Life Insurance Corporation of India (LIC) declared disappointing results in Q1FY24. While it reported a net profit of Rs 9,540 crore in Q1FY24, this was attributable to the transfer of Rs 7,490 crore from non-participating (non-par) products to shareholders' accounts due to the accretion on available solvency margin. In operational terms, annualised premium equivalent (APE) declined and value of new business (VNB) margin was flat. But the medium-term prospects may be better.
Once more women assume leadership roles and join the nation-building process, he said, adding they will become a guarantee of the country's bright future.
This brand of funny by the virtue of I-know-I-cracked-a-bad-joke doesn't quite tickle, says Sukanya Verma.
The board deliberated on the governance framework of the RBI and it was decided that the matter needs further examination
'...to bring the Global South and others to the negotiating table on the basis of Gandhi's non-violence so that we can leave a safer world for our children.'
ICICI Bank will honour top retailers and professionals for their innovations to satisfy and retain customers apart from increasing profits on Thursday.
'When you do some job for a few hours, you are hardly earning enough to survive.'
Pulbic banks have no reason to cheer Budget announcement.
India's top golfer will rub shoulders with the world's leading golfers in the May 20-23 Euro three million tournament.
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health and auto insurance related queries.
The deadline of March 31 has been postponed till the apex court delivers its final judgment.
Modi said there was a time when families would celebrate getting gas connections as if they have got home a Mercedes.
China has signalled that it will prevent India from assuming leadership of the Global South, observes Ambassador T P Sreenivasan.
The government is not in a "crazy rush" to sell everything and it will continue to have a presence in four strategic sectors, including telecom, Finance Minister Nirmala Sitharaman said on Saturday. In strategic sectors, a bare minimum presence of the existing public sector commercial enterprises at the holding company level will be retained under government control. The remaining enterprises in a strategic sector will be considered for privatisation or merger with another PSE or for closure.
The United Nations nuclear watchdog is contemplating to set up a reserve nuclear fuel bank for supplying fuel to countries, which have renewed interest in expanding their atomic energy programme.
The danger today, he said, is no longer, fortunately, one of a collapsing world economy. The danger today is one of complacency.
The Indian economy is estimated to grow at 7 per cent in the 2022-23 fiscal, down from 8.7 per cent a year ago, mainly due poor performance of mining and manufacturing sectors. As per the first advance estimates of national income released by the National Statistical Office (NSO) on Friday, the manufacturing sector output is estimated to decelerate to 1.6 per cent in the current fiscal from 9.9 per cent in 2021-22. Similarly, mining sector growth is estimated at 2.4 per cent in the current fiscal as against 11.5 per cent in 2021-22.
Pharma major Sun Pharma remained the worst loser in the Sensex pack for the second day in a row after reports that regulator Sebi may reopen the insider trading case against the company.
The chargesheet, filed in a special court in Mumbai, also names several other top officials of the bank.
Senior Congress leader Digvijaya Singh on Thursday claimed that contrary to the Bharatiya Janata Party and the Rashtriya Swayamsevak Sangh's "false propaganda" that the population of Muslim community was increasing in the country, the number of the minority community members vis-a-vis Hindus was fast declining, and added that he could prove it.
'The upper caste elite's belief that they are casteless is a belief that is available only to the upper castes. Because all the lower castes are reminded by society every day what their caste is.'
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Brand India's societal divisions and distortions have remained as much relevant in 'liberal' America and Europe as it still is in the structurally stratified Indian society of the 21st century, observes N Sathiya Moorthy.
The Karnataka government is also expected to follow suit and withdraw its decision to raise the variable DA.
Confident thief! A robber in the UK asked a taxi to wait for him as he went inside a bank and robbed it after which he made his getaway in the cab with thousands of pounds.
The government on Monday appointed former Sebi member Madhabi Puri Buch as chairperson of the Securities and Exchange Board of India.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
An estimated over 250,000 people saw British Queen Elizabeth II lying in state in London when her coffin was displayed for public viewing for a little over four days before the funeral, according to a report on Tuesday.
Udayanidhi has handed over to the BJP one real issue to draw the line between it and the INDIA alliance, predicts N Sathiya Moorthy.
"China creeps towards hegemony in Asia, threatens India's borders, and treats other countries as junior partners, Indian-American Congressman Ro Khanna said.
The Congress leader was brought to the jail on Thursday evening and he has got no special facilities, except a separate cell and a Western toilet as specified by the court, prison officials said. Like other inmates, he will also have access to the prison's library and can watch television for a specified period.
Thousands lined the route to catch a glimpse as Queen Elizabeth II's coffin, seen in public for the first time, made its journey on Sunday from Balmoral Castle in Aberdeenshire to arrive at the late monarch's official Scottish residence of Holyroodhouse Palace in the capital city of Edinburgh.
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
On paper, though, PBKS looks a tad more stronger than KKR.
Russia launched an all-out invasion of Ukraine by land, sea and air on Thursday.
