In June 2025, LIC collected ₹5,313 crore in individual premium, compared to 25 private sector companies, which together accounted for ₹8,408 crore
Rohit Jawa will step down as CEO and MD on July 31, 2025 to pursue the next chapter in his personal and professional journey, the company said in a filing.
HRA claims are under increased scrutiny, with tax officers rejecting claims lacking a clear money trail or appearing dubious. Even with proper documentation like rent receipts, claims can be disallowed if rent is paid to close family me ...more
Hardeep Puri, India's Petroleum Minister, asserts that India's continued Russian oil imports have stabilized global energy prices. Discontinuing this trade would have caused prices to surge past $120 per barrel. Despite Western restrict ...more
US long-term mortgage rates experienced a slight increase this week, reversing a five-week trend of declining borrowing costs, with the 30-year fixed rate rising to 6.72%. Despite recent fluctuations and a brief dip in April, economists ...more
After the bank’s disclosure, a Bench of Justices Revati Mohite Dere and Neela Gokhale disposed of the petition filed by Mr. Ambani challenging the bank’s order, saying nothing survives in it.
RBI Governor Sanjay Malhotra briefed the Parliamentary Committee on Finance, highlighting the Indian economy's resilience amidst global challenges. He addressed concerns about the status of Rs 2,000 notes, clarifying they remain legal t ...more
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