State-run Life Insurance Corporation of India (LIC) has committed Rs 600 crore for its digital transformation journey, Sunder Krishnan, chief risk officer said on Wednesday. The insurance giant is also aiming to become completely "paperless" in two years. "We have hired a large system integrator for more than Rs 400 crore, a consultant for digital transformation for Rs 100 crore, and Rs 100 crore for agency transformation.

'Here we are putting an end to all the masala and spice.'

The US Fed rate cut of 50 basis points is unlikely to have any significant impact on foreign inflows into India, Economic Affairs Secretary Ajay Seth said on Thursday. He said the US Federal Reserve has done what it assesses is good for the largest economy in the world, but the RBI will take a decision on interest rate cut keeping the Indian economy in mind. "It is a positive for the global economy, including the Indian economy. "It is a 50 basis points cut from a high level.

The news of Dixon Technologies (India)'s tie-up with HP in addition to its existing Lenovo and Acer partnerships has led to a 5 per cent stock uptick since the start of the week. Dixon can target roughly 60 per cent of India's addressable IT hardware market with these contracts. Dixon targets Rs 48,000 crore in revenue from IT hardware under the PLI scheme over the next six years.

India abstained in the United Nations General Assembly on a resolution that demanded Israel end its unlawful presence in the Occupied Palestinian Territory within 12 months, with Delhi underlining that it is a strong advocate of 'dialogue and diplomacy' and efforts should be made towards 'building bridges', 'not furthering divides'.

'How many jobs will be created when you complete your course?' 'How many people will compete with you?' 'What is the minimum and maximum salary you can expect?' 'Which are the companies that will offer you a job?' 'What skills do you have to develop?' 'How long will it sustain?'

Inter Milan escaped Etihad Stadium with a surprise 0-0 draw against Manchester City in the Champions League on Wednesday.

EY said it would continue to improve and provide a healthy workplace in its offices throughout the country.

Dar also said Pakistan views Russia as an important player in the West, South and Central Asia, and strengthening mutually beneficial cooperation with Russia remains an important priority for Pakistan's foreign policy.

Over the 12-day festival period, Rs 818.21 crore worth of liquor was sold, surpassing last year's figures of Rs 809.25 crore during the same period, according to officials here on Wednesday.

A chunk of athletes, including Asian Games medallist Kiran and badminton player Krishna Prasad Garaga have been suspended by NADA

The Reserve Bank is unlikely to ease the benchmark policy rate during 2024 given the uncertainty over food inflation, State Bank of India (SBI) chairman C S Setty has said. The US Federal Reserve's first cut in interest rates in more than four years is expected soon, triggering central banks in other economies to follow suit. "On the rate front, a lot of central banks are taking independent calls.

The Rs 84,000 crore domestic fund of funds (FoFs) space, which was in the doldrums over the past 18 months, has now caught the attention of investors due to a change in the tax structure in Budget 2024. The broader category, which includes offerings across equity, debt and commodities, has seen a spike in the inflows over the past two months. FoFs typically deploy the pooled capital in one or multiple MF schemes rather than investing directly into equities, debt or commodities.

India experienced its second-hottest quarter from June to August this year since 1970, with over one-third of the country's population enduring at least seven days of dangerous heat, according to a new report by a United States-based group of climate scientists and communicators.

A number of non-banking financial companies (NBFCs) have tapped into the debt capital market ahead of the festival season to meet increasing credit demand as bank funding slows. On Tuesday, Aptus Value Housing Finance secured Rs 300 crore at an interest rate of 8.75 per cent through bonds maturing in five years. ICICI Home Finance Company turned to the market to raise Rs 275 crore at 7.94 per cent, alongside another Rs 300 crore at 7.95 per cent, through bonds maturing in five and three years, respectively.

A court in Chandigarh has issued notices to Kangana on a complaint accusing them of maligning the image of Sikhs in her upcoming movie Emergency.

The Congress on Wednesday filed a police complaint over the recent statements of leaders belonging to the ruling National Democratic Alliance (NDA) targeting Rahul Gandhi.

IPOs inherently carry more risks than stocks that have been listed on the exchanges for some time.

The Delhi battlefield may not be a cakewalk for the Rhodes Scholar.

From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.

Gold imports more than doubled in August to a record high of $10.06 billion, mainly on account of a drastic cut in customs duty and ongoing festive demand, according to the Commerce Ministry data. Gold imports stood at $4.93 billion in August 2023. On record high imports, Commerce Secretary Sunil Barthwal said that the tariff rates on gold have been reduced drastically so that smuggling and other activities can come down.

The All India Tennis Association (AITA) on Tuesday suggested that the country's top player Sumit Nagal perhaps deliberately missed the Davis Cup tie against Sweden last week

A suspected case of mpox infection has been reported from Malappuram district of Kerala after a man who recently returned from Dubai showed symptoms of the disease.

India's exports registered a steepest decline in 13-month falling 9.3 per cent in August to $34.71 billion due to global economic uncertainties, while the trade deficit soared to a 10-month of $29.65 billion. According to the government data released on Tuesday, imports increased by 3.3 per cent to $64.36 billion, which is a record high, due to a significant jump in the inbound shipments of gold and silver.

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

The winners of the tournament will receive $2.34 million, more than double the $1 million awarded to Australia for winning the previous edition of the tournament in 2023.

As Thalapathy Vijay embarks on a career in politics, Arjun Menon looks closer at his glorious filmography.

State-owned Life Insurance Corporation (LIC) announced on Monday that it had signed up tech giant Infosys to develop a next-generation digital platform that will act as the foundation for new high-value business applications, such as customer and sales super apps, portals, and digital branches. The financial terms of the deal remain undisclosed. The tie-up with Infosys is part of LIC's "long-drawn" strategy, said a senior executive of India's biggest insurer, who noted that the IT giant "won the bid to develop the next-generation platform through a request for proposal (RFP) process".

The Scottish capital of Glasgow is set to be announced as the host city of a "scaled down" Commonwealth Games in 2026, a year after Australian state Victoria pulled out due to ballooning costs, according to reports.

'The global median of whistle-blower complaints is 1.5 per cent of the total employees. India's reporting is far away from this average.'

'The lack of opportunities here remains the biggest worry.' 'We have seen investment summits, but if you look around, much of it is only on paper and not on the ground.'

Five wards in two panchayats of Malappuram district were declared as containment zones and directions have been issued not to gather in large numbers.

Reserve Bank of India (RBI) Governor Shaktikanta Das has said the decision on interest rate moderation will be based on long-term inflation trajectory and not monthly data. The Monetary Policy Committee (MPC) headed by the RBI Governor is scheduled to meet between October 7 and 9 and take call on interest rate. The RBI kept the repo rate unchanged at 6.5 per cent for the ninth time in a row amid risks from higher food inflation.

Ruling Bharatiya Janata Party's Sirsa candidate Rohtash Jangra on Monday said he has withdrawn his nomination and hinted that the party may back sitting MLA Gopal Kanda, who has been supporting the state government.

Could the Chennai Test against Bangladesh this week be Ravichandran Ashwin's last Test in front of his home fans?

Soon after the gunshots were heard at Trump International Golf Club in West Palm Beach, Florida, where Trump was golfing, the FBI said that it is "investigating what appears to be an attempted assassination of former President Trump".

Sri Lanka's Dunith Wellalage and Harshitha Samarawickrama were named as the ICC Players of the Month for August 2024.

The highest-ever goods and services tax (GST) evasion has been done by the online money gaming industry.

Ryan Wesley Routh, who authorities suspect was planning to attack the Republican presidential nominee as he played a round of golf, made these remarks to The New York Times.

The couple tied the knot at a 400-year-old temple in Wanaparthy, Telangana, and announced the news on social media.