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LIC has urged the government to implement tax and regulatory changes in the upcoming budget to boost policy sales and insurer margins. Key proposals include treating insurance services as 'zero-rated' for GST to allow input tax credit claims and increasing the tax-free maturity proceeds limit to 10 lakh annually.
Category:
News and Media
Ready for a legal showdown, the BBC is prepared to defend against Donald Trump's planned defamation lawsuit concerning an edited speech. Despite Trump's claims of multi-billion dollar damages for alleged reputational injury, the BBC insists there's no justification for the lawsuit. After their apology for the edit, they maintain confidence in their stance.
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News and Media
Berkshire Hathaway's significant investment in Alphabet, valued at $4.93 billion, signals a strong endorsement of the tech giant's artificial intelligence capabilities. This rare tech bet by the conglomerate, under Warren Buffett's leadership, comes as Alphabet emerges as the top-performing "Magnificent Seven" stock this year, driven by AI advancements and a robust ad business.
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News and Media
Motilal Oswal says the Bihar poll mandate strengthens policy continuity and boosts market confidence, adding momentum to improving earnings, supportive reforms, easing political concerns and macro tailwinds that may aid a more durable market uptrend.
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News and Media
Indian stock markets are showing strong gains, led by the banking sector. Nifty remains above 25,900. Experts see continued momentum in banking, with NBFCs and PSU banks leading. Metals are also attractive for investors. Sector-specific rallies are driving market strength. Investors should watch key levels for Bank Nifty and Nifty.
Category:
News and Media
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