Even as Reserve Bank has charted a five-year road map to attain fuller float of rupee, noted economist and Nobel laureate Joseph Stiglitz on Thursday favoured a cautious approach to capital account convertibility.
In the third part of this five part series on top 25 mutual funds analysed by Value Research we produce the next best five mutual funds that investors can put their money in for the long term.
Some banks are camouflaging their lending to small, unknown real estate developers to skirt stringent capital adequacy and provisioning requirements.
Critical illness policies by life insurance companies provide a variety of combinations but have a complex fine print.
ICICI Bank was looking at valuing ICICI Holdings at $10 billion, sources said. Vishaka Muley, chief financial officer of the group, refused to comment on the development.
A study of the top ten mutual funds' equity portfolios as on March 30 reveals that funds bought huge chunks of metal major SAIL, engineering stock KEC Infrastructures, while diluted their exposure to FMCG major ITC.
Investors with moderate risk profile and investment horizon of over three years could look at investing in balanced funds.
State-run UTI Mutual fund has toppled private sector ICICI Prudential to be the country's second biggest fund house, while Anil Ambani Group's Reliance MF has retained its top position.
New entrants could include Flipkart, Paytm, Cafe Coffee Day and ICICI Prudential Life Insurance, it says
This comes on the back of impressive performance in infrastructure stocks in 2006 and in the first seven months of this calendar.
There cannot be value in every stock, whether large cap or otherwise. Thus buying a stock cheap does not always translate into value buying
Unit linked insurance plans are probably the hottest selling product for most life insurance companies today.
In advanced economies where the financial system is more matured, the form of shadow banking is more of risk transformation through securitisation.
Mutual funds continued to buy into oil and gas, banking and finance, telecom, and media stocks in April
SBI Life, ICICI Pru have seen their valuations increase by 33 per cent and 35 per cent recently. SBI Life Insurance has seen its valuation soar after just 3 months while ICICI Prudential's valuation has increased in just 5 months.
Reserve Bank of India has allowed banks to increase their lending to Indian joint ventures or subsidiaries for funding their overseas expansion.
The RBI's projections for consumer inflation over the rest of the year indicate some acceleration, with the rate reaching eight per cent in its baseline scenario.
Capital adequacy and tighter regulation are just one step forward.
Reliance Mutual Fund topped the AUM chart with its AUM in excess of Rs 660 billion, while ICICI Prudential Mutual Fund came second with an AUM of Rs 487 billion.
One can short-sell an ETF or buy on margin or even purchase one unit, which is not possible with index-funds/conventional MFs.
A total of 25 companies raised Rs 28,220 crore during the financial year.
With clients increasingly looking at cost optimisation by passing on the risks to the IT vendors and IT services players demanding longer tenure deals to hedge their risks, a mix of these two factors are giving rise to large deals coming up in the market with a lot of strings attached.
Global rating agency Fitch said on Wednesday the credit profile of the Indian banking sector has improved in the recent years, but a great deal still needs to be done on disclosures.
If you are diagnosed with a critical disease, then its treatment would be very expensive and may require intensive care and hospitalisation which your comprehensive insurance plan may not cover. In such type of cases you have to pay the cost of the whole treatment.
Fund houses' tie-ups with the postal department for marketing their schemes through post offices are yet to take off in a bigger way.
India will allow three major Singapore banks to set-up wholly owned subsidiaries in the country to boost investments as part of the bilateral comprehensive economic cooperation agreement cleared by the cabinet on Monday.
While investing in a low priced micro-SIP may seem like a good idea, one must read the fine print before jumping in.
There is never a dull moment in the sporting world and this weekend was no different.
'Mr Modi has inherited a system that taxes businessmen and fritters the money away over ministries.'
Sebi wanted to know how much Mutual Fund head honchos were paid. A look into who got how much...
The Reserve Bank of India is likely to formulate guidelines on outsourcing banking activities by July to improve regulatory oversight for risk management of this segment.
Exposure to commercial projects under lens.
The combined assets under management of the 32 fund houses in the country fell to Rs 5,49,114.82 crore (Rs 5,491.14 billion) in January, against Rs 5,49,942.02 crore (Rs 5,499.42 billion) at the end of December, 2007, latest data available on the website of Association of Mutual Funds in India show.
Mid-cap funds have given three-digit returns -- more than those from benchmark and large-cap funds. But, due to the higher risk they entail, you need to tread with care.
