Tag: lic

Biparjoy Cyclone: LIC announces relaxations for victims of cyclone
Posted in Finance

Biparjoy Cyclone: LIC announces relaxations for victims of cyclone

In order to lessen the miseries of LIC policy claimants and Pradhan Mantri Jeevan Jyoti Bima Yojana beneficiaries affected by the Biparjoy cyclone, LIC has…

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Irdai instructs insurers to ease, expedite claims settlement for victims of Odisha train accident
Posted in Finance

Irdai instructs insurers to ease, expedite claims settlement for victims of Odisha train accident

The Insurance Regulatory and Development Authority of India (Irdai) has issued guidelines that insurance companies must follow when settling insurance claims of victims of the…

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G-20: Lesson for G-20: Economic systems can’t go on sans robust health systems
Posted in Economy

G-20: Lesson for G-20: Economic systems can’t go on sans robust health systems

The ongoing COVID-19 pandemic broke one of the biggest illusions the world lived in—that economic systems can go on full steam even if we neglect…

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Finance Minister says stands by 2021 Parliament reply that SEBI was investigating Adani Group companies
Posted in Economy

Finance Minister says stands by 2021 Parliament reply that SEBI was investigating Adani Group companies

As a political row erupted over SEBI telling Supreme Court that it has not been probing the Adani group since 2016, the Finance Ministry on…

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Proposal for 5-day work week for banks: No banking on Saturdays if notified
Posted in Finance

Proposal for 5-day work week for banks: No banking on Saturdays if notified

Bank employees may soon work a five-day week i.e., Monday to Friday. The United Forum of Bank Employees and the Indian Banks’ Association (IBA) have…

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Who’ll finance Indian infrastructure after the Adani scandal?
Posted in Economy

Who’ll finance Indian infrastructure after the Adani scandal?

As the Adani Group grapples with uncomfortable scrutiny, there’s a palpable nervousness in India about what will happen next. In just over a quarter-century, the…

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LIC's debt exposure in Adani group companies dips marginally to Rs 6,183 crore as of March 5
Posted in Economy

LIC’s debt exposure in Adani group companies dips marginally to Rs 6,183 crore as of March 5

LIC‘s debt exposure in Adani group companies fell marginally to Rs 6,183 crore as of March 5 from Rs 6,347 crore as of December 31,…

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India commercial paper rates may rise further as liquidity dries up: Analysts
Posted in Economy

India commercial paper rates may rise further as liquidity dries up: Analysts

Indian companies may have to spend more to raise short-term funds via commercial papers as liquidity tightens further and government borrowings of similar tenure increase,…

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LIC Housing vs HDFC Vs PNB housing: Who is offering best interest rates on home loans?
Posted in Finance

LIC Housing vs HDFC Vs PNB housing: Who is offering best interest rates on home loans?

Several banks have raised their home loan lending rates immediately after the Reserve Bank of India (RBI) had hiked the repo rate by 25 basis…

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Life insurance stocks good bets now: 5 stocks with up to 37% upside potential
Posted in Finance

Life insurance stocks good bets now: 5 stocks with up to 37% upside potential

Budget proposals restricting tax benefits for non-Ulip insurance policies and increase in benefits in the new tax regime have heightened price volatility of insurance stocks….

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