Joey Logano, driver of the #22 AAA Insurance Ford, drives during practice for the NASCAR Cup Series AutoTrader EchoPark Automotive 400 at Texas Motor Speedway on April 13, 2024 in Fort Worth, Texas.Photo: Jonathan Bachman (Getty Images) Paying for car insurance sucks now more than ever. Premiums seem to keep rising and consumers aren’t receiving … Read more
The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the biggest winners, in-line with optimistic trends in equities. Last week, the BSE benchmark jumped 1,653.37 points or 1.99 per cent. The BSE benchmark soared 1,359.51 points or 1.63 … Read more
Former President of the United States and current presidential candidate Donald J. Trump made an interesting promise on Twitter earlier this week: Lowering car insurance rates. That would be a major boon for American drivers, putting tons of money back in our collective pockets if not for one little issue. He can’t do it. Gen … Read more
Martin the GEICO gecko seen during ACM Party For A Cause at Ascend Amphitheater on August 24, 2021 in Nashville, Tennessee.Photo: Erika Goldring (Getty Images) Car insurance has gone from being an annoying monthly bill to a crippling expenditure that makes me question if I want to own a car. Headlines across the country have … Read more
The combined market valuation of nine of the top 10 most valued firms jumped by Rs 95,522.81 crore last week, with Reliance Industries, TCS and HUL emerging as the biggest gainers. Rising for the fourth straight session, the 30-share BSE Sensex ended 33.02 points or 0.04 per cent higher at 81,086.21 on Friday. Last week, … Read more
The cost of car insurance has skyrocketed over the past year, but rates have been even higher for certain drivers solely based on where they live. Take the most expensive city in the U.S. to insure a car. On average, car insurance costs $5,300 per year in Detroit, Michigan. Insurers claim the high prices are … Read more
Chakri Lokapriya, Managing Partner, RSB LLP, says the current Supreme Court ruling on mines, allowing states to collect past dues will mean an outgo of about Rs 60,000 crore for just the PSUs and another Rs 1 lakh crore for the private companies. So, Rs 1,60,000 crore will need to be repaid over the next … Read more
Mumbai: A particular kind of sovereign debt trade is set to receive a shot in the arm with the entry of the Life Insurance Corporation of India, signalling a new era of durable long-term government bond demand, running into trillions of rupees, from the insurance industry. The country’s largest insurer – which has a total … Read more
Shares of India’s largest insurance provider, Life Insurance Corporation (LIC), surged 3% to a day’s high of Rs 1,159.60 on the BSE after reporting a net profit of Rs 10,544 crore for the first quarter ended June 2024. The Q1 PAT advanced 9% compared to Rs 9,635 crore reported in the same quarter last year. … Read more
India’s Adani Energy Solutions raised $1 billion through a share sale, which got bids from U.S. investors and sovereign wealth funds, the power distribution company said on Monday. The qualified institutional placement (QIP) was the Adani Group’s first fundraising from equity markets after a $2.5 billion share sale was scrapped in February last year. The … Read more
