MUMBAI: The life insurance industry recorded a 15.7% expansion in new business premiums during FY26, as the sector navigated a landscape defined by diverging growth strategies across individual and group segments. Total premiums across the industry climbed to Rs 4.6 lakh crore from close to Rs 4 lakh crore in FY25. This momentum highlights a…
Carmine Agnello, the mob boss John Gotti’s grandson, was sentenced to 15 months in prison for defrauding the U.S. government’s Covid relief funding system out of $1.1 million, proceeds which he used to invest in crypto, the Department of Justice said. In a statement released Monday, the U.S. Attorney’s Eastern District of New York office…
NEW DELHI: At a time when thousands of temples are managed through state-supervised Devaswom Boards, the Centre on Tuesday told the Supreme Court that it did not favour govt control over temples and clarified that it had already placed its interpretation of constitutional provisions that enable states to manage secular activities of religious institutions.During the…
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NEW DELHI: Justice B V Nagarathna, part of the CJI Surya Kant-led nine-judge Supreme Court bench hearing the core issue of ‘fundamental rights vs faith and belief’, on Tuesday observed that a person who doesn’t believe in a religion and its religious practices had no right to file petitions challenging their validity.As senior advocate V…
Core Scientific (CORZ) is preparing to raise $3.3 billion through a junk bond sale as it continues its transition toward artificial intelligence-focused data center operations. Demand for AI services has pushed data centers, power supply and advanced chips to their limits. To keep up, firms are tapping riskier parts of the debt market for funds…
