SBI General Insurance delivered a strong FY26 performance, crossing Rs 15,000 crore in gross direct premium for the first time with 14.5% growth. Profit after tax rose 8.7% to Rs 553 crore, supported by robust expansion across health, motor, personal accident and fire insurance, along with improved underwriting metrics.Read More
Silver prices plunged Rs 2,577 to Rs 2.38 lakh per kilogram in the national capital on Friday, tracking weak trends and subdued demand by investors.Read More
India faces severe economic challenges from the West Asia conflict. Disruptions affect oil, gas, and supply chains. Actual shortages are occurring, not just price hikes. Fertiliser shortages pose a future risk to agriculture and food inflation. India’s growth is projected at 6.5%, aided by reduced US tariffs. The nation’s focus on solar energy offers a buffer against such shocks.Read More
SBI Funds Management Ltd. is preparing to launch its initial public offering as early as next week, aiming to raise up to $1.5 billion. The Indian asset manager plans to allocate roughly three-quarters of the issue to domestic investors and is exploring a pre-IPO placement of up to $350 million.Read More
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