SEARCHED FOR:FINANCIAL YEAR
Mukesh Ambanis’ stake in RIL at 12-year high after rights issue
Promoters picked up additional shares from unsubscribed portion of Rs 53,124-crore issue.
Mindtree says uncertainties in this financial year
“We anticipate softening of demand in FY21, as organizations address their concerns over b...
How Sensex, gold, 10-year G-sec performed during week ending July 2, 2020
Here is a weekly tracker of returns from Sensex, 10-year government...
How Sensex, 10-year G-sec, rupee performed during week ending June 18, 2020
Markets gained due to heavy buying in index heavyweights and short covering of positions. The rupee weakened against the US dollar due to the rising border tensions with China and massive foreign fund outflows.
Some financial offences like bouncing of cheques may be decriminalised
“Criminalising procedural lapses and minor non-compliances increases burden on businesses and it is essential that one should re-look at provisions which are merely procedural in nature and do not impact national security or public interest at large,” the DFS said in the statement of reasons explaining the rationale behind the proposed move.
PPF rate may fall below 7% to a 46-year low
Short-term deposit rates are now very close to or even less than what savings bank accounts offer.
How Sensex, US-dollar, 10-year G-sec performed during week ending June 25, 2020
Here is a weekly tracker of returns from Sensex, 10-year government bond yield and US dollar vis-a-vis Indian rupee.
Nuclear families have the most financial freedom: Survey
According to the HDFC Life’s Life Freedom survey, people living in the metro have the highest financial awareness. However, people living in Tier-I cities are most meticulous about reviewing their financial plans.
82% Indians bear financial brunt of coronavirus pandemic: Survey
The pandemic has changed the way we all function, affecting our physical, mental, emotional and financial well-being. Salaried individuals and professionals, in particular, are coping with the potential burden of job losses and pay-cuts.
Health insurance claims not contestable after 8 years of premium payment: Irdai
Health insurance companies will not be allowed to contest claims once the premium has been paid for a continuous period of eight years, regulator Irdai said in a fresh set of guidelines.
Finance Ministry writes to states on additional 2 per cent borrowing
As part of the Aatmanirbhar Bharat package announced in May, Finance Minister Nirmala Sitharaman had announced that the Centre has decided to accede to the request and increase borrowing limits of states from 3 per cent to 5 per cent, for 2020-21, which will make available extra resources of Rs 4.28 lakh crore.
Five equity funds have given superior 10-year SIP returns
While 10-year SIP returns of various equity schemes have been in single digits, there are some that managed to outperform peers and the benchmark indices.
How Sensex, gold, 10-year G-sec performed during week ending June 11, 2020
Here's a weekly tracker of returns that will keep you updated on how the stock market index, gold prices and 10-year bond yields have performed. This will give investors an idea of how their investments performed over a long period.
SC seeks ‘reasonable’ payments from telcos, 10-year financial information
Telcos owe as much as ₹1.7 lakh crore by way of AGR dues comprising license fees, spectrum usage charge, interest and penalties to the government as per the court’s order. They have already lost a plea to review that ruling. The government plan if accepted by the court is their last window of hope for some extra time to pay up their dues.
This short-term fund gave 17% returns in one year; find out how
PGIM India Short Maturity Fund is offering eye-popping 17% returns in the last one year. The returns are more than double the average returns offered by the short duration category. The scheme is ahead of its peers by a wide margin.