Your car has been spying on you and collecting data. That alone is worrying to many, but a recent letter sent to the Federal Trade Commission (FTC) by two U.S. Senators show something even more sinister: That data is being sold for pennies on the dollar to insurance companies. The 2024 Hyundai Santa Fe XRT … Read more
It seems like there’s almost never a time when a car dealership doesn’t do something wrong. From selling a car that a customer brought in for repair to taking a customer’s money and then making them go through hell to get it back, even simply doing what they’re in business to do can turn into fraud. … Read more
The government is likely to review foreign direct investment (FDI) caps for critical sectors like defence, insurance, and plantations, examining processes that could be streamlined for a more efficient investment regime, reported The Times of India. This response aims to address stagnating FDI flows into India, despite the country promoting itself on ‘China Plus One’ … Read more
“We see good opportunities in the pharma space, especially pharma generic exporter companies which have not performed well for many years. I think there are opportunities in the less popular sectors where money can be made over the next two to three years,” says Abhay Agarwal, Piper Serica.Which stocks are you probably going to keep … Read more
The combined market valuation of three of the top-10 most valued firms jumped Rs 1,06,125.98 crore in holiday-shortened last week, with HDFC Bank and ICICI Bank emerging as the biggest gainers. Last week, the BSE benchmark Sensex climbed 217.13 points or 0.28 per cent. While HDFC Bank, ICICI Bank and Infosys were the gainers from … Read more
Miranda Nazzaro, The Hill Updated: Jun 18, 2024 / 09:45 AM CDT (The Hill) — Nationwide Insurance says it plans to cancel pet insurance coverage for about 100,000 animals across the nation, citing rising veterinary costs. The cancellation of the thousands of coverage plans will take place between now and next summer as part of … Read more
(NewsNation) — As weight loss drugs like Ozempic and Wegozy are soaring in popularity, some insurers are looking to drop the medications, possibly costing patients thousands in out-of-pocket expenses. Blue Cross Blue Shield of Michigan is one such insurer. Beginning in January 2025, around 10,000 people in the state will lose coverage. Companies aren’t entirely … Read more
“I think certain sectors that could surprise us will be Agriculture, Consumer Durables, Insurance and Services,” says Kush Gupta, Director at SKG Investment & Advisory. In an interview with ETMarkets, Gupta said: “The new government would enhance capital expenditure, above normal monsoon are expected to support agriculture, Crude oil prices have come down which should … Read more
(NewsNation) — Annual health care spending in the U.S. is projected to reach $7.7 trillion by 2032, according to new federal actuaries projections, marking a $2.9 trillion increase from last year. Spending is expected to grow 5.6% annually during the 2023-2032 projection period, surpassing the anticipated 4.3% annual inflation rate. By 2032, healthcare will account for … Read more
Eight of the 10 most valued domestic firms together added Rs 3.28 lakh crore to their market valuation last week, with blue-chips Tata Consultancy Services, Hindustan Unilever and Reliance Industries emerging as the biggest winners. In an eventful week, the BSE benchmark jumped 2,732.05 points or 3.69 per cent. The 30-share BSE Sensex jumped 1,720.8 … Read more
