Due to inflation concerns, some analysts had expected the RBI to switch its stance to “tighten” on Wednesday.Inflation worries have risen following a steep increase in global oil prices and a weakening rupee, plus a potential rise in consumer spending as India’s economy expanded at a robust 7.7 percent annual pace in January-March quarter.

Key feature of this product is that if a screen damage happens, customers get this pre-decided amount i.e. flat 20 per cent  of the invoice value of the phone.

PM Modi aims to initially provide three programs — old age pension, life insurance and maternity benefits, while leaving out unemployment, child support and other benefits — to most working citizens, government officials said,

Cost efficiency, high renewal premiums, better product mix and productivity and higher persistency helped the company record profits.