Irdai Working Group bats for introduction of index-linked insurance plans
With investment markets turning volatile, customers are preferring guaranteed products. This, in turn, has increased the balance sheet risk for insurers
by Business Standard Feb 9, 2021
Life insurers' new business premiums up 3.7% in Jan after two slump months
This is despite state-owned insurance behemoth LIC reporting a 2% decline in NBP in the same period to Rs 13,143.64 crore
by Business Standard Feb 9, 2021
SBI Funds seeks SC nod to distribute Franklin’s Rs 9,122 crore to unitholders
An “overwhelming majority” of unitholders had voted in favour of the move in December. Around 3 lakh investors were affected by the winding up of these debt mutual fund schemes.
by Financial Express Feb 9, 2021
Markets surge over 100% from lows seen in March ’20
Since March lows, investor wealth has swelled by Rs101 trillion as they piled on stocks betting on a faster than expected recovery in the economy
by Mint Feb 9, 2021
RBI allowing retail investors to open gilt accounts will increase participation: Nilesh Shah
We need a buyer of last resort in the capital market for participation of NBFCs in TLTRO.
by The Economic Times Feb 8, 2021
Why investors need to restart their mutual fund SIPs
The mutual fund portfolio doctor offers advice based on the health of the investment portfolio, their suitability with regards to money goals and recommends corrective measures if any.
by The Economic Times Feb 8, 2021
‘India among most viable investment destinations’
As the world emerges from the worst of covid-19, BNP Paribas is gearing itself to meet the challenges and opportunities in India and elsewhere
by Mint Feb 8, 2021
Mutual funds withdraw Rs 12,980 crore from equities in January
Overall, mutual funds withdrew a net of over Rs 56,400 crore in 2020, data available with the Securities and Exchange Board of India (Sebi) showed.
by The Economic Times Feb 8, 2021
Sensex, Nifty post highest weekly gain since April as Budget fuels optimism
The Nifty gained 1,289 points, or 9.5 per cent, during the week and ended at 14,924. In intra-day trade, the blue chip index of 50 companies surpassed the coveted 15,000-mark
by Business Standard Feb 6, 2021
Sebi notifies easier profitability rule for mutual fund sponsor
Under the new norms, sponsors that are not fulfilling profitability criteria at the time of making an application would also be considered eligible to sponsor a mutual fund.
by The Economic Times Feb 6, 2021
Coming soon: Retail investors can directly invest in government securities with RBI
After lukewarm response to its earlier scheme to allow small investors to invest in government securities through stock exchanges, the RBI now allows direct investments.
by Moneycontrol Feb 6, 2021
Sensex, Nifty keep run going; all eyes on RBI's policy decision on Friday
After touching an all-time high of 50,687.51 during the day, the Sensex ended 358.54 points or 0.71 per cent at its new closing record of 50,614.29
by Business Standard Feb 5, 2021
Sanjay Sapre of Franklin Templeton speaks about cash distribution to unitholders
Sanjay Sapre of Franklin Templeton MF has informed investors about Supreme Court’s direction of distributing available cash in the six would up schemes.
by The Economic Times Feb 5, 2021
Mutual fund managers suggest ‘barbell’ strategy for existing investors
As markets resume their upward journey after the budget, fund managers believe existing mutual fund investors could use a barbell strategy to minimise risk and optimise returns.
by The Economic Times Feb 5, 2021
Taxability of some insurance policies remains ambiguous
Some tax experts believed that gains from policies where the sum assured is less than 10 times the annual premium should be offered to tax under the head 'income from other sources'.
by Mint Feb 5, 2021
