The Reserve Bank of India’s latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain compliant, their buffers are shrinking. The general insurance segment faces a more serious challenge, with three public sector firms persistently falling below the minimum solvency requirement for over a year, posing a direct financial stability risk.
Ellenbarrie Industrial Gases shares rise 5% after securing Rs 481 crore order from BHEL
Ellenbarrie Industrial Gases shares rallied 5.10% after the company secured a Rs 481-crore contract from BHEL to build a 1,200 TPD cryogenic Air Separation Unit