Life Insurance Corporation of India announced its first bonus share issue in a 1:1 ratio, doubling its paid-up equity base. This move aims to reward shareholders amid the stock’s underperformance since its 2022 public debut. The issuance, subject to approval, will capitalize reserves and is expected within two months.
Yen finds footing after intervention, dollar near 6-week low on Mideast hopes
Currency markets took a breather as the Japanese yen gained traction, influenced by recent intervention measures. Meanwhile, the U.S. dollar index lingered near its six-week
August 5, 2026