Markets regulator Sebi on Monday allowed investors to buy mutual fund schemes for up to Rs 50,000 through digital wallets, making it easier for them — especially the young generation — to purchase
The mutual fund industry’s asset under management (AUM) rose to a record high in April to Rs 19.26 lakh crore, aided by good inflows in both debt and equity schemes and a new high in the equity mar
LIC on Tuesday launched a long-term endowment policy Jeevan Umang, that covers up to 100 years and offer a combination of income and protection, including an assured 8 per cent annual return.
The continuing rally in the stock market has had the nation's largest financial investor LIC booking a steep 72 per cent more profit at Rs 19,000 crore from its equity play in FY17, even though its
With the crude prices and Consumer price index (CPI)-based inflation moderating, market experts expect stability to return to the bond market.
RBI’s revised framework on how banks must recognise stress and provide for bad loans, is expected to hurt lenders.
Stretching its strong recovery momentum for the third straight day - the rupee gained further ground to end higher by 4 paise at 64.44 against the American currency on sustained dollar selling by e
The rupee today endured a sharp reversal in fortunes against a resurgent US dollar after a two-day fall and recovered by 15 paise to end at 64.51 on fresh selling of the American currency by banks