Blog

ICICI Prudential Life posts 27.8% rise in Q1 profit, board approves proposed name change

ICICI Prudential Life posts 27.8% rise in Q1 profit, board approves proposed name change

ICICI Prudential Life Insurance reported a 27.8% year-on-year increase in Profit After Tax (PAT) to ₹386 crore for the quarter ended June 6, while its retail protection (term plan) business registered a robust 60.4% growth during the first quarter 202of FY2027. The company also announced that its board has approved a proposal to rename the insurer as ICICI Life Insurance Limited, subject to regulatory approvals. The insurer said it paid total customer benefits of ₹4,666 crore during the quarter, including ₹1,306 crore towards death claims and ₹3,360 crore as maturity and survival benefits. It also maintained an industry-leading claim settlement…
Read More
SBI General Insurance strengthens trust message with new motor insurance campaign

SBI General Insurance strengthens trust message with new motor insurance campaign

SBI General Insurance has launched a new motor insurance film featuring actor and brand ambassador PankajTripathi as part of its integrated brand campaign, 'ChuniyeBharosa, ApnoSa', reinforcing the importance of choosing a trusted insurance partner for vehicle protection. The latest campaign highlights the company's focus on building customer confidence by encouraging vehicle owners to look beyond policies and select insurers that offer dependable support throughout the ownership journey. The film will be promoted across television, print, outdoor, OTT and digital platforms to reach a wider audience. Speaking on the campaign, SBI General Insurance Managing Director and CEO Naveen Chandra Jha said…
Read More
Leaked Notepad Note Signals Potential $10 Billion U.S. Intervention to Prop Up Weakened Japanese Yen

Leaked Notepad Note Signals Potential $10 Billion U.S. Intervention to Prop Up Weakened Japanese Yen

A Reuters photograph captured during a cabinet meeting at Camp David on July 31, 2026, revealed a handwritten note on U.S. Treasury Secretary Scott Bessent’s pad that read "To Do: Buy Japanese Yen (JPY) $5-10 bil," sparking widespread speculation that Washington is preparing its first major direct intervention in foreign exchange markets to support Japan's currency in over a decade. The scribbled note, clearly visible directly below Bessent's conference name card, coincides with market reports that the U.S. Treasury placed major commercial banks on alert for potential market action and that the Federal Reserve Bank of New York executed yen…
Read More
Recovery Begins as Assam Floodwaters Recede

Recovery Begins as Assam Floodwaters Recede

As floodwaters continue to recede across several parts of Assam, thousands of families are beginning the difficult process of rebuilding their lives after weeks of devastation. Although the immediate flood situation has improved, the damage left behind in many villages has exposed the enormous challenges that lie ahead for affected residents. One of the worst-hit areas is Bihubor Nepali Khuti village in Sivasagar district, where flood-affected families are struggling to recover from what many describe as one of the most severe floods they have ever experienced. With the water gradually draining away, residents have returned to find their homes filled…
Read More
TVS Motor expands Raider Super Squad range with Doctor Doom-inspired edition

TVS Motor expands Raider Super Squad range with Doctor Doom-inspired edition

TVS Motor Company has expanded its TVS Raider Super Squad Edition portfolio with the launch of a new Marvel Doctor Doom-inspired variant, introducing a Spectral Green colourway aimed at strengthening the motorcycle's appeal among young riders. The new edition was unveiled through a post-credit reveal following screenings of *Spider-Man: Brand New Day* in select theatres across India, drawing inspiration from Marvel's iconic post-credit tradition. The latest Super Squad Edition features a distinctive multi-tone travel finish that transitions from green to brown, reflecting the character's commanding persona. The motorcycle retains the performance package of the Raider 125, including its three-valve engine,…
Read More
Bar Maestro contest puts Kolkata’s cocktail talent on national stage

Bar Maestro contest puts Kolkata’s cocktail talent on national stage

ABD Maestro Pvt. Ltd., the luxury and super-premium spirits business of Allied Blenders & Distillers Limited (ABD), has advanced its nationwide bartending competition, Bar Maestro, to the second round after receiving more than 350 entries from seven cities. Organised in partnership with the Tulleeho Beverage Academy, the competition has shortlisted 160 bartenders whose creations will now compete for a place in the national finals. The inaugural round also generated significant online engagement, attracting over 7.6 million Instagram views. The opening challenge required participants to create an original highball cocktail using WOODBURNS Contemporary Indian Whisky, with entries judged on creativity, technical…
Read More
Text message scams under spotlight as NPCI urges users to strengthen digital payment safety

Text message scams under spotlight as NPCI urges users to strengthen digital payment safety

The National Payments Corporation of India (NPCI) has launched a public awareness initiative urging citizens to stay vigilant against text message scams, warning that fraudsters are increasingly exploiting trust, fear and urgency to target users of digital payment platforms. As India advances towards a digital-first economy, NPCI said awareness remains one of the strongest safeguards against financial fraud. According to NPCI, fraudulent SMS messages are designed to trick users into compromising their money, personal information or digital accounts by impersonating banks, government agencies, telecom operators, delivery companies or other trusted organisations. Scammers commonly attempt to persuade users to click fake…
Read More
Andhra Pradesh Gets Its Third International Airport at Bhogapuram

Andhra Pradesh Gets Its Third International Airport at Bhogapuram

PM Narendra Modi inaugurated the Alluri Sitarama Raju International Airport in Bhogapuram, Andhra Pradesh, with an investment of Rs 5,000 crore. With a capacity for six million annual passengers and potential expansion to 40 million, the airport aims to boost growth in North Andhra. It features advanced technologies like AI and biometric systems, reflecting the region's cultural heritage. Additionally, Modi announced Rs 18,000 crore in projects within the semiconductor and power transmission sectors during his visit. He will lay the foundation stone for the Rs 460 crore ASIP Semiconductor Project in Visakhapatnam, Andhra Pradesh, the state's first semiconductor manufacturing facility…
Read More
PNB MetLife expands Northeast footprint with new Shillong branch

PNB MetLife expands Northeast footprint with new Shillong branch

PNB MetLife India Insurance Company Limited has expanded its presence in the Northeast with the opening of a new branch in Shillong, aiming to improve access to life insurance products and customer services in Meghalaya. The insurer said the new branch is part of its strategy to strengthen its physical presence and make insurance services more accessible by offering policy support and financial advisory closer to customers.With the latest addition, PNB MetLife now operates 185 offices across India. The company said the expansion is intended to enhance customer engagement while providing easier access to protection and savings solutions through a…
Read More
Sprite launches ‘Spicy Laga. Sprite Utha.’ campaign featuring Sharvari and Sunil Grover

Sprite launches ‘Spicy Laga. Sprite Utha.’ campaign featuring Sharvari and Sunil Grover

Coca-Cola India's lemon and lime beverage brand Sprite has launched a new nationwide campaign, 'Spicy Laga. Sprite Utha.', positioning the drink as a companion for consumers who enjoy spicy food. The campaign features actor and Sprite brand ambassador Sharvari alongside comedian Sunil Grover and is built around the consumer habit of reaching for a chilled Sprite after eating spicy dishes. The campaign film, available in multiple regional languages including Hindi and Bengali, is set in a restaurant where Sunil Grover serves increasingly spicy dishes through his comic characters, while Sharvari responds by reaching for a chilled Sprite. According to the…
Read More