Indian Insurance Industry News & Updates - September 2021

EPFO extends deadline to upload details by employers for higher pension option by 3-month till Dec 31
Retirement fund body EPFO has given three more months until December 31, 2023, to employers for uploading wage details regarding pension on higher wages.

30 Sep 2023
Last Financial Closing

 

Sensex 66,023.69 (+14.54)
NSE 19,674.55  (+0.30) 
US$ spot Rs.72.8
US$ Y.104.9300
US$ 6 months Rs.
Yen Rs.0.69
Euro spot Rs.88.1
Gold (10gm) Rs.47,196.00
Silver (1kg) Rs.69,184.00
 
 

Crude Oil (WTI)  
Crude Oil (Brent) $61.3
   


Scip on BSE Face Value (Rs)  Last Traded Value (Rs.)
Apollo Tyres  1 377.10 
Asahi Ind  1 620.25 
Amara Raja B 1 636.70  
Ashok Leyland  1 182.75 
Bharat Forge 2 1,104.00 
JK Tyre Ind  10 282.45
Eicher Motor  10 3,382.00 
Escorts  10 3,240.00 
Exide Ind  1 259.10 
Force Motors  10 3,758.00 
Gabriel India  1 315.20 
Hero Motocor  2 2,973.30 
Hind Motors  5 15.50 
HiTechGear  10 365.75 
Jay Bharat   5 270.00 
Jamna Auto 5 117.45 
Kinetic Engg  10 142.65 
KOEL   2 487.25 
Kirloskar Bro:  2 813.00 
L&T   2 2,910.05 
Lumax Ind  10 2,419.00 
Lumax Tech  10 355.50 
M&M  5 1,587.05 
Maruti Suzuki  5 10,588.20 
Motherson SS  1 96.60 
Minda Inds  2 600.75 
MRF  10 1,09,044.25 
Omax Auto  10 57.05 
Rico Auto  1 81.40 
JTEKT India  1 144.10 
SRF Ltd  10 2,239.00   
Tata Motors  2 619.00 
 TVS Motors  1 1,516.10 

 

LIC's strategy shift helps reducing government borrowing costs
Life Insurance Corp of India (LIC) boosted its federal and state debt purchases to reduce capital volatility, reported Reuters citing sources. The move also helped in reducing government borrowing costs.

India’s foreign exchange reserves dip $2.34 bn to $590.7 bn
India's foreign exchange reserves dipped by $2.335 billion to $590.702 billion for the week ending September 22, latest data by the Reserve Bank of India (RBI) showed on Friday.

World Heart Day 2023: What kind of insurance cover should you choose to protect your heart? MintGenie explains
“H” stands for “heart” with the same “H” standing for “health” too. Obviously, you cannot take care of your health by ignoring the rumblings of your heart. Every year, on September 29, we commemorate “World Heart Day”, a global observance dedicated to increasing awareness about cardiovascular diseases (CVDs), the foremost contributor to worldwide mortality. CVD encompasses a range of conditions impacting the heart and blood vessels, encompassing heart attacks, strokes, heart failure, and arrhythmias. Annually, the World Heart Federation (WHF) selects a theme for this occasion. In 2023, the chosen theme is “Use Heart,” motivating individuals to prioritize heart health and leverage their hearts to enact positive change in the world.

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