"Second order (effects) would be important," said Finance Secretary...
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Life insurers record marginal 5% rise in new premium collection in FY25, no of policies sold fell 7%
LIC's total new business premium rose just two per cent Rs 2.26...
SBI Gen’s net profit more than doubled to Rs 509 crore in FY 25
Naveen Chandra Jha, MD & CEO, SBI General Insurance  Naveen...
EPFO’s Rs 1.59 lakh crore investment in ETFs rises to Rs 2.26 lakh crore
The EPFO invests 85 per cent of the funds in debt instruments and 15 per cent of the investment is made in ETFs, as per the investment pattern notified by the government New Delhi: Retirement fund body EPFO has invested Rs 1,59,299.46 crore in Exchange Traded Funds...
Lok Sabha passes dill to promote non-fossil fuels
It also seeks to introduce new concepts such as carbon trading and mandate the use of non-fossil sources to ensure faster decarbonisation of the Indian economy and help achieve sustainable development goals in line with the Paris Agreement The amendments also seek to...
Equity mutual funds’ inflow drops 43% to Rs 8,898 crore in July
The net inflows in July were lower compared to the net inflow of Rs 15,495 crore seen in June, Rs 18,529 crore seen in May and Rs 15,890 crore in April, according to data released by Association of Mutual Funds in India (Amfi)on Monday Overall, the mutual fund...
General insurers start chasing IRDAI’s premium targets
General insurers posted a 20.82 percent growth in premium collection at Rs. 77,884 crore during the four-month period-till July- as against a 23 percent growth at Rs. 54,492 crore in the three-month period ended June 2022. After de growing in June, state owned...
Drought Risk: Soren seeks special package for J’khand, Bihar MP asks Centre to declare state drought-hit
Hemant Soren,Chief Minister,Jharkhand "This year, the state so far registered 50% deficit rainfall, with less than 20 per cent of the paddy sowing target achieved. Jharkhand is inching towards drought. I urge the Centre to approve a special package for Jharkhand in a...
Irdai to revamp grievance redressal mechanism, to rename it ‘Bima Bharosa’
The robust and effective mechanism would allow easy on-boarding of the complainant and s/he has to fill only eight mandatory fields to lodge the grievance. The landing page is simple with a clean design. It focusses on two actions -- namely 'register a new complaint'...
28 cos secure Sebi’s clearance to float IPOs worth Rs 45,000-cr in Apr-Jul FY23
Small towns and cities who have done a fantastic job of growing their business but have never thought of monetizing their efforts are now gearing up for the move. Hence we see many applications being filled with the regulator,'' Motilal Oswal Investment Advisors' Tare...
FPIs buy shares worth Rs 14,000 cr in a week amid softening dollar index
The recent correction in the Indian equity markets have also provided a good buying opportunity, and FPIs have been taking advantage of the same by hand-picking high quality companies, he added. New Delhi: After turning net buyers last month, foreign investors...
Revamped plan to check air pollution in Delhi-NCR to come into force from October 1
If the situation turns ''severe'' (Stage III), authorities will have to enforce a ban on construction and demolition activities in NCR, except on essential projects (like railways, metros, airports, ISBTs, national security/defense-related projects of national...
Take prompt action to prevent disasters during monsoons: Kerala HC to state govt
The high court said, ''Torrential rains in the state of Kerala cause disaster in many places due to landslides, denudation of water etc. There are damages to the property of people residing in poramboke lands, colonies, hillslopes, isolated locations, plantation...