LIC to celebrate 133rd birth anniversary of Dr Bhim Rao Ambedkar on April 14
New Delhi: The Life Insurance Corporation of India, Delhi Divisional Office-1, New Delhi will be celebrating 133rd Birth Anniversary of Bharat Ratna Dr. Bhim Rao Ambedkar on April 14, 2024 at Sansad Marg, New Delhi. On this occasion, LIC stall Will be installed in front of Reserve Bank of India, Sansad Marg.

The stall will be inaugurated by JPS Bajaj, Zonal Manager Northern Zone at 8.00 am on April 14, 2024. On this occasion, an elaborate function of celebration will be arranged. The achievements of LIC of India along with details of LIC product portfolio will also be put up for the general information and awareness of esteemed public. https://www.millenniumpost.in/business/domestic-air-passenger-traffic-likely-touched-154-cr-in-2023-24-559650?infinitescroll=1

Target Rs 6K cr gross written premium for FY25: Future Generali MD & CEO

Private sector general insurer Future Generali India Insurance plans to focus on the underpenetrated non-motor, non-health space to support growth. Anup Rau, the MD & CEO of the company, discusses the company’s expansion plans in a video interview with Aathira Varier.

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Govt unlikely to privatise GIC Re at this stage: CMD Ramaswamy Narayanan

Do you think the complete privatisation of GIC Re can happen in the future?

Insurance Query: How to choose a comprehensive health cover
I am a 38-year-old IT professional looking for health insurance. I have backache and dental issues and want to cover dental care and physiotherapy primarily. I also want health cover for my wife and kids for routine doctor visits. I am facing difficulty in finding the right product. Please guide me on how I can go about it.

PF balance transfers go automatic
When a salaried employee switches jobs, her provident fund (PF) balance will now get automatically transferred to the new employer without any documentation. The account will get seamlessly transferred the moment the new employer deposits the PF contribution from the employee’s first month’s salary.

Quantum MF cries foul on ICICI Securities delisting, complains to Sebi
Mumbai : In a rare instance of investor activism by an asset management company, Quantum Mutual Fund has written to the markets regulator objecting to the delisting of ICICI Securities Ltd on grounds of unfair valuation for the brokerage’s minority shareholders.

BlackRock assets hit record $10.5 trillion as markets surge
BlackRock, the world's largest asset manager, reported on Friday record assets under management (AUM) of about $10.5 trillion in the first quarter and posted a 36% jump in profit as a rebound in global equity markets boosted its investment advisory and administration fees.

Mutual funds take the passive route in search for differentiation

After Mirae Asset MF and Tata MF, Motilal Oswal MF is gearing up to launch a set of 'industry first' index funds.

Playing for rate cuts: How to plan allocation in debt mutual funds
Growth/inflation dynamics have remained volatile on account of the continued geo-political shocks, supply chain re-alignments and erratic weather patterns in recent times, influencing interest rates

G-Sec yields spike, rupee weakens on higher-than-expected US inflation
Mumbai: Yields of government securities (G-Secs) spiked, tracking US Treasury yields, which rose due to higher-than-expected inflation. The rupee weakened against the dollar, which gained against most currencies due to the possibility that rate cuts may be delayed by the US Fed to rein-in inflation.