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Month-on-month, premium income declines 28.84% from April levels

Franklin Templeton intends to challenge SEBI's ban

The degrowth was largely on the back of slow business by Life Insurance Corp of India (LIC) in the month, even as some private sector insurers such as HDFC Life, Max Life and India First reported strong growth in the month albeit a lower base.

Data from the regulator showed that retail business growth for private life insurers was 5% in May on an annualized premium equivalent (APE), while government-owned Life Insurance Corporation of India (LIC) showed a contraction of 22%

The PSU entities were slower to adjust to an online mode of growth, which resulted in a 2% YoY decline while the private sector reported an 8% YoY increase in GDPI during the same period

"The secret sauce to get rich is to set an ambitious goal and to liquidate when you reach the goal."

Investors should avoid investing in the market with a short term view, say 1 year, due to low margin of safety in the markets due to expensive valuations currently.

In response to the final report submitted by the Securities and Exchange Board of India in the matter of the shutting down of six Franklin Templeton schemes, the fund house has responded by saying that they will challenge the SEBI order in the Securities Appellate Tribunal.

About 8-10 percent exposure to a healthcare scheme, within your overall equity funds portfolio, is enough says Chirag Dagli, who manages the DSP Healthcare Fund

Cryptocurrencies are suitable for aggressive investors who understand the risk involved with the investment. It's similar to investing in penny stocks, which may give extremely high returns in a short time, or you could lose the entire amount invested in them.

One of the biggest challenges of COVID-19 is its huge treatment cost which can take a toll on the finances and mental well-being of different sections of society, especially the poor and the middle-class.

Analysts expect momentum to sustain in the current financial year as equity flows rebound

There is a difference between home care treatment and domiciliary treatment. Here are 7 common queries related to home treatment of coronavirus.

SBI Mutual Fund has reduced the exit load period from 1 years to 30 days for them and the exit load percentage from 1% to 0.5%. The fund house also cut the exit load on SBI Nifty Next 50 Index Fund from 1% to 0.25% and reduced the exit load period from 1 year to 30 days