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Friday, January 16, 2026

Tag: IRDAI

No Govt Direction to LIC on Adani Investments, Says FM Sitharaman

Finance Minister clarifies LIC's Adani Group investments were independent decisions based on due diligence and regulatory compliance, not government directives.

Sitharaman: Finance Ministry Does Not Advise LIC on Adani Investments

Finance Minister clarifies LIC's Adani investments follow standard procedures, denies ministry direction. Get details on the scale and context of the holdings.

Government to Hike Insurance FDI to 100% in Winter Session

India proposes raising foreign investment limit in insurance from 74% to 100% to boost sector growth and achieve Insurance for All by 2047.

LIC Q2 Net Profit Surges 31% to ₹10,098 Crore

LIC reports strong Q2 results with 31% profit growth and 5.5% premium income increase. Market leader maintains 59.41% share with positive GST impact outlook.

Bima Sugam: India’s UPI-like Insurance Marketplace Explained

Discover how Bima Sugam, India's new digital insurance platform, aims to simplify buying and managing policies while boosting insurance penetration.