Atal Bihari Vajpayee, whose 100th birth anniversary is on Wednesday, was a charismatic politician and poet appreciated for his oratory skil...

Union Home Minister Amit Shah announced that the BJP will implement the Uniform Civil Code (UCC) in Jharkhand, excluding tribals from its a...

The Assam government has introduced zero-premium insurance coverage for state employees, providing significant financial protection. The ca...

LIC Amritbaal children's policy launched: A new insurance policy specifically for kids aged 30 days to maximum 13 years has been launched b...

LIC has enabling provisions to invest in banks like HDFC Bank. Their equity investment is about 20-25% of total AUM, and they have a balanc...

LIC announced the launch of LIC Index Plus, a new unit linked life insurance product, available for purchase from February 6, 2024, as per ...

LIC Jeevan Dhara II: Life Insurance Corporation of India (LIC) has launched a new annuity plan with guaranteed income. The minimum entry ag...

Canara Bank has announced Canara Jeevan Dhara, a special savings bank account for retirees and those considering retirement.

The cabinet meeting on Friday has decided to prohibit production and use of drinking water bottles made of PET of less than 1 litre in volu...

URGO Group firms had collected this money illegally from the public.

LIC manages assets worth Rs 13 lakh crore which is equal to 15% of India's gross domestic product of Rs 85 lakh crore.

The problems being encountered by the life insurer only reflect the grave risks associated with assured-return schemes.

The reported travails of LIC illustrate, once again, the perils of assured-returns schemes.