Business

The Life Insurance Corporation of India (LIC) is third in the world for insurance brands with a score of 88 out of 100 on the Brand Strength Index, according to Brand Finance Insurance 100 2025. PZU from Poland leads with a score of 94.4, followed by China Life Insurance at 93.5. Globally, LIC ranks 12th…

PepsiCo aims to double its revenue in India in five years, with India being a vital market for growth, according to CEO Jagrut Kotecha. In an interview with PTI, Kotecha emphasized India’s role in driving PepsiCo’s top line growth. India ranks in PepsiCo’s top three markets, yielding substantial global revenue. Kotecha noted despite India’s smaller…

Mastercard and Visa face scrutiny for enabling transactions on illicit gambling sites that defrauded UK customers, as reported by Investigate Europe. Despite commitments to curb such activities, the payment companies allowed their networks to facilitate transactions on unlicensed platforms. A recent investigation discovered Mastercard as a payment method on nine unauthorized websites catering to UK…

In February, there were over 225 crore Aadhaar authentication transactions and 43 crore e-KYC transactions, showing a 14% yearly increase, according to the government. E-KYC plays a vital role in enhancing customer experiences in banking and financial services, as well as in streamlining business operations in diverse sectors. The Ministry of Electronics & IT reported…

India’s inflation dropped from 5.22% to 4.31% in January, nearing the RBI’s 4% target after staying above 5% for four months. This could lead to rate cuts, as the repo rate stands at 6.25%, per a recent report. The market outlook hints at cautious investor sentiment, likely influenced by macroeconomic factors, sector-specific events, and global…

Top quick commerce platforms Blinkit and Zepto are raising commissions to boost revenue in fierce competition and enhance profitability. Zepto is incrementally increasing rates for users and brands, while Blinkit is using a variable commission model for sellers and brands. The rapid expansion of quick commerce firms has escalated cash burn, impacting investor confidence. This…

BMW Motorrad launched the 2025 C 400 GT maxi-scooter in India at ₹11.5 lakh, ₹25,000 more than its predecessor. The new model features a redesigned windscreen and lower seat height for better accessibility. Imported vehicles in India face high import duties, significantly raising the final price of the BMW C 400 GT. The 2025 BMW…

Bengaluru-based Swish, a 10-minute food delivery start-up, secured $14 million in Series A funding. The round was led by Hara Global from the UK, with participation from Accel. Notable angel investors like Gaurav Munjal, QED Innovation, and Sumer Juneja from Softbank also took part. After funding, Hara Global and Accel will own 13.33% and 27.24%…

The RBI plans to introduce stricter guidelines for gold loans to improve business ethics, enhance financial stability, and address recent audit findings. Proposed changes involve stricter borrower checks and detailed fund usage tracking. The RBI is urging banks and NBFCs to enhance borrower background checks and verify gold ownership when issuing loans to promote standard…

Key Indian IT firms, like TCS, Infosys, Wipro, HCLTech, and Accenture, have reduced bench sizes to safeguard profits and boost utilization rates during slower revenue growth. Having a bench means having idle employees ready for sudden client demands. Experts note that not only have bench sizes shrunk, but also the time employees spend on the…