Sell more, earn more! RBI's Shaktikanta Das cautions banks about big risksThe Reserve Bank of India Governor cautioned banks about misselling practices. He stressed the importance of ethical conduct for the bankin...
Economic Survey flags misselling, claims issue in insurance sectorWhile referring to financial products misselling, the survey said that misselling and misrepresentation need acknowledgment, with firms com...
Atal Pension Yojana: Online facility to ease onboarding and seeding of Aadhaar for APY subscribersThe Pension Fund and Regulatory and Development Authority (PFRDA) has issued a master circular on the online facility to ease onboarding an...
PM Narendra Modi tears into Opposition during no-confidence motion debate: Here's all what he saidWhile speaking on the no-confidence motion moved by the Opposition against the Centre, PM Modi said that the motion has always proven to be...
Will the Indian market continue to outperform as global markets play catch up? Deven Choksey answers“One feels relatively safe to add housing finance stocks where the visibility for the next three to five years is intact. So within the rea...
As RBI hikes rates, I feel a little sorry for the government with the LIC IPO on: Mythili Bhusnurmath“It is important to be a realist not just being an optimist and this is something that was staring the RBI in the face for quite some time....
Budget 2021-22 reflects dismal state of India's economy: Opposition leaders in RSParticipating in the debate on the union budget, Congress leader P Chidambaram tore into the government for presenting a "disappointing" bu...
SGX Nifty up 50 points; here's what changed for market while you were sleepingMost Asian stocks rose on Wednesday, extending a global rally amid a slew of corporate earnings and a crumbling of the retail trading frenz...
RBI says no to IDBI Bank name change proposalThe board of IDBI Bank had last month sought RBI's approval for change in the name of the lender to either LIC IDBI Bank or LIC Bank follow...
View: When a regulator turns a Nelson’s eye to riskOne such is the 10% cap on investment by insurers in a company because it is the savings of millions of middle class people. The idea is th...
Cairn-Vedanta merger: LIC says still not on boardLIC's denial came after some media reports said the insurance giant has given nod to the proposed merger of Cairn with Vedanta.
- LIC to pay Rs 6.5 lakh for "deliberately" rejecting claim
LIC has been directed by a consumer forum here to pay Rs 6.5 lakh to a widow for rejecting her insurance claim on her late husband's policy...
- Indraprastha Gas Ltd shares tumble 33% on tariff cut order
Shares of IGL, the sole supplier of natural gas in the NCR, tumbled an unprecedented 33% after a regulatory order drastically cut tariffs f...
- CBI clears Vijayan in corruption case
Clean chit gives him another shot at LIC top job after being denied extension in May.
- Rejected insurance claims? Often both buyer and insurer are at fault
There's usually a valid justification for turning down a claim, even though such an action could damage their image.
- No EPFO investment in LICHF till loan scam probe ends
The government may defer further investment of employees provident fund money in LICHF till investigations into the multicrore bribes-for-l...
- Parliament march by LIC officers to protest FDI hike in insurance
National Federation of Insurance Field Workers of India (NFIFWI) will be holding a 'Parliament March' on March 5, protesting the proposed m...