The share of Life Insurance Corporation of India (LIC) in monthly new business premium (NBP) in the life insurance sector declined to 58.50 per cent in September 2023 from 68.25 per cent in September 2022 -- a drop of 975 basis points -- owing to shortcomings in the product and distribution side of business. However, the market share saw a marginal uptick from the 57.37 per cent recorded in August this year. According to the monthly business data released for September 2023 by the Life Insurance Council, the NBP of LIC up to September 2023 stood at Rs 92,462.62 crore as compared to about Rs 1.25 trillion in the same period a year ago.
The Village starts off pretty well, but it required something more convincing than a bunch of creepy Gollum-like monsters to deliver the impact it should, observes Divya Nair.
The landmark Air India-Boeing deal will create up to 1 million jobs across 44 states in the US and will further deepen bilateral ties, President Joe Biden has told Prime Minister Narendra Modi. Boeing and Air India announced a mega deal on Tuesday under which the Tata Group-owned airline will purchase 190 B737 MAX, 20 B787, and 10 B777X for a total of 220 firm orders valued at $34 billion at list price. The deal will also include customer options for an additional 50 Boeing 737 MAX and 20 Boeing 787, totalling 290 airplanes for a total of $45.9 billion at the list price.
What are the warning signs of heart disease? How can we correct our lifestyle in order to improve our cardiac health and that of our loved ones?
After their colleagues had departed following breezy fifties on a good M Chinnaswamy Stadium track, Iyer (128 not out) struck his fourth ODI ton before Rahul (102) exploded as the duo lit up the stage on the Hindu festival of Diwali to get India to 410-4.
The son of Max Mosley, president of Formula One's governing body, has been found dead at his home in London, a police source said on Wednesday. Alexander Mosley, 39, an economist, was discovered by a relative on Tuesday at his house in the Notting Hill area of west London, the Sun said on its website.
Spanish veteran Feliciano Lopez extended his career by at least one more day with an emotional victory at the Mallorca Open.
The Indian telecom boom is not only about numbers. In what is the first of its kind in the domestic telecom industry, telecom operator Aircel will deploy WiMax networks in all 23 circles across the country.
Brazilian Rebeca Andrade won gold in the women's vault at the Artistic Gymnastics World Championships in Antwerp on Saturday after a fall by Simone Biles denied the American another win.
Ahead of the ICC Men's ODI World Cup 2023, here's a full list of the final squads of all ten teams.
Charles Leclerc swept to pole position for the Mexico City Formula One Grand Prix on Saturday with Carlos Sainz qualifying second in a surprise Ferrari front-row lockout.
From moments that felt long time in the coming to swashbuckling statements that could be interpreted in more ways than one, there are some that fanned our nostalgia, some made our jaws drop (or stomachs churn), some hit too close home, still others left us with a lingering sense of guilt. Sukanya Verma picks cinematic imagery that stood out in 2023.
Verstappen's hopes of a record-extending 11th successive victory looked a long shot on a city circuit where overtaking is never easy.
Travelling from airport to Navrangpura, at the heart of the city and then to Motera at the other corner, not for once did it feel like there is a marquee cricket match being hosted in the city, tickets of which are already sold out.
The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterprises Ltd and Culver Max Entertainment (earlier known as Sony Pictures Networks India). This order by the Mumbai bench, headed by H V Subba Rao and Madhu Sinha, will pave the way for the creation of a $10-billion media company, the biggest in the country. The tribunal also dismissed all objections regarding the merger.
All the action from soccer matches played in Europe on Monday.
Seven times world champion Lewis Hamilton was seventh for Mercedes and Lance Stroll collected the final point for Aston Martin.
General Motors India on Wednesday launched a special edition version of premium mid-size car Chevrolet Optra to strengthen its position in the entry-level luxury segment.
A German court has ordered Google to block search results in Germany linking to photos of a sex party involving former Formula One boss Max Mosley. The court said on Friday that although Google had not taken the pictures it was responsible as a distributor of the images.
Rishabh Pant has been shifted from the ICU to the private ward of the Max Hospital in Dehradun following an improvement in his condition.
Having already played their opening encounters in the ongoing cricket World Cup, it is time for New Zealand and the Netherlands to venture deep into the tournament as they face each other in Hyderabad on Monday.
All the six packs in the world can't compensate for an unenthusiastic performance, sighs Sukanya Verma.
Union minister of state for agriculture and consumer affairs K V Thomas launched the facility at a function in Kochi on Saturday.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
Tiger feels skinny... Patra goes retro... Shehnaaz's beach vibe...
New airline Akasa Air on Monday said it is on track to receive its first Boeing 737 Max plane by mid-June and launch commercial operations by July. The airline on Monday released the photographs of its first Max plane from the Boeing production facility in the USA's Portland as it gets ready for delivery. "The airline recently reaffirmed its commitment of being on track to receive its first aircraft in India by mid-June and launch commercial operations in India by July 2022," its statement mentioned.
US attorney's office in a statement said that the incident took place on a flight from Honolulu to Boston in May last year.
The Dutch driver won the race at Suzuka, with Leclerc demoted from second to third behind Red Bull's Sergio Perez for cutting the final chicane while defending from the Mexican on the last lap.
From staying under the radar in the lead-up to the World Cup to becoming high-flyers, South Africa have started playing to potential and are firm favourites against the Dutch.
Japanese automaker Isuzu Motors launched a multi-utility pickup truck targeting small and medium entrepreneurs, which will be priced in the range of Rs 7000,000 - 800,000.
The total investment in the three farms of Leeu Estates is said to be $35 million.
Fresh from posting 399 in their previous game, South Africa batting was on fire yet again at the cost of Bangladesh who endured a 149-run rout.
Lewis Hamilton has signed a new contract with Mercedes and will continue to partner compatriot George Russell in 2024 and 2025, the team said on Thursday.
Verstappen won a sprint race on Saturday to put Red Bull on pole position
The Directorate General of Civil Aviation (DGCA) on Tuesday suspended Air India's Boeing simulator facility in Mumbai after finding certain alleged lapses during a spot check, a DGCA official said. The pilots, who were scheduled to undergo refresher courses at the Mumbai facility, will now not be able to do so.
After six draws in a row, Praggnanandhaa was relieved after the victory, a result of Gupta's blunder under time pressure.
Air India on Tuesday signed agreements with Airbus and Boeing for acquiring 470 planes for an estimated $70 billion at list prices. The Tata Group-owned airline had announced that it will buy 470 aircraft, including wide-body planes, in February this year. The "firm orders include 34 A350-1000, 6 A350-900, 20 Boeing 787 Dreamliners and 10 Boeing 777X widebody aircraft, as well as 140 Airbus A320neo, 70 Airbus A321neo and 190 Boeing 737MAX narrow-body aircraft," the airline said in a release.
Verstappen suffered two retirements from the first three races but has otherwise finished all but two rounds in the top three.
Charles Leclerc put Ferrari on pole position for Sunday's US Grand Prix after Red Bull's triple Formula One world champion Max Verstappen had a faster lap deleted for exceeding track limits and dropped to sixth on the grid.
The Securities Appellate Tribunal (SAT) on Thursday questioned market regulator Sebi's credibility on completing its investigation within a stipulated time in the Zee Entertainment Enterprises' (ZEEL) matter. SAT was hearing Zee's plea against Sebi's order baring Zee Entertainment Enterprises' Punit Goenka and Subhash Chandra from holding any key managerial positions in the company and other organisations for allegedly siphoning off funds of the media firm. "There is no certainty that these eight months won't be extended. ...past record of Sebi is that they have always extended it (investigation).
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