IRDAI moves to cap insurance commissions; PB Fintech falls 36%
IRDAI has proposed capping first-year life insurance commissions at 20% of premium for distributors, less than half current levels, and insurance distribution stocks sold off sharply.
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The day’s economics stories, laid out the way you’d revise them — with context, concepts, key data, and two practice MCQs on each.
IRDAI has proposed capping first-year life insurance commissions at 20% of premium for distributors, less than half current levels, and insurance distribution stocks sold off sharply.
Maharashtra has declared drought across 265 of its 358 tehsils, and arhar is already trading at ₹9,000-9,200 a quintal against a minimum support price of ₹8,450.
Net foreign direct investment into India rose to $7.35 billion in July, the most in any month since May 2021, even as foreign investors kept selling Indian stocks and bonds.
Coal stocks at power plants fell nearly 49% in three months and spot power prices hit ₹7.71 per unit, so the Centre has ordered 112 captive coal plants to run flat out from October 1.
Banks and financial institutions sanctioned ₹4.4 lakh crore of projects in 2025-26, nearly 19% more than the year before, but six states absorbed 67.1% of it.
Washington and Beijing extended their trade truce to January 10, 2027 and agreed a $30 billion tariff-reduction arrangement, while India stays exposed to tariffs of up to 100% for buying Russian...