Ajay Seth has taken over as chairman of the IRDAI, filling a five-month vacancy. His appointment comes as the insurance sector faces challenges like slowing growth, health insurance disputes, and mis-selling concerns. Seth’s extensive experience in economic policy and regulatory reforms will be crucial as he addresses these issues and oversees upcoming reforms, including amendments to the Insurance Act.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid