Mumbai, May 24 (IANS) State-owned Life Insurance Corporation of India (LIC) has emerged as the highest profit-making company in India’s financial sector during the January-March quarter of FY26, reporting a net profit of over Rs 23,400 crore.The insurance giant also retained its top position among Central Public Sector Enterprises (CPSEs) in terms of quarterly profit during the fourth quarter of FY26.LIC last week reported a 23 per cent rise in consolidated net profit to Rs 23,420 crore for th…
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New Delhi, May 8 (IANS) Commerce Minister Piyush Goyal held a meeting with Dr. MJ Khan, Chairman of the Indian Chamber of Food & Agriculture, and discussed initiatives to further enhance the quality of life of the country’s farmers and sharing India’s farm expertise with African countries as part of the goal to boost development of the Global South.Khan is a prominent Indian agricultural expert and policy analyst. He is a leading voice in agribusiness, agriculture policies, and sustainab…
Mumbai, April 17 (IANS) Indian equity markets ended on a strong note on Friday, with benchmark indices Nifty and Sensex closing higher as investors remained cautiously optimistic ahead of the second round of US-Iran talks scheduled over the weekend.The Nifty rose 0.65 per cent, or 156.80 points, to settle at 24,353.55, while the Sensex gained 504.86 points, or 0.65 per cent, to end the session at 78,493.54.Commenting on Nifty technical outlook, experts said that the immediate hurdle is seen at t…
New Delhi, April 16 (IANS) India can play a key role in helping Africa scale up its renewable energy, as the country has, over the last decade, successfully added over 130 gigawatts of solar and wind capacity, with renewables now accounting for just over half of installed electricity capacity, according to an article.Across Africa, the energy transition is not a distant policy target; it is a practical attempt to turn sunlight, wind, and mineral wealth into hospitals with steady power, farms tha…
Mumbai, April 15 (IANS) Indian equity markets rallied sharply on optimism over easing geopolitical tensions after US President Donald Trump indicated that the conflict with Iran could be nearing an end, boosting investor sentiment and risk appetite.The benchmark indices ended the session on a strong note, with the Nifty rising 1.63 per cent, or 388.65 points, to close at 24,231.30.The Sensex also gained 1.64 per cent, or 1,264 points, to settle at 78,111.24.Experts said that from a technical per…
Mumbai, Feb 23 (IANS) Indian stock markets extended their gains for the second straight session on Monday, supported by buying in PSU banks and healthcare stocks. Positive global cues also boosted investor sentiment after the US Supreme Court ruled against the reciprocal tariffs announced by US President Donald Trump.The benchmark Nifty ended 0.55 per cent higher, gaining 141.75 points to close at 25,713. The Sensex rose 0.58 per cent, or 479.95 points, to settle at 83,294.66.Commenting on Nifty…