Both the debt and equity markets have seen sharp volatility in recent months.
Ulips are investment-cum-insurance instruments that are at the centre of the confrontation between the insurance and capital market regulators.
According to media reports, CBI conducted raids in prominent finance companires -- LIC Housing Finance and Central Bank of India with regards to a multi crore housing scam.
At a poll rally on Monday, Prime Minister Modi said the protests against the new citizenship law in Shaheen Bagh and other areas in New Delhi are not a coincidence but an 'experiment' ('sanyog nahi prayog') and a political conspiracy to destroy the country's harmony. Taking on the PM, Priyanka Gandhi said a report recently said 3.5 crore jobs have been lost in the last five years in seven important sectors.
This was not Sharad Pawar or Prithviraj Chavan speaking. It was Uddhav Thackeray, the undisputed chief of the Shiv Sena!
Maruti Suzuki India is facing stiff resistance from private sector mutual funds and insurance companies, which own almost 7 per cent of the company, for its decision to allow Suzuki to make cars for the Indian car-maker at a proposed plant in Gujarat instead of manufacturing vehicles itself.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Nomura analysts said the Reserve Bank of India and the government would need to segregate the potential solvency issue at DHFL from liquidity issues at other larger wholesale NBFCs and HFCs.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A first in 7 years, the combined institutional investor flow stands at Rs 69,000 crore in 2016-17
In the last five months, the Reserve Bank of India (RBI) announced four rate cuts, primarily to ease the liquidity crisis that has besieged the financial markets. These cuts have encouraged the public sector banks to slash rates.
The Bill will come up for discussion in the upcoming winter session of the Parliament.
Several banks and housing finance companies have come under the scanner of the competition watchdog for imposing penalty on pre-payment of loans.
Some lenders in talks with LIC for pvt placement
Taking advantage of attractive valuations, life insurers bought equities in the bulk deal segment during the last six months against selling by them during June-November 2008.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
The insurance sector is making a strong comeback. Buoyed by a steep rise in sale of single premium policies, the industry clocked a 53.25 per cent rise in November.
There were instances of 'rasta roko' at various places in rural Maharashtra
PFRDA, India's new pension regulator, has introduced New Pension System will help working Indians lead a dignified retired life.
It will bring in more transparency and reduce mis-selling
Cairn, which is sitting on a cash pile of about $3 billion, in a statement said its board has approved buying 17.09 crore shares or 8.9 per cent of the total shareholding, from open market at no more than Rs 335 apiece.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The move is likely to help 4.59 lakh housing units across the country.
Following the AMFI approval, these entities would be given the clearance by CDSL Ventures Ltd, the nodal agency for MIN issuances.
Over the years, NHAI's expenses have spiraled due to sharp increase in land acquisition costs, while budgetary support has shrunk, leading it to fall back on internal resources and market borrowings
Padmini Rout is well-placed along with four foreigners atop of the points' table after seven rounds in the LIC World Junior Chess Championships, being played at Hotel Hyatt, in Pune. With six rounds left in the tough 13-round Swiss league event, the players in both sections are tightly bunched, making the hunt for the title quite open.
Pressure on the government increased with the Reserve Bank of India's surprise move on Thursday to cut interest rates
'No commercial bank will be allowed to fail. There is nothing to worry about.'
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
'Imagine the message it sends to people. They will think tobacco cannot be a killer because LIC is investing in it.' 'The so-called rakshak (protector) has become a bhakshak (destroyer).'
State Bank of India plans to open its office in Dubai International Finance Centre in a few weeks, a move which will boost India's largest bank's presence in the Gulf region.
A day after applying for a bank licence, Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday said the new bank licence norms announced by the Reserve Bank are not discriminatory towards large corporate houses.
Barclays Plc, UK's third-largest bank by assets, plans to enter the emerging credit card market in India.
Tax deduction limit up Rs 50K for investment in pension fund.
'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'
As the government tabled insurance bill in the Parliament on Monday, trade unions of public sector firms called for a strike on Tuesday against the move that aims to raise FDI limit in the private insurers to 49 per cent and the minimum paid up capital in LIC to Rs 100 crore (Rs 1 billion).
Say cost of funds too high to lower lending rates.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
