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PROFITABILITY IN INSURANCE
Life insurance sector outlook remains positive as protection, annuity products drive growth: ReportIndia's life insurance sector is expected to experience significant growth supported by increasing demand for various insurance products. T...
DIIs book profits in longest selling streak in 4 yearsDomestic institutional investors have recently unloaded more than ₹47,662 crore worth of equities amidst a market upswing. This shift showc...
Turtlemint Q2 net loss narrows 67% to Rs 26 crore, revenue rises 35%The improvement was driven by an expansion in insurance distribution through Turtlemint's network of advisors, alongside higher renewal inc...
Fairfax's Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouseFairfax Financial Holdings has successfully acquired a controlling stake in IDBI Bank for Rs 52,878 crore. The investment aims to redefine ...
Stocks in news: Tata Power, Cupid, Garden Reach, ITC, Aurobindo Pharma and Vodafone IdeaIndian benchmark indices have extended their winning streak, closing positively after the Muhurat trading session. Key stocks such as life ...
IRDA's new consultation paper proposes major reforms to improve insurance distribution and reduce complaintsIrda's recent consultation paper aims to restructure insurance distributor commissions to enhance market efficiency and penetration. The re...
These 7 private and public banking stocks have an upside of up to 20% in one year, according to analystWhen FPI money returns, there are two parts of the market that tend to draw it first: Financial services broadly, and banks within it. So t...
HSBC, Citi turn bullish as Indian stocks draw record inflowsGlobal banks are turning more positive on Indian stocks, indicating potential for continued growth and record foreign inflows. Recent data ...
NBFCs eye rate hikes, higher fees to offset insurance income hitNon-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes. This adjustm...
LIC to step up focus on non-par savings, protection productsLife Insurance Corporation of India is enhancing its focus on non-participating savings and protection products. This strategy aims to cont...
Risk-off mood sweeps European stocks as AI concerns deepenEuropean markets saw a 1% dip as a wave of selloffs hit insurance stocks following a Democratic victory, raising concerns around the stabil...
LIC shares fall 3% as Q2 VNB misses estimates. Jefferies cuts target but lists 3 reasons to buy the stockLIC reported a 20% year-on-year rise in Q2 consolidated net profit to Rs 12,115 crore, while net premium income grew 16% to Rs 1.47 lakh cr...
Indian stocks set for pullback after sharp rally on oil slide, foreign inflowsIndian markets are likely to experience a decline on Friday following a global market selloff. Investor concerns are rising due to the impa...
LIC net profit jumps 20% YoY to Rs 12,076 crore on higher premiumsLife Insurance Corporation of India reported a 20% year-on-year increase in net profit for the September quarter. Net premium income rose b...
Stocks in news: Bharti Airtel, LIC, Titan, ONGC, Bharti Hexacom, Glenmark Pharma and AstralIndian equity markets continued their upward trend, highlighted by the Nifty 50 gaining 576 points. Bharti Airtel, LIC, and Titan Company r...
Go Digit says IRDAI's EoM rules led to unintended rise in commissionGoyal said that the existing Expense of Management (EoM) framework had failed to achieve its intended objective of reducing expenses, with ...
Go Digit posts 31% dip in net profit to Rs 142 croreThe company’s management had previously noted that in the last five years there has been no increase in third-party motor insurance rates, ...
LIC Q2 Results: Profit jumps 20% YoY to Rs 12,115 crore, NPI grows 16%LIC Q2 Results: Life Insurance Corporation of India (LIC), the country's largest insurer, reported a nearly 20% rise in consolidated net pr...
Niva Bupa Q2 YoY profit after tax soars 124%Niva Bupa Health Insurance reported an impressive 124% year-on-year profit surge in the second quarter, leading to a profit after tax of ₹1...
Bajaj Finserv shares rise 2%, extend gains after Q2 results. Why Jefferies reduced target price but still sees 34% upsideBajaj Finserv shares had gained around 2% on Tuesday as well after the company announced the earnings, reporting a 17% YoY increase in reve...