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LIC eyes higher yields from real estate – The Times of India
MUMBAI: Life Insurance Corporation will soon take measures to increase the yield on its real estate assets, which have a book value of Rs 16,000 crore post-revaluation and a market value of over Rs 45,000 crore. Officials said that while real estate typically yields 3-4%, the capital gains are much higher. The corporation has also shelved plans to acquire a strategic stake in a health insurance company.Addressing a press conference after the board meeting, the corporation’s MD & CEO R Doraiswamy said LIC has decided to go slow on its earlier announced plan of entering the health insurance business, which was announced by his predecessor. “There was a plan to enter as a strategic investor in a standalone health insurance company to understand the market. But while evaluating options, we find it is not immediately required. So we are not moving fast. As and when we find a suitable opportunity, we will look at it,” he said.
Maximising returns
Officials said LIC is reviewing its entire real estate portfolio to identify ways to enhance yields. It indicated that selling properties is not the immediate priority and the focus is on strengthening income generation from the assets. Officials said the insurer is also open to examining new structures, including options such as Reit-like models, although no decision has been taken yet.In her Budget speech, finance minister Nirmala Sitharaman said that the govt would accelerate recycling of significant real estate assets of central public sector enterprises through the setting up of dedicated Reits.For the quarter ended Dec 2025, the corporation reported standalone net profit of Rs 12,958 crore, up 17.2% from Rs 11,056 crore in the corresponding year-ago period.Profit before tax rose 16.7% to Rs 12,897 crore from Rs 11,056 crore, according to the insurer’s reviewed standalone financial results. Net premium income rose 17.5% to Rs 1,25,613 crore from Rs 1,06,891 crore, supported by growth in new business and single premium products.The corporation has not yet taken a call on selling stake in NSE, where it is a major shareholder, in the forthcoming IPO.
The UK’s competition watchdog says it is looking at five firms in its investigation into misleading online reviews.
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Gold price today (March 25, 2026): How much 24K and 22K gold cost in Delhi, Mumbai & more- Check rates – The Times of India
Gold futures traded higher on the Multi Commodity Exchange (MCX) on Friday with key contracts registering gains of up to 1.6 per cent amid firm buying interest and supportive global cues.The April 2026 gold contract rose by Rs 2,290, or 1.64 per cent, to trade at Rs 1,41,783 per 10 grams. The contract moved between an intraday low of Rs 1,40,287 and a high of Rs 1,42,800. The June 2026 contract, which saw higher trading activity, gained Rs 1,921, or 1.35 per cent, to Rs 1,44,435 per 10 grams. During the session, it touched a low of Rs 1,43,652 and a high of Rs 1,45,773. Meanwhile, the August 2026 contract advanced by Rs 1,480, or 1.02 per cent, to Rs 1,47,100 per 10 grams, with an intraday range of Rs 1,47,040 to Rs 1,48,600.Here is how gold prices stand across major cities today:
Gold price in Delhi today
Gold prices in the national capital declined, with 24K gold quoted at Rs 14,486 per gram, down Rs 218, while 22K gold slipped Rs 200 to Rs 13,280 per gram.
Gold price in Mumbai today
Mumbai bullion markets also saw a drop, with 24K gold priced at Rs 14,471 per gram, down Rs 218, and 22K gold at Rs 13,265 per gram, lower by Rs 200.
Gold price in Chennai today
Chennai recorded a sharper decline, with 24K gold selling at Rs 14,651 per gram, down Rs 262, while 22K gold dropped Rs 240 to Rs 13,430 per gram.
Gold price in Kolkata today
In Kolkata, 24K gold was quoted at Rs 14,471 per gram, down Rs 218, while 22K gold stood at Rs 13,265 per gram, lower by Rs 200.
Gold price in Hyderabad today
Hyderabad markets reflected a similar trend, with 24K gold priced at Rs 14,471 per gram, down Rs 218, and 22K gold at Rs 13,265 per gram, slipping Rs 200.
Gold price in Bangalore today
In Bangalore, 24K gold was quoted at Rs 14,471 per gram, down Rs 218, while 22K gold was selling at Rs 13,265 per gram, lower by Rs 200.
Gold price in Ahmedabad today
Ahmedabad bullion markets showed declines, with 24K gold at Rs 14,476 per gram, down Rs 218, while 22K gold fell Rs 200 to Rs 13,270 per gram.
Gold price in Lucknow today
In Lucknow, 24K gold was priced at Rs 14,486 per gram, down Rs 218, while 22K gold moved lower by Rs 200 to Rs 13,280 per gram.
Gold price in Patna today
Patna markets also recorded weaker rates, with 24K gold quoted at Rs 14,476 per gram, down Rs 218, and 22K gold at Rs 13,270 per gram, lower by Rs 200.
Gold price in Jaipur today
In Jaipur, 24K gold was quoted at Rs 14,486 per gram, down Rs 218, while 22K gold stood at Rs 13,280 per gram, down Rs 200.
A key survey indicates growing doubt among shoppers over prospects for the UK economy in the next year.
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Gold price today (March 25, 2026): How much 24K and 22K gold cost in Delhi, Mumbai & more- Check rates – The Times of India
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