Category: Business

Life Insurance Corporation of India (LIC) on Thursday reported the Indian Embedded Value (IEV) at Rs 5,41,492 crore as of March 31, 2022, as compared to Rs 95,605 crore as of March 31, 2021. The Embedded Value (EV) is a measureLife Insurance Corporation of India (LIC) on Thursday reported the Indian Embedded Value (IEV) at Rs 5,41,492 crore as of March 31, 2022, as compared to Rs 95,605 crore as of March 31, 2021. The Embedded Value (EV) is a measure

Gold price today in the national capital dropped by Rs 163 to Rs 50,314 per 10 grams amid decline in international precious metal prices, according to HDFC Securities. In the previous trade, the gold price finished at Rs 50,477 per 10Gold price today in the national capital dropped by Rs 163 to Rs 50,314 per 10 grams amid decline in international precious metal prices, according to HDFC Securities. In the previous trade, the gold price finished at Rs 50,477 per 10

US Treasury Secretary Janet Yellen has urged leaders of major economies to work more closely in countering the impact from Russia’s invasion of Ukraine. Yellen and other top financial officials from the Group of 20 leading rich and developing nations areUS Treasury Secretary Janet Yellen has urged leaders of major economies to work more closely in countering the impact from Russia’s invasion of Ukraine. Yellen and other top financial officials from the Group of 20 leading rich and developing nations are

Warren Buffett’s Berkshire Hathaway now controls nearly 20% of Occidental Petroleum’s stock after picking up another $250 million worth of shares of the oil producer this week. Berkshire has been investing heavily in Occidental this year, including buying up more thanWarren Buffett’s Berkshire Hathaway now controls nearly 20% of Occidental Petroleum’s stock after picking up another $250 million worth of shares of the oil producer this week. Berkshire has been investing heavily in Occidental this year, including buying up more than

Rupee has been losing its vigour and this time it is on a losing streak for the fourth consecutive day. The latest factor triggering the fall in the rupee has been the US inflation numbers which came in even hotter thanRupee has been losing its vigour and this time it is on a losing streak for the fourth consecutive day. The latest factor triggering the fall in the rupee has been the US inflation numbers which came in even hotter than

U.S. inflation surged to a new four-decade high in June because of rising prices for gas, food and rent, squeezing household budgets and pressuring the Federal Reserve to raise interest rates aggressively — trends that raise the risk of a recession.U.S. inflation surged to a new four-decade high in June because of rising prices for gas, food and rent, squeezing household budgets and pressuring the Federal Reserve to raise interest rates aggressively — trends that raise the risk of a recession.

The CBDT on Wednesday accused the makers of the widely-known Dolo-650 medicine tablet of indulging in “unethical practices” and distributing freebies of about Rs 1,000 crore to doctors and medical professionals in exchange for promoting products made by the pharmaceutical group.The CBDT on Wednesday accused the makers of the widely-known Dolo-650 medicine tablet of indulging in “unethical practices” and distributing freebies of about Rs 1,000 crore to doctors and medical professionals in exchange for promoting products made by the pharmaceutical group.

Highlighting the success of the Indian model of localisation of Sustainable Development Goals, NITI Aayog Vice Chairperson Suman Bery has said that nations must identify models that have produced results as “we do not have the luxury of time.” Bery wasHighlighting the success of the Indian model of localisation of Sustainable Development Goals, NITI Aayog Vice Chairperson Suman Bery has said that nations must identify models that have produced results as “we do not have the luxury of time.” Bery was

Crude oil price witnessed sharp dip amid global economic slowdown and a strong dollar. Brent crude futures fell by $7.16 at $99.9 a barrel while US West Texas Intermediate crude declined $6.97$ at $97.19. Amid the steep decline in crude prices,Crude oil price witnessed sharp dip amid global economic slowdown and a strong dollar. Brent crude futures fell by $7.16 at $99.9 a barrel while US West Texas Intermediate crude declined $6.97$ at $97.19. Amid the steep decline in crude prices,

Gold prices declined by Rs 85 to Rs 50,487 per 10 grams in the local market here on Wednesday, according to HDFC securities. In the previous trade, the precious metal closed at Rs 50,572 per 10 grams. Silver prices rose byGold prices declined by Rs 85 to Rs 50,487 per 10 grams in the local market here on Wednesday, according to HDFC securities. In the previous trade, the precious metal closed at Rs 50,572 per 10 grams. Silver prices rose by