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Additionally, the insurer’s gross written premium (GWP) increased 10.4 percent to ₹28,257.7 crore in FY25, compared to ₹25,594.2 crore in FY24 while net earned premium grew 17.4 percent to ₹19,800.2 crore during the same period. Commenting on the results, Sanjeev Mantri, Managing Director & CEO, said, “We delivered strong growth across key financial metrics despite…
The Indian banking sector is expected to post subdued earnings growth in Q4FY25, driven by modest loan and deposit growth, pressure on net interest margins (NIMs), and rising slippages in unsecured and microfinance segments. However, improved recoveries and regulatory changes may aid credit costs. According to Motilal Oswal Financial Services (MOFSL), net interest income (NII)…
Stock market news: Indian stock indices finished significantly higher on Friday, bolstered by Trump’s announcement to pause reciprocal tariffs on numerous countries, including India, for a period of 90 days. The Sensex closed at 75,157.26 points, gaining 1,310.11 points or 1.77 percent, while the Nifty 50 ended at 22,828.55 points, up 429.40 points or 1.92…
Dividend stocks: With the earning season kicking in from April onwards, numerous companies have notified exchanges regarding proposals for final or interim dividend payments this week. From major banks such as HDFC Bank and ICICI Bank to tech giant Infosys, they are expected to declare dividends this week, starting from April 14. HDFC Bank India’s…
Top stocks to buy for the long term: In line with its global peers, the Indian stock market has witnessed heightened volatility so far in April after US President Donald Trump announced sweeping tariffs on imports from more than 100 countries, triggering fears of a trade war. The volatility index India VIX has soared 69…
Stock market today: Indian indices, Nifty and Sensex, opened lower and remained in negative territory, declining by over half a percent following the RBI’s Monetary Policy Committee announcement. RBI, as anticipated, reduced the repo rate by 25 basis points on Wednesday, April 9. The RBI’s six-member Monetary Policy Committee (MPC) unanimously voted to lower the…
The Indian equity markets experienced a rollercoaster ride over the past few months, with the Nifty 50 reaching an all-time high of 26,216 on September 26, 2024, before witnessing a steep correction of 16 percent until February 28, 2025. However, March 2025 saw a strong rebound of 6.3 percent. Axis Securities believes the current risk-reward…
Expert views on the Indian stock market: Pankaj Pandey, the head of research at ICICI Securities, believes India Inc.’s earnings may start showing recovery from the first or second quarter of the next financial year (FY26). He added that valuations have become more reasonable after the correction and provide lucrative opportunities for long-term wealth creation….
