Company to help dealers build secondary income sources like insurance, finance, after-sales, accessories
According to the report, financial assets of the Indian households are predominantly in the form of bank deposits, followed by life insurance - a pattern that got disrupted after note ban
India's economy could prove to be the "most resilient" in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post COVID-19 pandemic and the country's large market will continue to attract investments. The report titled 'Foreign Direct Investment Trends And Outlook In Asia And The Pacific 2020/2021', and compiled by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), stated that inward FDI flows to South and South-West Asia slightly decreased by 2 per cent in 2019, from $67 billion in 2018 to $66 billion in 2019. The growth, however, was mainly driven by India, which accounted for 77 per cent of the total inflows to the subregion and received $51 billion in 2019, up 20 per cent from the previous year.
Transcript of the insurance chat held on August 22, 2006.
These findings are part of a unique survey titled "Health Matters" Index 2006, conducted by Tata AIG Life Insurance Company Ltd (Tata AIG Life).
Bill & Melinda Gates Foundation (BMGF) has offered to help in monitoring of the progress made with regard to Pradhan Mantri Jan Dhan Yojana (PMJDY), the flagship financial inclusion scheme of the government.
The government is giving adequate publicity to the benefit to be extended to account holders, sources added.
'Investors should be careful in getting carried away; although a reversal of IPO frenzy this time is taking longer than in the past.'
The finance ministry on Friday said 5.52 crore (55.2 million) bank accounts have been opened till October 7 and deposit of Rs 4,268 crore (Rs 42.68 billion) have been mobilised under Pradhan Mantri Jan Dhan Yojana (PMJDY).
'Never has this happened in the state's political history -- that every class of people is unhappy.'
The TRS ensured that each citizen of Telangana is taken care of from cradle to grave.
The IL&FS group has a complicated structure, with the holding company owning stakes in its financial services arm as well as the subsidiaries that operate its infrastructure assets.
All efforts of Trump's party to repeal the healthcare of his predecessor has failed so far, mainly due to the opposition of some of his own Senators.
Life Insurance Corporation has mopped up over Rs 5,200 crore (Rs 52 billion) from Varishtha Pension Bima Yojana, but its market share from other products dipped further to 87.76 per cent till January.
The implementation of four labour codes in one go from April 1 next year will usher in a new wave of reforms in industrial relations and also help in attracting more investments but employment generation will remain a key challenge in 2021. This year has also been a challenging year for the work force as well as for employers due to the outbreak of the COVID-19 pandemic. The government imposed a nationwide lockdown from March 25, which had an adverse impact on economic activities and resulted in exodus of migrant workers from large cities to their homes in the hinterland. Many migrant labourers lost their jobs and it took months for them to return back to their work places from their native places.
Increase of 10% to 12% likely in a bid to improve citizens' mood after demonetisation.
Tax planning will help you pay less income tax. Something everyone wants. But smart tax planning will help you boost your portfolio.
'The biggest gainers under this scheme would be insurance companies.' 'If the government is going to route the payments through the insurance companies, these companies will be making nearly 30 per cent of the money.' 'For instance, if the government is paying Rs 100, then Rs 30 will go to these insurance companies.' 'Only Rs 70 will be available for expenditure that will be incurred by the hospitals.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'The smartest businessmen are shopkeepers as their return on investment is better than anyone else.'
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
'We tightened our risk frameworks once the Covid crisis started.' 'We are slowly lightening this as we see economic activity pick up, salaries getting restored, and people getting back into jobs.'
Apart from Bihar, Chhattisgarh and Jharkhand, where none of the estimated 6.7 million construction workers got cash transfer benefits, the coverage of the construction workers was the lowest in Delhi, where only about 5 per cent of the estimated workers received cash under the PMGKY, followed by Kerala and Uttar Pradesh (22 per cent), among major states. In India, construction workers belong to the unorganised sector but account for the highest share of non-farm jobs after manufacturing.
Entities reluctant to get into new segment till settlement and margin issues are addressed
Readying itself for a bank licence, Anil Ambani-led group's Reliance Capital on Wednesday said Japan's Sumitomo Mitsui Bank and Nippon Life would become its strategic partners in the proposed banking venture, with each having 4-5 per cent stake.
GIC Re hinted that it may increase its reinsurance premium in Nepal.
'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.
Road projects alone worth $10 billion face delays over land disputes and other clearances.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Moreover, about 21 million people in the US rely on alternative financial services, despite having bank accounts.
BJP deputy leader in Rajya Sabha S S Ahluwalia said the main aim of the opposition was to register its protest against the 'anti-people' policies of the government.
'We have the more difficult reforms to do such as the reduction of subsidy, the insurance and pension sector reform, eliminating bureaucratic red tape and implementing Goods and Services Tax'
Slamming the Union budget as 'insipid' and lacking in stimulus for growth, the Congress on Saturday said it does not address the main issue of unemployment and describes the mindset of the government.
The company received a fresh equity infusion in 2012-13.
BJP leader Subramanian Swamy on Sunday urged the Centre to do away with the system of collecting income tax and instead find out other means to raise money to the exchequer.
Finance Minister Arun Jaitley, who wants pension and insurance funds to invest more in equities and infrastructure.
Cost is not the only factor that one should look at. It's best to keep investment and insurance apart
Some important investment options like fixed annuity, bonds, life insurance and equity among others can help you in fulfilling your goal. The details...
After retirement, the pressure on finances increases in the absence of regular income. Here are a few suggestions to ensure a smooth post-retirement life
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