The Indian insurance sector anticipates a subdued quarter ending in June. Life insurance growth slows due to regulations and a high base. General insurance feels the impact of weaker consumption. Axis Max Life is expected to lead APE growth. Health insurers face challenges from new rules and rising claims. ICICI Lombard’s premium income remains flat.
Dollar surges as US-Iran war pushes oil past $100 a barrel
The dollar surged to a three-month high against the euro as oil prices surpassed $100 a barrel, prompting investors to seek safety amid fears of