Pension fund regulator PFRDA has chosen state-run LIC as the default annuity service provider for subscribers exiting from New Pension System (NPS) and seeking withdrawal of accumulated pension wealth. Read more
Globally, Indian consumers are known to be smart buyers â€” often called â€˜value seekersâ€™ by marketers.
Indians are always looking for the best deal and to maximise perceived price-value output. Purchase is preceded by a detailed understanding of the productâ€™s functionality, durability, features, performance rating, warranty, fit, colour and customisation. This behaviour is true for almost all product categories and across socio-economic segments. Read more
Tata AIA and Reliance Life witnessed steepest decline in the collection of life insurance premium during the six-month period ending September 2012, Parliament was informed. Read more
SBI Life Insurance Company Ltd has been awarded the â€˜Top Indian Public Sector Enterpriseâ€™ under insurance sector in the PSU Awards 2012 by Dun & Bradstreet.Read more