Amarjeet Singh, Whole Time Member, Sebi Reiterating the need for...
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AMFI inks pact with Department of Posts to train one lakh postmen to distribute mutual funds
"Over the years, mutual funds have democratised access to markets,...
Children’s education continues to be top financial priority for Indian fathers
Indian fathers are increasingly adopting a long-term mindset when...
FPIs invest Rs 15,352 cr in equities in first two weeks of Jul
This came following an inflow of Rs 26,565 crore in equities in June on the back of political stability and a sharp rebound in markets New Delhi: Foreign investors infused Rs 15,352 crore into Indian equities during the first half of this month, driven by the...
Term Insurance: Multiple features with flexible options
Several term plans come with the flexibility of being converted into an endowment policy or a pension fund with monthly annuities, thus becoming more attractive to people Amit Jaiswal, Chief BALIC Direct Officer, Bajaj Allianz Life Insurance One of the simplest forms...
Shriram Life Insurance launches affordable annuity plan
Shriram Life Insurance has launched an affordable annuity plan that balances long-term savings growth along with insurance protection. Individuals aged 40 and up until the age of 75 can purchase Shriram Life Deferred Annuity Plan, which offers tax benefits as well as...
Stock market has risen 4 times in last 10 yrs : Piyush Goyal
Piyush Goyal, Union Minister of Commerce Goyal said that technological progress in the drone industry will help combat erratic weather patterns and assist farmers in getting higher quality and higher quantity yields. New Delhi: Stock market has risen four times in the...
India now has over 300 Family Offices from 45 in 2018 with smaller cities in focus: Report
Family Offices have also evolved into holistic service providers, championing ESG and technology for sustainable wealth New Delhi: Driven by robust economic growth in India, the country now has over 300 Family Offices as against 45 in 2018 who are catalysing the...
Sensex crosses 80,000 in record opening, banking stocks lead rally
"Higher global markets are setting up a positive open for Indian markets today. Fed Chairperson Powell's comments gave a boost to US markets with a rate cut in September and December being factored in, even though Powell did not allude to any imminent rate cut. US...
Insurers achieve positive mid-year renewal outcomes, Global reinsurance capital reaches a new record of $695 billion by Q1 2024, says Aon
Aon Securities estimates that overall ILS capital increased to an all-time high of $110 billion through the second quarter, increasing from $108 billion at year-end 2023, with a record $46 billion of catastrophe bond limit on-risk. For the first time, more than $8...
Niva Bupa Health Insurance files draft prospectus with Sebi for a Rs 3,000 crore IPO
The IPO with a face value of Rs 10 each is a mix of fresh issuance of Rs 800 crore and an offer for sale of up to Rs 2,200 crore by promoter and investor selling shareholders.The offer for sale consists of up to Rs 320 crore by Bupa Singapore Holdings Pte. Ltd., and...
Indian equity markets surge nearly 14% in June quarter, leads in world top 10
Currently, the Indian equity market is the fifth largest stock market in the world with a market capitalisation of $5 trillion Mumbai: Indian stock indices gave a stellar performance in the June quarter of FY 2024-25. During the April- June period, Indian stock market...
Big fat Indian wedding: At Rs 10 lakh cr, expenses second only to food & grocery
Annually, India witnesses 80 lakh to 1 crore weddings, outstripping countries like China and the US, where wedding numbers rank much lower. In comparison, the US wedding industry is valued at USD 70 billion, and China's at USD 170 billion, while India's stands...