Improving underwriting discipline among psu’s to benefit non-life sector: Moody’s – The Times of India

Improving underwriting discipline among psu’s to benefit non-life sector: Moody’s – The Times of India

MUMBAI: Moody’s Ratings said in a report that India’s insurance sector is likely to benefit from Govt moves to recapitalise and merge state-owned non-life insurers, as the measures aim to improve underwriting discipline, ease pricing pressures, and support long-term profitability amid strong economic growth and regulatory change.The report said large state-owned insurers have historically prioritised…

Read More
Indian banks set for stronger footing: Fitch flags regulatory reforms, reduced risks; growth opportunities remain robust – The Times of India

Indian banks set for stronger footing: Fitch flags regulatory reforms, reduced risks; growth opportunities remain robust – The Times of India

Indian banks are likely to benefit from enhanced regulatory oversight by the Reserve Bank of India (RBI) and a more robust supervisory toolkit, which should lower systemic risks and improve the sector’s operating environment, global rating agency Fitch said in a report.Fitch noted that these regulatory shifts, combined with strong economic growth prospects and reduced…

Read More
Defining moment: India overtakes Japan to become world’s fourth largest economy; enjoys ‘Goldilocks’ phase with high growth, low inflation – The Times of India

Defining moment: India overtakes Japan to become world’s fourth largest economy; enjoys ‘Goldilocks’ phase with high growth, low inflation – The Times of India

India has been the world’s fastest growing major economy for several years now. (AI image) In a major feat, India has moved past Japan to become the world’s fourth-largest economy in nominal GDP terms, according to the government’s year-end economic review. The economy is set to overtake Germany to become the third largest after the…

Read More
‘Double dose of support, double blast of happiness’: PM Modi hails GST overhaul – top quotes | India News – The Times of India

‘Double dose of support, double blast of happiness’: PM Modi hails GST overhaul – top quotes | India News – The Times of India

NEW DELHI: Prime Minister Narendra Modi on Thursday said that wide-ranging reforms approved by the GST Council will improve the lives of citizens as he hailed the overhaul of the tangled Goods and Services Tax regime.In an interaction with National Teacher awardees, Modi noted that five new gems (panch ratna) have been added to India’s…

Read More