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The life insurance industry in total paid 8.46 lakh claims on individual policies, with a total payout of Rs 18042 crore in the FY20, data from the latest Insurance Regulatory and Development Authority of India’s annual report showed. Claim settlement ratio is a metric to gauge the percentage of life insurance claims an insurer has settled during a financial year against the number of claims it receives in the period.
IT companies save over 70% in travel costs in Sept quarter Increased digital adoption and deal wins has helped the performance of the IT industry to bounce back in the July-September quarter. What has also benefited the margins of the top tier IT giants is the reduction of travel ex… Read MoreSGX Nifty up 65 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 66.5 points, or 0.57 per cent higher at 11,761.50, in signs that Dalal Street was headed for a positive start on Friday.
from Stocks-Markets-Economic Times https://ift.tt/2H367m… Read MoreLong & Short of Markets: Jhunjhunwala tip for new investors, stocks for the long haul & other top readsMeanwhile, on Dalal Street, investors are confused whether to buy every dip in this 'hated' bull market or wait for the post-Covid era to arrive.
from Stocks-Markets-Economic Times https://ift.tt/37hhiDa
… Read MoreAsian stocks under pressure amid resurgent virus fears"There's a bit of worry there and also at what we're seeing in America and in Europe regarding the virus and how it seems to be taking hold pretty significantly again," said Grant Williamson, investment adviser at Hamilton Hi… Read MoreS&P 500 ends lower as investors eye stimulus impasseThe Dow Jones Industrial Average fell 0.07% to end at 28,494.2 points, while the S&P 500 lost 0.15% to 3,483.34.
from Stocks-Markets-Economic Times https://ift.tt/3k25b08
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