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    1. Business News
    2. Authors
    3. chirag madia

    Chirag Madia

    Covid package: Nilesh Shah hails govt intention, says execution of policies must follow

    Kotak Mahindra AMC managing director Nilesh Shah said while the intention of the government has been right in framing policies…

    By Chirag Madia
    May 16, 2020 01:15 IST
    The fund house had stated that closing of schemes was due to the severe market dislocation and illiquidity caused by Covid-19.
    Franklin Templeton sees redemptions in other debt schemes as well

    Despite the fall in AUM under the debt category, investors continued to show faith in the equity schemes of the…

    By Chirag Madia
    May 13, 2020 04:28 IST
    Pandemic fallout: Downgrades rise, no let-up seen in FY21

    At 21 downgrades a day between January and April, Corporate India’s finances continue to remain under pressure.

    By Chirag Madia
    Updated: May 4, 2020 00:31 IST
    Mutual funds have been in trouble over the past year over defaults with SEBI frowning upon measures such as standstill agreements with borrowers saying the regulations did not permit them.
    Franklin Templeton debacle to hit investors very hard

    The regulator had also observed that mutual funds should not depend totally on credit rating agencies but should do their…

    By Chirag Madia
    April 25, 2020 05:15 IST
    Covid-19 impact: Even the best of banks, Corporate India to plumb new depths

    21 downgrades a day since January compared with 15 between January and mid-March.

    By Chirag Madia
    April 20, 2020 04:30 IST
    Insurance players say that policyholders need to first have a comprehensive health cover and later buy add-on covers of specific illness like novel coronavirus or Cancer Care.
    Better to buy comprehensive health cover than disease-specific cover: Insurance cos

    However, if someone wants to buy a comprehensive health cover, it would cost them Rs 8,000-11,000 for Rs 10 lakh…

    By Chirag Madia
    April 14, 2020 05:00 IST
    india insurance industry, insurance sector, fraud in insurance, premium
    Non-life insurers receive Rs 3-crore claims for Covid-19

    According to the ministry of health and family welfare as on April 9, 2020, there are 5,218 active cases of…

    By Chirag Madia
    April 10, 2020 05:40 IST
    general insurance council, gic, standard insurance rates for covid-19 patients, insurance for coronavirus, differential cost for coronavirus patients, general insurers for coronavirus
    Insurers approach insurance council to standardise treatment rates for Covid-19

    According to general insurance companies, currently rates for treatment of novel coronavirus are different for isolation wards and are charged…

    By Chirag Madia
    April 8, 2020 08:22 IST
    RBI, Global central bankers, US Federal Reserve, European Central Bank, Edelweiss AMC, Dhawal Dalal, GST collections, GDP, corporate bonds
    RBI will have to consider buying corporate bonds directly from market, says Dhawal Dalal

    Global central bankers like US Federal Reserve (Fed) and European Central Bank (ECB) have announced facilities to buy corporate bonds…

    By Chirag Madia
    April 4, 2020 09:16 IST
    Estimate is that primary markets will be biggest beneficiary of TLTROs, says Axis AMC’s R Sivakumar

    From our perspective, we see this as a big support not just to mutual funds, but also the support to…

    By Chirag Madia
    April 1, 2020 04:15 IST
    RBI, cash reserve ratio, MSME, BSE Realty Index, stress asset funds, commercial real estate
    RBI effect! Banking, auto stocks gain; realty in the red

    RBI on Thursday relaxed the cash reserve ratio (CRR) requirement for scheduled commercial banks for retail loans for automobiles, residential…

    By Chirag Madia
    February 7, 2020 13:46 IST
    The Securities and Exchange Board of India (Sebi) had sought comments from the fund house.
    Cutting Exposure: Franklin MF replies to Sebi’s Vodafone Idea query

    The Sebi chief also said that the Association of Mutual Funds in India (Amfi) has prescribed the metrics on what…

    By Chirag Madia
    February 5, 2020 04:15 IST
    ddt, sebi, investors, dividend tac, finance minister, nirmala sitharaman, budget 2020, Amfi, income tax
    Income under Section 194K: Amfi to seek clarity from govt

    Earlier, dividends were tax free in the hands of investors as DDT by debt fund was 25% for individuals and…

    By Chirag Madia
    Updated: February 4, 2020 09:56 IST
    Budget 2020: Why tax cuts could fall flat

    Budget 2020-21: The existing cess—health and education of 4%—and the surcharges continue to be applicable for the new structure.

    By Chirag Madia
    Updated: February 2, 2020 01:35 IST
    insurance regulator, posts at insurance regulator, Irdai, Oriental Insurance, insurance industry, Department of Financial Services
    Three apply for two posts at insurance regulator

    In October, the Department of Financial Services at the ministry of finance had invited applications for filling up the positions…

    By Chirag Madia
    January 3, 2020 04:22 IST
    Why investors have kept faith in equity Mutual Fund SIP

    SIPs are similar to a recurring deposit where you deposit a small or fixed amount every month.

    By Chirag Madia
    December 28, 2019 06:11 IST
    Incurring huge losses under PMSBY, insurers urge govt to hike premium

    According to the data from the jansuraskha.gov.in, 17.03 crore enrolments have been done under the PMSBY, while total number of…

    By Chirag Madia
    December 17, 2019 01:25 IST
    Equity mutual funds, equity schemes, ICICI Prudential AMC, Reliance Nippon Life AMC, mutual fund industry, sebi
    Equity mutual funds lose sheen, inflows plummet to the lowest levels since June 2016

    Data from Value Research shows the return from the large cap category, over the last one year, is 11.74%, while…

    By Chirag Madia
    Updated: December 10, 2019 07:57 IST
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