Life Insurance Corporation of India (LIC) has announced two new joint life insurance savings plans named ‘LIC’s New Jeevan Sathi Single Premium’ and ‘LIC’s New Jeevan Sathi Limited Premium’.
These plans, designed for couples, will be available from June 2026. They offer joint life financial protection, guaranteed returns, fixed benefits, and a premium waiver on the first death, along with loan facilities and flexible payout options.
The Life Insurance Corporation of India (LIC) has acquired 26.26 crore equity shares, representing a 2.901% stake, in the Central Bank of India (CBI) through open market purchases. This transaction has increased the total shareholding of LIC in the bank from 3.16% to 6.06%.
The Ministry of Finance (MoF) has notified the “Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026”, allowing 100% Foreign Direct Investment (FDI) in Indian insurance companies and intermediaries through the automatic route.
It is to be noted that foreign investment in the Life Insurance Corporation of India (LIC) remains restricted to a maximum of 20% under the automatic route.
Life Insurance Corporation of India (LIC) has launched two digital initiatives named ‘LIC’s Customer Application (MyLIC)’ for policyholders and ‘Super Sales Saathi’ for sales intermediaries. The platforms were introduced at an event in Mumbai to enhance the digital experience for customers and streamline operations for sales personnel.
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"Came across Editorial Vocabulary podcast video accidentally and really loved the idea. Its really useful for my preparation."
"Wonderful session. Thank you so much and really hats off to you for making current affairs and editorial an easy one."
"This is one the best app for Current Affairs. The content is cut and short whichever is required and is easy to remember with flashcards."
"Thx to daily quizzes. It played a big role in revisions. April 2024 - April 2025 I missed quizzes 3 or 4 days only. It's that interesting."
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