On premium basis, the persistency was 75.3% and 61.1%, respectively and 75.6% and 63.9%, for the comparable period last year. MUMBAI: Economic and geopolitical uncertainty is beginning to weigh on household savings and insurance demand, with LIC reporting pressure on long-term policy persistency and caution in premium growth even as its first-quarter profit and value…
India crossed 300 GW of non-fossil fuel-based installed power generation capacity as of July 31 (representative image) India has crossed 300 GW of installed non-fossil fuel-based electricity generation capacity, reaching more than 60 per cent of its target of 500 GW by 2030, according to the ministry of new and renewable energy.As of July 31,…
Where India can look if US duties hit 100% The US is planning to slap a 100% tariff on Russian crude customers, and concerns are rising over India’s next move.The Trump administration’s green signal for imposing the hefty duty on countries buying Russian crude has raised concerns over India’s exports. However, economist SP Sharma said…
Gold and silver prices are expected to remain firm next week (representative image) Gold and silver prices are expected to remain firm next week, with inflation data from major economies and developments around efforts to end hostilities in West Asia likely to influence bullion markets, analysts said.Investors will track inflation figures from the US, Germany,…
What will guide Dalal Street this week? After ending the previous week in green, Dalal Street is set to take cues from a mix of global geopolitical developments and key domestic economic indicators in the upcoming trading sessions. This week, investors will closely watch crude oil prices, developments around the Strait of Hormuz and inflation…
Five companies to raise over Rs 7,400 crore next week India’s primary market is heading into a packed week, with five companies set to tap investors through initial public offerings worth a combined Rs 7,443 crore. The line-up includes Dhoot Transmission, Molbio Diagnostics, Milky Mist Dairy Food, Shiprocket and Behari Lal Engineering. The companies will…
Government weighs higher FDI approval limit to ease investment process (representative image) The government is considering raising the threshold for foreign direct investment (FDI) proposals requiring approval from the Cabinet Committee on Economic Affairs (CCEA) to Rs 15,000 crore from the current Rs 5,000 crore, in a move aimed at further improving India’s investment climate,…
Market capitalisation of four of top-10 most valued firms jumps Rs 1.43 lakh crore Dalal Street ended the previous week on a higher note, with four of the country’s 10 most valued companies adding a combined Rs 1.43 lakh crore to their market valuation.State Bank of India emerged as the biggest beneficiary among the top-10…
AI generated image, used only for representational purpose India’s economic momentum is set to have domestic strength on its side in 2026-27, but global risks may keep the pressure on.In its annual report 2025-26, the Securities and Exchange Board of India (Sebi) said that resilient economic fundamentals are expected to support financial markets, while geopolitical…
American multinational conglomerate Berkshire Hathaway reported stronger-than-expected second-quarter results, with operating profit, revenue and net income rising, while its massive cash pile fell as the company stepped up stock purchases and buybacks.Operating profit rose 16 per cent year-on-year to $12.98 billion, beating analyst expectations, reported Reuters. Revenue increased 10 per cent to $101.81 billion, while…
