LIC Income

Share price comes under pressure around the time when such a deadline is over, trend shows

A knock-out debut could see state-owned insurer raise as much as $10 billion from the IPO. It would burnish Prime Minister Narendra Modi's reputation as a reformer.

Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation, notes analysts at Jefferies

Earned from investment in govt bonds, state development loans, interest, profits on sale of equity