Meet the 5 richest MPs

A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the MPs are illustrative of how the political stock of the......

'Bhashan se pet nahi bharta': Congress takes dig at PM Modi

Opposition on Monday picked holes in various government decisions like demonetisation and surgical strikes as well as allocation of funds for MNREGA, agriculture sector and Scheduled Castes, saying......

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

Life Insurance Corporation of India (LIC) February 8 for the first time ever crossed the Rs 7 trillion market capitalisation, as the stock price of state-owned insurer hit a new high of Rs......

'Money lending has become prudent and conservative'

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.' Illustration: Dominic Xavier/Rediff.com Microfinance institutions (MFIs) have become......

'Prefer largecap to midcaps and smallcaps'

'Midcap and smallcap indices are trading in the expensive zone.' Illustration: Dominic Xavier/Rediff.com Valuations for the benchmark Nifty are in the comfort zone but small and midcaps are......

Household savings report: There is no distress, says finance ministry

The clarification comes in the backdrop of Reserve Bank of India data showing that household net financial savings rate is at its lowest in decades. Ruchika Chitravanshi reports. Illustration:......