February 19, 2025 22:18 IST
Uday Kotak said India needs to move from micro-management/over-regulation and toward ushering growth and competition.
Thu, Feb 20, 2025February 18, 2025 22:53 IST
With the economy losing steam, growth in gross direct premium income underwritten in the health insurance segment plummeted to 10.44 per cent during the 10 months ended January 2025.
Wed, Feb 19, 2025February 18, 2025 22:44 IST
The transaction marks the second major stake sale by Indian Continent Investment in recent months.
Tue, Feb 18, 2025February 16, 2025 13:35 IST
Small-cap vs Mid-cap Stocks: A top fund manager has said you should – and his advice has intensified the market rout in these stocks. What is the best way to assess the current situation? Is there hope for the future yet?
Mon, Feb 17, 2025February 12, 2025 12:34 IST
Hexaware Technologies was delisted from the exchanges in 2020 at a price of Rs 475 per share. The public offer opened on Wednesday and closes on February 14.
Sat, Feb 15, 2025February 12, 2025 04:11 IST
While the order is meant to provide relief to US citizens, it will likely come as a breather for key executives of the Adani Group currently facing bribery charges in a US court.
Sat, Feb 15, 2025February 11, 2025 14:53 IST
Small-cap stocks crack 3.4%; US President Donald Trump on Monday raised tariffs on steel and aluminium imports to 25 per cent "without exceptions or exemptions"
Tue, Feb 11, 2025February 10, 2025 09:38 IST
Five per cent fall in rupee in one year means additional burden on loans, import-intensive sectors impacted
Tue, Feb 11, 2025February 08, 2025 03:55 IST
Forward contracts will enable long-term investors such as insurance funds to manage their interest rate risk across interest rate cycles. They will also enable efficient pricing of derivatives that use bonds as underlying instruments, the RBI said.
Sat, Feb 08, 2025February 07, 2025 19:39 IST
Over the past few years, the Reserve Bank has been expanding the suite of interest rate derivative products available to market participants to manage their interest rate risks.
Fri, Feb 07, 2025February 07, 2025 13:42 IST
Though the RBI cut the Repo rate, the markets were not very enthused as the reduction was on the expected lines and they were hoping for a change in the stance from neutral with more liquidity infusion.
Sat, Feb 08, 2025February 07, 2025 10:42 IST
RBI Repo Rate Cut Explained: EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes borrowing cheaper for individuals and businesses, which can lead to increased spending and investment. However, there are concerns, too.
Sat, Feb 08, 2025February 07, 2025 10:10 IST
RBI Monetary Policy Meeting Announcements: The repo rate, till now, stood at 6.5 per cent. The move comes barely a week after the Centre cut personal income tax to boost consumption.
Fri, Feb 07, 2025February 07, 2025 04:02 IST
Gold holds a significant place in Indian culture, often being accumulated over generations. During times of financial needs like hospital expenses and college fees, individuals are more willing to pledge their gold holdings like jewellery to secure loans.
Fri, Feb 07, 2025February 05, 2025 22:57 IST
Mukesh Ambani said Reliance’s new energy Initiative will begin its operations in the end of 2025.
Wed, Feb 05, 2025February 03, 2025 15:52 IST
The depreciation of the Indian rupee has a dual impact on the economy, presenting both advantages and disadvantages. On the downside, a weaker rupee increases the cost of imports, particularly crude oil, leading to higher production costs and inflationary pressures.
Sun, Feb 09, 2025February 02, 2025 01:25 IST
“These amendments will take effect from the April 1, 2026, and shall accordingly, apply in relation to the assessment year 2026-27 and subsequent assessment years,” it said.
Sun, Feb 02, 2025February 01, 2025 20:39 IST
Finance Minister Nirmala Sitharaman said the government would set up an Urban Challenge Fund of Rs 1 lakh crore to implement the proposals for ‘Cities as Growth Hubs’, ‘Creative Redevelopment of Cities’ and ‘Water and Sanitation’ announced in the July Budget.
Sun, Feb 02, 2025February 01, 2025 18:25 IST
The increase in threshold from Rs 7 lakh to Rs 10 lakh for collecting TCS is expected to benefit the travel and foreign exchange sectors, providing a boost to outbound tourism, education and the airline sectors.
Sun, Feb 02, 2025February 01, 2025 12:29 IST
The decision to allow 100 per cent FDI in insurance is a major reform aimed at achieving the goal of "Insurance for All" by 2047. It's anticipated to bring in substantial foreign investments, enhance competition and improve accessibility to insurance across the country.
Sun, Feb 02, 2025January 31, 2025 16:08 IST
The Economic Survey also emphasized the importance of finance in reducing poverty and inequality, as well as in aiding consumption smoothing and shock absorption for firms and households.
Fri, Jan 31, 2025January 31, 2025 04:39 IST
Admitting that health premium for senior citizens has gone through the roof, IRDAI said, “it is observed that there has been steep increase in premium rates under some of the health insurance products offered to senior citizens (aged 60 years and above).”
Fri, Jan 31, 2025January 31, 2025 04:39 IST
The growth in ARC recoveries is expected to be around 8 per cent next fiscal, driven by the increasing acquisition of retail loan portfolios.
Fri, Jan 31, 2025January 30, 2025 05:00 IST
Total revenue rose to Rs 113,575 crore for the December quarter as against Rs 110,577 crore a year ago.
Wed, Jan 29, 2025January 29, 2025 04:10 IST
Ambani said the transition from fossil fuels to clean and green energy has to be accelerated.
Wed, Jan 29, 2025