The paid-up share capital of the proposed company will be Rs 27...
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ICICI Lombard’s net profit slips 2% to Rs 510 crore in Q4FY 25
Sanjiv Mantri, MD &CEO, ICICI Lombard General Insurance. The...
ICICI Pru Life’s net profit more than doubled to Rs 386 crore in Q4
ICICI Prudential's value of new business (VNB), or expected profit...
Godavari turns ferocious, record flood expected in next 3 days
`As per the information available right now, the flood flow may touch 20 lakh cusecs by Friday evening and go further up the next day. We have been asked to prepare for a flood of up to 28 lakh cusecs,'' a district Collector told PTI over phone Amaravati: Andhra...
Proportion of unmarried youth rising, finds govt survey
India's population, which reached 1,211 million in 2011 and is projected to reach 1,363 million in 2021 makes India one of the youngest countries in the world, with 27.3 per cent of its population aged 15-29 years, i.e., youth, Ministry of Health & Family...
India’s first case of monkeypox reported from Kerala
Union Ministry of Health & Family Welfare has rushed a high-level multi-disciplinary team to Kerala to collaborate with the State Health Authorities in instituting public health measures in view of the confirmed case of Monkey Pox in Kollam district of Kerala...
LIC improves its embedded value to Rs.5,41,492 crore as of March 22, VNB margin rises to 15.1 per cent
MR Kumar, chairman,LIC LIC's VNB (Value of New Business ) margin, for the year ended Fy 2021-22 is 15.1 per cent as compared to VNB margin of 9.9 per cent for Fy 2020-21 The corporation's VNB for year ended March 31, 2022 has been calculated to be Rs 7,619 Crore...
With 9% growth, India will be the 6th largest insurance market globally in 10 yrs: Swiss Re report
``We forecast that premiums will grow by an average 9% per annum (in real terms) over the next decade, stronger than the 7.5% annual average of 2015–2021. At this rate, India will be the 6th largest insurance market in the world by 2032, ahead of Germany, Canada,...
Govt announces free Covid booster doses for 18-59 age group for 75 days from July 15
In a tweet, Union Health Minister Mansukh Mandaviya said, "As part of Azadi Ka Amrit Mahotsav celebrations, free COVID-19 precaution dose will be administered to all the citizens above the age of 18 years at government vaccination centres from July 15 for the next 75...
Axis MF scandal set to hit $465-bn asset management industry
Mutual funds, which fall somewhere between high-risk stock trading and low-return bank deposits, have offered an attractive proposition to both young and risk-averse older investors in India. The industry has grown nearly five-fold in the last decade, with over 37...
India to submit new climate targets to UN ahead of COP27 talks
The South Asian country is preparing to put forward the document — an obligation under the Paris Agreement — in September, according to people with knowledge of the matter, just weeks before crucial COP27 climate talks in Egypt New Delhi: India is set to finally...
Andhra Pradesh rejoins crop insurance scheme PMFBY from this kharif season
Union Agriculture Minister Narendra Singh Tomar said with this important decision, crops of more than 40 lakh farmers of the state will get insurance cover in case of natural calamity New Delhi: Andhra Pradesh has decided to rejoin the Pradhan Mantri Fasal Bima Yojana...
MHA adopts modified policy for appointment on compassionate ground
“ A holistic assessment of the financial condition of the family has to be made taking into consideration factors like presence of earning member(s), size of family, age of children and the financial needs of a family,” the guidelines said New Delhi: The Union Home...