Americans are increasingly concerned about the cost of health insurance, and for good reason. The price for medical insurance has increased more than 50% since 2010, according to the Federal Reserve Bank of St. Louis, citing data from the Bureau of Labor Statistics (1). This may have led some to look for alternate ways to … Read more
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026, suggesting meaningful upside potential from current levels, highlighting a preference for BFSI, and IT sectors, among others. In the base case scenario, the brokerage has assigned a target of 29,120, … Read more
The 19th triennial conference of the General Insurance Employees’ Association (South Zone) will be held on Saturday (November 15) and Sunday (November 16) in Ernakulam. The GIEA (SZ) is an affiliate of the All India Insurance Employees’ Association (AIIEA). Industries Minister P. Rajeeve will inaugurate the event at the Women’s Association Hall in Ernakulam. The … Read more
Sebi will “engage” with the government to allow banks, insurance companies and pension funds to invest in non-agriculture commodity derivative markets, its chairman Tuhin Kanta Pandey said on Wednesday. He said the capital markets regulator is also looking at a proposal to allow foreign portfolio investors to trade in non-cash settled, non-agricultural commodity derivative contracts. … Read more
The combined market valuation of seven of the top-10 most valued firms jumped Rs 1,06,250.95 crore last week, with Bajaj Finance and Reliance Industries emerging as the biggest gainers, in line with an optimistic trend in equities. Last week, the BSE benchmark jumped 901.11 points, or 1.12 per cent, and the Nifty climbed 314.15 points, … Read more
Invesco Mutual Fund has received market regulator Sebi approval to transfer a controlling 60 per cent stake to IndusInd International Holdings Ltd (IIHL), according to sources. The Securities and Exchange Board of India (Sebi) has recently provided all approvals to the pending applications by Invesco India for a change in control of Invesco AMC, Invesco … Read more
Life Insurance Corporation of India (LIC) on Friday said it has paid a dividend cheque of Rs 7,324.34 crore to Finance Minister Nirmala Sitharaman for the 2024-25 financial year. The dividend was approved by LIC in its annual general meeting held on August 26, 2025, the state-owned insurance firm said in a statement. The dividend … Read more
Skills and talent development firm NIIT Ltd on Friday posted a 43.6 per cent decline in consolidated net profit to Rs 4.37 crore in the April-June quarter due to headwinds from a turbulent environment in the technology and BFSI sectors. It had reported a profit (attributable to owners of the parent company) of Rs 7.75 … Read more
In an era where living longer is becoming the norm, the cost of staying healthy is quietly escalating. Medical inflation—often overlooked in financial planning—is emerging as one of the biggest threats to a secure and stress-free retirement. In this edition of The Golden Thumb Rule, Ajit Menon, CEO of PGIM India Mutual Fund, sheds light … Read more
India’s Embassy Office Parks REIT is in talks with bankers to raise 20 billion rupees ($232.79 million) via the issuance of five-year corporate bonds, three sources aware of the matter said on Wednesday. The real estate investment trust will look to close the funding round before the end of this month, the sources said requesting … Read more