LIC introduces Amritbaal, a policy to help parents save for their children's future

Mumbai, Feb. 17 -- The Life Insurance Corporation launched a new product LICs Amritbaal on Saturday. The new offering was launched by Financial Services Secretary Dr. Vivek Joshi. The Plan will be av... Read More

LIC of India introduced new plan "LIC's Amritbaal

India, Feb. 17 -- LIC of India launched a new product LICs Amritbaal at the hands of Dr. Vivek Joshi, Secretary, Financial Services, Ministry of Finance, GOI. The Plan will be available for sale from... Read More

Magadh Sugar Energy Q3FY24 PAT stands at Rs 39 cr

India, Feb. 17 -- Magadh Sugar Energy Limited (MSEL) reported a Profit After Tax (PAT) of Rs 39 crore, marking an increase from Rs 22 crore recorded in the same quarter of the previous fiscal year, Q3... Read More

RBI releases 30 FAQs for Paytm Payments Bank account holders: Read the full text

India, Feb. 16 -- The Reserve Bank of India (RBI) released a set of frequently asked questions (FAQs) on February 16 specifically addressing bank account holders of Paytm Payments Bank. Below is the c... Read More

Paytm transfers nodal account to Paytm Payments Bank to Axis Bank

Mumbai, Feb. 16 -- One97 Communications, the parent company of Paytm, has transferred its nodal account from Paytm Payments Bank to Axis Bank. This change ensures the uninterrupted functioning of Pay... Read More

No relief for Paytm Payments Bank; RBI only extends deadline for imposing curbs

Mumbai, Feb. 16 -- The Reserve Bank of India (RBI) on Friday extended the deadline for Paytm Payments Bank Ltd (PPBL) to cease accepting new deposits and conducting credit transactions. The new deadl... Read More

LIC receives tax refund of Rs 21,740 cr from IT Dept

Mumbai, Feb. 16 -- The Life Insurance Corporation of India (LIC) on Friday said that it had received a tax refund amounting to Rs 21,740.77 crore from the Income Tax Department for the assessment year... Read More

Indian equity markets rise for three consecutive days

Mumbai, Feb. 16 -- Indian equity markets rose for the third consecutive day following positive global cues on February 15. Purchasing across the sectors was witnessed as market participants remained ... Read More

Rohit Sharma steadies India after fall of early wickets against England in Rajkot

Rajkot, Feb. 15 -- India captain Rohit Sharma led from the front in the first session on day one of third Test against England after the home side lost early wickets here on Thursday. India lost Yash... Read More

Supreme Court strikes down electoral bonds scheme, calls it 'unconstitutional'

New Delhi, Feb. 15 -- In a landmark verdict months ahead of the Lok Sabha elections, the Supreme Court on Thursday struck down the electoral bonds scheme calling it "unconstitutional", media reports s... Read More