Private players see 6% rise in benefits paid to Rs 1.57 trillion in FY23

The total benefits paid by private life insurance companies to policyholders rose by 5.98 per cent to Rs 1.57 trillion during 2022-23. This figure stood at Rs 1.49 trillion in the corresponding year-ago period. On the other hand, Life Insurance

Infra sectors’ growth slows to 15-month low of 3.6% in January

The growth of eight key infrastructure sectors slowed to a 15-month low of 3.6 per cent in January, on account of poor performance of sectors like refinery products, fertiliser, steel and electricity, according to the official data released on Thursday.

Anish Tawakley: ‘Largecaps offer a reasonable margin of safety’

‘Investors should focus on largecap funds, flexicap funds, business cycle funds, or hybrid-category funds.’ India is poised to perform well, even in the face of a potential slowdown in the US economy, thanks to robust domestic demand fuelled by construction

India blocks China-led investment pact in WTO

India on Wednesday blocked an attempt by a group of WTO countries led by China to push an investment facilitation pact in the agenda of the ministerial conference here, a move which may ensure that the proposal is unlikely to

Skoda to drive in Brezza, Sonet rival in H1FY25

Å koda Auto India is set to drive in a new car by the first half of next year to reach its target of 100,000 unit annual sales in the country by 2026. The compact sports utility vehicle (SUV) will be

Took conscious call to shun high-cost deposits: HDFC Bank

HDFC Bank has been conscious in not accepting high-cost deposits, which have resulted in slower growth in October-December, said Sashidhar Jagdishan, managing director and chief executive officer, during an interaction with Goldman Sachs recently. IMAGE: Sashidhar Jagdishan, managing director and

US Targets India’s Russian Oil Source

Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year. Kindly note the image has only been published for representational purposes. Photograph: Kind courtesy, Garry Chapple/Pixabay After targeting vessels carrying premium Russian

Voda Idea plans to raise about Rs 45,000 cr via equity, debt

Vodafone Idea board on Tuesday approved a fund-raise of up to Rs 20,000 crore through a combination of equity and equity-linked instruments, the crisis-ridden telco said, adding promoters will also participate in the proposed equity raise. Photograph: Anushree Fadnavis/Reuters Overall,

Adani Green to raise $409 mn bonds to repay loan

Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani’s conglomerate, plans to raise $409 million through US dollar-denominated bonds to repay a debt obligation falling this year. Photograph: PTI Photo from the Rediff Archives In a regulatory

Are Indian Markets Overstretched? – Rediff.com Business

The index is currently trading at 149 per cent of its historical P/B valuation, surpassing its previous peak of 125 per cent made in 2020-21.   Indian equity markets, including the National Stock Exchange Nifty 50, Nifty Midcap 100, and

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