The government and the Reserve Bank of India is moving in the right direction to curb the inflationary expectations
HDFC Life, which posted a consolidated net profit of Rs 281.83 crore (Rs 2.81 billion) for the quarter ended June compared with Rs 11.92 crore (Rs 119.2 million) in corresponding period last year (according to HDFC's first quarter results), has diversified its distribution mix.
An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of PF contribution from employers.
Even optimists suggest a tempering of expectations and there may still be room for a fall.
Insurance firms want more clarity before increasing foreign partner's stake.
Life insurance sector in India grew by 41 per cent in 2005-06 due to better performance of country's largest life insurer, LIC, and private players like Bajaj Allianz and ICICI Prudential.
20 years ago this week, India and Australia played one of the greatest Test matches in cricket history. Sreehari Nair relives the sound and the fury of that unforgettable game at the Eden Gardens.
managers said the weaker rupee, which has driven up shares of technology companies, has helped the fund fetch better returns.
If inflation is robust then interest rates will have to be ra
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Despite uncertain times and market volatility ahead, investors should continue with their disciplined investing via SIPs.
The Reserve Bank of India will soon initiate discussions with Indian banking entities to introduce Basel-II accord, prudential norms including risk management and capital adequacy guidelines, for smooth transition to the new regulatory framework.
Exodus of top managers an unintended side effect of roaring MF industry
The results certainly show it is, but infrastructure and people shortages don't make for an uncontrolled bull run
Given Indian corporates's high indebtedness, new credit will be used for servicing loans rather than building factories. This is setting us up for more companies on life support and more zombie banks, warns Rahul Jacob.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
At the start of 2016, HDFC Bank, Infosys, ICICI Bank, L&T and Axis Bank were the top five picks of fund managers
Fund managers have been advising investors not to keep their return expectation higher
From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.
The pensioners have been agitating for last 18 years
Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.
'Perhaps the biggest change is in terms of mindset when it comes to the art of the possible when chasing.'
'A modern team knows that knocking off 120 runs in 10 overs is eminently possible.' 'When things click, that can translate into 450 in 50 overs,' says Devangshu Datta.
With the government proposing to give flexibility to the Reserve Bank of India in fixing prudential limits, bankers expect a cut in statutory liquidity ratio