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......
'If through growth and serving the customer we become number one, we will be very happy and very proud.' Illustration: Uttam Ghosh/Rediff.com Anup Bagchi, who took charge as managing director and......
The 2023 Budget set off a downtrend in the listed life insurance company stocks. The key reason was a proposal to tax income from insurance policies (other than unit-linked insurance plans or......
Many life insurance companies are yet to see a sharp spike in the sale of high-value policies as was widely expected in the aftermath of the government’s decision to tax income from insurance......
In the Modi government's last full Budget before general elections, Finance Minister Nirmala Sitharaman on Wednesday unveiled tax rebates and saving plans to woo the middle class, women and......