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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Thiruvananthapuram, May 23 (IANS) Claiming that timely intervention by the Narendra Modi government helped Kerala’s small business sector withstand global economic shocks, State BJP Pesident Rajeev Chandrasekhar said on Saturday that more than 5.5 lakh MSMEs in the state benefited from the Centre’s Emergency Credit Line Guarantee Scheme (ECLGS), with guaranteed credit support of more than Rs 8,405 crore extended to enterprises across the state. Chandrasekhar said the scheme played a crucial role…
Mumbai, May 12 (IANS) Indian equity benchmarks extended their losses for a second straight session on Tuesday as escalating tensions in West Asia, surging crude oil prices and concerns over the broader economic fallout triggered a sharp selloff across sectors.The 30-share Sensex plunged 1,456.04 points, or 1.92 per cent, to close at 74,559.24, while the Nifty declined 436.3 points, or 1.83 per cent, to settle at 23,379.55.Commenting on Nifty technical outlook, experts said that 23,300 now acts a…
Neemuch (Madhya Pradesh), May 9 (IANS) The Central government’s ‘Pradhan Mantri Suraksha Bima Yojana’ (PMSBY) has become a major support system for the needy families. In Madhya Pradesh’s Neemuch district, many beneficiaries are receiving financial assistance under the scheme. It offers accident insurance coverage at a very low premium. Launched by Prime Minister Narendra Modi on May 9, 2015, the scheme aims to provide affordable accidental insurance protection to beneficiaries. Under…
Mumbai, May 8 (IANS) Indian benchmark indices ended lower on Friday as renewed tensions between the United States and Iran dampened investor sentiment and triggered caution across sectors. The selloff was largely led by banking stocks, while gains in IT shares helped limit the downside.The Nifty ended 150.50 points or 0.62 per cent down at 24,176.15 and the Sensex ended 516.33 points or 0.66 per cent down at 77,328.19.Commenting on Nifty technical outlook, experts said that the 24,250–24,300 l…
Doda (Jammu & Kashmir), May 7 (IANS) The Rural Self Employment Training Institute (RSETI), a collaborative initiative between the Ministry of Rural Development and SBI, is emerging as a major platform for empowering rural youth in Jammu and Kashmir’s Doda district by equipping them with self-employment skills.The institute is currently witnessing enthusiastic participation from young women, particularly in its cutting and tailoring course, where a large number of girls are enrolling with a…
Surat, May 7 (IANS) The Surat Crime Branch has arrested two men from Uttar Pradesh in connection with the Rs 50 lakh armed robbery at a State Bank of India (SBI) branch in the Varachha area, police said on Wednesday.Officials further added that the offence was executed by an interstate gang allegedly directed by a Bihar-based mastermind operating from jail.The robbery took place on April 27 at around 1 p.m. at the SBI branch on L.H. Road.Police said five or more men, aged between 25 and 30, ente…
New Delhi, April 16 (IANS) Anil Ambani-led Reliance Group said on Thursday that Amitabh Jhunjhunwala and Amit Bapna, who earlier held charge of senior positions in the group, are currently not working with it.The duo has been arrested by the Enforcement Directorate in connection with an ongoing money laundering investigation linked to an alleged banking fraud involving group entities such as Reliance Home Finance Ltd (RHFL) and Reliance Commercial Finance Ltd (RCFL).Reliance said that Jhunjhunwa…
New Delhi, April 15 (IANS) The Enforcement Directorate (ED) has arrested Amitabh Jhunjhunwala and Amit Bapna, close aides of industrialist Anil Ambani, in an ongoing investigation under the PMLA, based on multiple ECIRs registered by the Central Bureau of Investigation (CBI), according to sources. Jhunjhunwala, who was the director of Reliance Capital Limited, is alleged to have been one of the key decision-makers in various operations of RHFL (Reliance Home Finance Limited) and RCFL (M/s Rel…
Jammu, April 12 (IANS) The annual Amarnath Yatra will start this year on July 3 and will conclude after 57 days on August 28, coinciding with the Raksha Bandhan festival, Jammu and Kashmir Lt. Governor Manoj Sinha said on Sunday.Jammu, April 12 (IANS) The annual Amarnath Yatra will start this year on July 3 and will conclude after 57 days on August 28, coinciding with the Raksha Bandhan festival, Jammu and Kashmir Lt. Governor Manoj Sinha said on Sunday.The office of the Lt. Governor posted on X…