LIC's embedded value pegged at Rs 5.42 lakh crore https://ift.tt/hI4uiRa insurer that listed on the bourses this year said that its Indian embedded value was ₹5.42 lakh crore as of end-March, nearly six times of what it was a year back. The return on embedded value was 11.9% as compared to 36.9% in the year-ago period. The value was disclosed late while the company said it will be announced with quarterly results henceforth.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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