Ajay Seth, a 1987-batch IAS officer, has been appointed as the chairman of IRDAI for a three-year term, succeeding Debasish Panda. With over three decades of experience, Seth’s primary focus will be on expanding insurance access and affordability in India. He assumes the role as the insurance sector faces challenges in raising penetration, currently at 3.7% of GDP.
One bitcoin bull cuts forecast by half as “cold breeze” blows
Standard Chartered has halved its bitcoin price forecasts for 2025 and 2026, citing weaker demand and a shift toward ETF-driven buying. Analyst Geoff Kendrick now