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Agriculture And Allied Industries

Fiscal Year:

General insurance premium collection up 12.2% to Rs 37,349 Cr

Hyderabad: General insurance premium collections in India grew 12.2 per cent year-on-year to Rs 37,349.40 crore (US$ 5.44 billion) during April - June quarter 2018.


July 19, 2018

PolicyBazaar to add 2,500 new jobs in FY19

New Delhi: Insurance portal is expected to expand its customer base and ramp up revenues creating 2,500 more job opportunities in FY19 to take its total count of e...

July 04, 2018

LIC plans Rs 130-bn capital injection in IDBI Bank; Irdai may ease 15% rule

Mumbai: Insurance Regulatory and Development Authority of India (IRDAI), India's insurance regulatory body, is expected to soon approve purchase of a considerable stake in IDBI...

June 29, 2018

Life insurers log in 4.6% growth in new premium income in Apr

Mumbai: New premium income of the life insurance industry grew 4.6 per cent year-on-year to Rs 7,280 crore (US$ 1.08 billion) in April 2018, supported by new individual premium inc...

May 14, 2018

Blackstone, Warburg vie for Max Financial stake

Mumbai: Blackstone group LP and Warburg Pincus Llc, two major global private equity firms are in talks to acquire a minority stake in Max Financial Services Ltd.


May 10, 2018

Cabinet approves doubling of investment limit for senior citizens from Rs. 7.5 lakh to Rs.15 lakh under Pradhan Mantri Vaya Vandan Yojana (PMVVY)

New Delhi: Investment limit for senior citizens under the Pradhan Mantri Vaya Vandan Yojana (PMVVY) has been increased from Rs 750,000 (US$ 11,250.5) to Rs 1.5 million (US$ 22,501)...

May 03, 2018

121 crores released towards Government of India co-contribution in Atal Pension Yojana (APY); Total number of subscribers registered under APY as on 12th April 2018 has crossed 97.60 lakhs

New Delhi: The Government of India has released Rs 120.92 crore (US$ 18.43 million) as FY 2016-17 co-contribution to the Atal Pension Yojana (APY) and the subscriber base under the...

April 17, 2018

KKR, Standard Chartered may invest in Max Life to fund acquisition plans

Mumbai: Max Financial Services is going to raise Rs 5,000 crore (US$ 769.98 million) from KKR Capital Markets India, Standard Chartered Bank, TPG Global LLC and other co-investors ...

April 10, 2018
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