The recent four-day meltdown notwithstanding, Indian markets continue to be one of the most expensive in the world, with the Nifty-50 trading at a trailing 12-month (TTM) price-to-earnings (P/E) multiple of 22.22 as of October 23 – the fourth highest in the world. The good news: It is still cheaper than the 5-year or 10-year average of the index, or the even 1-year average.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
Read More
