Country’s insurance regulator IRDA has imposed penalties on IndiaFirst Life Insurance Co and Tata AIA Life Insurance Co for committing violations in terms of making excess payments to corporate agents.
Gold prices hardly gained from the safe-haven buying post the ‘no vote’ on the Greek referendum. After a knee-jerk reaction gold prices on Monday were back to levels
Proposals relating to the NPS under the union budget 2015 have made an attempt to revive interest of investors in the NPS. Though the proposals seem to encourage participation
Equity fund assets are touching new high despite a volatile market. Investors continued to pump money in the asset class despite the recent volatility with equity funds’ average assets
India's life insurance industry is likely to grow by 12 to 15 per cent in the current financial year due to improved market scenario and the government's push to improve
To attract a larger number of retail investors to the stock markets, regulator Sebi is looking into a proposal to devise an incentive structure for brokers and other market entities
A significant number of corporate treasurers are worried about "unmanageable volatility" in financial markets said a survey.
They feel that lack of adequate information from business units is a
Pressure on profitability of public sector banks is likely to come off this year due to improved asset quality even as the last fiscal was challenging enough.
"Pressure may begin
After four days of rise the rupee turned weak and declined by 18 paise to 63. 62 against the US currency in early trade today at the Interbank Foreign
- Payout on Franklin Templeton plan
FT Capital Protection Oriented plan has announced up to 100 per cent of distributable surplus as dividend.
- Canara Robeco declares dividend
Canara Robeco Interval Series 2 has declared up to 100 per cent of distributable surplus as dividend.
- Payout on HSBC MF plan
HSBC Mutual Fund has declared up to 100 per cent of distributable surplus as dividend on HSBC Fixed Term Series 30.
- Dividend on Kotak MF
Kotak Mutual Fund has announced up to 100 per cent of distributable surplus as dividend on Quarterly Interval Plan Series 8.
- UTI Mutual Fund declares dividend
UTI MF has declared up to 100 per cent of surplus as dividend on UTI Quarterly Interval Fund Series IV.
- Payout on Bharti AXA scheme
Bharti AXA Mutual Fund has declared dividend on weekly frequency on Bharti AXA ST Income Fund.