October 19, 2020 04:20 IST
Among the eight funding rounds of $100 million and above in Indian start-ups during April-September, five involved ed-tech companies like Byju’s, Vedantu, Unacademy and Eruditus.
Mon, Oct 19, 2020October 19, 2020 02:31 IST
He said going forward, the industry will come out with universal protection designs for masses who can’t afford expensive products
Mon, Oct 19, 2020October 16, 2020 04:08 IST
IRDAI Chairman Subhash Khuntia said the insurance sector has for too long concentrated on tertiary care or hospitalisation, and now there is a need to focus more on primary and secondary care, outpatient care, and move on to have preventive care.
Mon, Oct 19, 2020October 14, 2020 03:30 IST
It is important to note that three main states that have opposed to the borrowing as proposed by the Centre are those that figure in the list of top 5 states in terms of liabilities-GSDP ratio.
Tue, Oct 13, 2020October 12, 2020 16:16 IST
LTC cash voucher and festival advance scheme: The measures announced by the government are projected to create “additional demand” of Rs 1 lakh crore in the economy.
Mon, Oct 19, 2020October 12, 2020 05:14 IST
Data shows that in September, demand for fuel and electricity — among the major indicators of economic activity — too surpassed February levels.
Mon, Oct 12, 2020October 09, 2020 11:53 IST
India markets explained: Over the last six trading sessions, the Sensex has risen by 2,209 points or 5.8 per cent and closed at over seven-month high of 40,182.67.
Sat, Oct 10, 2020October 09, 2020 02:20 IST
If your resources are limited, you need to have investments that are safe, liquid, generate above-inflation growth, and are enough for 20-30 years after retirement.
Thu, Oct 15, 2020October 04, 2020 00:44 IST
If you had a loan outstanding of Rs 50 lakh for a remaining term of 19 years (228 months) at the beginning of the moratorium period and your interest rate was 8 per cent, the interest cost for the six-month period of the moratorium will come at close to Rs 2 lakh. This will have to be paid.
Sat, Oct 10, 2020October 03, 2020 04:10 IST
The Financial Intelligence Unit-India (FIU-IND), the agency under the Department of Revenue that analyses information on suspect financial transactions, met with more than 20 leading stockbroking firms over video link in August.
Sat, Oct 03, 2020October 02, 2020 03:01 IST
Falling prices and low interest may be tempting, but those whose incomes have fallen should ideally not rush. For those paying rent, it makes sense to look at the property’s rental yield before taking the plunge
Thu, Oct 08, 2020September 28, 2020 17:00 IST
There are currently three ESG schemes managing close to Rs 4,500 crore (two of these launched in the last 15 months), while at least five more fund houses have lined up new schemes.
Tue, Sep 29, 2020September 28, 2020 03:00 IST
According to data released by the Reserve Bank of India (RBI), in the fortnight ended September 11, the currency with public increased by Rs 17,891 crore to hit a new high of Rs 26 lakh crore.
Mon, Sep 28, 2020September 25, 2020 05:00 IST
In a situation of high inflation and declining interest rates, fixed deposits (FDs) with banks will have to take the backseat in an investor’s asset allocation, especially for those in the highest marginal tax bracket.
Sat, Sep 26, 2020September 25, 2020 01:27 IST
There is a possibility this exit will be used by the US to push for a further revision in India’s tariffs on goods such as top-end motorcycles, given that the tariff barrier did not sustain Harley-Davidson’s Make in India efforts, said a trade analyst on condition of anonymity.
Fri, Sep 25, 2020September 24, 2020 04:30 IST
Records investigated show that Indian banks mentioned in the SARs include: state-owned Punjab National Bank (290 transactions); State Bank of India (102); Bank of Baroda (93); Union Bank of India (99) and Canara Bank (190), among others.
Thu, Sep 24, 2020September 23, 2020 04:39 IST
In two SARs, the bank said that Singapore-based LGO Pte, a company where Analjit Singh is a director, which had an account with the bank, carried out transactions with “unknown entities, located in high-risk jurisdictions.”
Wed, Sep 23, 2020September 23, 2020 00:34 IST
Shapoorji Pallonji Group has told the Supreme Court their separation from the Tata Group is necessary, and the Tata Group has said they are willing to buy the stake of SP Group in Tata Sons.
Thu, Sep 24, 2020September 22, 2020 08:03 IST
NHAI's InvIT will be a Trust established under the Indian Trust Act, 1882 and SEBI regulations. The InvIT Trust will be formed with the objective of investment primarily in infrastructure projects.
Tue, Sep 22, 2020September 21, 2020 01:00 IST
Between November 24, 2014 and January 28, 2015, JSPL sent $1.799 million to Mauritius-based Trans Global Minerals and Metals Corporation (TGMM) and also sent $1.3 million to Germany-based Oceanwide Services GmbH. During the same period, JSPL received $1.323 million from Dubai-based Power Plant EPC Ltd.
Wed, Sep 23, 2020September 21, 2020 00:30 IST
From steel major to IPL sponsor, diamond merchants to those under ED, CBI scanner, several Indian individuals and entities have been referred in secret reports by banks to US Treasury’s Financial Crimes Enforcement Network.
Wed, Sep 23, 2020September 18, 2020 01:25 IST
Prices rose steadily for over a year, and gold gave good returns. It is advisable to invest on a periodic basis through gold bonds. Many experts feel gold will continue to be strong for some time now.
Sun, Sep 27, 2020September 16, 2020 03:37 IST
At its meeting last week, the Central Board of Trustees (CBT) chalked out a plan of action after discussing the status reports of the risky investments spread across companies including Reliance Capital, DHFL, IL&FS, Yes Bank, Indiabulls and IDFC, three CBT members said.
Wed, Sep 16, 2020September 13, 2020 00:45 IST
Top officials across various fund houses said they would explore the option of telling their investors to invest in their large- and mid-cap fund or they would look at merging their multi-cap fund with their large-cap fund.
Sun, Sep 13, 2020September 12, 2020 13:36 IST
If a multi-cap scheme of a fund house has an AUM of Rs 10,000 crore, it will have to invest at least Rs 2,500 crore each in the three categories of stocks. The fund manager is free to invest the remaining Rs 2,500 crore in any category they want.
Sun, Sep 13, 2020