Business news india

The company’s Pension and Group Superannuation Business showed a growth of 39.46% and crossed one lac crore in the same period, collecting Rs 1,26,696.21 cr as New Business Premium Income as against Rs 90848.86 cr in the previous year corresponding period. … [Read more...] about LIC’s new business premium reports 25% growth for FY 2020

Such items are taken up during informal, closed-door consultations of the Security Council and there are no records of the discussions or formal outcomes, the people said. However, such moves by China in the past have been opposed by France, the US and other permanent members of the Security Council, who have said Kashmir is a bilateral issue between India and Pakistan. … [Read more...] about India again rejects China’s interference in internal affairs

India was placed under one of the strictest lockdowns in the world in late March for more than two months to stem the spread of the coronavirus, but cases have continued to rise steadily since the government eased restrictions in June, stymieing hopes of an economic recovery. … [Read more...] about India needs to look beyond what rating agencies think, says ex-RBI governor Raghuram Rajan

The Reserve Bank of India (RBI) on Thursday left the repo rate unchanged at four per cent after the meeting of its six-member Monetary Policy Committee (MPC). The reverse repo rate was also kept unchanged at 3.3 per cent, RBI governor Shakti Kanta Das said at a press conference. … [Read more...] about Repo rate unchanged at 4%, surge in Covid-19 subdued early signs of revival: RBI governor Shaktikanta Das

According to experts, market participants cheered the RBI's balanced approach, which is seen in line with expectations that the central bank will be looking at alternate measures such as forward guidance and maintain sufficient liquidity. … [Read more...] about Sensex jumps 362 pts post RBI policy; Nifty tops 11,200