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After disappointing results in Q1FY24, valuation support for LIC stock

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......

'ICICI Pru's focus is on value of new business growth'

'If through growth and serving the customer we become number one, we will be very happy and very proud.' Illustration: Uttam Ghosh/ Anup Bagchi, who took charge as managing director and......

Long-term prospects to strengthen investment in life insurance stocks

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......

Insurance companies yet to see fire sale of high-value life policies

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......

Poll star Sitharaman woos middle class, women with tax and savings sops

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......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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