Author: Aruna Kaim

The Indian non-life insurance industry recorded a 9% year-on-year growth in the 2025-2026 fiscal year (FY26), bringing the total gross direct premium income to ₹3.36 lakh crore. This marks an acceleration compared to the 6% growth (₹3.07 lakh crore) seen in FY25, largely driven by a surge in health insurance demand following strategic tax reforms. Key Drivers: The GST Catalyst A major turning point for the sector was the government’s decision to exempt individual health policies (including family floater and senior citizen plans) from GST, effective September 22, 2025. Standalone Health Insurers (SAHIs): Reported a robust 19% growth, reaching ₹45,866…

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Vedanta Group Chairman Anil Agarwal has issued a call for a massive scale-up in India’s iron ore production, warning that without a significant policy push and infrastructure investment, the country’s steel ambitions could be compromised by a heavy reliance on imports. The 300 MT Ambition India has set a target to reach a steel production capacity of 300 million tonnes (MT) per annum. Agarwal highlighted the massive resource requirements needed to fuel this growth: Resource Gap: Producing 300 MT of steel requires approximately 800 MT of iron ore. Import Risk: At current production trajectories, Agarwal cautioned that India might be…

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In a significant milestone for the Indian corporate sector, Reliance Retail has been ranked 7th among the world’s top 100 most valuable privately held, venture capital (VC)-backed companies. According to a study by the Venture Capital Initiative of the Stanford Graduate School of Business, Reliance Retail’s post-money valuation has crossed the $100 billion threshold. Global Standing and Key Rankings The research, which utilized data up to January 2026, highlights India’s growing influence in the global private equity and venture capital space. While the list is heavily dominated by American AI giants, India successfully placed three companies in the top 100:…

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Mumbai-based Sri Lotus Developers & Realty has announced its most ambitious project to date: the “Luxury Coastline Collection,” a portfolio of 11 ultra-luxury, sea-facing residential projects across the city’s most prestigious waterfronts. With a combined Gross Development Value (GDV) of ₹8,000 crore, the developer is betting heavily on the sustained appetite of High-Net-Worth Individuals (HNIs) and NRIs for exclusive, high-ticket real estate. Project Scope and Locations The collection focuses on prime coastal micro-markets where land is scarce and demand for “trophy” assets remains high. The 11 projects are all redevelopment or joint development ventures located in: Versova & Juhu Carter…

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Apple is reportedly ready to enter the foldable market this September, potentially launching the iPhone Fold alongside the iPhone 18 Pro and iPhone 18 Pro Max. This move marks a major strategic shift for the company as it looks to compete directly with Samsung’s high-end foldable lineup. Design and Display: A “Book-Style” Hybrid The iPhone Fold is expected to follow a “fold-out” form factor, effectively bridging the gap between a smartphone and an iPad mini. Internal Screen: Reports point to a 7.8-inch primary display when fully opened. External Screen: A smaller “cover” display will handle standard tasks like notifications and…

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Kisan e-Mitra is a voice-enabled, AI-powered chatbot developed by the Government of India to bridge the communication gap between rural farmers and complex agricultural schemes. By providing a digital assistant that understands local dialects and operates around the clock, the initiative seeks to ensure that no farmer is left behind due to language barriers or bureaucratic delays. Core Features & Functionality Multilingual Voice Support: Recognizing the diverse linguistic landscape of India, the chatbot is available in multiple regional languages, allowing farmers to interact using natural speech rather than complex text inputs. Real-Time Scheme Tracking: Farmers can instantly check their PM-KISAN…

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Google has quietly released a new AI-powered app called Google AI Edge Eloquent, marking a significant move into “Edge AI”—where processing happens entirely on your device rather than in the cloud. Designed primarily for productivity, the app converts speech to text in real-time and functions without an internet connection. Core Features & Capabilities Offline First: After an initial download of the Gemma-based speech recognition models, the app works entirely without Wi-Fi or data. Intelligent “Cleanup”: Unlike standard dictation, Eloquent automatically removes filler words like “um,” “ah,” and “uh,” as well as mid-sentence self-corrections. Text Transformation: Once transcribed, you can instantly…

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While the official launch is expected in September 2026, early leaks for the iPhone 18 Pro Max are already surfacing. Recent reports suggest that while Apple is pushing the boundaries of mobile photography, the focus for the 2026 flagship may be on technical refinement rather than a total design overhaul. The 200MP Camera Rumor: Fact or Friction? The most discussed leak involves a massive jump in sensor resolution. The Leak: Tipster Digital Chat Station on Weibo suggests Apple is testing a 200MP camera sensor with a 1/1.2-inch build. The Reality Check: Despite the testing, current reports indicate this sensor may…

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The Nifty IT index fell 1% in early trade today, primarily driven by concerns surrounding the preview of Anthropic’s new AI model, Mythos. While the tech world awaits TCS’s Q4 results later today, most major IT stocks—including Infosys, LTIMindtree, and Coforge—saw declines of up to 2%. What is Project Glasswing & Mythos? According to a report by Motilal Oswal, Mythos is being rolled out under a controlled program titled Project Glasswing. Unlike general-purpose AI, this model is specifically engineered for high-level cybersecurity and deep code understanding. Cybersecurity Focus: Mythos is designed to identify and fix vulnerabilities, reportedly outperforming human experts…

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The BSE share price is currently trading near its 52-week high of Rs 3,227, fueled by explosive growth in its derivatives segment. While the exchange has delivered a 1-year return of 15.24%, it currently maintains an elevated P/E ratio of 61.37, signaling high market expectations ahead of the Q4FY26 earnings release. 1. Explosive Growth in Derivatives Equity derivatives have become the primary revenue engine for the exchange. Revenue Impact: The segment alone generated Rs 784.2 crore in Q3. Volume Surge: Average daily premium turnover rose to Rs 19,459.1 crore, up from Rs 15,004.5 crore in the previous quarter. Strategic Shifts:…

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