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LIC registers more than twofold jump in new premium income in July

India’s largest life insurer, LIC has registered a more than twofold jump in new business premium income to ₹29,116.68 crore in July this year. Last year, Life Insurance Corporation registered ₹12,030.93 crore of income in July, data by Irdai showed. LIC commands a 68.6% share in the life insurance market. The Insurance Regulatory and Development …

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Toronto, GTA rent prices reached new high in July

Article content The average monthly rents in the GTA jumped more than $400, or 19.3%, year over year for all property types in July. Article content The Bullpen Research and Consulting and TorontoRentals.com Toronto GTA Rent Report says average rent rose to $2,482 from $2,080 in July 2021. Article content Month over month, average rents …

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Newly-Built GTA House Sales Hit Record Low in July

Written By STOREYS Editorial Team July marked the slowest month on record for newly-constructed single-family home sales, though the new condo market continued to perform strongly, according to the Building Industry and Land Development Association (BILD). A scant total of 97 houses — which include detached, linked, and semi-detached homes and non-stacked townhouses — sold …

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NO buyer for this Maruti Suzuki car in July, ₹42k discount not enough: Report

Automobile giant Maruti Suzuki sells all its premium cars at the Nexa dealership. Besides New Grand Vitara, the premium car models include XL6, Ignis, Baleno, Ciaz and S-Cross. However, the buyers seemed to have totally ignored one of these six models, i.e Maruti S-Cross, Hindustan Times sister website Live Hindustan reported. Last month, Maruti was …

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Nokia 8.3 gets July patch, Nokia X20 & Nokia G50 5G receiving new Android 12 builds with July Security update

Nokia 8.3 5G, Nokia X20 and Nokia G50 5G are receiving July Security update now. Nokia X20 and Nokia G50 5G are also receiving new Android 12 builds with July security patches. Check below for the update sizes, list of markets and the update changelog for Nokia 8.3 5G, Nokia X20 and Nokia G50 5G. …

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Luxury home sales from January to July top full 2021 demand

NEW DELHI: Sales of luxury flats, priced above Rs 1.5 crore, stood at 25,680 units across seven major cities during January-June and have surpassed sales in each of the last three years, according to property consultant Anarock. The Mumbai Metropolitan Region (MMR) contributed more than 50% of the total luxury housing sales in the first …

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export: Engineering goods exports slump in July, shipments to China continued decline

Weak demand primarily from China and Europe slowed down India’s engineering goods exports drastically in the month of July 2022. India’s engineering goods exports recorded a meagre 0.20% year-on-year growth in July, reveals data compiled by EEPC India from Directorate General of Commercial Intelligence and Statistics (DGCI&S) and Quick Estimates published by the Government of …

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Corporate tax collection jumps by 34% between April and July this year

The tax department said that the collections in 2021 were higher than the collections in financial year 2018-19 (pre-Covid) by over nine per cent. The income tax department has said that the corporate tax collections till July 31 this financial year witnessed a growth of 34 per cent as compared to the collections in the …

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India’s retail inflation dips below 7% in July; IIP growth in double digits

Consumer prices in the country grew 6.71 per cent in July, compared to the year ago period. Although retail inflation remained higher than the upper tolerance limit of RBI’s target range of 2-6 per cent for a seventh straight month, it has dipped lower than 7 per cent for the first time in four …

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