However, the new business margins for the half-year expanded.
LIC's profit after tax fell to 76.21 billion rupees ($903.6 million) for the quarter ended September from 79.25 billion rupees a year earlier. The net premium income rose 11.6 per cent to 1.20 trillion rupees, but the net benefits paid by the insurer to policyholders climbed 17 per cent to 975.62 billion rupees during the quarter.
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Unrest in BJP cadres in Kerala over party leadership
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MUDA scam: Petition filed against CM's wife
Petition is also filed against 11 others in connection with the case
Kerala High Court seeks state's response to plea seeking CBI probe into Naveen Babu's death
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Cong expresses concern over insecurity faced by minorities in Bangladesh
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Stormy JPC meeting on Waqf Bill
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Nothing short of genocide: ISKCON's Radharaman slams Das' arrest, Bangladesh situation
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Bengal Assembly: BJP stages walkout after MLA's microphone 'disconnected'
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