Aathira Varier
- Indexed articles, last 90 days
- 16
- Latest publication
- Sep 28, 2026
- Outlet visibility, for Rediff
- Top 50K sites
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- Jul 8, 2026
Latest articles
LIC's top management thins as MD exits, other PSU insurers also face vacancies (opens the original)
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Life Insurance Corporation of India is grappling with a significant reduction in its top management as Managing Director Dinesh Pant moves to Irdai, exacerbating a broader issue of executive vacancies across public sector insurers and a headless Financial Services Institutions Bureau. As the Union government grants voluntary retirement of service (VRS) to Dinesh Pant, managing director (MD) of Life Insurance Corporation of India (LIC), the number of serving MDs in the company has fallen to two.
Private Capex Projected to Reach Rs 3.2 Trillion in FY27 Amidst Global Uncertainty (opens the original)
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India's private sector capital expenditure is set to surge to an estimated ₹3.2 trillion by the financial year 2026-27, driven by strong corporate balance sheets and infrastructure investments, despite prevailing global uncertainties, according to a recent RBI bulletin. Amid the uncertain global environment, the private sector's capital expenditure is likely to remain robust in the current financial year (FY27). It is projected at Rs 3.2 trillion in FY27 compared to Rs 2.6 trillion in the previo
NRI Deposits See Massive 678% Jump to $36.24 Billion in April-July FY27 (opens the original)
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Non-resident Indian deposit schemes have experienced an extraordinary 678.2 per cent surge, reaching $36.24 billion in the April-July period of FY27, largely propelled by robust FCNR(B) deposit flows and a strategic concessional swap facility introduced by the Reserve Bank of India. The flow of money from overseas Indians into non-resident Indian (NRI) deposit schemes rose 678.2 per cent to $36.24 billion in the April-July period of 2026-27 (FY27), from $4.66 billion during the same period in FY
Irdai proposes phased reduction in insurer expense limits, new commission framework (opens the original)
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The Insurance Regulatory and Development Authority of India has unveiled comprehensive proposals to significantly reduce insurers' expenses of management and overhaul commission structures, aiming to make insurance more affordable and transparent for policyholders while curbing mis-selling practices. The Insurance Regulatory and Development Authority of India (Irdai) on Wednesday proposed a phased reduction in the expenses of management (EoM) limits for insurers. According to the proposal, life
India Inc's foreign funding intent surges to $7.7 billion in July (opens the original)
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Indian companies, including non-banking financial companies, demonstrated a robust intent to raise foreign funds, with proposals for external commercial borrowings and foreign currency convertible bonds reaching $7.696 billion in July 2026. Indian companies, including non-banking financial companies (NBFCs), filed proposals with the Reserve Bank of India (RBI) to raise $7.696 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in July 2026, up fro
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