'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
'The rule for millennials is: You can have a career for life.' 'You have to constantly adapt to the needs of the industry to stay relevant.' 'The jobs will be the same, but the skill sets required will be different.' 'Technology will dominate the nature of jobs available in the future.'
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
But experts say downside limited, pockets of opportunities for investors
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
Banking as we know it will stand on its head in the next 10 years.
The message to bankers from Raghuram Rajan was clear.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
There are few lapses in the healthy insurance proposals.
High savings, aggressive asset allocation and a frugal lifestyle can help you hang up your boots a decade early.
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
'If standing in a bank or ATM line is a test of patriotism, why is not a single leader standing in that queue too?'
A customer wanting to buy a car would have to wait a long time for delivery.