HDFC Life sees 100 bps hit on margins from higher surrender value

Jun 13, 2024

HDFC Life Insurance Company Limited anticipates an impact of approximately 100 basis points (on a gross basis) on the company's New Business Margin (NBM)...

Sensex jumps by 1,148 points, Nifty closes at 15,246

Mar 03, 2021

Mumbai (Maharashtra) [India], March 3 : Equity benchmark indices extended early gains and closed 2.2 per cent higher on Wednesday with metal and banking...

Higher marketing margins led to over 4.8 times hike in FY24 net profit of Indian Oil Corporation

Apr 30, 2024

Sources told ANI, "Three oil companies IOC, BPCL and HPCL has met a combined net profit of Rs 1.35 lac crores in FY 2023-24."

Despite continued growth, high surrender value rule will negatively impact life insurers Oct onwards: Report

Oct 13, 2024

The IRDAI is set to implement new rules from October 2024, mandating higher surrender pay-outs for policyholders who exit their policies early. This change...

Fitch lower risks for credit metrics of Indian oil marketing firms

Feb 16, 2021

Mumbai (Maharashtra) [India], February 16 : The sustained strength of marketing margins and recovering demand for petroleum products is supporting the profitability of India's...

Global container port congestion squeezes operators' margins: Fitch

Aug 02, 2021

London [UK], Aug 2 : Global container port congestion has increased port operators' costs and put pressure on their margins, Fitch Ratings has said.