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Govt on track to meet fiscal deficit target of 6.4% for FY23: World Bank

The central government is on track to meet its fiscal deficit target of 6.4 per cent of the GDP for 2022-23 on the back of strong growth in revenue collections, the World Bank said in its India......

LIC to join league of top global insurance firms

Expected to list with m-cap of Rs 6 trillion — making it world’s fourth biggest. Illustration: Uttam Ghosh/Rediff.com When Life Insurance Corporation (LIC) of India gets listed on the......

Metals get their shine back

When the world was upended by the Covid-19 pandemic, metals got its shine back. Photograph: Reuters In the last two years, infrastructure spending by major economies spurred demand, energy......

Ahead of IPO, LIC's Q3 net profit zooms on surplus model change

Under the new model, the surplus distribution in the participating policyholders’ fund has been modified to 90:10 in a phased manner, wherein 90 per cent will go to policyholders and 10 per......

Govt needs to prioritise crop diversification: Survey

The farm sector has been resilient to the COVID-19 shock and is estimated to grow at 3.9 per cent this fiscal, the Economic Survey said on Monday, while suggesting to the government to give......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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