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25 Mar

81% of Indians Underestimate Their Life Cover Needs: Bajaj Allianz Life Survey

MFNewsBreaking News, Business, Insurance, Opinions, Technology

#BajajAllianzLifeSurvey2025 · The actual coverage held by Indians was just 3.1 times their income, significantly below the industry-recommended 10x benchmark. · 1 in 3 Indians have never reviewed their life insurance coverage, even after major life events like marriage, childbirth, or income growth. · Despite inadequate coverage, 82% of Indians are confident that their life insurance will sufficiently secure their family's financial future Chandigarh: Bajaj Allianz Life Insurance, one of India’s leading private life insurers, has released a comprehensive study titled ‘Underinsurance Survey 2025’, conducted in collaboration with NielsenIQ. The survey covered 2,000 individuals across metro, tier 1, and tier…

25 Mar

From May 1 Pay More ATM withdrawal fees, RBI hikes higher charges

MFNewsBreaking News, Business, Technology

#May1PayMoreATMRBI New Delhi: The Reserve Bank of India (RBI) has announced an increase in interchange fees on ATM withdrawals, making cash withdrawals more expensive from May 1, according to a report by Doordarshan News. This change will impact frequent ATM users, leading to higher withdrawal costs. An ATM interchange fee is the amount one bank pays another for facilitating ATM transactions. Banks typically pass this cost on to customers. For example, if a customer of HDFC Bank withdraws money from an SBI ATM in Delhi, HDFC Bank may charge a fee after the third transaction at an SBI ATM in…

25 Mar

MF: Aditya Birla Sun Life Mutual Fund unveils campaign to push SIP awareness

MFNewsBreaking News, Business, Mutual Funds

The campaign aims to encourage investors to adopt structured financial planning for their future goals #ABSLAMCSabseImportantPlan New Delhi: Aditya Birla Sun Life AMC (ABSLAMC) has launched the 'Sabse Important Plan' (SIP) campaign to highlight the importance of systematic investment plans (SIPs). The campaign aims to encourage investors to adopt structured financial planning for their future goals. The first ad shows Saini, a regular office goer dreaming about opening a chain of café’s in “Khayali Pulao” style while the other shows Simran, a working professional dreaming about traveling the world in “Hawai Baatein” style. However, in both cases, it dawns on…

25 Mar

Not considering holding exams for investors to test suitability for F&O trading: SEBI

MFNewsBreaking News, Business, Opinions, Shares, Technology

#F&OTradingSEBI #SEBIF&OTradingTest Mumbai: The market regulator is not considering conducting exams for investors to determine their eligibility for trading in futures and options (F&O), said the Securities and Exchange Board of India's Whole-time Member (WTM) Ananth Narayan. Narayan was answering a question on the subject at a press conference following a SEBI board meeting on March 24. He said, "Are we specifically looking at anything (as entry barriers like the National Institute of Securities Markets (NISM) exams for investors) at this point in time? No." This confirmed a report by Moneycontrol that was published following reports that such an exam…

25 Mar

ग्लोब टोयोटा ने फॉरेस्ट हिल रिजॉर्ट में टोयोटा हाइलक्स ब्लैक एडिशन को लॉन्च किया

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मोहाली: ग्लोब टोयोटा ने फॉरेस्ट हिल रिजॉर्ट में एक खास कार्यक्रम में टोयोटा हाइलक्स ब्लैक एडिशन को पेश किया। इस भव्य लॉन्च के बाद एक बड़ी ऑफ-रोड एक्टिविटी आयोजित की गई, जिसमें कठिन रास्तों पर हाइलक्स की बेहतरीन क्षमता का प्रदर्शन किया गया। इस कार्यक्रम में ग्लोब टोयोटा के मैनेजिंग डायरेक्टर और सीईओ श्री विवेक दत्ता ने भी शिरकत की । उन्होंने इस तरह के अनुभवात्मक कार्यक्रमों के क्षेत्र में महत्व बारे में बताया। दत्ता ने कहा कि ये ऑफ-रोड अनुभव बहुत जरूरी हैं क्योंकि ये हाइलक्स की असली ताकत और क्षमता को दिखाता है । इससे हमारे ग्राहक…

25 Mar

Navigating Retail’s AI Future: KPMG’s Report ‘Intelligent Retail’ Reveals 83% Leader Confidence in AI

MFNewsBrands, Breaking News, Business, Opinions, Technology

#KPMGAIeportIntelligentRetail #KPMGLeaderConfidenceinAI New Delhi: KPMG International has unveiled a new report titled, 'Intelligent Retail: A Blueprint for Creating Value through AI-Driven Transformation'. This comprehensive study delves into the transformative power of artificial intelligence (AI) in the retail sector, offering strategic insights for retailers to harness AI's potential and drive sustainable growth. As consumer expectations continue to escalate, the report highlights how AI is revolutionizing retail by enabling hyper-personalized customer experiences, optimizing inventory management, and automating customer service with near-human precision. The retail industry is at a pivotal moment, where traditional operating models are being pushed to their limits by the collision…

25 Mar

Justdial reports 10% spike in study & work abroad searches across India

MFNewsBrands, Opinions, Technology, Travel

#JustdialspikeinGermancourses - German language demand soars – 147% spike in corporate German classes Chandigarh: India is witnessing a growing interest in studying and working abroad, as reflected in a 10% surge in related searches on Justdial, India’s No. 1 local search engine, between March 2024 and February 2025 compared to the previous year. While metro cities saw a moderate 5% rise, the demand in non-metro cities grew significantly by 14%, indicating a broader shift in aspirations beyond urban centres. Among metro cities, Hyderabad led with an 18% increase, followed by Delhi (14%), Bangalore (7%), Kolkata (4%), and Mumbai (1%).…

25 Mar

Glance & LinkedIn Power a Learning Revolution for 235Mn users With ‘Glance for Good’ Program

MFNewsBrands, Business, Entertainment, Technology

#Glance&LinkedGlanceforGood Chandigarh: Glance, the world’s leading smart lock screen platform, has partnered with LinkedIn, the world’s largest professional network, to revolutionize learning and career growth. As part of this, LinkedIn will offer free and curated access to select courses, reports and video content around off-beat careers, upskilling and soft skills directly on Glance Smart Lock Screens, reaching over 235 million Indians. This initiative, under the “Glance for Good” program, aims to empower over one million users in India by democratizing access to upskilling and career resources, enhancing employment opportunities, and driving meaningful impact. Through this partnership, Glance users will gain…

25 Mar

Poonawalla Fincorp unveils AI-Powered Underwriting Solution

MFNewsBrands, Business, Mutual Funds, Technology

#PoonawallaFincorp #PoonawallaFincorpAISolution Chandigarh: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group promoted NBFC, focused on Consumer & MSME Lending, has unveiled an industry-first AI-Powered Underwriting Solution. Developed in collaboration with the Indian Institute of Technology Bombay (IIT Bombay), this innovative solution integrates artificial intelligence with human intelligence to automate and streamline the credit evaluation process. It aims to accelerate credit decisions by ensuring efficient, accurate, scalable and risk-first approach. By analyzing multiple data points from loan applications, the solution empowers credit managers with faster decision-making capabilities while enhancing the company’s risk management framework. The AI solution integrates Large Language Models…

25 Mar

Amazon announces Zero referral fees on over 1.2 crore products, boosting growth across India

MFNewsBrands, Business, Opinions, Technology, Travel

Zero referral fees on products under ₹300, enabling significant savings on low-price items for sellers Chandigarh/Ropar: Amazon India today announced its highest-ever reduction in seller fees to support lakhs of small businesses selling on Amazon.in from across the country. In a move aimed at further boosting growth of sellers on Amazon.in, the company has introduced zero referral fees on over 1.2 crore products that are priced below ₹300. Referral fees is a commission that sellers pay to Amazon for each product sold. The zero referral fees apply to more than 135 product categories. Amazon has also brought in a simplified…