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Rs 10k crore: Cost of health cover fraud

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India's health insurance system is losing ₹8,000-10,000 crore annually due to fraud and waste, a BCG-Medi Assist report reveals. This impacts premiums and public funds, with reimbursement claims showing significantly higher fraud rates. The report advocates for AI-driven oversight and faster data sharing to combat this systemic issue and ensure accessible, affordable healthcare. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/KPYBOpr >

Kotak Mahindra stock split: Bank announces 1:5 share split; aims to boost liquidity- what you need to know

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Kotak Mahindra Bank's board has approved a 1:5 equity share sub-division to enhance affordability and market liquidity. This decision, made on the bank's 40th foundation day, aims to encourage broader investor participation. The move, subject to regulatory approvals, will split Rs 5 face value shares into five Rs 1 shares. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/AQnhpTD >

TCS taps $1bn from PE fund TPG to build AI data centres

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/3msuG5J >

Steel sector norms: Government extends exemption from quality compliance; here's the next deadline

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The Centre has extended the quality enforcement timeline for specific steel and stainless-steel imports until March 2026. This move aims to prevent supply disruptions of specialized steel grades not yet produced domestically in sufficient quantities. The government also simplified import procedures for steel grades not covered by existing Quality Control Orders. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/sLZkJ1h >

Reliance forays into petcare mkt with 'Waggies'

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/PLrZGzg >

Trump’s tariff impact! US trade deficit falls 24 per cent as imports plunged in August; shutdown delayed data release

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The US trade deficit significantly narrowed in August, falling to $59.6 billion as tariffs reduced imports. Despite this pullback, the trade gap has widened year-to-date, though a narrower deficit typically supports economic growth. President Trump's tariffs, aimed at addressing perceived exploitation, have faced scrutiny over their impact on inflation and legality. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/h7mpuoq >

Pakistan stocks soar: KSE-100 surges 40% — What’s driving the market after years of volatility?

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Pakistan's stock market is witnessing a remarkable surge, fueled by a wave of retail investors seeking better returns amidst stagnant property prices and declining deposit rates. This rally, driven by improved economic indicators, fiscal management, and political stability, has positioned Pakistan as a top-performing Asian market. Experts anticipate continued strength, though inflation and geopolitical tensions remain potential headwinds. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/X4LN5zs >