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SBI Life’s net profit rises by 5% to Rs390 crore in June quarter
The listed life insurer,though has seen its new business premium falling by three per cent y-o-y to Rs 3060 crore,has increased its gross premium income by 14 per cent y-o-y to Rs 7640 crore in Q1 FY 2021 mainly due to strong growth in renewal premium that has expanded by 30 per cent y-o-y to Rs 4580 crore in the reporting quarter.
Floods kill scores in India’s tea-growing Assam; nine rhinos drown
“Allow the merger of 3 PSU general insurers”:Officers’association urges Sitharaman
The proposed mega company,would have faced the the challenges posed by the private companies,who are indulging in unhealthy trade practices.The competitors – particularly from the private sector,had launched vilified campaign of ‘possible short-comings’ in the services rendered by these PSGI companies on account of proposed merger so as to en-cash the situation for expanding their market, said Confederation
Record single-day spike of 40,425 COVID-19 cases; India’s tally crosses 11 lakh
The death toll due to the disease rose to 27,497 with 681 fatalities reported in one day.India’s COVID-19 tally crossed the 11-lakh mark, just three days after it crossed the ten-lakh mark.According to the ICMR, a cumulative total of 1,40,47,908 samples have been tested up to July 19 with 2,56,039 samples being tested on Sunday.Of the 681 deaths reported in the last 24 hours, 258 were reported from Maharashtra, 91 from Karnataka, 78 from Tamil Nadu, 56 from Andhra Pradesh, 38 from Uttar Pradesh, 36 from West Bengal, 31 from Delhi, 20 from Gujarat and 15 from Madhya Pradesh.
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