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India’s Life Insurers Pay ₹6.30 Lakh Crore in Benefits in FY25 To Emerge as A Pillar of Household Financial Security - Insurance Awareness Committee (IAC-Life)

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  Vijayawada, March 26, 2026: India’s life insurance sector continues to play a crucial role in protecting families and supporting long-term financial planning. According to the latest IRDAI Annual Report 2024-25, life insurers paid ₹6.30 lakh crore in total benefits during FY25. The figure testifies to the level of support that the life insurance industry provides to Indian households across life stages from protection to retirement and wealth creation. “The operational level of India’s life insurers, as evident from the key statistics of persistency, benefit payouts and the solvency thresholds underscore life insurance’s role as a household wealth reservoir that provides both liquidity and longterm stability. The fact that 92% of payouts have been toward living benefits highlights the industry's role not just as a protection provider but as a long-term financial partner that ensures financial continuity for families. Through our campaigns, we will continue to make people aware o...

East Point Industry Leadership Conclave calls for narrowing of industry-academia gap

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Designed to foster innovation, collaboration, and knowledge exchange between academia and Industry Representing global enterprises across multiple sectors, the panel brought cross-sector insights into the evolving dynamics of fresher hiring and preparing students with real-world industry challenges   Visakhapatnam, 27 March 2026   – East Point Group of Institutions recently hosted a landmark event, EPILC 2026 - the East Point Industry Leadership Conclave. This strategic gathering brought together senior executives from top global companies across sectors like banking, networking, cloud computing, semiconductor, and product engineering under one powerful theme: "Shaping the Future Workforce".     This Industry-Academia Leadership Conclave featured a high-impact panel discussion among top industry professionals, "Building Sustainable Talent Pipelines: The Role of Institutions in a Changing Workforce." The panelists delved into the structural shifts shaping long-term r...

Flipkart Study Reveals 48% of Delivery Partners Across South India Willing to Switch to EVs

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●Study reinforces the role of last-mile delivery fleets in advancing India’s EV transition ●Survey of 6,000+ delivery reveals a powerful readiness for change, with nearly 46% of delivery partners eager to transition to EVs ●Cost, limited access to EV models, charging infrastructure and vehicle confidence as key adoption hurdles National, March, 2026: Flipkart, India’s homegrown e-commerce marketplace, today released “The Last-Mile Leap: Empowering Delivery Fleets to Accelerate India’s Electric Mobility Transition,” a white paper based on insights from a survey of more than 6,000 Wishmasters (delivery partners) across India. According to the study, delivery partners across South India are showing strong interest in transitioning to electric vehicles, with 48% of the surveyed cohort in the South expressing willingness to adopt EVs, according to insights from Flipkart’s research.The findings highlight growing momentum for electric mobility across the southern delivery ecosystem as riders ...

AICTE–Cyient Foundation Partnership Advances Pilot Innovation Cluster in Andhra Pradesh

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Visakhapatnam, March 18, 2026: The third Visakhapatnam City Innovation Cluster (CIC) – Institute–Industry–Investors (I³) Conclave was successfully held at Andhra University, Visakhapatnam, marking a significant milestone in strengthening Andhra Pradesh’s regional innovation and entrepreneurship ecosystem. Organised under the guidance of the All India Council for Technical Education (AICTE), in collaboration with the Cyient Foundation, the CSR arm of Cyient Ltd., the conclave is part of the Visakhapatnam City Innovation Cluster Pilot Project. The initiative represents a pioneering public–private partnership between AICTE and the Cyient Foundation, formalised through a Memorandum of Understanding signed on June 11, 2025. The partnership aims to build a scalable, citycentric innovation cluster model that brings together academia, industry, investors, and government stakeholders to accelerate innovationled growth. The conclave featured the launch of several key cluster initiatives, inclu...

PhonePe Launches ‘On-The-Go’ Card for Seamless, Offline Payments for Transit

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●  This NCMC card enables one tap commute for passengers on public transport across India ●  Works without the need for internet/ network connectivity Visakhapatnam : PhonePe, today announced the launch of the PhonePe 'RuPay On-The-Go' Card , a National Common Mobility Card (NCMC). This launch is a step towards India’s 'One Nation One Card' vision , aimed at digitizing transit payments across India. The PhonePe 'On-The-Go' Card is designed to simplify the user’s daily commute by functioning as an all-in-one transit card. It allows for quick, tap-and-pay transactions on all NCMC-enabled services, including metros, buses, trains, tolls, and parking across India in a fully interoperable manner. A key feature is that the cards are issued instantly, enhancing convenience for millions of commuters. The card utilizes a prepaid, stored-value model where balance is stored directly on the card's chip. This model enables true offline contactless payments , allowing ...

Myntra Celebrates its 19th Birthday with Myntra Birthday Blast, bringing over six million styles

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-  Set to go live on February 28, with early access for Myntra Insiders starting February 27 -  Adding to the excitement, shoppers will also receive assured return gifts, bringing an extra element of surprise and delight to every purchase -  Shoppers can look forward to high-value formats such as Brand Mania Deals, Midnight Steal, 19 Minutes Deals, and OMG deals -  Some of the new collection drops  include Irth By Titan, Mohey Wedding Collection, Theater Handbags, Crocs Lego,  Gilli Genda Gang Kids Wear, and Estee Lauder: Double Wear   Visakhapatnam : To commemorate its 19th birthday, Myntra, one of India’s leading fashion, beauty, and lifestyle destinations,  has announced Myntra Birthday Blast (MBB). The event will go live from February 28, with Myntra Insider customers getting early access 24 hours early, starting February 27. With irresistible offers, this edition brings together an expansive selection of over 6 million styles from 20,000+ int...

Escorts Kubota launches new ‘South Special’ paddy tractor series

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Introduces Shaurya, first dedicated paddy-focused range under the Powertrac brand   Escorts Kubota Limited, the agri-machinery and construction equipment major, announced the launch of Powertrac Shaurya, a new ‘South Special’ paddy tractor series comprising five variants across the 39 HP to 52 HP category range. The launch marks the first time the Powertrac brand is introducing a dedicated paddy and wetland-focused series developed specifically for the paddy-growing regions of Southern India, including Telangana, Andhra Pradesh, Tamil Nadu and Karnataka, strengthening the company’s presence in a key mechanization segment. Escorts Kubota operates three tractor brands in India — Kubota, Farmtrac and Powertrac — catering to premium, entry-premium and value segments respectively. Powertrac Brand represents the company’s value and mass segment offering across multiple agricultural applications. Developed for paddy cultivation, the Shaurya series is engineered for reliable operations in ...