The recent Securities and Exchange Board of India (Sebi) warning of a potential bubble in several small-cap stocks had taken some gains off a market that the regulator believed was getting overheated. Retail investors who had looked at the substantial returns in some small-cap funds and stocks over the past year and had rushed in...
The Insurance Regulatory and Development Authority of India (IRDAI) has announced the final set of surrender charges in non-linked or linked life insurance products — traditional endowment policies. These charges are going to be effective from April 1, 2024. The move is in favour of the life insurance companies in India. According to the latest regulations set by...
How would you react if your bank kept half your money when you withdrew a fixed deposit before the maturity date? There would be huge depositor angst and the regulator, the Reserve Bank of India, would step in to stop this money gouging. However, in another part of the financial sector, the insurance regulator has...
The interim Budget 2024 has few policy announcements. Given the coming elections, a work-in-progress budget is better than a freebie laden one. he average middle-class person has two expectations from the budget. One, to get a lower tax burden and two, to see proposals that lead to lower inflation. In Budget 2024, being an interim...
Investing in the stock market for the long term is safe and rewarding, says Monika Halan, a prominent personal finance writer and television personality. In a conversation with businessline, at the HinduLitForLife event here today, Monika took the hypothetical case of “the unluckiest investor” to illustrate her point. Read More
On January 10, the US securities market regulator, the Securities and Exchange Commission (SEC) allowed 11 spot Bitcoin exchange-traded funds (ETFs) to list and trade on the stock market. This has opened a window for retail investors to trade safely in a digital token. The future of cryptocurrency has been hanging between the ban-it or...
Mis-selling of policies through banking channels is resorted to more by private sector insurers. Both RBI and IRDAI must step up to protect investors A December 12, 2023, Insurance Regulatory and Development Authority of India (IRDAI) draft has caused a 3-6 per cent fall in the stock prices of major listed life insurance firms in...
The year 2024 is likely to see a continuation of the trend of volatility, uncertainty, confusion and ambiguity — the VUCA world seems to be here to stay. General elections in two of the world’s largest democracies, India and the United States (US), two ongoing wars, a global financial sector that some say is teetering...
The four-day festival, to be held at the sandy shores of Kozhikode from January 11, will witness over 400 speakers — including authors, actors, thinkers, and activists — participating in discussions on several themes such as science and technology, literature, art, gender, cinema, culture and environment. Read more
The IRDAI has taken a baby step to potentially reduce the costs for a policyholder when she surrenders the policy earlier than the maturity period The insurance regulator’s December 12 draft on product regulations has led the life insurance industry, which had an annual premium collection of almost ₹7 lakh crore in the financial year 2021-22 to go...