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Irdai slaps penalty on Tata AIA , IndiaFirst

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 fails to sustain safe haven interest post Greek ‘no’

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

Does NPS score over other pension products?

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 funds’ assets soar to record Rs 4 lakh crore

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

Life insurance sector likely to grow 12-15% in FY16:ICRA

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

Market entities may get incentives to open retail demat a/c

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

Financial mkt volatility big worry for corporate treasurers

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

Banks may find it a little easy on profitability: Fitch

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

Rupee plunges 18 paise against dollar

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

Healthy credit record can prevent loan rejection

Dhrubajyoti Sengupta was to travel abroad with his family and thought that a credit card would come in handy. One of his friends suggested that he could go online

  • 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.

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Contents In this section will be updated soon

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