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Gold demand might have doubled in March quarter

Gold demand has shot up ahead of GST rollout it seems. Data indicates the March quarter sales of gold could have gone up by more than 100 per

Less than half the households know about crop insurance

Despite the government and the regulator hard selling crop insurance, not even half the rural and urban households are aware of such an insurance, finds a survey of the Insurance

Corporate insurance cost skyrockets as insurers unanimous on minimum rates

Corporates for the past 10 years have been enjoying steep discounts while buying insurance for their assets. Now they see premiums shoot up by as much as 800

Crop insurance yet to take root

Despite the attempt to promote crop insurance, not even half of the rural as well as urban households are aware of such a scheme.
Only 35 per cent of the

RBI sees trouble ahead in loans to telcos, asks banks to raise provisions

With the financials of telecom companies deteriorating, the Reserve Bank of India (RBI) on Tuesday raised a red flag over bank loans to the telecom sector and asked lenders to

Rupee runs into seasonality wall after best Q1 since 1975

The rally that’s made the rupee Asia’s best performer in the past three months is threatened as the Indian currency enters a seasonally weak period.

Irdai lessens third party insurance burden

Insurance sector regulator Irdai on Monday reduced motor insurance premium rates in most of the segments like two-wheelers, cars and trucks by modifying the rates for 2017-18 issued three-weeks ago.

Bad loans, other challenges seen hurting Q4 earnings of banks

The fourth quarter of financial year 2017 will continue to be a challenging quarter for banks. Moderate loan growth surplus liquidity decline in

Many curbs if banks exceed bad loan limits

The Reserve Bank of India (RBI) on Thursday released the revised prompt corrective action (PCA) framework that is aimed at faster resolution of bad loans.
The central bank said under

Private sector banks better placed to explore M&As

Talks around consolidation in the banking sector have gained traction in the recent past following comments at various forums on the need for having a few large banks. The

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