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The Economic Times

Business

Debaroti Adhikary

Can IRDAI’s insurance reforms impact NBFCs? Jefferies warns L&T Finance, Piramal Finance, others are most exposed

Jefferies Piramal Finance IRDAI NBFC Insurance NBFCs Debaroti Adhikary LT Finance Bajaj Housing Finance IIFL Finance

Insurance regulator IRDAI’s proposed overhaul of the insurance sector rattled insurance stocks on Thursday, but Jefferies has warned that non banking financial companies (NBFC) like L&T Finance, Piramal Finance and others too may not be completely safe.

The Insurance Regulatory and Development Authority of India (IRDAI) released a consultation paper titled ‘Recalibrating Economics of Insurance Distribution’, proposing effort-based caps on the commissions insurers pay to distributors, along with tighter expense-of-management limits for insurers.

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Gangs in Haiti target foreign troops in biggest attack since new force began operations

Gangs in Haiti target foreign troops in biggest attack since new force began operations

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The Independent UK

Winter Hospital Peaks From COVID-19, Flu and RSV Expected Near Last Season's Level as Early Flu Activity Climbs

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France unrest: PM orders curfews, hints at declaring emergency; over 2,400 arrested

France unrest: PM orders curfews, hints at declaring emergency; over 2,400 arrested

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Adult Measles Case in Virginia Prompts Harrisonburg Exposure Alert as Symptom Window for Exposed People Opens October 19

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Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

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Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

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Gangs in Haiti target foreign troops in biggest attack since new force began operations

Gangs in Haiti target foreign troops in biggest attack since new force began operations

Gangs in Haiti have opened fire on an armored vehicle, leaving four soldiers from El Salvador unaccounted-for in the first major attack since an international gang suppression force began operations in the violence-wracked country

The Independent UK

Winter Hospital Peaks From COVID-19, Flu and RSV Expected Near Last Season's Level as Early Flu Activity Climbs

Winter Hospital Peaks From COVID-19, Flu and RSV Expected Near Last Season's Level as Early Flu Activity Climbs

CDC expects COVID-19, flu, and RSV hospital peaks near last winter's level as flu rises early on the West Coast. What the numbers mean for families.

France unrest: PM orders curfews, hints at declaring emergency; over 2,400 arrested

France unrest: PM orders curfews, hints at declaring emergency; over 2,400 arrested

France has experienced significant unrest following protests over rising living costs and public services, resulting in violence and property damage. More than 2,400 people were arrested nationwide as rioters targeted shops, city halls, and public offices. Prime Minister Sébastien Lecornu instructed local authorities to consider curfews to prevent further violence…

The Times of India

Adult Measles Case in Virginia Prompts Harrisonburg Exposure Alert as Symptom Window for Exposed People Opens October 19

Adult Measles Case in Virginia Prompts Harrisonburg Exposure Alert as Symptom Window for Exposed People Opens October 19

Virginia confirmed measles in an adult who visited a Harrisonburg business Oct. 12 and 13. Who is protected, which symptoms to watch for, and when to call.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

FDA inspectors cited 14 sterility and manufacturing concerns at Houston RX, the maker of recalled compounded tirzepatide. What GLP-1 users should check.

Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

Ukrainian and Sudanese immigrants covered by Temporary Protected Status will retain their deportation protections and work permits beyond the programs' scheduled Oct. 19 expiration, according to CBS News, entering the same uncertain wait that Salvadorans have faced since their own deadline passed last month.

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