MOFSL said it sees a clear prioritisation of capex, which should grow at 10.3 per cent YoY and remain close to 3.1 per cent of GDP, with higher allocations for defence and allied industries.
Market Guru Yogesh Patil, CIO-Equity at LIC Mutual Fund, shares his outlook for calendar year 2026, Q3 earnings expectations, sectoral trends, and asset allocation strategies. Patil highlights improving credit growth, potential interest rate cuts, normalization in Q3 earnings, and selective opportunities across BFSI, specialty chemicals, defence, and capex-led sectors. He also discusses the structural bull case for gold and silver amid global uncertainty and central bank buying. While challenges remain, Patil believes the next 15 months could be better than the previous phase, supported by policy reforms, easing liquidity, and improving economic momentum.
Emkay sees the possibility of draft commission regulations being released this month with some emphatic provisions toward curbing the predatory commission practices by dominant distributors.
Protection Plus is designed as a unit-linked life insurance plan that combines insurance cover with investment opportunities. In contrast, Bima Kavach focuses entirely on risk protection. It is a non-linked, non-participating individual life insurance plan.
LIC's holding value in ITC fell to Rs 69,578.06 crore from Rs 80,079.84 crore on Wednesday, a fall of Rs 10,501 crore in two days.
In Lok Sabha Finance Minister Nirmala Sitharaman addressed concerns over the future of public sector insurance companies, highlighting the government’s focused reforms since 2014. She said capital infusion of ₹17,450 crore was made into three public sector general insurers to strengthen their balance sheets, resulting in LIC, GIC Re and AICIL reporting their highest-ever profits last year. The Finance Minister explained that FDI limits in insurance were gradually raised from 26% to 49% in 2015 and further to 74% in 2021 to attract global capital and expertise, while ensuring reinsurance premiums remain within India. She added that the number of insurers rose from 53% in 2014–15 to 74% in 2024–25, with insurance penetration, density, premiums and assets under management showing sharp growth over the decade.
In Lok Sabha Finance Minister Nirmala Sitharaman highlighted the impact of LIC’s Bima Sakhi initiative, launched by Prime Minister Narendra Modi in December 2024. She said close to two lakh women have been trained and deployed as insurance agents under the scheme, helping expand insurance coverage across households, especially among women who are often excluded from the protection net. The Finance Minister stressed that the government values the contribution of India’s 14 lakh insurance agents and is committed to protecting their livelihoods. She reiterated that all policy measures will strengthen agents’ roles in last-mile insurance delivery. Sitharaman added that LIC will be granted greater operational autonomy to enhance efficiency and outreach.
Emkay Global said the exclusion of composite licensing and open architecture in the agency channel alleviated long-standing concerns for Star Health and Allied Insurance.
The proposed legislation seeks to amend three core acts — the Insurance Act, the LIC Act and the IRDAI Act — to unlock new avenues for capital infusion, simplify licensing and entry norms, and tighten governance and oversight across the industry.
Stocks including Tata Steel, LIC of India, Cipla, TCS, Adani Enterprises, Mazagon Dock, SBI, Bank of Baroda, SBI Life and more will be in the spotlight on Thursday, December 11.
While Protection Plus blends life cover with market-linked savings, Bima Kavach is designed as a pure protection plan offering a guaranteed death benefit.





