LIC to invest around Rs 1.30 trillion in stock market in FY25: MD & CEO

Q: How long will it take to read this news story?

The story "LIC to invest around Rs 1.30 trillion in stock market in FY25: MD &amp; CEO" has 469 words across 20 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "LIC to invest around Rs 1.30 trillion in stock market in FY25: MD &amp; CEO" was covered 5 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 108 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22013018</li><li>URL: https://beamstart.com/news/lic-to-invest-around-rs-17233729577244</li></ul>

Business Standard Logo Business Standard 5h ago

LIC to invest around Rs 1.30 trillion in stock market in FY25: MD & CEO - Business Standard

Quick Summary:

Life Insurance Corporation of India (LIC) MD and CEO Siddhartha Mohanty has said that the corporation is looking to make fresh investments of around Rs 1.30 lakh crore in equities during the current financial year.

During April-June FY25, the insurance behemoth made an investment of about Rs 38,000 crore in shares as against Rs 23,300 crore in the same period a year ago.

"We are surely looking at the markets and price movements...we are looking to invest a good amount at least whatever we had invested in last financial year...