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Life Insurance Corp, or LIC, saw its September quarter profit jump 31% to over 10,000 crore. This growth was fueled by its core business and improved margins. While premium growth faced a temporary dip due to GST benefits, LIC anticipates a strong second half. The company is focusing on profitable products and passing on GST benefits to customers.
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News and Media
The Securities and Exchange Board of India (Sebi) is set to simplify IPO processes by reducing offer document summary content and streamlining procedures for companies with pre-IPO pledged shares. Chairman Tuhin Kanta Pandey stated these changes aim to encourage informed investor feedback and prevent listing delays.
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News and Media
Kazakhstan said Thursday it will join the Abraham Accords between Israel and mainly Muslim nations, in a largely symbolic move aimed at boosting US President Donald Trump's push for Middle East peace. But with Trump aiming to shore up his fragile Gaza ceasefire deal, Washington is pushing to get as much support as possible behind a wider peace initiative.
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News and Media
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