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LIC shares drop nearly 4% after November premium slump

LIC shares drop nearly 4% after November premium slump

Tue, Dec 10, 2024

LIC shares drop nearly 4% as November premiums decline by 27% year-on-year. Investors weigh the insurer’s underperformance against plans to expand into health insurance and support for increased FDI.

LIC agents earn Rs 10,328 a month in this state

LIC agents earn Rs 10,328 a month in this state

Sun, Aug 18, 2024

Among the larger states, Uttar Pradesh had the maximum number of LIC agents at over 1.84 lakh with an average monthly income of Rs 11,887.

LIC shares rally over 6%; mcap climbs Rs 37,159 crore

LIC shares rally over 6%; mcap climbs Rs 37,159 crore

Wed, May 15, 2024

Public sector behemoth LIC listed on the bourses on May 17, 2022. As per Sebi norms, LIC was required to achieve 10 per cent public shareholding within 2 years of listing in the capital market.

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How to get income tax benefits from insurance cover

How to get income tax benefits from insurance cover

Wed, Feb 13, 2019

Life insurance policy promises to pay an assured sum of money to the nominee(s) in case an individual dies during the policy period. Tax deductions on life insurance can be claimed for premiums paid toward insuring self, spouse, dependent children and any member of Hindu Undivided Family.

Valentine's week special: These 5 investments could be a perfect gift for your partner

Valentine's week special: These 5 investments could be a perfect gift for your partner

Thu, Feb 07, 2019

The Valentine's week has started and we are just a week away from the Valentine's day. Choosing the ideal gift for your partner is never an easy option and this year could be your chance to do something different. People prefer gifting accessories, dresses, gadgets, flowers, etc.

LIC Jeevan Shanti plan: You can have free-look at this policy, return in 30 days! Here's how

LIC Jeevan Shanti plan: You can have free-look at this policy, return in 30 days! Here's how

Sun, Feb 03, 2019

Not happy with LIC Jeevan Shanti Policy? Well, there is a way out for you.

Public Provident Fund (PPF) investment strategy: You can turn Rs 22.5 Lakh into Rs 1.3 Crore!

Public Provident Fund (PPF) investment strategy: You can turn Rs 22.5 Lakh into Rs 1.3 Crore!

Sat, Feb 02, 2019

Smart Public Provident Fund Strategy: The Income Tax measures announced in Budget 2019 is set to encourage more individuals to put their money in tax-saving schemes.

Public Provident Fund vs National Pension System: Here's what you can get with Rs 100, Rs 200, Rs 417 a day!

Public Provident Fund vs National Pension System: Here's what you can get with Rs 100, Rs 200, Rs 417 a day!

Sat, Dec 15, 2018

PPF vs NPS: Public Provident Fund (PPF) and National Pension System (NPS) are two of best and safest instruments for saving money for future use.

Public Provident Fund (PPF) benefit: Turn Rs 200 a day into Rs 1.3 crore cash, 96000/month pension!

Public Provident Fund (PPF) benefit: Turn Rs 200 a day into Rs 1.3 crore cash, 96000/month pension!

Sun, Dec 09, 2018

Public Provident Fund (PPF) Pension calculator: Every one of us want to get rich, retire at least with Rs 1 crore. Ever wondered what it will take to reach there? There are many ways, some come with market risks and some are assured by the government

Money Magic: Turn Rs 50 a day into Rs 34 lakh, get 25,000 pension, save income tax too!

Money Magic: Turn Rs 50 a day into Rs 34 lakh, get 25,000 pension, save income tax too!

Fri, Dec 07, 2018

Can you save Rs 50 a day? For many of the youth today, who have recently entered into employment, even the daily pocket money may be over Rs 50.

LIC Jeevan Shanti Plan vs National Pension System: How to get Rs 50,000 pension per month? Surprising numbers here

LIC Jeevan Shanti Plan vs National Pension System: How to get Rs 50,000 pension per month? Surprising numbers here

Tue, Nov 27, 2018

LIC Jeevan Shanti and National Pension System (NPS) are two means, among many, through which you can plan a regular cash flow post retirement.

Cheapest Pension Plan: Even Rs 10 a day can give you Rs 47 lakh or Rs 30,000 per month pension

Cheapest Pension Plan: Even Rs 10 a day can give you Rs 47 lakh or Rs 30,000 per month pension

Sat, Nov 24, 2018

Pension Plan: There is no early age to start planning for pension. The older we grow, the cost of ensuring a healthy pension/month, continues to go up drastically.

Public Provident Fund + LIC plan: Get rich with Rs 100/Day! End financial woes - Pension, Kids' Education, Marriage, House

Public Provident Fund + LIC plan: Get rich with Rs 100/Day! End financial woes - Pension, Kids' Education, Marriage, House

Wed, Nov 21, 2018

Public Provident Fund (PPF) + LIC plan: Even Rs 100 has the power of ending all your financial woes - be it your pension or your child's marriage or higher education or your wish to buy a dream house.

LIC Jeevan Shanti + PPF pension plan: Invest Rs 5,000/month for 15 years, get Rs 35,000/month

LIC Jeevan Shanti + PPF pension plan: Invest Rs 5,000/month for 15 years, get Rs 35,000/month

Tue, Nov 20, 2018

Pension plan with LIC, PPF: Got a new job? What if someone tells you that by investing just Rs 5000/month for 15 years, you can be assured of Rs 35,000/month pension after retirement?

LIC Jeevan Lakshya Policy: Turn Rs 115/day into Rs 26 lakh; Protect your children's future; Here's how

LIC Jeevan Lakshya Policy: Turn Rs 115/day into Rs 26 lakh; Protect your children's future; Here's how

Tue, Nov 13, 2018

LIC Jeevan Lakshya maturity calculator: Worried about your children's education or marriage? There is one LIC scheme that may end your woes at an small investment of as little as Rs 120 per day (or Rs ₹ 43,639 annually, including GST).

Want to become rich fast? Top 10 tips that can really fatten up your bank account

Want to become rich fast? Top 10 tips that can really fatten up your bank account

Sun, Nov 11, 2018

It is not necessary to have a high amount of salary or a big profitable business to become rich. You can become rich fast otherwise too. With low salary and small profits, you can also become rich just by investing your money in the right place at the right time.

National Pension System (NPS) vs Public Provident Fund (PPF) vs vs LIC Jeevan Shanti Plan: Retirement schemes compared

National Pension System (NPS) vs Public Provident Fund (PPF) vs vs LIC Jeevan Shanti Plan: Retirement schemes compared

Tue, Oct 09, 2018

Retirement planning is important for everyone. And the earlier one starts, the better it becomes in terms of financial returns.

Beleaguered IL&FS to get a lifeline? Here's what LIC may do

Beleaguered IL&FS to get a lifeline? Here's what LIC may do

Tue, Sep 25, 2018

The Life Insurance Corporation of India may bail out the beleaguered Infrastructure Leasing & Financial Services (IL&FS)

LIC all set to take majority stake in IDBI Bank; board approves proposal

LIC all set to take majority stake in IDBI Bank; board approves proposal

Mon, Jul 16, 2018

LIC, which already owns about 8 percent of IDBI, will most likely buy additional shares in the lender via a preferential issue, Indian government`s economic affairs secretary, Subhash Chandra Garg, told reporters on Monday.

This stock is on fire! Investors richer by 20% in just 2 days

This stock is on fire! Investors richer by 20% in just 2 days

Wed, Jul 11, 2018

IDBI Bank share price has rallied a whopping 20 per cent in the last two days on news reports that Life Insurance Corporation (LIC)’s planned acquisition of a majority stake in the bank may trigger an open offer and preferential allotment of shares.

LIC policyholder? IDBI Bank deal to hit you where it hurts

LIC policyholder? IDBI Bank deal to hit you where it hurts

Mon, Jul 02, 2018

IRDAI decided last week that LIC can buy up to 51 per cent stake in IDBI Bank. The IRDAI board cleared the proposal as an insurance company cannot hold more than 15 per cent stake in a company under the IRDAI norms. The life insurance major already owns 10.8 per cent stake in the bank.

Rs 1,374 crore vanished in 3 days! LIC takes biggest hit in PNB’s free fall

Rs 1,374 crore vanished in 3 days! LIC takes biggest hit in PNB’s free fall

Fri, Feb 16, 2018

A steep 40 per cent drop in the Punjab National Bank's stock in the last three days weighed heavy on its largest shareholder, Life Insurance Corporation of India (LIC). LIC suffered a notional loss of as much as Rs 1,374 crore in the last three sessions since February 14.

LIC must pare ITC, L&T stakes to below 15% by Dec 2018: Irdai

LIC must pare ITC, L&T stakes to below 15% by Dec 2018: Irdai

Tue, Aug 08, 2017

These two are considered as non-strategic investments for LIC. While LIC holds 16.29% stake in ITC, it holds 17.97% stake in L&T as of end June.

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