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Finance

Are British telecoms a good investment?

Are British telecoms a good investment?

Despite recent strong results for both Vodafone and TalkTalk, there are reasons to be cautious before investing in British telecoms companies. Nov 17, 2016
India insurance

SBI Life Insurance posts 5% rise in net profit at Rs 428 crore in H1 of FY17

Currently, India's life insurance market is dominated by public sector life insurer Life Insurance Corporation of India (LIC) with around 48 percent market share. Nov 17, 2016
DEA secretary

Demonetisation: Families can now withdraw up to Rs 2.5 lakh for weddings; Rs 2,000 limit on old notes' exchange

Farmers can withdraw upto Rs 25,000 per week against the crop loans sanctioned and credited to their accounts. Nov 17, 2016
mutual funds

Mutual fund industry clocks 3% rise in AUM in October on higher inflows

Apart from income funds, equity funds and equity-linked savings scheme (ELSS) also saw good inflows in October. Nov 16, 2016
Vijay Mallya's Kingfisher Airlines

SBI writes off Kingfisher Airlines' loans from balance sheet; transfers loan to another account

This write-off will allow the public sector lender to take out the loan from the balance sheet with an option to pursue recovery from the promoter. Nov 16, 2016
Bank of Baroda Bank capitalisation

Don't see bad loans rising in current fiscal: Bank of Baroda

The public sector lender plans to recalibrate all its ATMs by November 25 for dispensing new Rs 500 and Rs 2,000 notes. Nov 16, 2016
Insurance

Premium collection of general insurers jumps 32% on healthy motor insurance growth

The rise in gross written premium collections during April-October period for private sector firms was higher than the public sector firms. Nov 15, 2016
TV sets in a showroom

Bajaj Finance sees near-term blip in credit growth

Demonetisation of high-value currencies by India is likely to drag many NBFCs' balance sheet. Nov 15, 2016
India rupee

Old Rs 500 and Rs 1,000 notes will continue to be accepted at vital places until November 14

The old notes will be accepted at crematoriums; petrol bunks operated by IOC, BP, and HP; and NHAI toll plazas until November 14. Nov 12, 2016
Rs 2000 note passes all tests

New Rs 2,000 notes could take time to be issued by ATM machines; bank branches witness unprecedented rush

ATMs across the country should now be open. Check your nearest machine for new Rs 2000 notes. Nov 11, 2016
Paytm lets you buy milk and vegetables using your debit/credit cards

Paytm fortifying its offline payment network, aims to hire over 10,000 agents

Paytm seeks to capitalise on rising demand following PM Modi's demonetisation decision. Nov 10, 2016
Rs 2000 note passes all tests

'New Rs 2,000 note to come with nano GPS tracker' goes viral on WhatsApp; RBI clears the air

The FAQs detailed on RBI's official website do not mention anything about the presence of the GPS chip in the Rs 2,000 note. Nov 10, 2016
Twitter users have a good laugh about Rs 500 and Rs 1000 withdrawal

Rs 500 and Rs 1,000: Current-gen notes valid at toll plazas, railway ticket counters and burial grounds till November 11

Apart from banks and post offices, you still have ways and means of disposing-off your current Rs 500 and Rs 1,000 notes. Nov 9, 2016
rbi head office reserve bank of india notes currency denomination 2000 1000 500 100 mysuru

Images of 'new' Rs 2,000 currency note go viral on social media; rumours hint at early 2017 launch

The Rs 2,000 currency notes are rumoured to be released soon. However, RBI is yet to come out with an official announcement. Nov 7, 2016
UK housing market banishes post-Brexit blues

UK housing market banishes post-Brexit blues

Estate agents and property listing sites are set to benefit from the recovery of house prices after the EU referendum in June. Oct 18, 2016
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