Money

ICRA assigns iAAA rating to Tata AIG General Insurance Company

TATA AIG General Insurance Company Limited, one of India’s leading private sector General Insurance Company has been conferred the ‘iAAA’ rating (pronounced as I triple A) for their Claims Payin

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Reserve Bank may keep policy rates unchanged today

Industry experts and bankers believe that ever since the last policy meeting back in February, some pressures – especially those related to the global economy – have abated. However, uncertainties

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Should you invest or pay off your debt first? Here’s all you need to know

'Should I invest or pay off the existing debt' is a kind of dilemma that is being faced by lots of investors these days. However, that is not an easy decision to make. Conservative prudence suggests t

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SEBI notice to PACL investors against collection of claim form

The committee through public notices and press releases informed about the rumour and wrong reporting regarding filing of any claim with the Committee and also cautioned from dealing with properties w

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New Financial Year 2017-18: Here are 8 financial tips for young employees to become rich this year

With the onset of the new financial year 2017-18, you should also get prepared for some changes in the income tax rules. The government has already taken several steps to promote digital payments and

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Investors bet big on debt funds, pour in Rs1.77 L cr in FY17

Investments in fixed income funds gained traction in 2016-17, with the mutual fund industry seeing an inflow of nearly Rs 1.77 lakh in such instruments seen as safe havens. In comparison, investors ha

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Policybazaar aims Rs 2,000-cr turnover this fiscal

Policybazaar.com, a platform that helps consumers compare and analyse insurance products, has set its eyes on Rs 2,000 crore turnover by the end of the current fiscal and is also gearing up to be IPO-

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Developers come up with lucrative Navaratra offers, but should you take the bait?

If you were planning to buy your dream home for some time now but were looking for some good deal, then this may be the right time to make a move.

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Will mutual funds continue to deliver more than markets? Here’s what you need to know

To achieve higher returns, a fund manager actively manages funds and tries to beat the benchmark index, whereas for an investor, a benchmark index gives an idea to evaluate his fund's performance.

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Union Mutual Fund plans to double it AUM to Rs 9,000 crore in 3-years

Union Mutual Fund, a fund house which is sponsored by state-owned lender Union Bank of India, plans to more than double its overall AUM to Rs 9,000 crore in three years time. For achievement of the go

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10 common myths about mutual fund investments that need to be busted

Mutual funds are one of the great instruments for wealth creation, and are highly popular with investors. However, there are plenty of misunderstandings around this instrument.

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Sebi cautions investors against dealing in PACL properties

Markets regulator Sebi today cautioned public against buying and selling of any property of PACL Group or its promoters, and said that no one has been authorised to collect money or claims in this reg

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NFO: Here’s all you need to know about UTI Fixed Term Income Fund Series – XXVI – IX (1113 days)

UTI Fixed Term Income Fund Series – XXVI – IX (1113 days) is a close-ended income scheme having moderate risk, that is neither high nor too low. Investors who can slightly take risk can invest in

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ICICI Bank integrates net-banking service with DigiLocker

'DigiLocker', an initiative of the Ministry of Electronics & Information Technology (MeitY), is a repository platform for issuance, verification and storage of digital certificates and documents on c

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Cheer to customers: SBI cuts base rate by 15 bps, with effect from April 1

Bringing cheer to customers who have raised loans prior to April 1, 2016, the largest public lender State Bank of India (SBI) cut its base rate by 15 basis points (bps) to 9.10 per cent with effect fr

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India’s top student volunteers felicitated in the 7th Annual Pramerica spirit of community awards by DHFL Pramerica Life Insurance

The 7th annual Pramerica Spirit of Community Awards recognized 28 school students from across the country for their extraordinary efforts in the area of community service at a ceremony in New Delhi.

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2800 employees of SBI’s associate banks opt for VRS

All the five entities State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT), in addition to

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PE inflows into office assets projected to jump 4-fold to Rs 24,000 cr in 2017: Cushman & Wakefield

Inflows into commercial office assets in 2017 are projected to see a four-fold rise to Rs 240 bn (USD 3.5 bn), as per global real estate consultancy Cushman & Wakefield, as investors’ interest in le

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Buying mutual fund for the first time? Here are 10 things you must know

First-time mutual fund investors should understand the basic concept of mutual funds. For, every one wants to pool in one's money in certain mutual fund schemes with a view to earn high returns, but b

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58 lakh EPF pensioners will now get medical benefits: 5 things to know

Around 58 lakh EPF pensioners will now get medical benefits, Labour Minister Bandaru Dattatreya informed the Lok Sabha recently.

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Approved courses, P G Diploma eligible for education loan

As per the Indian Banks’ Association (IBA) Model Scheme, approved courses leading to graduate/ post graduate degree and P G Diploma conducted by colleges/ universities recognized by the University G

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Want to make big money? Here’re top sectors to invest in for long-term growth

As stock markets have reacted in a positive way to the poll results and indices are currently trading at all-time highs, a number of investors would be feeling left out from the markets. For them in p

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Higher wage ceiling of Rs 25,000 to add 1cr workers to EPFO net

The proposal to increase the wage ceiling was listed for the Employees' Provident Fund Organisation's trustees' meet held last Thursday.

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April Fool’s Day: Avoid getting caught into these 5 traps laid by insurance agents

The objective of buying a life insurance policy is not only to financially safeguard your family's future when you are not around, but also to secure their future financial goals. Therefore, you shoul

April Fool's Day, insurance, insurance agents, insurance premium, april fool prank, ULIPs, investments, absolute returns News

BSE StAR MF processes around 1 million orders in March

BSE StAR MF distribution platform today said it has received nearly one million orders in a single month - March. Total value of these orders is over Rs 15,000 crore. The platform received over Rs 1 l

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7th Central Pay Commission retains rate of annual increment at 3%

The 7th Central Pay Commission has retained the rate of annual increment at 3 per cent. The 7th CPC has also recommended withholding of annual increments in the case of those employees who are not ab

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Top 10 MFs continue to depend on promoters for ramping up AUM

Even as top 10 fund houses have ramped up their businesses by almost 40 per cent in fiscal 2017, their dependence on promoter groups has also gone up, which rose to 4 per cent or over Rs 57,600 crore

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