ANNUITY
LIC to step up focus on non-par savings, protection products
Life Insurance Corporation of India is enhancing its focus on non-participating savings and protection products. This strategy aims to continue improving profitability amid weak equity market sentiment impacting ULIP sales. The non-participating savings segment saw a significant margin increase, contributing to overall growth.
LIC shares fall 3% as Q2 VNB misses estimates. Jefferies cuts target but lists 3 reasons to buy the stock
LIC reported a 20% year-on-year rise in Q2 consolidated net profit to Rs 12,115 crore, while net premium income grew 16% to Rs 1.47 lakh crore, supported by higher single-premium collections. Net investment income in the shareholders' account surged 38% to Rs 2,855 crore. Its solvency ratio improved to 2.35 from 2.13 a year ago, while the expense ratio declined to 10.26% from 12.05%.
Powerball jackpot resets to $20 million for November 7 drawing after lucky New Jersey ticket wins massive $847 million top prize
The Powerball jackpot has been reset to $20 million for the next drawing on November 7. A record-breaking $847 million was won on Wednesday night by a ticket holder in New Jersey. The winning ticket matched all six numbers in a series of 35 consecutive draws without a winner. The jackpot has rapidly increased due to previous draws without winners.
Powerball winning numbers for November 4 revealed - Did anyone win $835 million jackpot on Wednesday night?
The Powerball jackpot has soared to an impressive $835 million for the Wednesday night's draw after the previous drawing didn’t yield a winner. Players can opt for an annuity payment plan or a substantial lump-sum cash payout. Prizes vary depending on how many winning numbers are matched.
Lodha Developers H1FY27 net profit soars 63%, expects to beat full-year guidance
Lodha Developers reported a 63% rise in first-half FY27 profit to Rs 2,386 crore, driven by strong property sales and market expansion. The developer expects to exceed annual profit guidance while pursuing data centres to boost recurring income.
Powerball jackpot soars past $750 million for October 31 drawing - Here's what Saturday night's winner could take home
The Powerball lottery jackpot has increased to a remarkable $760 million for the Saturday night's drawing after the last drawing had no winners. Participants have the option to choose between a cash payout or annuity payouts for their winnings. The odds of winning the jackpot stand at 1 in 292.2 million, which makes it highly challenging. Powerball is available for ticket purchases in 45 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands.
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These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analysts
Here’s one thing that is worth clarifying, because it is in the headlines. Large global technology companies have been announcing heavy spending on AI, and there has been some correction in those stocks because of it. It is natural to worry that this will spill over into the Indian market. It most likely will not.
Powerball winning numbers for October 28 revealed - Did anyone win $716 million jackpot on Wednesday night?
To claim the jackpot, one has to match five white balls and the red Powerball. It is extremely difficult to achieve this, and from the estimation of the probability, there is 1 in 292.2 million chances of winning the Powerball jackpot. If there is no winner in the latest drawing, the jackpot will increase even further on Saturday due to the rollover.
Powerball jackpot jumps to $716 million for October 28 drawing - Here's what Wednesday night's winner could take home
The Powerball jackpot currently stands at $716 million for the next drawing on October 28. After multiple rollovers, no winner matched all six numbers in the last draw. Players can choose between an annuity or a cash payout, but both options are subject to taxes. The probability of winning the jackpot remains extremely low, with very few winners in previous years.
Powerball jackpot numbers for October 26 revealed - Did anyone win $687 million top prize on Monday night?
The Powerball jackpot is currently at an estimated $687 million for the Monday night drawing. Recent winners include a ticket purchased in Illinois worth $1.04 billion. The Powerball offers various prizes for matching different numbers, increasing players' chances of winning something. Tickets can be bought in multiple states, including Puerto Rico and the US Virgin Islands. The next drawing is set for Monday, providing a new opportunity for players.
Powerball jackpot drawing today: Check total prize money, winning numbers, time, cash option and other details
Today's Powerball drawing boasts a staggering estimated jackpot of $687 million after multiple draws have failed to yield a winner. Players have the choice to collect their winnings as either an annuity or a lump-sum payment. Be ready for the drawing at 10:59 p.m. ET; ticket sales will end in the hours leading up. To enter, select five white balls and one red Powerball.
Powerball jackpot soars to $687 million for October 26 drawing - Here's what Monday night's winner could take home
The Powerball jackpot has soared to an impressive $687 million for the upcoming Monday night drawing, following a previous draw that saw no winners. Players have the choice between a 30-year annuity or a lump-sum cash payout. Despite the enticing prize, the odds of winning remain overwhelmingly slim. The next drawing is set for October 26, and tickets can conveniently be purchased online or at various local vendors.
Powerball Ohio winners October 24, 2026: Check winning numbers last night as Powerball jackpot nears USD 700 million
Powerball winners last night: While Power Play option was 2x, the jackpot has touched $687 million. Next Powerball drawing is scheduled for Monday, October 26.
Working while collecting Social Security? Here's what could happen to your checks in 2027
Social Security recipients who continue working in 2027 will face higher earnings limits before benefits are withheld. Find out how much you can earn, what income counts toward the limit and how claiming benefits before full retirement age could affect your monthly checks.
Will working cut your Social Security check in 2027? The new $25,560 earnings limit could affect your monthly check — here's what retirees need to know
Took Social Security at 62 but still working? Watch your earnings. In 2027, if you earn above $25,560, the SSA withholds $1 for every $2 extra. It is not lost. After full retirement age, your monthly cheque rises to make up for it. Pensions and interest income do not count.
On a High-way: India revamps highway EPC rules with rating-based deposits, crash penalties
The Centre has revised performance security measures for national highway contractors based on their ratings. Contractors rated above 80% will deposit 3% of project value, while lower-rated contractors will deposit 4% or 5%. This initiative aims to incentivize quality in highway construction and improve contractors' cash flow. Additionally, higher standards for land acquisition and compensation mechanisms have been established.
Powerball jackpot climbs to $607 million for October 19 drawing - Here's what Monday night's winner could take home
The Powerball jackpot has soared to an impressive $607 million, with the next drawing set for October 19. In a twist, the previous drawing yielded no jackpot winners. Those fortunate enough to win can opt for either a cash payout or an annuity payment. Players can snag their tickets in various states or through designated online platforms, giving them a fresh opportunity to strike it rich soon.
Ventive Hospitality in talks to acquire 2-3 luxury hotels
Ventive Hospitality, a joint venture between Panchshil Realty and Blackstone, is in discussions to acquire luxury hotels. The company aims to secure two to three hotels that will generate significant EBITDA income. Currently, Ventive Hospitality operates 14 assets, including various high-end hotel brands across India and the Maldives. Plans are underway to launch the first Ritz Carlton Reserve project in India.
DLF focuses on housing sales, healthy margins, rental income as growth engines: MD Ashok Tyagi
DLF Ltd focuses on generating strong pre-sales of luxury homes and increasing rental income from commercial properties. The company expects significant revenue growth as housing projects launched post-COVID complete over the coming years. DLF's recent performance reflects brand strength and disciplined execution, despite a decline in sales bookings. The company has achieved a positive net cash position, even after significant dividend outflows.
Powerball jackpot touches $600 million for October 17 drawing - Here's what Saturday night's winner could take home
With the Powerball jackpot climbing to a staggering $600 million, the excitement among players is palpable. Winning this life-changing sum requires matching all six numbers, a challenging proposition given the odds of one in 292.2 million. Nevertheless, history shows that players can still snag impressive payouts without winning the jackpot. Don’t miss out - the Powerball draws are held three times a week on Mondays, Wednesdays, and Saturdays.
Alpha Alternatives raises over Rs 6,000 crore for first infrastructure fund
Alpha Alternatives has garnered over ₹6,000 crore for its initial infrastructure fund, which is set to focus on key projects such as roads and renewable energy frameworks. The Build India Infrastructure Fund's goal is to improve operational efficiencies and eventually monetize assets through investment trusts. Meanwhile, Bajaj Alternate Investment Management is initiating fundraising for its first real estate venture centered on commercial office properties.
HDFC Life posts 14% rise in Sept quarter profit
Value of new business (VNB) margin expanded 20 basis points to 24.7% against 24.5% a year ago. One basis point is a hundredth of a percentage point. Value of new business grew 12% to ₹2,040 crore.
LIC reveals details of its 3 new plans: Check benefits of New Jeevan Dhara-II, Health Shield and New Cancer Cover
Life Insurance Corporation of India is set to launch three new insurance products on October 19, 2026. These offerings, namely New Jeevan Dhara-II, Health Shield, and New Cancer Cover, have been designed to cater to various financial needs like retirement funds and health insurance. Customers will have easy access to these plans online via LIC's official portal, promising a boost in financial stability for families.
Powerball jackpot numbers for October 14 revealed - Did anyone win $562 million top prize on Wednesday night?
The powerball has continued to increase the jackpots every time there is no ticket that matches the six-number combination in a particular drawing. This strategy has resulted in some amazing prizes throughout the years. The largest prize ever to be won in the Powerball is the astounding $2.04 billion in 2022. The Powerball lottery tickets can be purchased in 45 states, Washington, DC, Puerto Rico, and the US Virgin Islands.
Powerball jackpot soars to $562 million for October 14 drawing - Here's what Wednesday night's winner could take home
In a thrilling turn of events, the Powerball jackpot has now reached an incredible $562 million due to no winners in the latest drawing. Players face daunting odds of 1 in 292.2 million but can still dream of life-changing wins. Winners have the choice between a lump sum or an annuity. The lottery continues to captivate, with past big winners from 2026 lending to its charm.
ICICI Life Q2 net profit rises 25% on better product mix
In the latest financial report, ICICI Life Insurance announced a remarkable 25% increase in net profit for the second quarter, reaching ₹374 crore. Over the first half of FY27, profits rose by 26.5% to ₹760 crore. With annualised premium equivalent growing by 15.1% to ₹4,935 crore, the firm continues to strengthen its focus on protection and retirement products, leading to enhanced profitability and a 22.
Ircon to monetise 4 highway assets; PSU plans to unlock 3,000cr value as part of GoI's infra monetisation
Ircon International has placed four highway assets for sale in a government-led monetisation programme. These assets include toll-road and hybrid annuity model projects located in Madhya Pradesh, Rajasthan, Karnataka, and Gujarat. The enterprise value of the assets is estimated to be around ₹3,000 crore, as advised by Axis Capital. Currently, Ircon is a Navratna company primarily earning from its railway segment.
LIC to launch three new insurance plans on October 19, 2026: Annuity, health insurance and cancer cover to go on offer
Life Insurance Corporation of India is set to introduce three new insurance products on October 19, 2026. The offerings include LIC’s New Jeevan Dhara - II, LIC’s Health Shield, and LIC’s New Cancer Cover.
Powerball jackpot numbers for October 12 revealed - Did anyone win $538 million top prize on Monday night?
With the Powerball Jackpot reaching a stunning $538 million, anticipation is building for the drawing on October 12. Participants can opt for an annuity or a cash payout, though taxes will be deducted from winnings. Despite the slim odds of winning at 1 in 292.2 million, excitement is high, especially after recent substantial wins across the United States, as the next drawing approaches on October 14.
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