In a draft notification earlier this week, the Insurance Regulatory and Development Authority of India (IRDAI) set a 20% commission cap for general insurance companies, down from the 30% to 35% they could charge earlier. The regulator also allowed life insurers whose expenses were under 70% of the allowable limit to set their own commission rates across product segments.
Top 10 PSU performers in CY24. Here’s how much they have returned
As we are at the fag end of 2024, a look back at the performance of PSU stocks shows BSE PSU index delivering nearly 29%