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America saw a dip in new jobless claims last week. This hints at steady job growth in July. However, some laid-off workers face long unemployment spells. This is due to slower hiring. Trade policy uncertainty makes companies hesitant. Continuing claims data needs monitoring. It will give a clearer picture of the labor market's health.
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News and Media
Tata Group-owned Indian Hotels Company Limited (IHCL) on Thursday reported a 26.56 per cent rise in its consolidated net profit to Rs 329.32 crore in the first quarter of FY26.
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News and Media
Insurtech funding in India is poised to surpass $1 billion in the next year, following a period of moderated investment. A recent report highlights a decline in insurance penetration below 4%, driven by reduced life insurance uptake, signaling a significant protection gap. Regulatory initiatives like NHCX and Bima Sugam are expected to foster digital innovation in the sector.
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News and Media
Kaivalya Vohra and Aadit Palicha of Zepto top the first Avendus Wealth Hurun India 2025 Under-30 list, featuring 79 young entrepreneurs. The list spans multiple sectors, highlights Mumbais dominance, and notes over $5 billion in funding raised. Only six women made the list, underscoring gender disparity.
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News and Media
Indian OTT platform ULLU has launched UlluCoin, a utility token to boost user engagement and content access using blockchain. Backed by Cypher Capital and powered by Chainsense, the token will offer fan rewards, premium unlocks, and global crypto usability. Initial distribution is via app and official website.
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News and Media
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