Investing News - Page 28

Buying right insurance policy is your responsibility, not your agents'
This means the customer has to do his homework while dealing with life insurance agents. The first step towards this is to find out if you need life insurance at all.

Check out your PF account, interest details online from today
Besides this, the Employees' Provident Fund Organisation (EPFO) has also announced it would put in place the facility for online PF account transfer claims on changing jobs next month.<br /><br />

Sensex ends flat on rupee fall, Sesa Goa surges 8%
The BSE Sensex opened at 18623, up 0.64 percent, while the Nifty opened at 5506, up 0.65 percent.

Can you afford to ignore LIC Housing's New Fixed 10 home loan?
The interest rate of the New Fixed 10 home loan is 11.50 percent for ten years, while other lenders in the market are offering fixed rate loans in the range of 11.25 percent to 13.75 percent. But the question here is.

The week ahead is critical for rupee, GDP data
India will report June quarter GDP on Friday, which will indicate how much the economy has slowed

For some foreign investors, India growth story far from over
The prospect of an end to the Federal Reserve's cheap money has taken its toll on perceptions about India as an attractive destination. However, that is contradicted by remarkably sturdy foreign inflows, despite concerns that high foreign ownership could make the country more vulnerable to selling.<br /><br />

Insurers can now invest in private equity, debt funds: Irda
The regulator said the overall exposure to venture funds and AIFs put together should not exceed 3 percent of the respective fund in the case of a life insurance company.

No proposal to hike FDI limit in banks: govt
The penetration of the insurance sector is below France, Switzerland, the UK, the US, Japan, Singapore, South Korea, Taiwan and Hong Kong.<br /><br />

Centre plans to sell stake in five public entities
The disinvestment target for the current fiscal has been fixed at Rs 40,000 crore.

Why you need to be doubly careful with Rs 1000 notes
The Reserve Bank of India's annual report says 98,459 counterfeit notes of Rs 1,000 denomination were detected during 2012-13, compared with 83,280 in the previous year.

Gold suffers second biggest fall in a week, tumbles Rs 1,250
Gold lost Rs 1,085 to Rs 32,575 per 10 grams in Kolkata but at Chennai, it managed to close Rs 130 higher at Rs 30,305 per 10 grams.

Rupee fall: HSBC downgrades Indian shares to neutral
Global financial services major HSBC has downgraded Indian equities from "overweight" to "neutral" citing that the country would struggle to defend a falling currency and declining growth.

Coal India disinvestment: Govt may appoint two legal advisers
The government plans to garner Rs 40,000 crore this fiscal by way of disinvestment and CIL's stake sale would be the largest.

NHPC buyback to kick off govt's backdoor disinvestment
With market conditions unlikely to improve in the near future, it will be difficult for the government to meet its Rs 40,000 crore disinvestment target for the year, a Reuters report said yesterday.

Why Nasdaq opted for caution over speed in restoring trade glitch
Most of the 191 minutes that the exchange was dark was spent in sometimes frantic conversation with scores of banks, brokers, investment companies and rival exchanges who wanted Nasdaq's assurance that a restoration of trading would be orderly and would not lead to panic.

Here's how to find out if your investment options are wise
Financial Planning gives the choice of investment options which best suits a particular situation or phase as per the identified financial goals at the same time taking risk profile into consideration.

Centre to speed up PowerGrid stake sale, aims Rs 3,000 cr
PowerGrid reported a net profit of Rs 1,040.34 crore in the April-June quarter of the current financial year.

Offshore markets influencing rupee movement: RBI
The analysis says there is a long-term relationship between the spot and the NDF markets for the rupee.

Seven ways how a falling rupee can change your life
Although a falling rupee will help NRIs and exporters, there are a lot more worries than things to be happy about.

FMC asks NSEL to liquidate all assets of defaulters
The regulator also asked NSEL to auction defaulters' commodities lying in the accredited warehouses as collateral.

Aadhaar card valid proof for opening bank account: Meena
RBI has also advised the banks that if the address provided by the account holder is the same as that on Aadhaar letter, it may be accepted as a proof of both identity and address.<br /><br />








