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Axis Max Life starts FY27 on strong note as premium, profitability and key segments gain momentum

Axis Max Life starts FY27 on strong note as premium, profitability and key segments gain momentum

Axis Max Life Insurance Ltd began FY27 with broad-based growth, reporting a 17% year-on-year rise in Individual Adjusted First Year Premium to ₹1,810 crore in the first quarter. The insurer’s Value of New Business (VNB) jumped 33% to ₹446 crore, while New Business Margin improved 315 basis points to 23.2%. Total APE increased 15% to ₹1,922 crore and private market share improved 13 bps to 10.1%. Renewal premium rose 20% to ₹4,639 crore, lifting Gross Written Premium 19% to ₹7,607 crore. Individual new business sum assured grew 32%, while AUM crossed ₹2 lakh crore, reaching ₹2,02,621crore. Embedded Value increased 15%…
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Axis Bank Hikes FCNR(B) Rates as Banks Step Up Overseas Fund Mobilisation

Axis Bank Hikes FCNR(B) Rates as Banks Step Up Overseas Fund Mobilisation

Axis Bank, India’s third-largest private sector lender, has raised the interest rate on FCNR(B) deposits of more than $1 million to 6.40% for three- to five-year maturities, effective August 17, making it the highest rate offered by a large Indian bank. The move follows the Reserve Bank of India’s decision to shorten the concessional swap window for FCNR(B) deposits. Axis Bank had earlier offered 6.25% on deposits above $1 million, while the rate for deposits below $1 million now stands at 6.25%. In comparison, HDFC Bank and ICICI Bank continue to offer 6.25%, while State Bank of India offers 6%…
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From confidence to self-reliance, RCM puts women at the heart of its growth journey

From confidence to self-reliance, RCM puts women at the heart of its growth journey

For women associated with RCM Consumer Products Private Limited, the Special Women’s Academy 2026 was more than a two-day gathering—it was an opportunity to celebrate achievement, build confidence and explore new avenues for self-reliance. Held at RCM World, Bhilwara, on August 15-16 under the theme “Har Naari Samman Ki Adhikari”, the programme brought together women associate buyers and leaders from across India. The Independence Day celebrations began with a march-past and flag hoisting, followed by performances by school-going girls and cultural presentations reflecting the country’s diversity. A felicitation ceremony recognised women achievers, while Founder T.C. Chhabra and Managing Director Priyancka…
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Motorola launches moto g max with 7000mAh battery, Sony LYTIA camera at effective ₹26,999

Motorola launches moto g max with 7000mAh battery, Sony LYTIA camera at effective ₹26,999

Motorola has launched the moto g max in India, targeting consumers seeking a combination of premium design, camera capabilities, performance and long battery life. The smartphone is priced at ₹27,999 for the 6GB RAM + 128GB storage variant, with a ₹1,000 instant bank discount bringing the net effective price to ₹26,999. The moto g max features a Luxury Satin-inspired finish in PANTONE Stargazer, PANTONE Alaskan Blue and PANTONE Malaga. It sports a 6.72-inch Full HD+ display with a 120Hz refresh rate and up to 1,050 nits brightness. The device is powered by the Snapdragon® 6s Gen 4 processor, paired with…
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Kok Kok Kokoook’ Bags Secret Program Fellini Award At Lucania Film Festival In Italy

Kok Kok Kokoook’ Bags Secret Program Fellini Award At Lucania Film Festival In Italy

Assamese filmmaker Maharshi Tuhin Kashyap has been awarded the 'Secret Program Fellini' Award at the 27th Lucania Film Festival in Pisticci, Basilicata, Italy, for his film 'Kok Kok Kokoook'.The Fellini Award is presented in honour of celebrated filmmaker Federico Fellini as a tribute to his extraordinary contribution to world cinema and enduring influence on generations of filmmakers.The award was part of the festival’s Secret Program, curated by Iranian filmmaker Mohsen Makhmalbaf. Makhmalbaf curated Kok Kok Kokoook for the programme and presented Kashyap with the award.Kok Kok Kokoook is currently having its European premiere at the Lucania Film Festival. The film…
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Material recovery facility, vendor market inaugurated at yingkiong

Material recovery facility, vendor market inaugurated at yingkiong

Alo Libang, MLA and Advisor to the Chief Minister, inaugurated the Material Recovery Facility (MRF) at Yingkiong in Arunachal Pradesh under the Swachh Bharat Mission, in the presence of Talo Jerang, Deputy Commissioner, Upper Siang District. The facility will strengthen scientific waste management, promote waste segregation and recycling, and encourage greater citizen participation in keeping our towns clean and sustainable. On the occasion, the Vendor Market at Yingkiong was also inaugurated. Established under the Ministry of Housing and Urban Affairs, Government of Arunachal Pradesh, the market will provide local vendors and small entrepreneurs with an organised, accessible and dignified space…
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Ola Electric Expands Indigenous Battery Technology Beyond EVs

Ola Electric Expands Indigenous Battery Technology Beyond EVs

Ola Electric has unveiled an expanded Shakti energy storage portfolio aimed at enabling energy to be stored when available and deployed when needed, from powering homes during outages to supporting renewable energy at grid scale. Announced on India’s 80th Independence Day, the portfolio is built around indigenous lithium iron phosphate (LFP) battery technology and Ola Electric’s vertically integrated cell-to-system capabilities. Ola Shakti comprises three solutions designed for different applications: Shakti Gen2 for home energy storage, Shakti Rack for commercial and infrastructure requirements, and Mahashakti for industrial and utility-scale applications. Ola Electric Chairman and Managing Director Bhavish Aggarwal said the company’s…
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Gold Price Today: Gold Shines Above ₹1.55 Lakh as Silver Gains; Check 24K, 22K Gold Rat

Gold Price Today: Gold Shines Above ₹1.55 Lakh as Silver Gains; Check 24K, 22K Gold Rat

Gold prices continued their upward movement on Monday, with futures gaining ₹676 per 10 grams amid steady demand in the spot market. Silver also remained strong, rising nearly 1% in futures trade. On the MCX, the October gold contract rose 0.44% to ₹1,55,182 per 10 grams. The contract recorded a business turnover of 1,111 lots. According to analysts, fresh buying and position building by traders helped precious metals maintain their upward momentum. Gold also gained in overseas markets, with New York futures rising 0.40% to $4,394.01 per ounce. Meanwhile, MCX silver futures for September delivery climbed ₹2,270, or 0.96%, to…
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Joint Delegation Urges Peace, Dialogue and Coordinated Action Along Assam-Arunachal Border

Joint Delegation Urges Peace, Dialogue and Coordinated Action Along Assam-Arunachal Border

A joint delegation representing five organisations met Arunachal Pradesh Chief Minister Pema Khandu and sought a free, fair and time-bound investigation into the recent incident at Hime village, along with an immediate and permanent solution to the long-standing Assam-Arunachal Pradesh boundary issue. The delegation comprising the Adi Ba:ne Kebang Youth Wing (ABKYW), Adi Students' Union (AdiSU), Takam Mising Porin Kebang (TMPK), Galo Youth Organisation (GYO) and All Lower Siang District Students' Union (ALSDSU) submitted a joint resolution to the Chief Minister during the meeting. The resolution was adopted at a joint peace and harmony meeting held at Likabali in Lower…
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Turkish Airlines expands China network with new Chengdu service

Turkish Airlines expands China network with new Chengdu service

Turkish Airlines is expanding its presence in China with the launch of scheduled flights to Chengdu, the capital of Sichuan Province, from November 11, 2026. Chengdu will become the airline’s fourth mainland Chinese destination after Beijing, Shanghai and Guangzhou, strengthening its connectivity with one of the country’s major business and technology centres. The airline will operate three weekly Istanbul-Chengdu services using Boeing 787-9 Dreamliner aircraft, with 300 seats comprising 30 Business Class and 270 Economy Class seats. Flights from Istanbul will operate on Wednesdays, Fridays and Sundays, while return services will run on Mondays, Thursdays and Saturdays. Chengdu, home to…
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