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PFRDA gets new chairman, RBI gets Dy Gov

PFRDA gets new chairman, RBI gets Dy Gov

Gov appoints new PFRDA chairman, Dy Gov at RBI

2 April 2025 3:34 PM

LIC to acquire ‘substantial’ stake in pure health insurer, announcement likely by March 31

LIC to acquire ‘substantial’ stake in pure health insurer,...

Public sector behemoth Life Insurance Corporation of India (LIC) is in the final stage of discussions to acquire a...

18 March 2025 4:54 PM

Southern India has Highest Number of Women Monitoring Credit Health

Southern India has Highest Number of Women Monitoring Credit Health

The number of women seeking credit in India has grown at a compounded annual growth rate of (CAGR) of 22 per cent since...

3 March 2025 5:19 PM

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.

IRDAI Allows Insurers to Hedge Equity Exposure With Derivatives

IRDAI permits insurers to use stock and index derivatives for hedging equity exposure, benefiting life insurers managing...

28 Feb 2025 5:58 PM

A aerial view of the Mumbai City line as seen from an aircraft. (PTI)

Mumbai overtakes Beijing as Asia's Billionaire capital, says report

As per the Hurun report, Mumbai registered a net increase of 14 individuals followed by Hyderabad which registered a net...

26 March 2024 7:58 PM

Digital payments company Paytm has partnered with Twitter to integrate Twitter Highlights

RBI Bars Paytm Bank from Offering Banking Services After February 29

Paytm customers can continue to utilise balances from their accounts, including savings and current without restriction

31 Jan 2024 8:08 PM

Indias robust economic growth will boost demand at corporates, despite weakness from slowing growth in key overseas markets, Fitch ratings said in a statement on Friday. (File Image: PTI)

India to be among fastest growing nations with 6.9% growth in FY25

Demand will remain strong for cement, electricity and petroleum products

22 Dec 2023 8:03 PM

Life Insurance Corporation

LIC net buys Rs 34,000 cr stocks in Q1

The public sector behemoth booked Rs 5,076 crore equity profit during April-June against Rs 11,368 crore a year ago

13 Aug 2022 5:38 AM

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Return to normal for life insurers in Q1

ICICI Prudential Life Insurance announced its earnings and reported a net profit of Rs 156 crore in April-June quarter...

18 July 2022 11:06 PM

PM Modi met Putin on Wednesday on the sidelines of the 11th BRICS Summit and reviewed the full range of India-Russia relations. (Photo: Twitter)

RBI spells out re-settlement terms

The RBI said that authorised banks would need to take its permission before instituting the rupee trade settlement...

12 July 2022 4:17 AM

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee plunges to new record low at 77.85, down 11 paise

At the interbank foreign exchange market, the local currency opened at 77.81 traded weaker, but directionless

11 Jun 2022 2:25 AM