LIC TO GO SLOW ON INVESTMENTS

Life Insurance Corporation of India (LIC) will go slow on buying shares in the remaining months of the financial year, according to a top official. LIC, with assets of ` 27.26 lakh crore as of end- September, had targeted an investment of ` 50,000 crore in stocks for the entire 2017/18. As of November- end, it had invested around

` 44,000 crore.