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HDFC Standard Life Insurance Q4 FY18 review: Premium valuations to sustain

It has been estimated that India has nearly 17 percent of the world’s population but when it comes to protection gap, it is huge. As it is India accounts for less than 1.5 percent of the world’s total insurance premium and inspite of the growing insurance market in the country, India is still both under-penetrated and inadequately insured. A transformation ... Read More »

IDBI Bank to close loss-making branches, limit NPAs and focus on retail to get out of PCA: Deputy MD

IDBI Bank hopes to come out of the regulatory restrictive Prompt Corrective Action (PCA) after taking a host of measures, including closure/merger of branches, conversion of 31 loss-making branches into outlets, divestment in non-core assets, setting up of separate stressed assets management group and focus on retail and good quality corporate business. Amid talks of part stake sale by the ... Read More »

Tamil Nadu rejects Sterlite’s plea to renew consent to operate plant

Amid protests demanding closure of Vedanta’s Sterlite Copper unit in Tuticorin district, the Tamil Nadu Pollution Control Board (TNPCB) on Tuesday said it has rejected the company’s application seeking renewal of consent to operate the plant. TNPC Board norms were not “properly fulfilled,” by Sterlite, Mohammed Nazimuddin, TNPCB chairman said in an official release. The Board has, therefore, rejected Sterlite’s ... Read More »

Chanda Kochhar, family’s links to Videocon group date back to at least 2001

Chanda Kochhar and six members of the Kochhar family held shares in a little-known firm called Credential Finance Ltd, along with Videocon group, at least as far back as 2001, regulatory filings show. Three of the Kochhars were also directors on the company’s board in 1995, when it was founded, though it’s not clear if Videocon held a stake in ... Read More »

Magic trick to ensure steady returns from unsteady stocks

Dividend from stocks is tax-free in the hands of the investors to the extent of Rs 10 lakh a year. Yes, Mr Market is unstable, but it is still possible to get stable returns from stock investment, and how! After the superbly rewarding 2017, most analysts say calendar 2018 is unlikely to deliver big returns due to many headwinds in ... Read More »

More than 100 stocks above Rs10K crore market cap trading above 200-DMA; time to buy?

The Nifty50 flirted with its long-term moving average which is also known as 200-day moving average (DMA) in the past week but there are as many as 126 stocks in the large and midcap space with a market capitalisation of more than Rs 10,000 crore which are trading just above this crucial level as on 5th April. When the Nifty ... Read More »

Indian economy will continue to have V-shaped recovery: Govt

Economic affairs secretary Subhash Chandra Garg. Photo: Pradeep Gaur/Mint Mumbai: The 7.2% growth in the Indian economy during the October-December quarter has put the country in the highest growth bracket globally and recovery will continue to be sharp going ahead, economic affairs secretary Subhash Chandra Garg said on Thursday. “We have said this earlier that the first quarter (of FY18) was ... Read More »

Indian Economy Seems To Be On Way To Recovering From Demonetisation Disruptions, Says IMF

India’s economy has expanded strongly in recent years, said Tao Zhang, Deputy Managing Director of IMF. HIGHLIGHTS IMF has underscored the significance of reforms in education, health Economy expanded strongly because of macro economic policies Demonetization temporarily affected economic activity, said IMF Dy MD Washington: The Indian economy now seems to be on its way to recovering from disruptions caused by ... Read More »

25 Do’s and Don’ts to Make Your Small Business More Profitable

Small businesses can struggle with profitability for a number of different reasons. They keep prices too low. They focus more on big picture ideas than real consumers. They have way, way too many expenses. The list goes on and on. But even if your business doesn’t make a lot of money early on, the goal should eventually be to sustain ... Read More »

Amp Up Your Marketing on a Budget: 7 Ways to Use Free Tools to Improve Your Digital Presence

If you’re a business owner, blogger or freelancer, chances are, you engage in some form of digital marketing for your business. You probably never intended to, and you certainly weren’t trained for it, but somewhere along the line, you figured it out because you realized your business would be dead without it. Kudos for that, marketing in today’s world is no easy ... Read More »