Business

The DFS Secretary is said to have acknowledged that bancassurance could play a critical role in deepening insurance penetration across the country. Source

Ajit Jain, Vice Chairman of Berkshire Hathaway, turned its reinsurance division into a $780M powerhouse. Warren Buffett praises him as an “ideas factory.” Source

India Business News: Stock market recommendations: Mirae Asset Sharekhan suggests buying Dabur and Gail. Dabur, trading between Rs 480-488, is expected to resume its uptre Source

Fadnavis revealed that the government plans to develop the Vadhavan Airport alongside the port to enhance multimodal connectivity. “A port and an airport together will create huge opportunities,” he stated, adding that the port will be operational in the next three to four years.  Source

US Fed Policy Meeting Outcome: The FOMC decides to maintain the target range for the federal funds rate at 4.25-4.5 per cent. Source

India Business News: India and the US are engaged in trade deal negotiations, aiming to finalize an initial agreement before July, when US tariffs take effect. The propose Source

The company reported a gross written premium of ₹2,652 crore for Q4FY25, registering a YoY growth of 13.5%. Shares of Go Digit General Insurance Ltd ended at ₹314, up by ₹15.45, or 5.18%, on the BSE. Source

Petrol, Diesel Price On May 8: Check City-Wise Rates Across India Including In Delhi, Mumbai And Kolkata. Source

India Business News: Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, tanked in trade on Tuesday afternoon, influenced by subdued global market Source

As per data compiled by flight tracking service Flightradar24, as of 4 PM India time on Wednesday, 430 flights in India had been cancelled, accounting for 3 per cent of the scheduled flights for the day. Source