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Market tumbles for 5th straight session; Sensex tanks 536 points
Extending its losing streak to the fifth straight session, equity benchmark Sensex plunged 536 points on Thursday, tracking losses in HDFC Bank, Infosys and HUL amid a weak trend in global markets. The 30-share BSE index ended 535.57 points or 1.13 per cent lower at 46,874.36. Similarly, the broader NSE Nifty fell 149.95 points or […]
Press Trust of IndiaJanuary 28, 2021/4:33 PM IST -
Private placement of debt issuance hits all-time high of Rs 7.77 lakh cr in 2020: Report
The largest mobilisation through private placements of debt during the year was by HDFC at Rs 57,813 crore, followed by REC at Rs 53,946 crore, NHAI at Rs 53,463 crore, PFC (Rs 50,966 crore), and Nabard (Rs 50,734 crore).
Press Trust of IndiaJanuary 28, 2021/4:27 PM IST -
Budget changes tax laws every year. Do you change to take full benefits?
Change is not easy in the beginning but it becomes so after you correct financial beliefs.
Sudhir KaushikJanuary 28, 2021/3:58 PM IST -
Reserve Bank of India issues framework for strengthening grievance redress mechanism in banks
The central bank said the redress of complaints will continue to be cost-free for the customers of banks and members of public.
Press Trust of IndiaJanuary 28, 2021/2:56 PM IST -
Premium rates hiked by 110%. What should be the health insurance strategy of senior citizens?
On October 1, 2020, the premiums of health insurance went up for all age groups. Yes, this happened for all age groups but senior citizens are facing the brunt. The increase noticed is varying from 40% to 110% and is dependent on many factors like age, policy coverage, sum assured, claims history. In such a […]
SK SethiJanuary 28, 2021/2:40 PM IST -
IndusInd Bank drops for fifth straight session
IndusInd Bank fell for a fifth straight session today. The stock is quoting at Rs 801.6, down 2.26% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.38% on the day, quoting at 13774.4. The Sensex is at 46773.88, down 1.34%. IndusInd Bank Ltd has eased around 12.19% […]
Capital MarketJanuary 28, 2021/2:09 PM IST -
Wanted: An ‘Aatmanirbhar’ Budget that emphasises ‘Aatma Vishwas’
Finance Minister should not present another 'atmanirbhar' budget. Such a budget leaves consumers worse-off without necessarily achieving the intended goal of self-reliance.
Vivian FernandesJanuary 28, 2021/2:07 PM IST -
Invest in NPS for comfortable retirement
If you also want to start saving for retirement but wondering where to start, then, National Pension System is one of the right ways to start your journey.
Teena Jain KaushalJanuary 28, 2021/1:58 PM IST -
Budget 2021 expectations: Here’s what market expects from Union Budget
Ahead of the Union Budget 2021, domestic equity market tanked more than 5% during the past five trading sessions till January 28. Finance Minister Nirmala Sitharaman will present her third Budget on February 1 after the outbreak of Covid in 2020. Earlier, the 30-share index had declined 1% on the budget day in 2019 and […]
Rahul OberoiJanuary 28, 2021/1:43 PM IST
