Chennai (IANS) Asian life insurance giant, the Life Insurance Corporation of India on Thursday said its Indian Embedded Value (IEV) as on March 31, 2022 was Rs 541,942 crore. The embedded value in the case of a life insurance company is … read more
New Delhi (IANS) As the Directorate of Revenue Intelligence (DRI) unearthed alleged customs duty evasion of nearly Rs 4,389 crore by OPPO India, the smartphone maker on Wednesday said it will take appropriate steps against the DRI show cause notice, including … read more
Chennai (IANS) The General Insurance Corporation of India’s (GIC Re) assured premium income under firing line all these years is now under threat. Following the meeting of the CEOs of general insurance companies with Debasish Panda, Chairman, Insurance Regulatory and Development … read more
New Delhi (IANS) The inflation in India is expected to ease in a gradual manner in the second half of FY23, said Shaktikanta Das, Governor, Reserve Bank of India (RBI) on Saturday. Speaking at the Kautilya Economic Conclave, organised by Institute … read more
New Delhi (IANS) In view of the international prices of imported edible oils seeing a downward trend, the Centre has directed leading edible oil associations to ensure reduction in the MRP of edible oils by Rs 15 with immediate effect, officials … read more
New Delhi (IANS) Alarmed at the growing EV fires in the country, the government is set to bring in standard operating procedure (SOP) on battery certification and quality control in order to help EV makers develop efficient and safe products for … read more
Mumbai (IANS) The Reserve Bank of India (RBI) on Wednesday announced a series of measures to boost foreign exchange inflows. The central bank said that it has taken the steps in order to further diversify and expand the sources of forex … read more
Chennai (IANS) High crude prices and relatively strong domestic demand weighed on India’s June trade deficit at $25.6 billion, said Kotak Securities. In a research report, Kotak Securities said with risks of global slowdown and correction in global commodity prices, exports … read more
New Delhi (IANS) There is no stopping resignations at Ola Electric and now, Yashwant Kumar, who is Senior Director and Business Head for Charging Networks at the company, has decided to move on. A B.Tech from the Indian Institute of Technology-Bombay, … read more
New Delhi (IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that cryptocurrencies are a clear danger to the financial systems, adding that we must be mindful of the emerging risks on the horizon. In the RBI’s annual … read more