ICICI Prudential Life Insurance Company posted 1% rise in standalone net profit to Rs 305.55 crore in Q3 FY21 compared with Rs 302.46 crore in Q3 FY20.The insurance company s total income jumped 119% to Rs 28,760 crore in Q3 FY21 as against Rs 13,132 crore in Q3 FY20. The company s net premium income increased by 10.3% to Rs 8970.84 crore in Q3 FY21 over Q3 FY20. The result was announced after market hours yesterday, 27 January 2021.
The company s profit before tax stood at Rs 350.74 crore in Q3 FY21, 8.5% higher than Rs 323.16 crore in Q3 FY20. Current tax expense was sharply higher at Rs 45.19 crore in Q3 FY21 from Rs 20.7 crore in Q3 FY20.
Prannoy Roy, Arvind Subramanian On India s Economy After Pandemic: Full Transcript Prannoy Roy, Arvind Subramanian On India s Economy After Pandemic: Full Transcript Former Chief Economic Advisor Dr Arvind Subramanian discussed the state of the economy and economic policy-making with NDTV s Dr Prannoy Roy.
Arvind Subramanian, Dr Prannoy Roy discuss the present and post-Covid economic scenarios.
New Delhi:
How and when is the economy of India, the second worst coronavirus-hit country in the world, going to bounce back? What major policy decisions should the upcoming Budget have to cushion the blow? Dr Prannoy Roy and former Chief Economic Adviser Arvind Subramanian discuss the present and post-Covid economic scenarios.
Axis bank is making provisions from its earnings, but proceedings may yet not be initiated due to the SC order which has stayed NPAs during the pandemic
Itâs Budget Season. And That Means Talk of a âBad Bankâ Yet Again.
With the RBI governor open to taking a look at a proposal if it is presented, if we see one next week, surely a wider debate will be in order.
A woman walks past the Reserve Bank of India (RBI) head office in Mumbai. Photo: Reuters/Shailesh Andrade/
Economy26/Jan/2021
In a public lecture almost two weeks ago, Reserve Bank of India (RBI) Governor Shaktikanta Das stated that if a proposal for the creation of a âbad bankâ was put forward, the monetary regulator would look at it.
A fund-starved government will be better off looking at increased collections fuelled by an economic recovery and improved technology driven enforcement rather than through the introduction of new taxes, a KPMG survey showed on Wednesday. According to the pre-budget survey 2021-22, only 2 per cent of the respondents feel that raising taxes would be the solution to mobilise additional revenue for the government that sees an increase in its expenditure due to the pandemic. A majority (20 per cent) held that the Government s revenue needs can be met through increased collections fuelled by an economic recovery as well as improved technology driven enforcement (49 per cent).