LIC to look at long-term investment instruments

Life Insurance Corporation (LIC) of India NEW DELHI: State-owned Life Insurance Corporation of India (LIC) is engaging with key financial regulators, including RBI and Sebi, to expand the availability of long-term investment instruments as inflows into its annuity products keep on rising, CEO and MD R Doraiswamy said.An annuity product converts an accumulated retirement corpus…

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Trump’s 10% tariffs: Macron hits back at ‘unacceptable’ threats; Swedish PM warns, EU ‘will not be blackmailed’

European leaders have pushed back against US President Donald Trump’s latest tariff threat, warning that using trade penalties in connection with Greenland is “wrong” and could damage transatlantic ties.Trump, on Saturday, announced a 10% tariff on all goods entering the United States from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland,…

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Stock Market Live Updates Today: BSE Sensex adds 300 points, Nifty50 remains above 24,000; Asian shares slip, oil prices below $80

“Indian equity markets are expected to open on a mildly positive note, with Gift Nifty trading at 24,015, up by 21 points. Asian markets are witnessing mixed trade after a subdued overnight session on Wall Street, where the Nasdaq Composite and S&P 500 ended lower amid weakness in technology stocks, while the Dow Jones Industrial…

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Evening news wrap: Iran turns back Pakistan-bound ship from Hormuz; govt mandates shifting to gas pipeline & more | India News

Iran’s IRGC Navy turned back the Pakistan-bound vessel SELEN in the Strait of Hormuz for lacking permission and violating protocols, asserting maritime sovereignty and mandatory coordination for transit. Government has mandated a shift to piped natural gas in covered areas, halting LPG supply to such households, aiming to diversify fuel use and reduce vulnerability amid…

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