Private life insurance companies seem to be on a secured path to growth

Private life insurers experienced reasonable growth in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24), and the October data is also encouraging. Illustration: Uttam......

High-value insurance policies in the slow lane after tax overhaul

High-value insurance policies experienced muted growth in the first six months of the current financial year after the Centre decided to tax such products in this year’s Budget.......

India Inc net profit share in GDP now just shy of 5% after robust Q2

India Inc’s net profit as a percentage of the country's gross domestic product (GDP) is just shy of reaching 5 per cent, bolstered by strong earnings growth in the second quarter of 2023-24.......

RBI rule on unsecured loans to hit lenders' capital, loan growth: Analysts

The Reserve Bank of India's (RBI's) latest order on unsecured loans is set to hit the banking sector's growth in the near-term, cautioned analysts, as they see banks slowing down on aggressive......