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₹1 trillion in premiums, growing by 20.2%. Yet, 73% of India's population lacks health insurance. With medical inflation at 14%, promoting health insurance is critical.

Amartya Sen, commenting on the recent Lok Sabha election, said on Thursday that the results indicate India is not a 'Hindu Rashtra'. He criticised the practice of incarcerating people without trial, which he said has persisted from the British era and has become more prevalent under the BJP government compared to the Congress regime. Sen also addressed issues of wealth disparity, political openness, and secularism. Sen arrived in Kolkata from the US on Wednesday evening and shared his views with a Bengali news channel at the Netaji Subhas Chandra Bose International Airport. «That India is not a Hindu Rashtra only has been reflected in the election results,» Sen remarked.

Stock market today: India Cements shares have been on an uptrend for the last two straight sessions. After ending at ₹229.38 apiece on the NSE on Tuesday, the cement stock has been rising since Wednesday.

₹15,000-crore viability gap funding (VGF) plan for companies to shift to greener vessels for inland water transport over the next 10 years, said two persons aware of the development. “The concept of VGF and other incentives for turning Indian maritime segment green is under formulation and consideration," one of the people cited above said on condition of anonymity, adding that the Inland Waterway Development Council (IWDC) is working on finalizing the scheme for this green transition, which would be similar to the FAME scheme for promotion of green automobiles.

The Bank of Canada’s decision to begin cutting interest rates ahead of the United States Federal Reserve will ultimately lead to a “big tailwind” for the Canadian economy, Toronto-Dominion Bank economist James Orlando said.

cyber-attacks in recent times on the critical water infrastructure in the US has exposed its gaps in cyber security. These attacks carried out allegedly by Russia, China and Iran have added to the stress on the system as well as lowered the public confidence. It has been reported that the US National Security Advisor Jake Sullivan has also issued a note to all stake holders to take note and work towards stepping up security on various networks which are connected to the water infrastructure. There is an increasing tendency to use AI in carrying out various cyber-crimes.

coal-based power plants through the newest Advanced Ultra Supercritical (AUSC) technology. A proposal to offer about ₹6,000 crore viability gap funding (VGF) mooted by the heavy industries ministry is being evaluated by the finance ministry, people familiar with the development told ET. A ₹3,500 crore payment security mechanism for electric buses is also being considered, they said, adding that a final call would be taken closer to the budget.

Former Federal Reserve Bank of St. Louis President and CEO James Bullard looks ahead to the next rate decision, unpacks jobs data and reacts to Yellen's housing development.

Reliance Industries, India's largest company by market capitalisation, reclaimed the ₹3,000 mark in today's trading session after a 15-session gap, setting a new record high of ₹3,037.95 per share by gaining 4.50%.By the session's close, the stock settled at ₹3,028, reflecting a significant 4.12% increase, marking its third-largest intraday gain in CY24 thus far. The rally propelled the company's market capitalisation to reclaim the ₹20 lakh crore mark, reaching ₹20.48 lakh crore, with an addition of ₹81,203 crore today.Also Read: Raymond stock crosses ₹3,000 mark as gains extend for 4th straight dayThe stock lagged in the recent market rally, showing an 8.3% increase in the last 15 sessions as compared to the Nifty 50's 9% surge, and has risen by 5.85% in June so far, slightly underperforming the Nifty 50, which gained 5.94% over the same period.

India's space ambitions: Market forces are with us“While Australia has partnerships with multiple nations for space ventures, we are taking our engagement with India to the next level. The partnership will lead to Australian satellites being launched into orbit from Indian soil," Green said at the inaugural keynote at the Indian Space Congress 2024.The partnership will involve several stakeholders in India's private space economy including domestic space-engineering firm Ananth Technologies, which has supplied components and engineering services to Isro in many previous missions.Pawan Goenka, chairman of the Indian National Space Promotion and Authorisation Centre (In-Space), a government-affiliated space promotions agency, confirmed that the SSLV was being privatised and that the bidding process was still ongoing.

Siemens Ltd. traded at Rs 7621.35 on BSE at 12:58PM (IST) on Wednesday, up 0.78 per cent. The stock quoted a 52-week low price of Rs 3248.0 and a high of Rs 7910.0. Earlier in the day, the stock saw a gap down opening.

Bharat Electronics Ltd. fell 0.48 per cent to Rs 308.0 at 12:07PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 441,120 shares with a turnover of Rs 13.63 crore till 12:07PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 57.03, while the price-to-book value ratio stood at 9.02.

LTIMindtree Ltd. traded at Rs 5158.0 on BSE at 10:45AM (IST) on Wednesday, up 0.66 per cent from previous close. The stock quoted a 52-week low price of Rs 4518.35 and a high of Rs 6442.65.

Fewer Americans are buying life insurance than in the past, which suggests households may be at financial risk in the event of an unexpected death, experts said.

Millions of working Americans remain challenged by the cost of living in 2024, with many concerned about the long term impact on their finances.

Bitcoin mining firm Hut 8 said it will receive $150 million through convertible notes from Coatue Management, with plans to use the funding to build an artificial intelligence infrastructure platform.

GAIL (India) Ltd. traded at Rs 212.75 on BSE at 10:45AM (IST) on Tuesday, up 0.09 per cent from previous close. The stock quoted a 52-week low price of Rs 103.55 and a high of Rs 233.0.

₹25,000-27,500 crore in pumped-storage hydropower (PSH) dams over the next five odd years, with PSH capacity of 5 gigawatts as its initial goal. Having already invested heavily in wind and solar projects, Adani expects to move fast on this, aiming to scale up its PSH capacity to 25GW eventually. Players like Tata Power, JSW and the state-run NTPC also plan pump dams.

Zyod has raised $18 million in a mix of equity and debt funding. The funding was led by venture firm RTP Global, while the debt capital was raised from Stride Ventures, Trifecta Capital and Alteria Capital. The “majority” of the funding was in primary equity, cofounder Ankit Jaipuria told ET. Existing investors Lightspeed Venture also participated in the funding round.

Shoppers Stop aims to capitalise on mass premium opportunities, disrupting India's value fashion landscape, according to the latest annual report of the K Raheja Corp group firm. Shoppers Stop, which competes with similar value formats as Trent's Zudio and Landmark of Max Fashion, is leveraging real-time insights, enabling frequent product drops and assortment refinements to stay ahead, it added. «We are targeting 60 new stores in FY2024-25 backed by strategic investments in merchandising, store operations, and customer analytics capabilities,» the company said.

micro and small business units, marginal farmers and self-help group members still suffer from unavailability of institutional credit, while grassroot customers do not get comprehensive financial services, Reserve Bank of India said. «Deepening financial inclusion is not merely about increasing the number of bank accounts but about ensuring that every individual has access to a comprehensive range of financial services tailored to their needs. This includes savings, credit, insurance and investment products that can enhance their economic well-being,» the deputy governor said on June 19 at the Conference of Convenors of State Level Bankers’ Committees, held at College of Agricultural Banking in Pune. RBI shared a copy of his speech Monday.