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.
India fielding coach T Dilip confirmed that Shreyas Iyer has been ruled out of the three-match ODI series against Australia.
The police have booked two persons for culpable homicide in the incident.
Chief Judicial Magistrate MJ Khan sent Patel in the custody of the special investigation team formed by the state government to probe the case till February 8.
Union Minister Kiren Rijiju on Tuesday said the Congress and other opposition parties have brought the no-confidence motion against the Narendra Modi government in the Lok Sabha at a 'wrong time and in a wrong manner'.
One of its lovemaking sequences, featuring the film's leading man Cillian Murphy and Florence Pugh, has triggered off an uproar.
The Central Bureau of Investigation on Friday took into custody three railway personnel in connection with the June 2 Balasore train accident, making its first arrests in the case, officials said.
The charge-sheet, which runs into more than 1,200 pages, was filed in the Morbi sessions court by Deputy Superintendent of Police P S Zala, who is the investigating officer of the case.
The decline of over 5 per cent in PB Fintech's shares (the parent company of PolicyBazaar) in the past two days presents an opportunity for long-term investors to consider buying the stock, suggest analysts. By comparison, the benchmark S&P BSE Sensex has remained flat during the same period with a negligible gain of 40 points, or 0.06 per cent. Analysts believe that the recent selling is "overdone", as the company behind the online insurance portal remains committed to achieving profitability, and the potential threat from the government's online insurance portal, Bima Sugam, might be embellished.
rediffGURU Dr Hemalata Arora offers advice on how to improve your overall health and wellness.
The Supreme Court has ordered the sacking of a trial court judge in Karnataka, holding that a judicial officer cannot pronounce the concluding portion of a judgment in the open court without the entire text of the judgment having been prepared or dictated.
While Ekta Bhardwaj, 31, died Thursday night, the body of Sunita Srivastava was recovered on Friday, officials said, adding that operations by rescue personnel at the incident site are still on.
'With the current situation in the global job market, students come back with an added burden of educational loans.'
Even as India overtakes Japan in automotive sales in 2022, moving to third place for the first time, oddly enough the country's biggest motor show is going to see some big hitters give it a clear miss. Some prominent automotive brands have cited high event costs, negligible returns on investment, poor event management, and unfavourable location as reasons for their reluctance to participate. Major pure-play electric two-wheelers, too, are riding past this year's edition of the Auto Expo.
The Opposition party asked whether the prime minister will take responsibility for the 'deadliest rail tragedy' of this century.
A 14-year-old girl was allegedly murdered and her body was burnt in a coal furnace in Rajasthan's Bhilwara district, the police said on Thursday.
Close on heels of the launch of Gift Nifty (earlier SGX Nifty), domestic exchanges are pushing for extension of trading hours for the onshore derivatives market, said sources. Bourses are waiting for a final approval from market regulator Sebi on the proposal to keep the derivatives market open for longer hours, they said. The move is aimed at attracting more trading members for onshore futures and options (F&O) contracts amid risk that global investors could prefer trading at Gift City given the tax benefits.
Actively-managed large-cap mutual fund (MF) schemes have managed to regain some lost sheen this year after faring poorly in the 2022 calendar year (CY22). At the end of the first six months (H1) of CY23, 78 per cent of the active large-cap schemes were ahead of the Nifty50 index funds as against just 26 per cent in 2022. When compared to the Sensex index funds, 61 per cent active funds have delivered better returns, shows an analysis of Value Research data.
The current social realities and challenges have been addressed in the new Bhartiya Nyaya Sanhita 2023 that will provide a mechanism for effectively dealing with such crimes and criminals and also having a deterrent effect, officials said on Saturday.
Bharatiya Janata Party's southern ally Al India Anna Dravida Munnetra Kazhagam on Wednesday reiterated its stand against the implementation of the Uniform Civil Code.
The sessions court instead included the offence of causing death by negligence against the IAS officer and a similar order was passed with regard to co-accused Wafa Feroze in the case, the public prosecutor dealing with the matter said.
Gukesh aims to keep improving after becoming India No 1 without sponsorship support
'The positive test relates to the substance Furosemide, which is not a performance enhancing substance, and Zubayr has been able to identify how the substance entered his system.'
The judges reserved the verdict on Monday after the rival lawyers concluded their arguments on the suspension of the three-year sentence handed down to the 70-year-old PTI chairman by Additional District and Session Judge, Islamabad, Humayun Dilawar on August 5.
A constable and a Home Guard jawan, who reached the spot after the first accident of a collision involving two vehicles, were among those killed in the incident, they said.
'The ITIA accepts that the player did not intend to cheat, that his violation was inadvertent and unintentional, and that he bears no significant fault or negligence for it.'
Ajanta Manufacturing Limited (Oreva Group) was responsible for the operation and maintenance of the British-era suspension bridge on the Machchhu river in Morbi that collapsed on October 30 last year, days after its repairs.
'I understand some people are comfortable getting a Covishield shot as their third dose.'
India's services sector growth accelerated in April, as strong demand conditions resulted in the fastest increase in new business and output in close to 13 years, a monthly survey said on Wednesday. The pick-up in demand occurred in spite of escalating price pressures. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 57.8 in March to 62.0 in April, signalling the fastest expansion in output since mid 2010, amid a pick-up in new business growth and favourable market conditions.
A vaccinator allegedly used the same syringe to administer anti-COVID-19 vaccine to 39 children at a private school in Madhya Pradesh's Sagar city, officials said.
He said his biggest takeaway from the Kargil war is that the enemy cannot be trusted even if there is "political show" of friendship.
Anyone endangering sovereignty or integrity of India may get a maximum punishment of life imprisonment while those involved in mob lynching and rape of minor may be given the maximum punishment of death sentence.
Dr Anahita had only worn the shoulder harness from the back and had not adjusted the lap belt, police said.
Many films and shows go back in time to bring alive so many fading and forgotten memories.
The Supreme Court has agreed to hear on May 17 an appeal by some of the family members of those killed in the 2008 Jaipur serial blasts challenging the Rajasthan high court verdict acquitting four men, who were handed down death penalty by a trial court in the case.
Cooler weather meant that demand for milk products and value-added items like buttermilk and ice-cream did not show the usual rise.
The airline said it has filed a police complaint about the incident, but did not specify when the 30-day ban came into effect.
The TV news anchor arrested and released on bail over a misleading video of Congress leader Rahul Gandhi was not named as an accused in the first information report (FIR) lodged by the Uttar Pradesh, just minutes before they reached his home in Ghaziabad.
With increasing incidents of electric two-wheelers catching fire, Union minister Nitin Gadkari on Thursday said the companies found negligent will be penalised and a recall of all defective vehicles will be ordered after receiving the report of an expert panel that has been formed to enquire into the matter. In a series of tweets, Gadkari said several mishaps involving electric two-wheelers have come to light in the last two months. "We have constituted an expert committee to enquire into these incidents and make recommendations on remedial steps.
This is not the first time the Nagpur Jail authorities are being accused of negligence towards their inmates.
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