India’s motor insurance claims are rising in value as vehicle repair costs increase due to higher spare part prices, greater electronic content in cars, and more complex repair requirements, according to insurance experts. A spokesperson from SBI General Insurance, a general insurer, said the true cost of a car accident often becomes clear only after…
Indian retail investors have significantly increased their participation in equity markets over the past six years, but behavioural biases, risk misjudgement and reliance on unverified advice continue to impact investment outcomes, according to Arpit Jain, Joint Managing Director at Arihant Capital Markets. Jain said while more investors are entering the market, understanding of risk and…
India is witnessing a steady rise in the adoption of transactional risk insurance as dealmakers navigate larger and more complex mergers and acquisitions (M&A), according to a report by Marsh.’ The Marsh Transactional Risk Insurance 2025: Year in Review report said global M&A deal value rose nearly 37% year-on-year in 2025 to approach $5 trillion,…
India’s premium education market is projected to grow 3–4 times to $45–60 billion by 2040 from an estimated $16 billion in 2025, according to a report by investment banking and advisory firm Anand Rathi Advisors Limited. In its report titled “The Rise of Premium Education in India,” the firm said the sector is undergoing a…
Non-banking financial companies (NBFCs) continue to dominate lending to first-time borrowers in India, accounting for over 60% of total accounts, according to a CRIF High Mark report. The report, titled “Bridging The Gap: Unlocking Growth from New-to-Credit Borrowers,” highlights that NBFCs remain the primary channel for individuals entering the formal credit system, while banks have…
ICICI Bank has introduced biometric authentication for Unified Payments Interface (UPI) transactions on its mobile banking application, iMobile, allowing users to authorise payments of up to ₹5,000 using fingerprint or facial recognition instead of a UPI PIN. With this feature, users can approve peer-to-peer transfers, QR code-based merchant payments, and online transactions through device-level biometric…
Gold prices in India came under pressure on April 29, with futures on the Multi Commodity Exchange (MCX) slipping below the ₹1.50 lakh per 10 grams mark. Despite the decline, losses remained contained as markets stayed volatile. Silver, meanwhile, showed relative resilience, trading slightly higher near ₹2.43 lakh per kilogram on the MCX. The domestic…
Investment-led buying of gold in India outpaced jewellery consumption for the first time on record in the March quarter, reflecting a shift in investor preference amid muted equity returns, the World Gold Council (WGC) said on Wednesday (April 29). Rising purchases of bars, coins and exchange-traded funds helped offset a slowdown in jewellery demand, which…
Neo Alternative Asset Managers (NAAM) has achieved the first close of its Neo Infra Income Opportunities Fund II, raising ₹1,500 crore towards a target corpus of ₹5,000 crore. The fund is structured to invest in operational infrastructure assets that generate revenue, with a focus on roads and renewable energy. These assets are typically backed by…
The Reserve Bank of India has introduced a key change to credit card rules through the Reserve Bank of India (Commercial Banks – Credit Cards and Debit Cards: Issuance and Conduct) – Amendment Directions, 2026, refining how delayed payments are classified and penalised. The amendment modifies existing norms to bring consistency in reporting and charges…
