Life insurance returns to drop with new surrender rules. Find out how this affects investors. Source and citation: Shilpy Sinha, “Returns on Life Insurance Policies to Drop as New Surrender Rules Kick In,” ET Bureau, Oct 01, 2024. TLDR For This Article: Returns on traditional life insurance policies are set to fall as new surrender […]
Returns on Life Insurance Policies to Drop as New Surrender Rules Kick In Read More »
Foreign Portfolio Investment soars in India. Learn how this impacts markets, industries, and retail investors. Source and citation: Rajesh Mascarenhas, “FPI Inflows in July-Sept, Highest Since Dec 2020 Qtr,” ET Bureau, Oct 01, 2024. TLDR For This Article: Foreign Portfolio Investors (FPIs) pumped over ₹86,000 crore into Indian stocks in Q3 2024, marking the highest
FPI Inflows in July-Sept, Highest Since Dec 2020 Qtr Read More »
RBI tightens norms on gold loans, impacting lenders and borrowers. Learn what this means for investors. Source and citation: ET Bureau, “RBI warns of ‘Yellow Fever’ Outbreak,” Oct 01, 2024. TLDR For This Article: The RBI cautioned banks and financial entities against irregular practices in gold loan disbursement. Lenders have three months to comply with
India’s fiscal deficit stands at 27% of FY25 target, impacting industries, government spending, and investors. Source and citation: ET Bureau, “Fiscal Deficit in 5 Months Hits 27% of FY25 Target,” Oct 01, 2024. TLDR For This Article: India’s fiscal deficit reached 27% of its target for the first five months of FY25, showing improvement over
Fiscal Deficit in 5 Months Hits 27% of FY25 Target Read More »
SEBI’s regulatory changes: Faster rights issues, new asset class, T+0 settlements impact on investors and industries. Source and citation: ET Bureau, “Sebi OKs Faster Rights Issues, New Asset Class,” Oct 01, 2024. TLDR For This Article: The Securities and Exchange Board of India (SEBI) approved key changes, including faster rights issues, new asset classes like
Kotak Mahindra Aiming to be No 3 Pvt Bank by Profit TLDR of the Article: Kotak Mahindra Bank aspires to become the third-largest private lender in India by consolidated net profit and return on equity. The bank’s new MD and CEO, Ashok Vaswani, aims to achieve this status through growth, including potential acquisitions. Which Indian
1 October 2024 : Important Financial News in India Read More »
