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B.S. Srinivasalu Reddy
New Delhi, July 9, 2018
A new breed of fintech lenders is creating a niche segment.


Rajeev Dubey
New Delhi, July 17, 2018
IDBI Bank will be a burden on LIC. Out of its total outstanding loans of Rs 1.99 lakh crore, it has already recognised gross NPAs worth Rs 55,588 crore while it has also provisioned for bad loans worth Rs 26,902 crore.


Mukesh Adhikary
New Delhi, July 4, 2018
For middle class Indian families, LIC is more than just a savings scheme, it's a way of life.


PTI
July 4, 2018
\"...the rates of interest on various small savings schemes for the second quarter of financial year 2018-19 starting July 1 and ending on September 30, 2018 shall remain unchanged from those notified for the fourth quarter of financial year 2017-18,\" the Finance Ministry said while notifying the rates for the second quarter.


BusinessToday.In
July 2, 2018
The IRDAI entered the picture because under current norms, an insurance company cannot hold more than 15 per cent stake in a company.


BusinessToday.In
June 28, 2018
State Bank of India (SBI) is in the process of closing down nine branches, said its Managing Director Pravin K. Gupta. India's largest public sector lender operates in about 36 countries with nearly 190 branches.


BusinessToday.In
June 27, 2018
Out of the first lot 500 electric vehicles in the first phase, Tata Motors was to supply 350 units of its e-Tigor and Mahindra & Mahindra got the order for 150 cars.


Team BT
New Delhi, June 25, 2018
\"Every challenge presents an opportunity. How you respond and what you learn from it will define your path to progress.\"


BusinessToday.In
New Delhi, June 24, 2018
After running an awareness programme for a period of 4-6 months, and conducting a survey to garner public feedback afterwards, the ministry will consider making this mandatory.


Reuters
June 22, 2018
Chinese smartphone maker Xiaomi Corp has lined up $548 million from seven cornerstone investors including U.S. chipmaker Qualcomm Inc for its Hong Kong IPO of up to $6.1 billion, according to a term sheet seen by Reuters.


BusinessToday.In
June 19, 2018
EPFO has reportedly proposed that its over five crore members be allowed to withdraw only 60 per cent of their PF or an amount equivalent to three months' salary - whichever amount is lower - if they are unemployed for one month.


Mudit Kapoor
New Delhi, June 18, 2018
Mutual Fund Industry's AUM (Asset Under Management) has grown from Rs 7.01 trillion as on 31st March, 2013 to Rs 23.26 trillion as on 30th April 2018. That's more than three-fold increase in a span of 5 years! The total number of accounts, or folios as per mutual fund parlance, as on April 30, 2018 stood at Rs 7.22 crore, while the number of folios under Equity, ELSS and Balanced schemes - where the maximum investment is from retail segment - has crossed a landmark of Rs 6 crore and stood at Rs 6.03 crore, according to data released by Association of mutual funds of India (AMFI).


PTI
June 13, 2018



Mudit Kapoor
New Delhi, June 12, 2018
Investors today have a widevariety of options available, a lot of which can fulfill all their investmentcriteria such as high returns, low risk, maintaining liquidity of portfolio andadvantage of tax saving. Public Provident Fund (PPF) and Mutual Fund (MFs) aretwo such investment schemes.


BusinessToday.In
June 12, 2018
It has gained 3.47% during the last five days. The stock has gained 42% during the last one year and 31.91 percent since the beginning of this year. The firm inked a $690 million deal with M&G Prudential, the UK and European savings and investments business of Prudential Plc, to digitally transform their business and deliver enhanced service for its UK savings and retirement customers.


PTI
June 12, 2018



Mudit Kapoor
New Delhi, June 11, 2018
Investing can help you build wealth in the long term. In this article we will try and learn how to formulate an investment plan. An investor makes investments in order to achieve certain financial goals. Risk profiling is the process through which an appropriate investment strategy can be formulated for the investor taking into consideration the risk factor.


PTI
June 11, 2018



Anupama Airy
New Delhi, June 11, 2018
With the Cabinet approving the National Policy on Biofuels, there is renewed hope for a cleaner environment in the not-too-distant future.


PTI
June 10, 2018



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