Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
LIC profit slips 4%, net premium income up 11%
Business Standard
|November 09, 2024
MD & CEO reveals plans to buy stake in health insurer by FY25-end
-
State-owned insurer LIC reported a 3.8 per cent decline in net profit to ₹7,729 crore for the quarter ended September 30, primarily due to a drop in other income.
The country's largest insurer had posted a net profit of ₹7,925 crore in the same quarter last year, LIC stated in a regulatory filing.
Net premium income eased to ₹1.2 trillion in Q2 FY25, compared to ₹1.07 trillion in the same period a year earlier. Meanwhile, other income nearly halved to ₹148 crore from ₹248 crore in the prior year's quarter.
Dit verhaal komt uit de November 09, 2024-editie van Business Standard.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Business Standard
Business Standard
FY26 GDP growth to help average household income: Moody's
Moody's Ratings on Monday projected India to clock a 7.3 per cent growth in the current financial year, and said the strong economic expansion would support average household incomes, and stimulate demand for insurance protection.
1 min
January 20, 2026
Business Standard
Won't be blackmailed: Germany, France to US; G7 FMs to meet soon
The German and French finance ministers said on Monday that European powers would not be blackmailed and that there would be a clear and united response to US President Donald Trump's threats of higher tariffs over Greenland.
1 min
January 20, 2026
Business Standard
Future shocks in the global food economy
It is generally believed that the fossil fuel problem is the greatest issue plaguing the earth’s future.
3 mins
January 20, 2026
Business Standard
Para 4.15 of FTP vs ANF 7A — Procedure defeats policy intent
We refer to Para 7.02 B(ii) of the FTP, which allows deemed export benefits to supply and installation of goods and equipment (single responsibility of turnkey contracts) to projects financed by multilateral, or bilateral agencies/funds, as notified by Department of Economic Affairs (DEA), MoE, for which bids have been invited and evaluated on the basis of Delivered Duty Paid (DDP) prices for goods manufactured abroad.
2 mins
January 20, 2026
Business Standard
Commerce dept pushing for major tweaks in SEZ norms
Move aimed at mitigating adverse impact of US tariffs
2 mins
January 20, 2026
Business Standard
Hindustan Zinc profit surges 46% to ₹3,916 cr
Vedanta-owned Hindustan Zinc Ltd (HZL) posted its highest ever quarterly profit in the third quarter of 2025-26 (Q3FY26), powered by a sharp rise in silver revenue, firmer metal prices, and the company’s most competitive cost structure in five years.
1 min
January 20, 2026
Business Standard
Early-bird results show worst earnings growth in 17 quarters
IT firms, RIL slow profit growth; banks biggest laggards in revenue
3 mins
January 20, 2026
Business Standard
Passenger safety can’t be traded off, says pilots’ body on IndiGo fine
‘The Federation of Indian Pilots (FIP) on Monday criticised aviation regulator Directorate General of Civil Aviation for imposing a ‘very meagre’ penalty of ₹22.20 crore on IndiGo for the large-scale flight disruptions that impacted lakhs of travellers in December, saying safety of passengers and aircraft cannot be ‘traded off’.
1 min
January 20, 2026
Business Standard
India's nightlife sets the record straight — on vinyl
Across Indian cities, a clutch of vinyl-led bars and microbreweries is taking shape as these long-lost formats return.
2 mins
January 20, 2026
Business Standard
1,790 plots allocated to investors in 6 mths
The simplification of policies by the state government has made Rajasthan one of the preferred choices for investors, with 1,790 plots worth approximately 3,200 crore allocated to investors in the last six months, according to a senior official.
1 min
January 20, 2026
Listen
Translate
Change font size