Young investors with a higher risk appetite are better off with a combination of term insurance and equity funds.
The Centre's fiscal deficit stood at 17.9 per cent of the full-year target at the end of June, according to data released by the Controller General of Accounts (CGA) on Thursday. It was at 8.4 per cent of Budget Estimates (BE) of 2024-25 in the first three months of the previous financial year.
India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.
'What we see now is a much stronger need for data sovereignty.'
'Market momentum and investor interest are at unprecedented levels, making this the opportune moment.'
A couple from Kerala, running a chit fund company in Bengaluru, has allegedly fled after cheating over 1,300 investors of more than Rs 50 crore. Police have launched a manhunt and are investigating the extent of the fraud.
A woman and her lover have been arrested in Delhi's Dwarka for allegedly murdering her husband. The crime was uncovered after suspicious messages were found detailing their plan to drug and electrocute the victim.
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
Uttam Ghosh offers his take on Bihar's latest political drama.
'Active funds have the ability to manage downside risk.'
The 13th-month persistency rate of life insurers - an important metric indicating the retention of new policies - declined in the first quarter of 2025-26 (Q1FY26). This fall was primarily driven by a lower share of high-value policies, following taxation changes implemented in April 2023.
With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.
'Maintain a balanced approach with a preference for short-to medium-duration funds.'
Uttam Ghosh's take on the Congress presidential election.
Uttam Ghosh wonders whether Meta will be a kinder, gentler and non toxic version of Facebook and its progeny WhatsApp.
Uttam Ghosh offers his take on BJP leader Nitin Gadkari's recent comment that 'Democracy runs on two wheels -- the ruling dispensation and the Opposition'.
The Insurance Regulatory & Development Authority of India (Irdai) on Wednesday proposed setting up an internal insurance ombudsman for insurance companies -- except reinsurers-- with over three years of operation, to address unresolved complaints. The ombudsman will have power to hear complaints for claims up to Rs 50 lakhs.
Uttam Ghosh offers his take on Russia's terrifying nuclear threats.
India's 18 largest states, accounting for over 90 per cent of the country's gross state domestic product (GSDP), are likely to record a marginal uptick in revenue growth to 7-9 per cent this year, from 6.6 per cent clocked in 2024-25 (FY25), rating agency Crisil said in a report on Tuesday. This growth, slower than the decadal average of about 10 per cent, would lift these states' cumulative revenue to around Rs 40 trillion in FY26 from Rs 37.26 trillion in FY25.
Uttam Ghosh offers his take on how Uttar Pradesh voted
Some of the key names include: Maruti, M&M, Ashok Leyland, Britannia, Ultratech, JK Cement, Havells, Voltas, Amber, Metro, Trent, LemonTree, Indian Hotels, Niva Bupa, HDFC Life, IGL, Acme Solar, Suzlon, Swiggy, Delhivery, ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Finance," according to a report by Motilal Oswal Financial Services.
Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
Uttam Ghosh offers his take on the plight of stranded Indian students in Ukraine.
Hockey India on Tuesday announced a 20-member Indian men's A squad for an exposure tour to Europe which will feature eight matches from July 8 to 20.
Asian champions India are placed in Pool C alongside Canada, South Korea and Spain. They start their tournament campaign against Korea on December 5.
Uttam Ghosh offers his take on the Aam Aadmi Party's victory in the Punjab election and Arvind Kejriwal's aspirations to go National.
If pharmaceutical exports from India to the US come under a 25 per cent tariff bracket, the impact on earnings before interest, tax, depreciation and amortisation (Ebitda) could be around 5 per cent, felt analysts. This is after assuming that about 75 per cent of the tariff would be passed on.
'The kind of reach it has with so many bank branches even in the remotest part of the country, it is one channel which will play a very important role in vision of insurance for all.'
The factor fund launch spree by mutual funds (MFs) is moving from the passive to the active space. Two new fund offerings (NFOs) - ICICI Pru Active Momentum Fund and Bandhan Multi-Factor Fund - are currently open for subscription. Sundaram MF's multi-factor fund NFO closed this Wednesday.
In the June 16 advisory, the US urged its citizens to exercise "increased caution" due to crime and rape, and advised them not to travel to certain parts of central and eastern parts of the country due to terrorism.
Market regulator Sebi on Thursday said that timelines for portfolio rebalancing in mutual fund schemes will now be applicable to all types of passive breaches across actively managed schemes, which was earlier limited to only asset allocation. A passive breach refers to unintended deviations from the mandated asset allocation or regulatory limits that do not arise from the direct actions or omissions of asset management companies (AMCs).
"We currently manage collections for over 98 million retail and small-business loan accounts, covering a loan book of about $250 billion," says Rishabh Goel, cofounder and chief executive officer (CEO) of Credgenics, a software-as-a-service platform for debt collection. With more than 700 million smartphone users and over 450 million UPI users, digital access is everywhere.
Uttam Ghosh offers his take on Uttar Pradesh Chief Minister Ajay Mohan Bisht's controversial statement where he proclaimed that before 2017 only those saying 'abba jaan' were getting rations in the state.
Uttam Ghosh offers his take on Britain's controversial travel advisory wherein Indian travellers who received both doses of the Covishield vaccine will be considered unvaccinated and have to undergo self-isolation for 10 days.
Uttam Ghosh's take on the Big Ministerial Shuffle.
Uttam Ghosh offers his take on the weekend's whirlwind political developments in Punjab.
Uttam Ghosh offers his take on Sidhu's latest drama.
Non-resident Indians (NRIs) haven't gone big on the Indian stock market story despite the post-pandemic boom. While domestic participation through mutual funds (MFs) and dematerialised accounts has soared, NRI participation figures show limited signs of a similar rise.
Uttam Ghosh offers his take on Eknath Shinde and Devendra Fadnavis -- 'ED', as Congress spokesperson Pawan Khera quipped, a jibe at the Enforcement Directorate filing cases against opponents of the BJP -- taking charge as Maharashtra's new chief minister and deputy chief minister on Thursday, June 30, 2022.
