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'Shocking That PM Gave Investing Advice'

'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.''A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains......

Modi's 'redistribution' charge against Cong gets Pitroda's booster

Prime Minister Narendra Modi on Wednesday seized on Congress leader Sam Pitroda's remarks on inheritance tax to step up the ruling Bharatiya Janata Party's blistering attack on the issue of 'wealth......

Taxtortion Is Here To Stay!

If you think that revenue officials are going berserk, acting on their own, while the government chants the mantra of 'ease of doing business', you would be wrong.These moves appear to have full......

Partha, Arpita sent to 14-day jail in Bengal's SSC scam case

Former education minister of West Bengal Partha Chatterjee and his aide Arpita Mukherjee were sent to 14 days in judicial custody by a special court in Kolkata on Friday in the SSC scam case.......

Modi's longest Parliament speech pressed all the right buttons

Prime Minister Narendra Modi on Thursday slammed the opposition alliance INDIA as a collection of arrogant dynasties who will take India back by two centuries as he exuded confidence that people......

Budget key trigger for life insurance companies' stocks in near term

The data for individual weighted received premium (WRP) showed divergent trends for life insurers in December 2024. Illustration: Dominic Xavier/Rediff.com Overall, the industry’s......

Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore

The new business premium (NBP) of life insurance companies dropped 21.7 per cent year-on-year (Y-o-Y) to Rs 30,218.71 crore in December 2024 on the back of a steep fall in business. Illustration:......

Life insurers turn to policies with high value

Life insurers shifted their focus to selling high-value policies in October as the transition to new surrender value norms, effective October 1, limited their ability to roll out all products in......

No plan to bring clawback clause: LIC

State-owned Life Insurance Corporation of India (LIC) has realigned its commission structures for its distributors in accordance with new surrender value norms but has no plans to introduce any......

New biz premium of life insurers rises 13% in October

Life insurance companies reported a 13.16 per cent year-on-year (Y-o-Y) growth in new business premium (NBP), totting up Rs 30,347 crore in October, even as the number of policies sold saw a sharp......

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