The government has increased the existing limit of the Employees Deposit Linked Insurance (EDLI) amount from Rs 60,000 to Rs 1 lakh. The amount will be paid to the next of kin of an employee in case of his death.
After banks, it's the turn of housing finance companies to have a more transparent regime for pricing of loans. The National Housing Bank (NHB), the regulator for these companies, is working on a system that is similar to the base rate regime introduced for banks recently.
In an interview with Business Standard, Jalan, who has also been a member of the Rajya Sabha, speaks on a wide range of issues concerning the markets
But big brokerages see no problem with Sebi panel's recommendations.
With the Supreme Court likely to announce its judgement on the gas price tussle between Ambani brothers next week, the share price of Reliance Industries Ltd has taken a sharp knock while Reliance Natural Resources Ltd witnessed a spike.
Insurance and investment are two different needs. Then, there are Ulip pension plans with no sum assured. No wonder, there is confusion.
Delay your asset reallocation, take a call on debt after a few months.
With the financial year coming to an end, one needs to start proper planning for the new one.
Soros has bid for the BSE stake, held by the embattled Dubai Financial Group LLC, through Soros Fund Management LLC, and Kaiser has done so through private equity fund, Argonaut.
Go for short-term debt funds and fixed deposits, delay home or auto loans.
Thirty per cent of the firms - mostly big companies - had no ceiling on the gratuity amount.
S Ramadorai, vice-chairman of Tata Consultancy Services (TCS), is set to become non-executive chairman of the Bombay Stock Exchange (BSE) following the exit of Jagdish Capoor last week on health grounds.Ramadorai will join BSE board on Monday and assume the role of chairman later.
The common man's main grouse is high inflation numbers. But there are other anomalies as well that need to be addressed.
Market participants say the focus of Finance Minister Pranab Mukherjee will be on fiscal deficit, more so in the wake of the recent debt crisis in some Europeon countries.
Till a few years ago, dealing rooms used to bustle with activity on the day the Union Budget was presented. Dealers and analysts had to report to work early and those who were part of the institutional desk were flooded with calls from Hong Kong and Singapore-based deep pocketed clients.
With necessity being the mother of invention, commercial property developers are going off the beaten track to meet the challenge of a huge sales slowdown.
Unlike fixed deposits or other recurring deposits, the rate will be reviewed every three months.
With the stock markets falling, four initial public offers (IPOs) that opened this week are facing rough times and finding it difficult to get investors.
Don't make fresh lumpsum commitments, but continue with your SIP investments.
A significant rise in trading in small and mid-cap stocks over the past three months has pushed up the market share of the Bombay Stock Exchange by over 3 percentage points in the cash segment of the equity market.