Sunday, August 16
ICICI Prudential Life Insurance Company on Tuesday released its results for the third quarter ended December 31, 2025, posting a 19% year-on-year (YoY) surge in its net profit at Rs 387.15 crore, against Rs 324.91 crore in Q3FY25. Meanwhile, the insurer’s net premium income witnessed a decline of 3.7% YoY.The net income from premiums stood at Rs 11,809.26 crore in Q3FY26, versus Rs 12,261.37 crore posted in the same quarter of the previous financial year.The company reported a Value of New Business (VNB) of Rs 615 crore. For the nine months ended December 31, 2025, (9M-FY2026), VNB stood at Rs 1,664 crore, reflecting a margin of 24.4%.Meanwhile, on a 9-month basis, PAT grew by 23.5% year-on-year to Rs 992 crore from Rs 803 crore in the corresponding period last year, driven primarily by
Shares of Mukesh Ambani-led Reliance Industries slipped as much as 2.3% to an intraday low of Rs 1,448 in afternoon trade on January 13, extending the stock’s weak run so far in 2026, during which it has already declined over 8%. The oil-to-telecom conglomerate is scheduled to announce its December-quarter (Q3FY26) results on Friday, January 16. Can investors buy this dip?What do technicals indicate?“Reliance Industries is currently undergoing a corrective phase after posting a new record high near the Rs 1,610 mark, with the stock slipping below its short-term 20-day and medium-term 100-day exponential moving averages, signalling a loss of near-term momentum,” says Ajit Mishra, SVP at Religare Broking. Mishra believes this decline is part of a healthy consolidation within a broader
New Delhi: Exporters are keeping their fingers crossed on the impact of recent announcement made by US President Donald Trump that Washington will impose additional 25 per cent duty on countries trading with Iran. The exact impact of the additional tariff will be only known after a notification is issued by the Trump administration, said exporters. Indian exporters are already reeling under the impact of the steep 50 per cent tariffs imposed by the US. Trump has announced that any country doing business with Iran will have to pay a 25 per cent tariff on its trade with Washington, a move that could impact Tehran's major trading partners such as India, China and the UAE. Exporters' body FIEO on Tuesday said domestic firms are complying with all sanctions related to trade with Iran, but a cle
