'Check every SMS you get. Many people ignore them.' 'Remember if there is an activity in your account, your financial institution will send you an SMS, not a WhatsApp message.'
In a memorable year for the equity market, Dalal Street investors added a whopping Rs 81.90 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India's strong macroeconomic fundamentals, political stability owing to the BJP's success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the stock market rally in 2023. In the year 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent.
General insurance companies are likely to see a surge in demand for health insurance in the coming months due to falling air quality in the country. The health insurance segment has registered a strong growth after the pandemic due to higher awareness. In the first half of financial year 2023-24, the segment grew by 24.4 per cent to Rs 54,713.52 crore from Rs 43,981.54 crore in H1FY23, driving growth of the non-life insurance industry.
Group term insurance is far more cost-effective than an individual cover.
If your flight is cancelled or delayed or you miss one, a travel insurance policy can cover the costs at such times and help you book a new one.
The mutual fund (MF) industry has seen a fair number of new entrants in the last 10 years but none of them have proved to be much of a challenge for the larger players. The list of top 20 fund houses, which manage over 90 per cent of the industry's total assets, continues to be dominated by players who have been in the business for more than a decade. Bajaj Finserv MF may change that, say experts.
The 2024 European Championship will be held in Germany from June 14-July 14. Following are the teams who have qualified for the tournament:
Rodrygo and new recruit Jude Bellingham scored first-half goals to give Real Madrid a 2-0 win at Athletic Bilbao to kick off their LaLiga season.
Erling Haaland set another scoring record as Manchester City beat Bayern Munich
IMAGES from the football matches played across Europe on Sunday.
IMAGES from the soccer matches played across European leagues on Friday.
'If something unfortunate happens to an earning member, the family loses the crucial income which would have gone towards paying off debts, meeting the cost of children's higher education, or towards the upkeep of elderly parents.'
A summary of the UEFA Champions League Group Stage action, on Wednesday.
Images from the Europa League semi-final first leg matches on Thursday.
'Even where we are now today, the growth rates are very good, but we need to get to 8-9 per cent growth in the years to come.'
Lens falter in title race after draw at Nice, Marseille hit six
Only a small percentage of passengers who traveled on the trains involved in the June 2, 2023 accident in Odisha had availed of travel accident insurance while booking their tickets online on the IRCTC portal.
'Indian equity valuations, although not very expensive, are not cheap either.'
Army chief visits LoC. VP meets his successor. PM meets baddy legend. Kapil Dev breaks another record. CWG Champs come home...It's all about People, folks!
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health and auto insurance related queries.
Over 2,471 people joined Anil Kapoor to create a new Guinness World Record by holding the abdominal plank position for 60 seconds.
'This protest was never intended to disrupt the game or injure people.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Ahead of the Union Budget 2023, insurers are hoping that the Centre will act on their recommendations, which includes increasing the limit for tax deduction under 80D of the Income Tax Act. Also among them are issuance of long-term bonds, tax incentives for home insurance premiums, and a separate section to claim deduction for term-insurance premium, among others. These suggestions would help improve the penetration of insurance in the country.
In order for life insurance customers to attain maximum benefits, it is crucial for the persistency ratio to be far higher than its current level, top executives of the industry said at the Business Standard BFSI Insight Summit on Thursday. The persistency ratio is a metric that measures the number of policyholders who continue paying renewal premium and is gauged at varying stages in the life of a policy. A higher persistency ratio is seen as an indicator of an insurance product that caters satisfactorily to the needs of a customer.
When Life Insurance Corporation (LIC) of India gets listed on the bourses next month, it will be among the biggest listed life insurers globally in terms of market capitalisation (m-cap), assets, and revenue, but will also be among the least profitable and capitalised among its peer group. A big gap between LIC's m-cap, profits, and networth (shareholder capital) will make it one of the priciest insurers globally, in terms of price-to-earnings (P/E) multiple and price-to-book value (P/B) ratio. LIC also lags behind its Indian listed peers in terms of profit and networth.
Barcelona wasted a golden opportunity to extend their lead at the top of LaLiga as they were shocked 1-0 at lowly Almeria on Sunday thanks to a first-half strike by El Bilal Toure.
Bayern Munich stumbled to a 1-1 draw against visiting Eintracht Frankfurt on Saturday to leave them with only a slim Bundesliga lead after being held for the third game in a row with the same scoreline.
Fans carried rainbow flags to show their support for LGBTQ rights.
Images from the Nations League matches played on Tuesday.
Barcelona winger Raphinha secured a 1-0 win in LaLiga for the second straight week this time at Athletic Bilbao as his side tightened their grip on top spot.
A late Leon Goretzka goal salvaged a 2-2 draw for Germany against Hungary on Wednesday night, in a whip-saw contest that sets the Germans up for a June 29 Round of 16 match against England at Wembley.
Bayern Munich conceded a stoppage-time equaliser through VfB Stuttgart striker Serhou Guirassy from the penalty spot for a 2-2 on Saturday, the champions' third consecutive Bundesliga draw.
The Champions League final was set to be staged at Zenit St Petersburg's stadium on May 28.
A round-up of Saturday's action in Serie A, La Liga and Bundesliga.
The two key moments happened within six seconds of each other early in the match played behind closed doors at the Allianz Stadium.
Personal accident cover should be purchased by everyone, irrespective of age, occupation or health condition, as one does not know when an accident could occur, causing hardship to the family.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Last season's top scorer Robert Lewandowski found the net with a 31st-minute penalty to become the first player to score in 10 successive appearances against the same Bundesliga opponents.
2.75 million of the 3 million Covid-related health claims were settled.
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