IBT Business Desk

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LIC emerges as highest profit-making financial firm in Q4

LIC emerges as highest profit-making financial firm in Q4

LIC of India posted India's highest Q4 FY26 profit in the financial sector at Rs 23,420 crore, beating State Bank of India and HDFC Bank in quarterly earnings. LIC shares rose nearly 5% after the results, while its AUM climbed to Rs 57.29 lakh crore. May 24, 2026
Gold surges 0.19 pc this week amid persistent geopolitical tensions

Gold surges 0.19 pc this week amid persistent geopolitical tensions

Gold prices gained 0.19 per cent this week amid continued geopolitical tensions and fluctuations in crude oil prices. While MCX gold and silver futures slipped slightly on Friday, bullion prices remained supported by uncertainty surrounding US-Iran negotiations and tensions near the Strait of Hormuz May 23, 2026
Govt Clarifies No Plan To Monetise Gold Held By Temples

Gold, silver prices fall over 1 pc amid rising US inflation concerns

COMEX gold and silver also traded lower as investors assessed inflation risks, geopolitical tensions, and uncertainty over future US Federal Reserve policy. Analysts said concerns intensified after US President Donald Trump warned of possible renewed strikes on Iran May 20, 2026