Aviva Life Insurance on Wednesday launched two new funds -- a secure guarantee fund and equity-oriented growth fund.
'Valuations were depressed at 8,000 (Nifty 50 index) levels. It was a free ride to 12,000 levels.' 'What went down had to come up. Now fundamentals have to support further gains.'
A consumer court has directed an insurance company to pay compensation to a policy holder, who was refused reimbursement for the treatment of her pre-maturely born baby on the ground that it did not come within the purview of the policy.
For most companies this would mean extending medical coverage to same-sex partners, say legal experts.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
In the past few years, MFs have emerged as significant institutional buyers, often offsetting the selling by FPIs.
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer
Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being imposed across the state, Thackeray essential services have been exempted from the restrictions. The curfew will be in place till 7 am on May 1.
Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.
USIEF last week hosted its annual pre-departure orientation programme for US-bound students.
About one-fourth of the Indian population is without pension coverage and only 13 per cent of the country's paid employees are under formal pension arrangement, a survey has found.
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
Go for open-ended scheme that allows redemption, in case the fund does not perform
Do you think equity linked saving schemes, ELSS, are a better option than unit linked insurance plans, ULIPs? What are the pros and cons of investing in both? Which scheme gives better returns in the long term?
Priya Nair finds out how investors of mutual funds, shares, unclaimed bank deposits, insurance policies can redeem long-forgotten investments.
The NPR data can be used for transparent and efficient delivery of social benefits by linking it with various beneficiary oriented government schemes, they said.
'Waiting for a market correction and optimising entry time in the markets will be akin to missing the woods for the trees.'
'The market recovery is fragile,' warns Raamdeo Agrawal, co-founder and joint managing director, Motilal Oswal Financial Services.
According to Section 80D, the premium paid for medical insurance is deductible from your income up to Rs 15,000 a year
Even under the RTI response, all public sectors banks have washed their hands of any responsibility.
'Equities are likely to be range-bound with a downward bias for the remaining part of the year.'
Introduced in 2015 under the Foreign Trade Policy, the mega MEIS was created out of a merger of five existing reward schemes.
Experts say Dhoni will continue to be relevant.
When there is an enormous shortage of public hospitals, when state expenditure on health care is abysmally low by any international yardstick, tax money should be used to set up public hospitals, says T N Ninan.
Four regionally strong banks -- Bank of India, Corporation Bank, Allahabad Bank and Oriental Bank of Commerce -- are in the fray to buy out sponsor's stake in UTI Mutual Fund that manages assets worth Rs 20,000 crore
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Did you know that women can avail for a loan of upto Rs 20 crores to set up a manufacturing business?
The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action.
After the hit of the pandemic, India Inc is now worried about the adverse impact of inflation and higher commodity prices on their revenues and margins. The inflation scare is the strongest among manufacturers of consumer goods such as automobiles, consumer durables, and fast-moving capital goods (FMCG). Companies across sectors fear they will not be able to pass on the hike in input costs to their consumers due to weak demand, which, in turn, would lead to a hit on margins and profitability in the forthcoming quarters.
Encouraging domestic financial savings through focused measures would help mobilise long term resources for funding infrastructure and economic development.
'The variables to watch include the monsoon, resolution of NBFC liquidity issues, GST collections, and NPA resolution.'
According to Munjal, there is an opportunity for somebody who comes from a not for profit background in health care to do something.
Sector-wise, the study revealed that the core industries have witnessed virtually negative growth in headcount, with crude oil just about maintaining the employment level.
The next phase of the COVID-19 vaccination drive for people above 60 years and those aged 45 and above with comorbidities will begin from March 1 and registration on the Co-WIN2.0 portal will open at 9 am on Monday.
Four more people belonging to the gay and lesbian community urged the Delhi high court on Thursday to declare that marriages between any two persons irrespective of their sex be solemnised under the Special Marriage Act (SMA).
'Those who thought they are above law and above courts of the country are now approaching courts praying bail; some people have already gone inside (jail) which is their rightful place.'
Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
