LIC plans to enter fintech space, strategic investment also on the table: CEO Doraiswami

LIC plans to enter fintech space, strategic investment also on the table: CEO Doraiswami

New Delhi: Insurance giant LIC is actively considering setting up a fintech arm either through strategic investment or organically to meet its growing digital needs, CEO and MD R Doraiswamy said. “Naturally, to meet the need for modernization and especially to bring innovation, we are involving both fintech and insurtech players and we are seeing … Read more

Indian stock markets fell for the 5th consecutive week amid geopolitical tensions.

Indian stock markets fell for the 5th consecutive week amid geopolitical tensions.

Indian equity benchmarks closed lower for the fifth consecutive week amid persistent geopolitical tensions, higher crude oil prices and continued foreign outflows. Nifty declined by 1.28 per cent during the week and closed the last trading day at 22,819 with a decline of 2.09 per cent. At the end, Sensex was at 73,583, down 1,690 … Read more