News From Press

With the new proposal, customers can self-declare in case of motor accidents up to Rs 75,000, and for non-motor claims up to Rs 1.5 lakh. IRDAI released its draft exposure for amending the Insurance Surveyors and Loss Assessors Regulations.

Technology has disrupted fees, access and information asymmetry for sure but not good advice. Advice will always remain a high touch business, and only if you understand your clients, their needs and psychology, can you give them good advice.

Insurance surveyor appointment rules change - (IRDAI (Insurance Surveyors and Loss assessors) (Amendment) Regulations 2019 (Draft): The Insurance Regulatory and Development Authority of India (IRDAI) has decided to streamline the existing regulatory framework.

There are media reports that the tax structure on equity is under review and to simplify the regime and make investments in Indian markets more attractive, the government may do away with multiple taxes.

We like large PSU banks and also have decent positions in PSU stocks in some of our schemes.

Indiabulls AMC has also reduced some senior management salaries by half.

It is a secular growth story for number two, three & four banks in India.

Top 5 pension systems of world: What do they have different from India? In Global Pension Index 2019, India has been grouped among countries that have desirable pension systems but with major weaknesses that need to be addressed.

The key index, representing the top 30 stocks traded in terms of market capitalisation, may not have a direct impact on the investments made by many mutual fund investors. However, the benchmark index breaching a historical peak is a psychological…

Even if you factor a 10% growth in EPS, you will have a 4,000 point boost in Sensex

The S&P BSE PSU Index is trading at a price-earnings multiple of 10.11, an almost 20 per cent discount to its own 10-year average of 12.01.

A large part of the stress recognition in the banking system has been done. Slippage ratios of banks are going down for most of the banks. This trend is likely to continue, says fund manager Amit Premchandani.

The initial public offering (IPO) was slated for fresh issue of shares worth Rs 200 crore, besides an offer of sale of 79,489,821 shares by Reliance Capital.

The US-based Capital Group is among the buyers which picked up shares of the insurance firm.

There are early signs of demand picking up -- be it in auto or consumer durables.