF and GIC joint venture DCCDL’s rental income rose 18 per cent to Rs 1,412 crore in the December quarter amid strong demand for premium office and retail spaces. DLF Cyber City Developers Ltd (DCCDL) rental income stood at Rs 1,193 crore in the year-ago period, according to DLF’s latest investors…
US retail sales rose a better-than-expected 0.6% in November as holiday shopping gathered momentum, following a revised 0.1% decline in October, according to data released by the Commerce Department. The report was delayed by more than a month due to the 43-day federal government shutdown, AP reported.Retail sales had edged up 0.1% in September, after…
NEW DELHI: Retail inflation inched up to a three-month high in Dec, led by narrowing deflation in some food prices and fading favourable base effect, but remained below the Reserve Bank of India’s (RBI) tolerance level for the fourth month in a row.Data released by the National Statistics Office (NSO) on Monday showed retail inflation,…
The initial public offering of Bharat Coking Coal Ltd (BCCL), a Coal India subsidiary, was subscribed 33.6 times on the second day of bidding on Monday, reflecting strong demand from non-institutional and retail investors, exchange data showed.The Rs 1,071-crore issue received bids for 11,65,79,29,200 shares against 34,69,46,500 shares on offer, according to data available with…
Mark Mobius, a veteran emerging markets investor, has a bullish outlook for India, expecting double digit returns. The trader has allocated almost 30% of his portfolio to the country, predicting gains of 12%-15%. Speaking in an interview with ET, Mobius said that uncertainty in the United States has made caution essential for investors. “The outlook…
India’s retail inflation likely edged higher in December 2025 to 1.66 per cent from 0.71 per cent in November, driven by a strengthening in food prices across most segments, according to projections by Union Bank of India.The official Consumer Price Index (CPI) data for December is scheduled to be released on January 12, 2026, or…
SS Retail files papers for Rs 500 crore IPO NEW DELHI: Mobile retail company SS Retail has filed preliminary papers with capital markets regulator Sebi to raise Rs 500 crore through its initial public offering (IPO). The company’s maiden public offering will be a combination of fresh issue of shares worth Rs 300 crore, along…
The National Highways Authority of India (NHAI) has received regulatory approval from the Securities and Exchange Board of India (Sebi) to register Raajmarg Infra Investment Trust (RIIT) as a Public Infrastructure Investment Trust (InvIT), paving the way for wider public participation in national highway assets. In a statement issued on Wednesday, NHAI said the Public…
