India

India considers major reforms to 1938 Insurance Act

The bill amendments could potentially let insurers enter the banking industry.

India considers major reforms to 1938 Insurance Act

The bill amendments could potentially let insurers enter the banking industry.

India’s life insurance industry sees 20.2% YoY APE growth in June

CareEdge foresees medium-term outlook to remain positive.

SMBC closes $200m syndicated loan for India’s HUDCO

HUDCO will use the funds to expand its social housing platform.

India’s non-life sector could see 15% growth in the medium-term

This would be driven by India’s GDP and disposable income levels. 

52% of India’s health insurance policyholders indicate a premium increase

The industry’s premiums are expected to rise 10% to 15%.

Cyberattacks, data breaches top business risks in India: survey

Business interruption stands as the second-highest risk whilst talent retention challenges rank third.

India tops 2023 Global Retail Development Index

Saudi Arabia, China, Kazakhstan, Malaysia, and Indonesia also made it to the Top 10.

India's health insurance market to surpass US

The sector has the potential to grow 18% to 20% in the next two decades.

India’s commercial banks reports 17% higher net interest incomes

Banks also witnessed a 13.5% deposit growth for the quarter.

Non-bank and housing financers to see robust loan growth in 2024: Ind-Ra

Diversified large NBFCs might turn to public debentures.

Tata Communications triumphs at Asian Technology Excellence Awards with InterGlobe Project

Their collaboration with InterGlobe Enterprises yields remarkable results, showcasing their prowess in cloud technology and IT transformation.

Schneider Electric India reaps award at the Asian Technology Excellence Awards for MySchneider Electrician App

The App fosters a community of electricians to enhance efficiency and sustainability through innovative products.

World Bank provides $1.5b support for India’s energy transition

It will support the growth of renewable energy and green hydrogen development.

Azure Power names new CEO

He will assume the position on 10 July 2023.

India’s smart TV market climbs 28% in 2022 as consumers upgrade to bigger screens

“Made in India” smart TVs recorded the fastest growth last year.