TazaPulse

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irdai should fast track risk based capital framework gst on insurance needs rationalisation parliamentary panel

Commission caps may hit low-value life covers

If commissions drop to the extent that distribution is not viable, industry officials say that sale of credit protection covers may drop. MUMBAI: The insurance regulator Irdai is considering an effort-based commission framework linking distributor payouts to selling and servicing effort, but life insurers fear lower commissions for group and embedded products could shrink coverage...
global container squeeze delays indian exports as transhipment hubs choke

Exports grow at fastest pace in four years

Export of oil products soared 67.6% to $6.9 billion on the back of strong demand from several Asian countries NEW DELHI: India’s goods exports rose at its fastest pace in over four years, rising 19.5% to $44.2 billion in July, while imports were 17.4% higher at $76.2 billion, resulting in a trade deficit of $32...
court

SC tells UPSC to defer call on Odisha DGP pick

Complainant alleges bias, state says claim baseless NEW DELHI: The Supreme Court on Thursday asked Union Public Service Commission to defer the selection of a panel of three officers from which the Odisha govt was to choose the successor of present DGP Y B Khurania, who retires on Aug 16.Appearing for applicant Jayant Das, senior...
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Jim Cramer says Cisco’s post-earnings plunge is a buying opportunity. Here’s why

Key Points CNBC’s Jim Cramer said investors shouldn’t automatically sell a stock that falls on conservative earnings guidance, especially when management has a history of underpromising and overdelivering. He said Cisco’s post-earnings pullback is a buying opportunity, arguing conservative guidance masks strong demand across AI, security and data-center networking. CNBC’s Jim Cramer shared a strategy...
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