by AIP Online Bureau | May 28, 2025 | Eco/Invest/Demography, Indian News, Life
LIC on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. New Delhi: Shares of state-owned insurer Life Insurance Corporation of India (LIC) on Wednesday surged nearly 9 per cent...
by AIP Online Bureau | Sep 17, 2024 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
“The wealth of rich Indians is growing at a rapid pace; between FY19 and FY24, the number of Indians earning over Rs50 mn grew by 49 percent to 58,200, while those earning over Rs100 mn increased by 63 percent to around 31,800,” said the report New Delhi:...
by AIP Online Bureau | Aug 18, 2024 | Indian News, Intermediaries, Life
LIC has 13,90,920 agents across the country. Among the larger states, Uttar Pradesh had the maximum number of LIC agents at over 1.84 lakh with an average monthly income of Rs 11,887. Maharashtra had more than 1.61 lakh LIC agents with an average monthly income of Rs...
by AIP Online Bureau | Aug 9, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News, Risk Management, Workplace/Employee Benefits
While heat wave was a recurring theme in many earnings transcripts, high raw-material costs driven by geopolitical tensions in the Middle East and disruptions to shipping routes were also significant factors Mumbai/New Delhi: India’s sweltering summer is the latest...