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MUTUAL FUNDS NEWS
Sectoral, thematic mutual funds fetch highest inflows
Tue, Dec 24, 2024     Source : Economic Times
With sectoral and thematic funds receiving the highest inflows in 2024, experts believe that investors should keep an eye on market trends or sectoral changes or invest in a good diversified or flexicap fu...
MUTUAL FUNDS NEWS
Nasdaq 100 vs. S&P 500—Which index is better for investing?
Tue, Dec 24, 2024     Source : Mint
Investing in international mutual funds in India offers geographic and currency diversification, access to global companies, enhanced growth opportunities, and professional management.
MUTUAL FUNDS NEWS
Say no to NFOs, buy direct plans and seek suggestions from Sebi RIAs
Tue, Dec 24, 2024     Source : Business Standard
Sebi's new rule is a positive step towards investor protection. It will reduce mis-selling by aligning distributor incentives with investor interests and discourage unnecessary portfolio churn
INSURANCE NEWS
Claims ratio of non-life insurers dips to 82.52% in FY24: Irdai report
Tue, Dec 24, 2024     Source : Economic Times
Net incurred claims to net earned premium (claims ratio) of non-life insurance industry stood at 82.52 per cent during 2023-24 as against 82.95 per cent in the preceding fiscal year, as per the Irdai's ann...
INSURANCE NEWS
We want to grow better than industry, mindful of biz quality: Naveen Jha
Tue, Dec 24, 2024     Source : Business Standard
Health and motor insurance will continue to be our two most important segments
INSURANCE NEWS
Over Rs 20k cr of unclaimed amounts lie with life insurers at end of FY24
Tue, Dec 24, 2024     Source : Business Standard
Irdai also adopted several measures to reduce existing unclaimed amounts, asking insurers to prompt policyholders to update their contact details at the time of renewal
NEWS
BSE, NSE to conduct live trading on Saturday, Feb 1, for Union Budget
Tue, Dec 24, 2024     Source : Economic Times
Indian stock exchanges BSE and NSE will conduct a live trading session on February 1 (Saturday), the day of the Union Budget presentation, according to the standard market timings for the morning session.
NEWS
Work starts on $2-billion Tata Capital IPO
Tue, Dec 24, 2024     Source : Economic Times
The Tata Group has kickstarted preparations for a $2-billion initial public offering (IPO) of Tata Capital, initiating discussions with couple of bankers, multiple people familiar with the matter told ET.
NEWS
5 IPOs closed with strong response from investors
Tue, Dec 24, 2024     Source : Economic Times
Five initial public offerings (IPOs) - DAM Capital Advisors,Transrail Lighting, Sanathan Textiles, Concord Enviro Systems and Mamata Machinery- closed on Monday with strong response from investors.
NEWS
Retail inflation for farm, rural workers eases in November
Tue, Dec 24, 2024     Source : Economic Times
Retail inflation for farm workers and rural labourers dipped to 5.35 per cent and 5.47 per cent in November compared to 5.96 per cent and 6 per cent, respectively, in October this year.
NEWS
SEBI suspends trading in Bharat Global over financial irregularities
Tue, Dec 24, 2024     Source : Financial Express
In its probe, the regulator has found that Bharat Global replaced its management, approved preferential allotments to select individuals and issued false disclosures about business expansion and partnershi...
NEWS
Number of demat account additions may cross the 4 crore mark in FY25: SBI Ecowrap
Tue, Dec 24, 2024     Source : Business Line
Addition of 3 crore new demat accounts on an average every year since 2021 indicates increasing prevalence of using capital market as a channel of financialization of savings
NEWS
Finmin likely to peg fiscal deficit below 4.5 per cent for FY26
Tue, Dec 24, 2024     Source : Business Line
Cautions about risks to growth
NEWS
Event organisers to gain ITC benefits as GST Council amends sponsorship tax
Tue, Dec 24, 2024     Source : Business Standard
GST Council brings sponsorship services under forward charge mechanism
NEWS
Brace! Risks stack up for the global economy in 2025
Tue, Dec 24, 2024     Source : Economic Times
No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new set of challenges opened up for 2025.
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