Sebi has proposed simplifying nomination rules for demat accounts and mutual fund folios, making it the default option for new investors. This change aims to ease operational challenges, with investors now needing to explicitly opt out. Mandatory nominee information will be limited to name and relationship, with other details becoming optional.
Health insurers rise after US lifts 2027 Medicare Advantage payment rates
U.S. health insurer stocks surged after the government announced higher-than-expected Medicare Advantage payment rates for 2027, unlocking over $13 billion in additional payouts. The move