The move is part of new KMP performance evaluation rules, under which the regulator has made 50% of key performance indicators (KPIs) mandatory and far more prescriptive than earlier, according to industry executives. For the remaining 50% weightage in performance assessment, the nomination and remuneration committee or board may assign additional role-specific parameters aligned with the insurer’s business plan, with the metrics and evaluation criteria required to be clearly defined upfront in the remuneration policy.
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisions
Federal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite President Trump’s calls for rate cuts.
July 1, 2026