Business Standard

Business Finance

Life insurers' new business premium rises 14% to Rs 35K cr in September

Life insurers recorded a 14 per cent rise in underwriting new business with a premium collection of Rs 35,020 crore in September. New business premiums stood at Rs 30,716 crore in same month a year ago. The new business premium collection in the first half of FY25 rose 19 per cent to Rs 1,89,214 crore from Rs 1,58,377 crore in the same period last year, as per the monthly data released by the industry body Life Insurance Council. Driven by a strong demand for enhanced insurance protection from individual consumers, new policy issuances too increased by 45.49 per cent on a year-on-year basis in the month, resulting in the addition of new 32,17,880 policies vis--vis 22,11,680 policies in the year-ago period, it said. According to data released by the Life Insurance Council, the life insurance industry saw individual single premiums growing 13 per cent to close at Rs 5,142 crore for September while year-to-date growth stood at 14.99 per cent. Meanwhile, Life Insurance Corporation (LI

Life insurers' new business premium rises 14% to Rs 35K cr in September
Updated On : 11 Oct 2024 | 4:01 PM IST

Top 10 business ideas for college students to earn money while studying

College students do not always have sufficient money to take care of their expenses, hence they try to find ways to earn some money on their own. Here are the 10 business ideas for college students

Top 10 business ideas for college students to earn money while studying
Updated On : 12 Sep 2023 | 4:26 PM IST

10 best side hustle ideas to earn extra money every month in 2023

Side hustles are the best way to make some extra money at home without quitting your existing full-time job. You can earn good money in your spare time. Here are the 10 side hustle ideas

10 best side hustle ideas to earn extra money every month in 2023
Updated On : 04 Sep 2023 | 6:01 PM IST

Steps against finfluencers: Will they work?

Will the two-step approach work? A big part of the menace would indeed be curbed by putting the onus on regulated entities

Steps against finfluencers: Will they work?
Updated On : 27 Aug 2023 | 10:30 PM IST

$3.1 mn spent on privacy last year by businesses in India: Report

The average privacy spending by businesses in India was $3.1 million in 2022 and $2.4 million in 2021, a new report said on Monday

$3.1 mn spent on privacy last year by businesses in India: Report
Updated On : 30 Jan 2023 | 5:24 PM IST

Shiprocket's logistics volume to grow 40% after Pickrr acquistion: CEO

Shiprocket is acquiring a majority stake in Pickrr for an estimated $200 million in cash, stock and earn-out

Shiprocket's logistics volume to grow 40% after Pickrr acquistion: CEO
Updated On : 29 Jun 2022 | 9:10 PM IST

UK finance firm Tide raises $100mn in funding round led by Apax Digital

Company has a development centre in Hyderabad and plans a full launch in India next year

UK finance firm Tide raises $100mn in funding round led by Apax Digital
Updated On : 12 Jul 2021 | 2:34 PM IST

Biz consulting group Ma Foi launches e-learning platform Ma Foi Etude

Platform will cater mainly to rural and semi-urban students empowering them with future-ready skills that meet corporate demands

Biz consulting group Ma Foi launches e-learning platform Ma Foi Etude
Updated On : 14 Aug 2020 | 8:05 PM IST

Mittal Lifestyle Ltd posts excellent results for year ended March 2020

Mittal Lifestyle Ltd posts excellent results for year ended March 2020

Mittal Lifestyle Ltd posts excellent results for year ended March 2020
Updated On : 04 Jun 2020 | 11:31 PM IST

Members of CSSMA raise concern regarding the pressing issue of steel and pellet industry

Members of CSSMA raise concern regarding the pressing issue of steel and pellet industry

Members of CSSMA raise concern regarding the pressing issue of steel and pellet industry
Updated On : 04 Jun 2020 | 11:31 PM IST

India, Germany, France collaborate to ease business operations in Maharashtra

India, Germany, France collaborate to ease business operations in Maharashtra

India, Germany, France collaborate to ease business operations in Maharashtra
Updated On : 04 Jun 2020 | 6:57 PM IST

Diamond markets return cautiously

Diamond markets return cautiously

Diamond markets return cautiously
Updated On : 04 Jun 2020 | 6:56 PM IST

Easy start to a dream car: Unmatched offers for BMW and MINI cars to complement ease of ownership like never before

Easy start to a dream car: Unmatched offers for BMW and MINI cars to complement ease of ownership like never before

Easy start to a dream car: Unmatched offers for BMW and MINI cars to complement ease of ownership like never before
Updated On : 04 Jun 2020 | 6:56 PM IST

Fiinovation: COVID-19 brings an opportunity for us to maximise our social impact and expand our CSR footprints says, CEO Dr Soumitro Chakraborty

Fiinovation: COVID-19 brings an opportunity for us to maximise our social impact and expand our CSR footprints says, CEO Dr Soumitro Chakraborty

Fiinovation: COVID-19 brings an opportunity for us to maximise our social impact and expand our CSR footprints says, CEO Dr Soumitro Chakraborty
Updated On : 04 Jun 2020 | 6:41 PM IST

Adapty delivers first ever insite online B2B commerce implementation for a leading distributor of process equipment

Adapty delivers first ever insite online B2B commerce implementation for a leading distributor of process equipment

Adapty delivers first ever insite online B2B commerce implementation for a leading distributor of process equipment
Updated On : 04 Jun 2020 | 6:41 PM IST

Everstone-backed Translumina strengthens its commercial leadership team

Everstone-backed Translumina strengthens its commercial leadership team

Everstone-backed Translumina strengthens its commercial leadership team
Updated On : 04 Jun 2020 | 5:35 PM IST

Fashion with a cause - Freakins the first Indian brand to introduce Safe Fashion Category

Fashion with a cause - Freakins the first Indian brand to introduce Safe Fashion Category

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Updated On : 04 Jun 2020 | 3:02 PM IST

Reliance stock up 2 pc, nears record high after rights issue

Reliance stock up 2 pc, nears record high after rights issue

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Updated On : 04 Jun 2020 | 3:02 PM IST

Nivesh.com helps financial advisors thrive during COVID-19

Nivesh.com helps financial advisors thrive during COVID-19

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Updated On : 04 Jun 2020 | 3:01 PM IST

UST Global recognized as 'IT Service Provider of the Year 2020' by Everest Group

UST Global recognized as 'IT Service Provider of the Year 2020' by Everest Group

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Updated On : 04 Jun 2020 | 3:01 PM IST