SEBI’s Approval for LIC MF Merger
LIC Mutual Fund received SEBI’s green light for its merger with IDBI Mutual Fund, which could reshape the mutual fund landscape in India.
Gold and Silver Prices Fall
Domestic gold prices dropped by ₹1,650 per 10 grams, with silver declining ₹2,900 due to lower demand and global trends
Pharma Exports Rise 8%
India's pharmaceutical exports rose by 8% this quarter, driven by increased demand from European markets.
LIC’s Investment in Power Sector
LIC plans to increase its investment in India’s renewable energy projects, aligning with the country’s net-zero goals.
NBFC Sector Resilience
India's non-banking financial companies (NBFCs) are showing resilience with increased loan disbursements, especially in consumer finance.
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