Business Bureau

ICICI Life launches indexed pension plan to combine guaranteed income with market-linked returns

ICICI Life Insurance Limited has launched ICICI Life Guaranteed Indexed Pension, a retirement income product combining lifelong guaranteed income with the potential for market-linked growth through the NIFTY 50 Total Return Index. The product allows customers to allocate 60% to 100% of their annuity to guaranteed income, with the remaining portion linked to the index,…

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National Pharmacy Week 2026 in Manipur Highlights Responsible Medicine Use and AMR Awareness

The National Pharmacy Week 2026 celebration was organised on 19 October at MSFDS, Imphal, by the College of Pharmacy, Kangleipak Medical and Nursing Institute, under the aegis of the Pharmacy Council of India (PCI), New Delhi. The event witnessed a gathering of approximately 1,500 participants from nine institutes, including pharmacists, healthcare professionals, academicians and pharmacy…

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Palmonas unveils contemporary 9KT gold jewellery collection for festive gifting

Palmonas has curated a collection of 9KT gold jewellery featuring lab-grown diamonds, offering festive gifting options priced under ₹20,000. The selection combines traditional symbolism with contemporary designs, catering to consumers seeking versatile jewellery for celebrations and everyday wear. The collection includes six designs: the Bloom Cluster Ring, featuring lab-grown diamonds arranged in a floral pattern;…

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CDSL’s ₹11.5 lakh Ideathon targets financial literacy gap as cyber fraud risks mount

Central Depository Services (India) Limited (CDSL) has launched Reimagine Ideathon 2.0, a nationwide initiative encouraging students to develop innovative solutions for investor awareness, financial literacy and cyber safety. The competition offers a total prize pool of ₹11.5 lakh for the top five teams. Launched during World Investor Week 2026 under the theme ‘Samajh Se Investing…

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BHIM Payments App uses digital transactions to drive education-focused social innovation

BHIM Payments App, developed by NPCI BHIM, has partnered with civic and developmental organisation Goonj for the third edition of its ‘Meethi Diwali’ campaign, using everyday digital payments to support educational access for underprivileged children. The campaign, running from October 19 to November 8, 2026, will see BHIM contribute towards providing school kits to children…

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ICICI Life reports 26.5% rise in H1 profit as protection and annuity businesses surge

ICICI Life Insurance Limited reported a 26.5% year-on-year increase in profit after tax (PAT) to ₹760 crore in the first half of FY2027, reflecting strong business growth, improved operational efficiency and sustained demand for protection and annuity products. The company’s new business premium grew 25% year-on-year to ₹11,821 crore, while its value of new business…

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ICICI Life Insurance targets 20,000 women advisor hires to advance financial inclusion by FY2027

ICICI Life Insurance Limited has announced plans to recruit 20,000 women advisors across India by the end of FY2027 under its Narishakti initiative, linking women’s economic empowerment with wider insurance access and the government’s vision of “Insurance for All by 2047”. Announced during Navratri, the recruitment drive marks the second anniversary of Narishakti, launched in…

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BHIM’s Tatkal NPS launch seeks to widen pension coverage through digital payments

NPCI BHIM Services Limited (NBSL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), has launched Tatkal NPS on the BHIM Payments App, aiming to reduce entry barriers to retirement savings through a simplified digital account-opening process. Announced on October 14, 2026, the facility was introduced by the Pension Fund Regulatory and…

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Ampere expands Imphal presence with new electric scooter experience centre

Greaves Electric Mobility’s electric two-wheeler brand Ampere has inaugurated a new Experience Centre, KD24 Enterprises, at Keishampat Wahengbam Leikei in Imphal, expanding its retail and service network in Manipur. The dealership will offer sales and service support under one roof, showcasing Ampere’s electric scooter portfolio, including the Nexus EX+, Magnus GMax, Magnus Neo and Reo…

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