Economists call on RBI for Dec rate cut amid record low inflation
Economists are urging the Reserve Bank of India to lower interest rates at its upcoming December meeting. They point to record low consumer inflation as a key reason. A rate cut is expected to stimulate economic growth in the coming months. This move is seen as beneficial without significantly affecting inflation levels.
Insurers asked to not give misleading ads on claim settlement
The Insurance Regulatory and Development Authority of India (Irdai) said it has observed “with serious concern” a surge in advertisements across media platforms that are “misleading, deceptive and not in compliance” with regulations. Claim-settlement ratios are being presented in a manner that suggests minimal rejections even though actual numbers in regulatory filings tell a different […]