Recent developments — proposed changes to the goods and services tax (GST) rates and S&P Global Ratings’ upgrade of India’s long-term sovereign credit rating to BBB, with a stable outlook,......
Tata AIG, ICICI Lombard and Nippon Life have evinced interest for the profit-making insurance arm of Reliance Capital (RCap), joining several prominent financial companies from India and abroad in......
Mutual fund (MF) houses have started realigning their overseas product offerings after the Securities and Exchange Board of India (Sebi) advised them to stop subscriptions. Illustration: Uttam......
The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them. Illustration: Dominic Xavier/Rediff.com The Indian......
India’s financial sector is dominated by large government-owned and private-sector banks. Photograph: Kind courtesy Bajaj Housing Finance Major players like State Bank of India (SBI), HDFC......