Ajay Seth has taken over as chairman of the IRDAI, filling a five-month vacancy. His appointment comes as the insurance sector faces challenges like slowing growth, health insurance disputes, and mis-selling concerns. Seth’s extensive experience in economic policy and regulatory reforms will be crucial as he addresses these issues and oversees upcoming reforms, including amendments to the Insurance Act.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG