Can LIC’s investments in public sector units hurt policyholders?

In the last five years, Life Insurance Corp. of India’s (LIC) investments in state-run banks and the government’s disinvestment programme have almost doubled, according to news reports. Moreover, of the total investments made by LIC worth ₹26.6 trillion, as of March 2019, ₹22.6 trillion went into the public sector and only ₹4 trillion went into the private sector, showed data from the Reserve Bank of India. While this may work in favour of some of the public sector undertakings (PSUs), it’s not clear how it will impact the customers of the insurer. Disha Sanghvi asks experts how this might affect…

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India tops in investment in Dubai’s gold sector

Indians lead the top 10 nationalities investing in Dubai’s gold sector followed by the citizens of Pakistan, Britain, Saudi Arabia, Switzerland, Oman, Jordan, Belgium, Yemen and Canada, according to a new report. As many as 4,086 companies operate in the gold sector in Dubai and the number of investors stands at 62,125 including 60,012 businessmen and 2,113 businesswomen, the Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) said in its new report. The report includes statistics on the number of companies operating in Dubai, the…

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phone App facts exhibits the sector isn’t always sleeping sufficient

women inside the age organization 30-60 worldwide are snoozing greater than men — about 30 minutes greater on common — even as center-elderly men are getting the least sleep, frequently getting much less than the recommended seven-eight hours, a cellphone app-based totally take a look at spanning a hundred international locations has found out.folks that spend some time in the sunlight each day generally tend to go to bed earlier and get greater sleep than those who spend maximum in their time in indoor light, the group from university of…

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