Investment-cum-insurance products are becoming increasingly popular among Indian parents because of their dual benefits. They provide life insurance coverage, ensure financial protection for the child in case of unforeseen events, and provide avenues for wealth creation through investment in various funds. “Who will pay the premium if something happens to me? What will happen to […]
In an effort to make your portfolio dodge the double-edged sword of recession and inflation, it is important to have both fixed income assets and gold on one side, and equities on the other, said Gurmeet Chadha, CEO of Complete Circle Consultants. At FinancialExpress.com Manage Your Money panel discussion, Gurmeet Chadha and market veteran Sanjiv […]
By Yesha Shah Was it in anyone’s realm of imagination that Samvat 2077 could be the best performing year in over a decade? Last year pre-Diwali, while India was battling the shocks induced by the pandemic, uncertainties regarding the future continued to prevail. Even amid elevated skepticism, Samvat 2077 has been a remarkable year with […]
Ahead of the visit of Prime Minister Narendra Modi, Ayodhya railway junction is undergoing a facelift with the aura of Treta Yug for pilgrims. The revamped railway station will see refurbished platforms, new signboards, escalators, lifts, and murals of Lord Ram painted on walls – which will be inaugurated by PM later this week.With encompassing […]
HDFC Bank on Thursday said that the Reserve Bank of India has approved the appointment of Kaizad Bharucha as Deputy Managing Director and Bhavesh Zaveri as Executive Director for a period of three years, with effect from April 19, 2023. HDFC Bank had, on November 24, 2022, made its recommendation to the RBI for redesignation. […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of only one stock/security on Monday, January 9, 2023. Indiabulls Housing Finance is the stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Monday. According to the NSE, the stock mentioned above is prohibited in the […]
Renowned for his indomitable spirit and a net worth of Rs 3,800 crore, Ratan Tata stands as a stalwart figure in India’s business landscape. At 85, he’s not only the former Chairman of Tata Group, a conglomerate valued at Rs. 9.6 trillion ($128 billion) in 2021-2022, but he’s also showcasing a newfound passion for playing […]
Indian benchmark indices are likely to open in green, hinted SGX Nifty on Tuesday. On the Singapore Exchange, Nifty futures were trading 0.48% higher at 17846 level. In the previous session, BSE Sensex fell 335 pts to 60,507, while NSE Nifty 50 declined 89 pts to 17,765. “If markets have to regain strength, we need […]
Axis Bank share price tanked 1.86% to Rs 865.05 today after the bank posted a loss of Rs 5,728.42 crore in the January-March quarter due to the acquisition of Citibank India’s consumer business. The bank’s net interest income grew 33% on-year to Rs 11,742 crore, while the net interest margin (NIM) jumped 73 bps on-year […]
Indian benchmark indices are likely to open higher on the week’s last trading day, hinted SGX Nifty. On the Singapore Exchange, Nifty futures traded 84 pts or 0.47% higher at 18,038 level. In the previous session, BSE Sensex tanked 774 pts or 1.2% to 60,205, while the NSE Nifty 50 plunged 226 pts or 1.2% […]
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