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Bajaj Finserv to set up MF arm

Bajaj Finserv gets in-principle nod to set up mutual funds arm

Aug 24, 2021

According to regulatory disclosures, there are a few more entities who have applied to SEBI for a mutual fund licence and their application is under process

It took 12 years for NPS to reach the milestone of 30 lakh voluntary subscribers.

NPS' non-govt subscriber base touches 30 lakh; PFRDA aims to add 10 lakh more in FY22

Aug 17, 2021

Over 9,100 entities or employers have adopted NPS for its employees till now, PFRDA said, adding that it targets to add 10 lakh new non-government subscribers in FY22.

The I-T department had extended the last date for filing ITR for last financial year to September 30, 2021, from July 31.

I-T Dept to refund excess interest, late fee collected while filing returns for FY21

Aug 11, 2021

The I-T Department said that ITR software was rectified on August 1 to remove the error due to incorrect computation of interest under section 234A and late fee under 234F.

HDFC AMC Chairman and veteran banker Deepak Parekh

Mutual fund industry has potential to grow exponentially, says HDFC AMC Deepak Parekh

Jul 17, 2021

Speaking on the country's economic growth, Parekh said growth is likely to be strong in FY22 on the back of a favourable base effect, supportive fiscal and monetary policy, and a buoyant global environment

ICICI Prudential Life announces highest-ever bonus of Rs 867 crore for policyholders

Jun 07, 2021

A total of 9.8 lakh participating policyholders will benefit from this, taking them closer to their long-term financial goals.

COVID hit Indians turn savers, adopt digital payments, are vocal for local: KPMG

May 27, 2021

The anxiety levels are high as 70 per cent respondents across all age groups are concerned about their future finances as against 49 per cent globally

An inflation rate of five per cent or six per cent that you hear is the average overall inflation rate in our economy

How fast can you become a crorepati, is Rs 1 crore enough?

Mar 19, 2021

A crore might not be enough. Why do we say so? Well, a number which looks big enough today to take care of your daily expenses as well as goals, might not suffice to take care of same expenses and goals, a few years later. Inflation will eat away the value of your money

Gold price is down by over Rs 11,000 from its highs of Rs 57,000 in August 2020

Sovereign Gold Bond opens as yellow metal price hits 8-month low: Should you subscribe?

Mar 01, 2021

The COVID-19 pandemic and lockdowns had led to a surge in gold prices globally. Most commodity experts see a further downside in the gold prices amid decrease in infections, opening up of economies, and increase in vaccination pace