TazaPulse

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‘Rise in early exits from life policies points to misselling’

MUMBAI: RBI’s Financial Stability Report has flagged a rise in early exits from life insurance policies, with surrenders and withdrawals now exceeding maturity pay-outs, signalling policyholder dissatisfaction and the risk of mis-selling. The report also said that surging distribution costs raise the risk of acquisition-cost-driven mis-selling.The report said total benefits paid by life insurers rose...
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Dalal Street to track oil, earnings, global trends

NEW DELHI: Trading sentiment in the stock market this week will depend on crude oil prices, global trends and the start of corporate earnings season with IT bellwether TCS reporting its June-quarter financial results on July 9, analysts said.Besides, the advancement of the southwest monsoon and trading activity of foreign investors would also influence market...
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China’s Z.ai a challenger to OpenAI and Anthropic

NEW DELHI: Chinese artificial intelligence startup Z.ai is emerging as a fresh challenger to OpenAI and Anthropic after its latest flagship model GLM-5.2 gained traction among developers for delivering advanced coding and AI agent capabilities at a significantly lower cost.The Beijing-based company’s latest model has climbed developer rankings and drawn praise from prominent AI figures,...
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USTR probe action creates uncertainty for India, others

NEW DELHI: Fresh uncertainty awaits India and several other countries, with the US Trade Representative moving ahead with just one of the two probes against American trading partners, as the deadline for phasing out the 10% additional tariff approaches.From Tuesday to Thursday, USTR will hold public hearings on the probe related to forced labour which...
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CaratLane may go to West Asia Damas way

MUMBAI: Titan’s CaratLane may look to tap into Dubai’s Damas Jewellery to foray into West Asia, scrapping earlier plans to launch into the region on its own, a top company executive said even though the scourge of the war on the region might prolong the entry timeline.Titan has bought a majority 67% stake in Damas...
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