LIC Archives - India Podcast https://indiapodcast.com/tag/lic/ Audio-Video-Text Tue, 19 May 2026 04:16:10 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://indiapodcast.com/wp-content/uploads/2026/05/cropped-favicon-32x32.png LIC Archives - India Podcast https://indiapodcast.com/tag/lic/ 32 32 Govt Directs State-Run Banks and Insurers to Cut Costs, Shift to EVs https://indiapodcast.com/govt-directs-state-run-banks-and-insurers-to-cut-costs-shift-to-evs/ Tue, 19 May 2026 04:16:10 +0000 https://indiapodcast.com/?p=54165 The Indian government has issued fresh instructions as Govt directs state-run banks and insurers to cut costs and improve efficiency. The move aims to reduce expenses in public sector financial institutions and encourage sustainable practices. Officials said Govt directs state-run banks and insurers to cut costs by limiting unnecessary spending and improving operational efficiency. Major […]

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]]> The Indian government has issued fresh instructions as Govt directs state-run banks and insurers to cut costs and improve efficiency. The move aims to reduce expenses in public sector financial institutions and encourage sustainable practices.

Officials said Govt directs state-run banks and insurers to cut costs by limiting unnecessary spending and improving operational efficiency. Major institutions such as State Bank of India, Bank of Baroda and Life Insurance Corporation of India will follow the new guidelines issued by the Finance Ministry.

Under the directive, most meetings should take place through video conferencing. Physical meetings should be held only when absolutely necessary. Senior officials must also reduce foreign travel and attend international meetings online whenever possible.

The government has also asked institutions to adopt eco-friendly transport. Offices and branches will gradually replace petrol and diesel vehicles with electric vehicles to reduce fuel costs and carbon emissions.

These measures aim to control expenses while promoting environmentally responsible operations across public sector financial institutions.

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]]> Top Indian Firms Gain Rs 1.18 Lakh Crore https://indiapodcast.com/top-indian-firms/ Sun, 21 Sep 2025 08:43:27 +0000 https://www.indiapodcast.com/?p=11595 The combined market valuation of seven of India’s top ten companies rose by Rs 1,18,328.29 crore last week. State Bank of India and Bharti Airtel were the biggest gainers. SBI’s market value jumped by Rs 35,953.25 crore, reaching Rs 7,95,910 crore. Bharti Airtel’s valuation increased by Rs 33,214.77 crore to Rs 11,18,952.64 crore, reflecting strong […]

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]]> The combined market valuation of seven of India’s top ten companies rose by Rs 1,18,328.29 crore last week.

  • State Bank of India and Bharti Airtel were the biggest gainers. SBI’s market value jumped by Rs 35,953.25 crore, reaching Rs 7,95,910 crore.
  • Bharti Airtel’s valuation increased by Rs 33,214.77 crore to Rs 11,18,952.64 crore, reflecting strong investor sentiment.
  • Tata Consultancy Services (TCS) added Rs 12,952.75 crore, pushing its market cap to Rs 11,46,879.47 crore.
  • LIC rose by Rs 12,460.25 crore to Rs 5,65,612.92 crore, while Infosys gained Rs 6,127.73 crore, reaching Rs 6,39,901.03 crore.
  • HDFC Bank saw a small increase of Rs 230.31 crore, standing at Rs 14,84,816.26 crore.

On the other hand, ICICI Bank’s valuation fell by Rs 10,707.87 crore to Rs 10,01,654.46 crore. Bajaj Finance lost Rs 6,346.93 crore, and Hindustan Unilever declined by Rs 5,039.87 crore. By week-end, the most valued companies were HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Bajaj Finance, Hindustan Unilever, and LIC. Last week, top firms had gained Rs 1,06,250.95 crore, with Bajaj Finance being the major gainer, showing the BSE’s continued upward trend.

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