MUMBAI: HDFC Ergo General Insurance has tightened costs in motor third-party cover, fearing claims inflation could sink the line without strict underwriting. It reset reserves in FY25-FY26 after spotting inflation outrunning assumptions.Speaking to TOI MD & CEO Parthanil Ghosh said claim dynamics had shifted.“We felt that the third-party rates vis-a-vis the commission that is being…
NEW DELHI: Insurance giant LIC is actively considering establishing a fintech arm either through strategic investment or organic way to cater to its growing digital needs, CEO & MD R Doraiswamy said. “Naturally, to meet the modernisation requirement and particularly to bring innovation, we are engaging both fintech and insurtech players and we are getting…
The US Department of the Treasury this week announced the launch of the Trump Accounts app on App Stores available across America. The Trump Accounts app will be the main interface for these accounts and is available on all major mobile app stores. “The Trump Administration is taking another step forward in expanding opportunity for…
Pranav Mer, Vice President of Commodity & Currency Research at JM Financial Services, said that the outlook for precious metals remains largely range-bound, with a possibility of further corrective movement in both gold and silver. According to him, investors will closely track progress in negotiations between Washington and Tehran. With the ceasefire and talks reportedly…
KOLKATA: In yet another setback for the Trinamool Congress (TMC) following its rout in the recent Bengal assembly elections, the board of Diamond Harbour municipality was dissolved on Sunday. This came after nine of the party’s councillors resigned, leading to the municipality going under administrative control.Diamond Harbour sub-divisional officer (SDO) Ayan Dattagupta has taken over…
Virat meets Vaibhav (Image: X) Royal Challengers Bengaluru successfully defended their IPL crown, winning back-to-back titles in style, with none other than Virat Kohli sealing the victory with a trademark six. As celebrations erupted, one of the most heartwarming moments of the night came when Kohli met 15-year-old sensation Vaibhav Sooryavanshi, the teenager who didn’t…
Oil prices rose more than 2% in early trading on Monday after Israel ordered additional troop deployments into southern Lebanon, escalating tensions with the Iran-backed Hezbollah group despite a ceasefire announced more than six weeks ago.US crude futures (WTI) climbed by 2.71% to $89.73 a barrel, while Brent crude futures gained 2.37% to $93.28 a…
IIT Roorkee releases JEE Advanced 2026 results JEE Advanced 2026 results: The Indian Institute of Technology, Roorkee has announced the results of the Joint Entrance Examination (JEE) Advanced 2026 along with the final answer key for both Paper 1 and Paper 2. Candidates who appeared for the examination can access their results and download the…
Top stocks to buy today (AI image) Stock market recommendations: Astra Microwave, and Shaily Engineering Plastics have been recommended by Motilal Oswal Wealth Management Research Desk as the top stocks to buy for the week starting June 1, 2026: Stock Name Rating CMP (Rs) Target (Rs) Upside (%) Astra Microwave Buy 1381 1580 14% Shaily…
The Australian government has launched legal action against American giant 3M over contamination from firefighting foam supplied by the company that contained PFAS, or “forever chemicals”, seeking more than 2 billion Australian dollars ($1.43 billion) in damages. The case which is the largest ever brought by Australia, the country has commenced legal action in the…