India Might Consider Blocking China's Investment In LIC's IPO, As Per Sources

After a series of political tensions between India and China, the Government of India might be considering blocking China from investing in LIC's IPO. Life Insurance Corporation is a crucial financial institution of the country and it is believed that investment intervention from China might pose a risk to the security of the data. Reportedly, the Finance Ministry is looking out for options to prevent China from buying a stakeout.