Sebi chief Ajay Tyagi gets an extension
Tyagi, an IAS officer, will now head the regulator till at least 28 February 2022. This is his second extension; the first one was granted in February for six months
by Mint Aug 6, 2020
Millennials top buyers of Corona Kavach policy as covid-19 cases spike
Between 10 July and 30 July, New India Assurance Co. Ltd sold about 60,000 policies, including individual and family floater plans.
by Mint Aug 6, 2020
How should you choose the right international fund?
Each global fund has a different risk-reward level associated with it
by Moneycontrol Aug 6, 2020
COVID-19 crisis: General insurers flooded with claims for coronavirus
According to general industry officials, states like Maharashtra and Tamil Nadu, and the national capital are witnessing higher number of claims.
by The Financial Express Aug 5, 2020
IRDAI permits life insurers to issue policies electronically amid Covid pandemic
The Insurance Regulatory and Development Authority of India (IRDAI) issued a circular exempting the life insurance companies from the requirement of issuing policy document and copy of proposal form in physical form, subject to certain conditions.
by The Economic Times Aug 5, 2020
Four shut Franklin schemes hit by defaults
Four among the six shuttered debt schemes of Franklin Templeton Mutual fund saw a fall in their Net Asset Values or NAVs after two entities - Nufuture Digital (India) Ltd (NDIL) and Future Ideas Co Ltd (FICL) – defaulted on payments.
by The Economic Times Aug 5, 2020
Easy money is behind us, clearer signs of economic recovery needed: Mirae Asset Global
From a technical perspective, Indian market is well positioned and as people get confidence on economic recovery, despite Covid cases increasing, more flows will come into the country.
by The Economic Times Aug 5, 2020
Mutual fund platforms tie up with Amazon to offer saving products to customers
The online mutual fund platforms have prescribed a ₹90,000 limit, as they are accepting payments via UPI, which has a ₹1 lakh limit per transaction.
by Mint Aug 5, 2020
Tax Benefits u/s 80D: How to divide health insurance premium to claim deduction for more than 1 year
If an insurance company issues 80D Certificate dividing premium of a 2-year health insurance policy in three financial years, how would you show it in your ITR?
by The Financial Express Aug 5, 2020
'Sharp sell-off cannot be ruled out; market dynamics may change if there's second wave'
Given this correction we have been looking to add quality balance sheets with good growth prospects.
by Moneycontrol Aug 4, 2020
Raksha Bandhan 2020: Right time to invest in the future of your siblings
While Rakhi 2020 may not be the ‘traditional rakhi’ in most sense, what with the lockdown restricting our movements, there is no reason that we should not look at it as an opportunity to truly ‘invest’ in the future of our siblings.
by The Financial Express Aug 4, 2020
Sebi issues 'procedural' guidelines for proxy advisory firms
There must be a stated process for the proxy advisory firms to communicate with its clients and the company, said Sebi
by Mint Aug 4, 2020
Franklin Templeton Mutual Fund may face Sebi heat as audit sees lapses
Regulator-appointed firm probing closure of six schemes
by Business Standard Aug 4, 2020
Sebi may review curbs on MFs’ equity investments
Industry officials said many fund houses have recommended widening the scope for investments in large- and mid-cap shares, which would automatically shrink the small-cap space.
by The Economic Times Aug 4, 2020
Insurers see spurt in surrender of policies
People have started borrowing against life policies as collateral more than before so that they are able to continue to have cash all the time, life insurers said
by Mint Aug 4, 2020