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LIC GROWTH STATISTICS
Life insurers log 16% premium growth in FY26 on GST relief, shift to high-margin productsIndia’s life insurance industry recorded a 16% rise in new business premiums to ₹4.59 lakh crore in FY26, driven by GST exemption benefits,...
Bank credit growth slows, deposits stay steady in FY26Bank credit growth has slowed to 1.4% in FY26 so far, compared to 2.3% last year, while deposit growth remains steady at 3.4%. Corporate cr...
Rate-sensitive auto, realty stocks surge up to 3%, banks decline after RBI MPC cuts repo rateStocks in rate-sensitive sectors reacted mixed to the RBI's 25 bps repo rate cut to 6.25%. Auto and real estate stocks surged, with gains o...
LIC MD Raj Kumar on rising market share, falling VNB margins & more“In Q1, it looks like there is a dip by about 2% in market share, but if you compare it with the March 2022 figures and the June figures, i...
View: Recession may be avoided, but stagflation may be on the cardsThe outlook is clouded by the possible impact of geopolitical tensions on commodity prices, particularly oil, and hence on inflation and gr...
Centre's fiscal deficit reaches half of Budget estimates during April-December periodThe Controller General of Accounts data showed the government received Rs 17.61 lakh crore (89.1% of the corresponding BE 2021-22 of total ...
Union Budget 2022: Even LIC IPO may not rescue FY22 divestment aimAssuming the government manages to pull of the stake sale in LIC, the step could lead to receipts of around Rs 80,000 crore to Rs 1 lakh cr...
SGX Nifty up 110 points; here's what changed for market while you were sleepingAsian share markets opened higher on Tuesday as part of a global rally on renewed economic optimism, despite worries over the lingering pan...
Want to revive demand? Put money in hands of masses, not classes: ChidambaramWe will have to put money in the hands of people who do not have a high propensity to save, if you put money in my hand I will save the bul...
View: The success of govt's balancing act will depend on execution of the privatisation planThe budgeted increase in asset sales is undoubtedly a win-win for GoI, and can help balance the twin objectives of macroeconomic stability ...
Share market update: These stocks defy positive market mood, plunge over 5%The NSE Nifty index was trading 98 points up at 11,655, while the BSE Sensex was up 343 points at 38,594 around 10:25 am.
Stock market update: MACD shows Orient Refractories, Zee Entertainment, Piramal Enterprises, National Fertilizer among 45 stocks ready to rallyOn the other hand, 33 counters showed bearish crossover on NSE.
Nifty may scale 8000 on strong foreign inflows, growth numbersAnalysts say investment activity has gathered pace and consumers have begun spending again, indicating the worst slowdown of the last decad...
Narendra Modi euphoria on Sensex? Indian investors are selling, FIIs buyingThose who can vote are quitting the market, while those who cannot vote — the FIIs — are getting in. This is not exactly voter euphoria.
- Markets over-reacted to the US downgrade
Hopes that the weekend would give stock markets across the world time to digest rating agency Standard and Poor's downgrade of longterm US ...
- PSU fund houses score over pvt biggies in asset growth
Public sector mutual fund houses account for just a fifth of the total assets under management (AUM). But in relative terms, they have had ...
- Plenty room for housing finance companies
Amidst struggling realty market investment in housing finance companies is expected to fetch decent returns in a volatile market. Huge unta...
- UTI AMC to go for strategic partner, defers IPO indefinitely
Mutual funds major, UTI AMC, is scouting for a strategic partner and has deferred indefinitely its plans for an IPO in the face of bearish ...
- LIC suggests ‘innovative’ products for rural clients
LIC has mooted that insurance cos come together as a ‘virtual corporation’ offering an integrated micro-insurance product combining life, h...
- Buy the way: LIC hikes stake in five blue chip cos
Insurance behemoth Life Insurance Corporation (LIC) has been on a buying spree of late, hiking its stake in blue chip companies.