Pursuant to Finance Minister P Chidambaram's budget announcement, a roadmap to streamline tax structure on all saving instruments will be rolled out next month.
In a bid to target Resurgent India Bondholders looking at long-term investment opportunities, SBI Life Insurance Company Ltd on Monday introduced 'Setubandhan', a policy aimed at non-resident Indians with an assured return of five per cent per annum.
Union Bank of India has inked a pact with SBI Life Insurance Company Ltd to offer a life insurance cover to the former's home loan customers on a group basis.
SBI Life Insurance is in the process of seeking permission from foreign regulators to sell its products to Non-Resident Indians through the overseas branches of the State Bank of India.
SBI Life Insurance on Wednesday hiked its paid-up capital to Rs 250 crore (Rs 2.5 billion) from Rs 175 crore (Rs 1.75 billion) and foreign equity in the company may go up to 49 per cent if the government hikes the foreign direct investment limit in
While the proposed new tax regime is optional for taxpayers, the finance minister has said the government eventually wants to do away with all exemptions with a lower tax-rate simplified structure.
Private insurance firms say, over the past few years, they have been investing on digital technologies to reach semi urban and rural areas.
Life insurers are launching these again. Invest if you are conservative.
The country's largest lender State Bank of India has seen a perceptible increase in the number transactions happening at its multiple digital channels, with the percentage moving from 60 per cent in the pre-pandemic period to 67 per cent currently, chairman Dinesh Khara said. The rise in the number of digital transactions at the bank was largely driven by pick up in e-commerce during the pandemic-induced lockdown, which restricted movement, he said.
The earnings are, however, expected to be down around 2 per cent on a sequential basis due to pent-up demand getting exhausted and the adverse impact of rising metals and energy prices on consumer goods and manufacturing companies.
High networth individuals selling stocks to buy real estate is among the key risks for the Indian markets.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline
The online channel has only been successful in making inroads in metro cities.
In the first nine months of 2017, investment banks pocketed Rs 500 crore for helping companies raise Rs 30,853 crore through IPOs.
UTI's legacy and brand recognition, together with a robust distribution network and access to public sector money, could work in its favour, and help it command a premium
Co-founder Nilekani could take the role of non-executive chairman, becoming a bridge between the board and Murthy, reports Ayan Pramanik.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In January 2017, the growth in total premium was Rs 13,138 crore, against Rs 10,284 crore in January 2016, a growth of 28 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The government has asked the Indian Banks' Association to make sure that IDBI Bank's wages are on a par with other banks.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
Instead of being carried away by Friday's historic election verdict, savvy investors were seen taking money off the table, after the benchmark Sensex rallied about 1,500 points in intra-day trade.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
United Progressive Alliance-led government proposed lenders as insurance brokers; new FM not too keen, say insurers.
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.
While there's tax arbitrage advantage in ULIPs now, experts say investors should prefer mutual funds for long-term savings.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances