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Business News: FM Nirmala Sitharaman reviews progress of proposed LIC IPO

FM Nirmala Sitharaman reviews progress of proposed LIC IPO : Rashtra News #Nirmala #Sitharaman #reviews #progress #proposed #LIC #IPO Finance minister Nirmala Sitharaman on Friday reviewed the progress of the proposed initial public offering (IPO) of Life Insurance Corporation of India (LIC). The review comes amid hectic preparations for the upcoming budget. The government has

India , Anurag-jain , Tuhin-kanta-pandey , Life-insurance-corporation-of-india , Department-of-investment , Nirmala-sitharaman , Life-insurance-corporation , Public-asset-management , Debasish-panda , Budget-2022 , Business , Cabinet

National News: bpcl: Centre puts BPCL privatisation on the backburner for now, SCI sale review to be undertaken | India News – Rashtra News

bpcl: Centre puts BPCL privatisation on the backburner for now, SCI sale review to be undertaken | India News - Rashtra News : Rashtra News #bpcl #Centre #puts #BPCL #privatisation #backburner #SCI #sale #review #undertaken #India #News #Times #India NEW DELHI: The Centre has put the privatisation of state-run refiner BPCL on the backburner for

Russia , India , Ukraine , Department-of-investment , Corporation-of-india , India-news , Rashtra-news , Shipping-corporation , Anil-agarwal , Public-asset-management , Sports-news

IRDAI asks LIC, other insurers to remain open on Saturday, Sunday

"In order to avoid any hardships to policyholders, the insurers are hereby advised to keep their offices open as per normal working hours on March 30, 2024 and March 31, 2024," IRDAI notification stated.

India , Licindiaforever , Development-authority-of-india , Income-tax-department , Insurance-regulatory-development-authority-of-india , Insurance-regulatory-development-authority , Insurance-regulatory , Development-authority , Reserve-bank , Lic , Insurance-companies , Tax-saving

LIC to keep offices open on March 30, 31

LIC's measure follows the announcement by banks that their branches will remain open on Saturday and Sunday.

Life-insurance-corporation , Insurance-corporation , Lic , Business , Companies ,

LIC largest holder of G-secs, equities, household savings: Report

LIC largest holder of G-secs, equities, household savings: Report : Rashtra News #LIC #largest #holder #Gsecs #equities #household #savings #Report The IPO-bound national insurer LIC is not only the largest holder of government debt -- owning 19 per cent of the G-secs -- but also the single largest owner of equities, the largest fund manger

Switzerland , Swiss , Reliance-industries , Infosys , Reserve-bank , Equities , G-secs , Gsecs , Hdfc-bank , Holder , Household

LIC world's strongest insurance brand: Brand Finance Insurance report

The report said that LIC's brand value remains steady at USD 9.8 billion, accompanied by a brand strength index score of 88.3 and an associated AAA brand strength rating.

Ping-an , Jilin , China , Germany , Australia , France , Denmark , India , Chinese , Allianz , Life-insurance-corporation-of-india

LIC gets GST demand notice of Rs 178 crore

The company has received a communication/demand order for interest and penalty from the Additional Commissioner, Central GST & Central Excise Jamshedpur, LIC said in a regulatory filing.

Dehradun , Uttaranchal , India , Ahmedabad , Gujarat , Jamshedpur , Jharkhand , Services-tax , Life-insurance-corporation-of-india , Brand-finance-insurance , Insurance-corporation

bank stocks: Corrections are short term, focus on fundamental tailwinds: Banking stocks that may deliver more than 20% returns

Why should the decision which traders take, should not be copied by investors? Simple, traders are looking to generate income from short term movement in stocks, whereas investors focus has to be generating wealth from long term trend in growth of business. But the fact is that short term narratives which are essentially governed by technical factors, tend to affect a lot of investors also and that is what leads to decisions which should have been avoided. In the last three weeks, not even one sector has been spared by bears, they were seen across the street. So, while traders should bother about the fact that what has happened to bank stocks in the short term, investors should focus on whether the health of the banks both in terms of NPA’s and credit growth has been better or not. If that answer is yes, which at this point of time it is then what is happening to bank nifty should not bother an investor.

Market-research , Unlimited-access , Economic-times , Saver-sale , Membershipclaim-offer , Economic-times-stories , Industry-trends , Virtual-events , Markets-news , Lic , Hul

Which domestic insurance companies have been identified as systemically important for financial stability of the economy in FY2023-24?

D-Slls are perceived as insurers that are 'too big or too important to fail'. This perception and perceived expectation of government support may amplify risk-taking, reduce market discipline and increase the possibility of distress in the future. These considerations require that D-Slls be subjected to additional regulatory measures to deal with systemic risks.

India , Life-insurance-corporation-of-india , India-assurance-co , Insurance-corporation-of-india , New-india-assurance , Life-insurance-corporation , General-insurance-corporation , Domestic-systemically-important-insurers , Systemically-important-insurers , Lic , Gic

Business News: Budget RE Discounts Proceeds from LIC IPO

Budget RE Discounts Proceeds from LIC IPO : Rashtra News #Budget #Discounts #Proceeds #LIC #IPO The Centre has not accounted for proceeds from the initial public offering (IPO) of Life Insurance Corporation (LIC) in its revised budget estimates. Officials said though the attempt is to complete the listing in this financial year, the process could

India , Air-india , Life-insurance-corporation , Exchange-board-of-india , Neelachal-ispat-nigam-ltd , Corporation-of-india , Department-of-investment , Public-asset-management , Exchange-board , Shipping-corporation , Bpcl