An advertisement for the Life Insurance Corporation of India, at a metro station in Mumbai. The insurer on Saturday approved selling a 3.5 per cent stake for about 210 billion rupees ($2.8bn). Reuters
An advertisement for the Life Insurance Corporation of India, at a metro station in Mumbai. The insurer on Saturday approved selling a 3.5 per cent stake for about 210 billion rupees ($2.8bn). Reuters

Business

Markets

Waning demand for LIC public offering may deepen India's fiscal challenges

Foreign funds have withdrawn more than $16bn from Indian stocks this year

Bloomberg

April 25, 2022

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