IRDAI, the insurance oversight body, is championing a revolutionary change by connecting CEO salaries to the happiness of customers, moving beyond traditional profit-centric models. This shift will likely introduce new guidelines governing executive pay and impose penalties on those who engage in misselling or deliver inadequate service.
Fuel prices surged again Tuesday, with petrol and diesel rising by approximately 90 paise per litre, marking the second increase in under a week. This follows a significant Rs 3 per litre hike last Friday. Despite global crude oil price jumps and ongoing Middle East tensions impacting import costs, officials assure adequate fuel reserves and
SEBI chairman Tuhin Kanta Pandey stated that Indian markets are resilient and can manage the volatility stemming from the West Asia crisis. He noted that domestic investors remain confident, with Odisha showing a higher SIP ratio than the national average. Pandey also highlighted SEBI’s work on AI trading guidelines and advocated for municipal bonds to
A jury in Oakland ruled Elon Musk waited too long to sue OpenAI and its leaders, a decision that significantly benefits the AI company and its founders. The jury found Musk’s lawsuit barred by the statute of limitations, a finding the judge indicated she agrees with. This ruling comes as OpenAI prepares for a potential
Earlier today petroleum ministry joint secretary Sujata Sharma said that India will continue importing Russian crude based on commercial practicality and its energy security requirements, regardless of whether US sanctions waivers are in place.
