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Wednesday 9 March 2022
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Rupee breaches 77/$ for the first time

The rupee breached the 77 level against the dollar for the first time as India was seen to be the worst impacted by the crude oil surge in...

Life Insurers Insist on Three-Month ‘Waiting Period’ for Covid-infected

Life insurance companies are insisting on a mandatory three-month wait period for people infected with the Covid virus and wanting to buy a...

HSBC to buy L&T MF

Global financial major HSBC is buying out L&T Investment Management, the managers to L&T Mutual Fund, for about Rs 3,200 crore...

Annual SIP Inflows Cross the ₹1 Lakh-Crore Mark

The cumulative inflows from systematic investment plans have crossed ₹1 lakh crore in a year for the first time, data from the...

RBI keeps rates unchanged

The Reserve Bank of India announced a road map to reduce some of the Rs 9-lakh-crore-plus surplus liquidity which it had infused last year...

The RBI Guv Sounds an Alarm on Cryptos

India’s ostensible demand and publicised interest in crypto currencies are likely exaggerated, and potentially a marketing ploy to lure...

India’s first Total Market Index Fund

Sachin Bansal’s Navi Mutual Fund has filed for an index fund tracking the Nifty Total Market Index. The index was created on 13 October...

Nifty50 @18,000

Indian stocks scaled new heights with the Nifty closing above 18,000 for the first time ever, shrugging off nervous sentiment in Asian...

IIFL Wealth Hurun India Rich List 2021

India now has 1,007 individuals having wealth of over ₹1,000 crore across 119 cities, according to the IIFL Wealth Hurun India Rich List...

Small savings rates remain unchanged for Oct-Dec 2021

The government left interest rates unchanged for small savings schemes such as public provident fund, national savings certificate and...