LIC’s increased focus on non-participating policies and higher-margin products, alongside improved persistency and distribution strength, could bolster its profit outlook despite market headwinds and regulatory adjustments. Life Insurance Corporation of India is showing a clearer tilt towards higher-value products, a…
State-run Oil India reports a significant rise in first-quarter profit driven by increased crude production and a surge in Numaligarh Refinery’s earnings, highlighting a resilient, yet uneven, energy landscape in India. State-run Oil India posted a sharp rise in first-quarter…
India’s Parliamentary Committee calls for expedited negotiations on the US trade deal, emphasising protective measures for strategic sectors amid deepening economic ties and supply chain realignments. India’s Parliamentary Standing Committee on Commerce has urged the government to finalise the proposed…
India plans to amend its MSME Development Act to streamline payments, enhance digital invoicing, and improve dispute resolution, aiming to support the vital small business sector facing chronic arrears and compliance challenges. India’s micro, small and medium-sized enterprises are set…
Trade ministers from BRICS nations convened in Jaipur to new measures aimed at closing a $2.5 trillion gap for MSMEs, boosting digital services, supply chains, and reinforcing multilateral trade support. BRICS trade ministers meeting in Jaipur has backed a set…
India’s pharmaceutical sector experienced a notable 12.1% growth in July, buoyed by gains in chronic-care medicines and standout performances by mid-sized companies, signalling a resilient recovery and expanding footprint in the healthcare sector. India’s pharmaceutical market grew 12.1% in July,…
The Reserve Bank of India plans a significant ₹2 trillion drain from the banking system via a seven-day variable rate reverse repo, highlighting persistent surplus cash despite recent tightening efforts. The Reserve Bank of India plans to drain as much…
Indian Railways has repaid nearly ₹1.93 trillion over five years, with increased government support and expanded capital expenditure driving safety, expansion, and modernisation initiatives across the railway network. Indian Railways has repaid ₹1.93 trillion in principal and interest over the…
Tarun Chugh of Bajaj Life Insurance tops the list of highest-paid chief executives in India’s life insurance sector in fiscal 2026, as new regulatory measures push insurers to tie executive compensation to customer-centric performance metrics. Tarun Chugh of Bajaj Life…
Micro, small, and medium enterprises in India continue to show declining confidence amid rising costs and subdued demand, though future optimism remains strong, according to SIDBI survey. India’s micro, small and medium-sized enterprises have seen business confidence soften for a…
