Versuchen GOLD - Frei
Govt does not advise LIC on investments: FM
Financial Express Bengaluru
|December 02, 2025
FINANCE MINISTER NIRMALA Sitharaman on Monday told Parliament that the government does not advise or direct the Life Insurance Corporation of India (LIC) on its investment decisions, including those related to the Adani Group.
Responding to a question raised in Parliament, she said LIC follows its own board-approved processes, conducts strict due diligence, and operates under regulatory oversight, with “no direct government involvement” in its investment choices.
LIC holds about %38,659 crore in equity and about %9,626 crore in debt across Adani Group companies as of September 30, 2025, the finance ministry informed. The state-run insurer’s exposure rose sharply from 1,927 crore in equity and %114 crore in Adani Group firms as on April 1, 2007.
Diese Geschichte stammt aus der December 02, 2025-Ausgabe von Financial Express Bengaluru.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Financial Express Bengaluru
Financial Express Bengaluru
Top-10 stocks will start to outperform: DSP Netra
THE OUTPERFORMANCE PHASE is restarting for the top 10 companies in terms of market capitalisation, DSP Netra said in a report citing recent trends.
1 mins
December 13, 2025
Financial Express Bengaluru
Operational oversight to get a boost Sebi strengthens MII governance framework
Appointment of two executive directors mandated
1 mins
December 13, 2025
Financial Express Bengaluru
Credit growth at 1-year high
BANK CREDIT GROWTH touched 11.53% for the fortnight ended November 28, 2025, marking the strongest lending momentum in 12 months, reports Mahesh Nayak.
1 min
December 13, 2025
Financial Express Bengaluru
Brookfield to invest $1 bn for Mumbai office block
CANADIAN INVESTOR AND developer Brookfield on Friday said it will develop a two million sq ft office project in Mumbai’s Powai district, investing about $1 billion (more than %9,000 crore) to build on a six-acre plot.
1 min
December 13, 2025
Financial Express Bengaluru
House panel demands updated air quality norms ‘at the earliest’
A PARLIAMENTARY PANEL on Friday asked the Centre to come up with the updated India’s National Ambient Air Quality Standards “at the earliest”, noting that the standards were last revised in 2009.
1 min
December 13, 2025
Financial Express Bengaluru
Reforms engine gathers steam: Cabinet clears key Bills
ADDITIONALLY, THE BILL aims to relax current restrictions on the repatriation of dividends and key management personnel for foreign-owned firms, thereby boosting ease of doing business.
3 mins
December 13, 2025
Financial Express Bengaluru
BMW unveils affordable convertible model
AFTER LAUNCHING INDIA'S most affordable luxury EV at the Bharat Mobility Show in January 2025—the iX1 LWB for ₹49.9 lakh—BMW drove in the country’s most affordable convertible car on Friday, the MINI Convertible for ₹58.5 lakh.
1 min
December 13, 2025
Financial Express Bengaluru
Visa for Chinese professionals
“CHINA IS WILLING to maintain communication and consultation with India to continuously enhance the level of facilitation of exchanges,’ ministry spokesperson Guo Jiakun added.
1 mins
December 13, 2025
Financial Express Bengaluru
Silver hits ₹2 lakh in futures trade
SILVER PRICES RALLIED on Friday to breach the record ₹2 lakh per kg mark in futures trade for the first time, riding on strong investor demand and positive global trends.
1 min
December 13, 2025
Financial Express Bengaluru
Assured rural job days to be hiked 25%
MGNREGA will be renamed and wages raised to ₹240 a day
1 min
December 13, 2025
Listen
Translate
Change font size