The Indian insurance sector anticipates a subdued quarter ending in June. Life insurance growth slows due to regulations and a high base. General insurance feels the impact of weaker consumption. Axis Max Life is expected to lead APE growth. Health insurers face challenges from new rules and rising claims. ICICI Lombard’s premium income remains flat.
Rupee edges up to 95.11 against dollar on likely RBI intervention
On Tuesday, the Indian rupee experienced a slight strengthening to close at 95.11 against the dollar. This change occurred despite rising oil prices and foreign