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Category: Economy

Indian Insurance Faces Critical Internal Challenges Indian Insurance Faces Critical Internal Challenges

Indian Insurance Faces Critical Internal Challenges

Shourav Biswas | Sub-Editor | GLive24.comJanuary 31, 2026
The Indian insurance sector has witnessed robust growth over the past decade, emerging as one of the economy’s deepest institutional reservoirs of long-term capital. Yet, the Economic Survey of 2025-26 warns that internal operational inefficiencies pose a significant “risk to the core financial strength of insurers.” Private life insurers, despite healthy top-line growth, have struggled […]
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Bangladesh Bank Updates Real Effective Exchange Rate

Bangladesh Bank Updates Real Effective Exchange Rate

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 31, 2026
Bangladesh Bank has revised the Real Effective Exchange Rate (REER), a key indicator of the country’s external competitiveness, to better reflect the current economic realities. The updated calculation incorporates several important changes designed to make the measure more accurate and policy-relevant. For the first time, the revised REER includes remittances from expatriate workers, highlighting the […]
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Asia’s Insurance Sector Sees Strategic Advancements

Asia’s Insurance Sector Sees Strategic Advancements

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 31, 2026
The Asian insurance market witnessed a flurry of strategic initiatives between 26–30 January 2026, reflecting an industry-wide drive to strengthen market presence, enhance brand value, and offer innovative products to consumers. During this period, leading insurers pursued major investments, launched pioneering policies, and forged key partnerships, signalling sustained confidence in the region’s growth potential. Prudential […]
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Bangladesh Enacts Landmark Microfinance Banking Law

Bangladesh Enacts Landmark Microfinance Banking Law

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 31, 2026
Bangladesh has taken a historic step in formalising its microfinance sector with the enactment of the Microfinance Bank Act, 2026 by the interim government. The legislation introduces a new category of financial institution — the microfinance bank — bringing microcredit operations into the mainstream banking framework under formal regulatory oversight, including deposit mobilisation, central bank […]
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bKash Processes BDT 20000 Crore in Annual Remittance bKash Processes BDT 20,000 Crore in Annual Remittance

bKash Processes BDT 20,000 Crore in Annual Remittance

GLive24.com DeskJanuary 31, 2026
In a landmark achievement for Bangladesh’s financial technology sector, the mobile financial service (MFS) provider bKash has announced that it facilitated the transfer of BDT 20,000 crore (approximately £1.25 billion) in remittances during the 2025 calendar year. This significant capital influx was distributed across 4.1 million unique bKash accounts, representing a nearly twofold increase compared […]
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Ansvar Insurance Triumphs with 25k Charity Drive Ansvar Insurance Triumphs with £25k Charity Drive

Ansvar Insurance Triumphs with £25k Charity Drive

GLive24.com DeskJanuary 30, 2026
Brighton-based specialist insurer Ansvar Insurance has successfully concluded its ambitious and innovative “£25k in 25” fundraising campaign, raising a total of £25,216 for 16 national and local charities. Ansvar, which primarily provides insurance services to charities, non-profits, faith-based organisations, and care-sector clients, launched the employee-led initiative in January 2025 with the goal of raising £25,000 […]
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Insurance growth hindered by high costs Insurance growth hindered by high costs

Insurance growth hindered by high costs

GLive24.com DeskJanuary 30, 2026
India’s insurance sector is confronting a persistent structural hurdle, according to the Economic Survey 2025-26, released on 29 January 2026. The report stresses that the industry’s challenges are not primarily driven by weak customer demand, but by high distribution costs and structural inefficiencies that hamper both expansion and financial inclusion. The Survey underscores the difficulty […]
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Bangladesh Bank makes a 55 million purchase Bangladesh Bank makes a $55 million purchase

Bangladesh Bank makes a $55 million purchase

GLive24.com DeskJanuary 30, 2026
In a strategic move aimed at curbing the depreciation of the Bangladeshi taka against the US dollar and supporting the nation’s remittance and export sectors, Bangladesh Bank acquired a total of $55 million from five commercial banks yesterday, Thursday, through multiple auction mechanisms. According to official figures released by the central bank, the purchase rate […]
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