The Bombay Stock Exchange (BSE) is to launch rupee-denominated futures contracts on global indices, such as Brazil’s Ibovespa, Russia’s MICEX, Hong Kong’s Hang Seng and Hang Seng China Enterprises, and South Africa’s FTSE/JSE Top40, on its platform from March 30 http://www.business-standard.com/india/news/derivativesfour-global-indices-to-start-tradingbsemonth-end/467759/ .
Parizad Patel, 33, was facing a dilemma — should he buy a basic health cover or a comprehensive policy? The problem just got compounded with life and non-life insurers offering competitive health products http://www.business-standard.com/india/news/health-planlife-insurer-may-not-be-worth-it/467756/ .
Parizad Patel, 33, was facing a dilemma — should he buy a basic health cover or a comprehensive policy? The problem just got compounded with life and non-life insurers offering competitive health products http://www.business-standard.com/india/news/health-planlife-insurer-may-not-be-worth-it/467756/ .
The report of the Standing Committee on Finance, released recently, has given life insurance companies a reason to rejoice. The Committee has recommended that for insurance policies to be eligible for tax exemption the sum assured should be 10 times the annual premium. In the Direct Taxes Code, this limit was set higher, at 20 […]
The report of the Standing Committee on Finance, released recently, has given life insurance companies a reason to rejoice. The Committee has recommended that for insurance policies to be eligible for tax exemption the sum assured should be 10 times the annual premium. In the Direct Taxes Code, this limit was set higher, at 20 […]
Around 61 million subscribers of the Employees Provident Fund Organisation (EPFO) are likely to get lower returns on their deposits this year. The Union ministry of finance has, for the second time, recommended an interest rate of 8.25 per cent for 2011-12; it was 9.5 per cent for 2010-11. http://www.business-standard.com/india/news/pf-accounts-to-get-lower-returns-this-year/467575/ .
The National Stock Exchange (NSE) has launched a know-your-customer registration agency (KRA) through its subsidiary Dotex International. The move comes in the wake of specific directive from the Securities and Exchange Board of India to start KRAs http://economictimes.indiatimes.com/markets/stocks/market-news/nse-launches-know-your-customer-registration-agency/articleshow/12166193.cms .
The National Stock Exchange (NSE) has launched a know-your-customer registration agency (KRA) through its subsidiary Dotex International. The move comes in the wake of specific directive from the Securities and Exchange Board of India to start KRAs http://economictimes.indiatimes.com/markets/stocks/market-news/nse-launches-know-your-customer-registration-agency/articleshow/12166193.cms .
Urban Indians are not very aware about insurance products and their investment planning is not aligned with their current needs, says a survey by private insurer HDFC Life. “Indian urban consumers’ current sense of financial freedom is low,” the survey said. http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/urban-indians-have-low-awareness-for-insurance-products-survey/articleshow/12164867.cms .
The last tax-free bond issue of the current financial year will be out of bounds for foreign institutional investors, non-resident Indians and foreign corporate bodies. A long-term infrastructure bond issue by the Rural Electrification Corporation (REC) will be the first public issue to deny these set of investors from participating. http://www.business-standard.com/india/news/foreign-investors-shut-outrec-bond-sale/466835/ .
