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Insurance is becoming a silent backbone of India’s growth, shielding citizens from financial shocks and reinforcing freedoms beyond constitutional rights. By providing timely support and enabling faster recovery, insurance eases rising economic and climate-related risks. Stronger coverage for households, MSMEs, and gig workers is vital to building national resilience on the path to “Insurance for All by 2047.”
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Insurance is becoming a silent backbone of India’s growth, shielding citizens from financial shocks and reinforcing freedoms beyond constitutional rights. By providing timely support and enabling faster recovery, insurance eases rising economic and climate-related risks. Stronger coverage for households, MSMEs, and gig workers is vital to building national resilience on the path to “Insurance for All by 2047.”
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Muthoot Finance shares saw a significant drop despite a sharp rise in third-quarter earnings. The company reported nearly doubled net profit and a substantial increase in total income and assets under management. Analysts from Jefferies, CLSA, and Nuvama have maintained positive ratings, citing strong performance and growth prospects.
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Indian government bonds are poised for gains as a debt switch operation with the central bank eases redemption pressures and lowers gross borrowing needs. This move, ahead of significant maturities, aims to improve cash and debt management. Meanwhile, India’s retail inflation returned to the central bank’s target band.
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India’s massive software services sector faces a sharp downturn. AI advancements are causing significant market value losses for major IT firms. Investors are questioning the future of the traditional outsourcing model. The industry is undergoing a crucial valuation reset. The coming sessions will determine if the worst is over for these stocks.
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