Tue, 05/16/2017 - 22:45

LIC on Tuesday launched a long-term endowment policy Jeevan Umang, that covers up to 100 years and offer a combination of income and protection, including an assured 8 per cent annual return.

Tue, 05/16/2017 - 22:44

The continuing rally in the stock market has had the nation's largest financial investor LIC booking a steep 72 per cent more profit at Rs 19,000 crore from its equity play in FY17, even though its incremental investment into equities has been steadily falling.