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Amending insurance laws, open architecture for agents should be sectoral priority for new government : Experts Amending the insurance laws, introduction of open architecture for insurance agents, review of regulations relating investments distribution, development of climate and natural disaster insurance covers are some of the agenda that the new Indian government has to fulfill, said insurance sector experts.  They also said the rules and regulations governing the insurance sector should be simplified and streamlined. "The new government should amend the laws governing the insurance ...
Amending insurance laws, open architecture for agents should be sectoral priority for new government : Experts
Amending insurance laws, open architecture for agents should be sectoral priority for new government : Experts
Source: IANS
2024-06-06 10:32:55 am
FIIs offload over Rs 24,000 crore in Indian equities in May Foreign institutional investors (FIIs) have turned aggressive sellers in Indian equity markets due to the outperformance of the Hong Kong index Hang Seng.  As per the provisional data from the National Stock Exchange (NSE), foreign investors have pulled out around $2.9 billion (Rs 24,000 crore) from the Indian markets so far in May. It is the worst selloff among Asian markets. Foreign funds have been selling Indian equity during all the sessions except two. This is the biggest FII out...
FIIs offload over Rs 24,000 crore in Indian equities in May
FIIs offload over Rs 24,000 crore in Indian equities in May
Source: IANS
2024-05-29 05:19:41 pm
Economists unsure when RBI will cut repo rate  With the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) deciding to retain the repo rate at 6.5 per cent, economists are not sure when the central bank would cut the rate. Some expect a shallow rate cut may happen by the end of the calendar year while others are of the view that RBI will maintain a wait-and-watch attitude. The MPC decided to leave unchanged the repo rate, the rate at which the RBI lends to banks, at its first meeting of FY25 held April 3-5. RBI ...
Economists unsure when RBI will cut repo rate
Economists unsure when RBI will cut repo rate
Source: IANS
2024-04-06 09:10:23 am
Despite recent downturn, small and mid caps outperform large caps in last 12 months Despite a recent downturn, with small caps yielding no returns in the past 90 days and mid caps experiencing corrections in the recent past, the past 12-month performance still eclipses large caps with returns exceeding 50 per cent, broking firm, Anand Rathi Share and Stock Brokers said. “In the face of mounting skepticism from market experts, our outlook for mid and small cap indices remains optimistic,” the brokerage said. The exceptional performance of mid and small caps ...
Despite recent downturn, small and mid caps outperform large caps in last 12 months
Despite recent downturn, small and mid caps outperform large caps in last 12 months
Source: IANS
2024-03-20 03:56:50 pm
Double-digit growth estimated in two-wheelers for Febuary Strong double-digit year on year growth in February 2024 is likely for two-wheeler wholesale volumes due to good demand with retails up 10 per cent and a favourable base, Anand Rathi Research said in a note. Passenger vehicle volumes are likely to have grown at a healthy pace led by positive retail trends with retails up 4 per cent and inventory build. Commercial vehicles, though, are likely to have slid in single digits due to weak LCV volumes and a high base. Tractors are likely to ha...
Double-digit growth estimated in two-wheelers for Febuary
Double-digit growth estimated in two-wheelers for Febuary
Source: IANS
2024-02-29 03:16:59 pm
Savings rate down but healthy at 30%; uptick in housing loans drives credit growth India’s household savings, a major contributor for the economic growth, is on the decline since FY12 and is currently averaging at about 30 per cent of the Gross Domestic Product (GDP), said top economists. “The current savings rate is 30.2 per cent of GDP as of FY 22, the latest data available so far. The trend has been on decline since FY 12 when the savings rate was 34.6 per cent of GDP. The savings rate in the last decade averaged nearly 32 per cent of GDP,” Sujan Haj...
Savings rate down but healthy at 30%; uptick in housing loans drives credit growth
Savings rate down but healthy at 30%; uptick in housing loans drives credit growth
Source: IANS
2024-02-03 05:32:31 pm
Bull run in Indian bourses likely to continue subject to short-term volatility The Indian bourses have been seeing a bull rally in recent times with the indices touching new peaks. The uptrend is expected to continue in the long run subject to some short term volatility owing to domestic and international geo-political factors, said Pradeep Gupta, Co-founder & Vice Chairman, Anand Rathi Group. Gupta in an interview to IANS details the reasons for the Indian bourses touching new heights, the drivers, the sectors that drive the bull and other aspects. Excerpts: ...
Bull run in Indian bourses likely to continue subject to short-term volatility
Bull run in Indian bourses likely to continue subject to short-term volatility
Source: IANS
2023-12-10 10:17:12 am