EXCLUSIVE: LIC’s equity investment in FY20 likely to reach above Rs 70,000 cr, an all-time high

Life Insurance Corporation of India (LIC) is likely to end FY20 with an all-time high equity investment (gross) of around up to 72,000 crore, an all-time high, sources said. In FY19, LIC invested around Rs 68,620 crore into the equity market. “We have already crossed Rs 33,000 crore and the second half of the year is expected to be robust considering the new business premiums have also seen a high growth,” said an official. While the year-on-year (YoY) growth will be 3.5 percent, LIC’s equity investments hold significance because it is…

Read More

Mental health days for students: An increasingly accepted reason to stay home from school

Public school students would be allowed to cite the need for a mental health day as an excuse to miss school, under a bill filed in the Florida Legislature for the 2020 session. The proposal is part of a growing movement in multiple states aimed at improving students’ mental well-being. Rep. Susan Valdes, D-Tampa, says she wants to elevate mental and behavior health issues to the same level as the flu, colds and dental appointments as a legitimate reason for students to call in sick. “It is time for us to take mental…

Read More

Political stability makes India an investment hub: PM Modi urges NRIs to invest in J&K

Prime Minister Narendra Modi on Saturday said “political stability and predictable policy framework” have made India an “attractive” investment destination as he urged the Indian business leaders in the UAE to invest in Jammu and Kashmir, which he said could emerge as the country’s growth engine. Addressing a group of NRI business community in the UAE capital Abu Dhabi, Modi thanked them, saying they have made a vital contribution to India’s economic growth. Highlighting the economic opportunities in India, he said, “Political stability and predictable policies framework are key driving…

Read More

Art education in India has an outdated model of teaching

Ritu Khoda, art educator and founder, Art1st Foundation speaks about the revolutionary changes needed in art education in India Ritu Khoda launched Art1st Foundation a decade ago with a social commitment to make art more action-oriented and relevant. A psychology graduate from Lady Shri Ram College for Women, New Delhi, and an MBA from Indian Institute of Management, Calcutta, Khoda believes that art is a language that ignites passion in children and adults. She has worked with leading psychologists and renowned artists to develop an art-integrated model of education, which…

Read More

Your Home Is Not An Investment

New Orleans, USA – April 22, 2018: Old Dauphine street historic district in Louisiana famous town, city, purple painted house wall colorful entrance, building nobodyGetty We are incredibly lucky. We bought our first home in December 2012 for $163,500 and sold it in July of 2016 for $232,000. In 42 months, our home appreciated by $68,500, an increase of nearly 42% in three and a half years. Our home went up by nearly 12% annually, and despite this, our home was not a good “investment.” To be clear: I am…

Read More

An effective cancer therapy is now one step closer to reality

Cancer occurs when abnormal cells divide in an uncontrolled way. And it turns out, when it comes to fighting cancer, the size does matter. According to researchers at The University of Texas Health Science Center at Houston (UTHealth) and The Ohio State University, doctors could be a step closer to finding the most effective way to treat cancer with a double whammy of a virus combined with boosting the natural immune system. “The findings of this research are very exciting because it helps unravel the complex yin and yang relationship…

Read More