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Life Insurance Corporation of India’s Jeevan Lakshya plan: Check benefits, other details of this LIC policy The policy provides for a lump sum amount at the time of maturity irrespective of survival of the Policyholder. Crude oil processing: India witnesses biggest drop in nearly two decades Refiners processed about 14.75 million tonnes or 3.60 million barrels per day (bpd) of oil last month, government data showed. India’s wheat procurement surpasses last year's level of 34.1 mn tonnes despite COVID hurdles Wheat procurement target has been set at 40.7 million tonnes (MT) for the 2020-21 marketing year. Although the wheat marketing year runs from April-March, the bulk of procurement is normally done in the first three months. GST refunds of Rs 11,052 crore cleared; 29,230 claims disposed of The finance ministry had on April 8 said that to provide relief during COVID-19 it has been decided to issue all pending GST and custom refunds which would benefit around 1 lakh business entities, including MSME. Gold imports fall by almost 100% in April The import of the yellow metal stood at USD 3.97 billion in April 2019, according to the commerce ministry's data.

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