Sanjay Sadhuram Matte Financial Advisor | LIC With over 28 years of professional experience since my appointment on 15 January 1998, I have discovered that real wealth is not only about money. True wealth is something each person must define for themselves. Without clarity, people often get lost in hard work, stress, and frustration, forgetting to truly live and enjoy life. Real wealth is loving who you are, appreciating where you are, and being grateful for what you have.
State-owned insurer LIC's board has approved a 1:1 bonus share issue, granting one additional share for every share held on the record date. This move will be funded by capitalizing Rs 6,325 crore from reserves by December 2025 and is expected to be completed within two months of the board's approval.
Indian economy on strong footing but duration of West Asia conflict, resultant damage to the energy infrastructure add risk to inflation, growth outlooks, says RBI Governor Malhotra.
