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Indian families often do not track the cumulative cost of medicines taken for chronic conditions despite recurring monthly expenses, according to data shared by affordable chronic medications platform PlatinumRx. The company said a household spending ₹5,000 a month on medicines for conditions such as diabetes or hypertension could spend about ₹60,000 annually. PlatinumRx said its model of sourcing the same salt compositions directly from GMP-certified manufacturers and eliminating distributor and stockist markups can reduce medicine costs by up to 60%, potentially bringing a ₹5,000 monthly bill down to around ₹2,000. “Most families don't realise how much a chronic condition costs…

ICICI Prudential Life Insurance reported a claim settlement ratio of 99.31% for the first quarter of FY2027, placing the company at the top among leading life insurers in India based on public disclosures through Form L-39 and L-40. The insurer settled individual death claims worth Rs.414.08 crore during the quarter. The company said its average value per claim stood at around Rs.15 lakh, which it described as the highest among leading life insurers for Q1-FY2027. Mr. Sarang Gokhale, Chief - Underwriting and Retail Claims, ICICI Prudential Life Insurance, said the company remained focused on making the claims process simple, seamless…

PhonePe has received in-principle approval from the UAE central bank for two licences covering retail payment services, card schemes and stored value facilities, marking a step toward the Indian fintech company's entry into the Gulf market. The Walmart-backed company said the approval followed initial regulatory due diligence, but it still requires final approval from the UAE central bank before beginning commercial operations. Once final clearance is secured, PhonePe said it plans to work with regional banks, licensed payment service providers and local technology vendors. Launched in 2016, PhonePe operates a digital payments platform that enables users to recharge, pay bills…

Turkish Airlines has been named “Best Airline in Europe” for the 11th time at the 2026 Skytrax World Airline Awards, strengthening its position in the global aviation market. The awards, regarded as the ‘Oscars’ of the aviation industry, were presented at a ceremony in London on September 18. The airline also secured the “World’s Best Business Class Onboard Catering” award for the 10th time and “Best Airline in Southern Europe” for the 13th time. With five additional awards across Economy and Business Class categories in Europe and Southern Europe, Turkish Airlines received a total of eight accolades at the ceremony.…

Himani Best Choice (HBC), the Rs 10,000-crore edible oil brand manufactured and marketed by Emami Agrotech Ltd, has unveiled a refreshed brand identity, packaging and marketing campaign as it targets brand revenues of Rs 15,000 crore over the next three to five years. The revamp features a new logo, contemporary colour palette, distinctive graphics and refreshed food imagery across its Soyabean, Palm, Sunflower and Kachchi Ghani Mustard Oil variants. The company said the new packs have also been standardised in line with Central Government guidelines across pouches, PET bottles, jars, tins and bulk containers. As part of its growth strategy,…