Kanpur Businessman Killed Over Property Fear, Son Suspected

Sensex Opens 100 Points Higher, Nifty Above 23,000 Despite Headwinds

Indian equity markets made a positive start on Thursday after suffering heavy losses earlier in the week. The BSE Sensex gained over 100 points at the open, while the NSE Nifty50 held above the 23,000 mark. However, the recovery remained limited as surging crude oil prices weighed on broader market sentiment. Adding to the pressure, foreign institutional investors offloaded Indian equities worth more than ₹5,000 crore, dampening overall momentum.

IRDAI Proposes Cap on Motor Insurance Commissions for New Vehicles

India's insurance regulator IRDAI has put forward a proposal to limit agent remuneration on motor insurance policies for new vehicles. Under the plan, commissions on third-party premium covers would be capped at zero percent. For own-damage and related covers, the proposed cap stands at 5%. The move is aimed at reducing costs for vehicle owners while potentially expanding their choices in the insurance market.

‘Extreme tail risk’: Mark Carney says Canada considered risk of military attack by US

Landslide in Odisha hits rail traffic: Check 10 affected trains on September 25