Smoking and consuming alcohol can have negative effects on one’s health and also while purchasing health insurance. Many individuals acquire health insurance with the expectation of never having to use it, but with the assurance that the policy will be there to assist in case of unforeseen circumstances. Despite common belief, individuals who smoke and … Read more
The Prime Minister’s Jeevan Jyoti Bima Yojana (PMJJBY) is a flagship programme of the NDA government, which was introduced by PM Narendra Modi on May 9, 2015. This life insurance scheme, offered by the central government, provides yearly renewable coverage for death resulting from any cause. According to a statement released on social media platform … Read more
The GST Council on Monday (September 9, 2024) is expected to deliberate on a host of issues, including taxation of insurance premium, GoM’s suggestions on rate rationalisation, and a status report on online gaming, sources said. Sources claimed the fitment committee, comprising Centre and State tax officials, will present a report on GST levied on … Read more
Indian stocks stretched their premium over Asian peers to a record as investors bolstered their holdings of local shares while cutting exposure to regional equities. The MSCI India Index extended its valuation gap over the Asian measure to more than 10 percentage points. The 146-member gauge is trading at 24 times its one-year forward earnings, … Read more
UltraTech Cement does not intend to delist shares of India Cements after it acquires additional stake in the company through an open offer, the company said on Monday. This comes a day after the country’s largest cement producer’s acquisition of additional stake in the Chennai-based company. The Aditya Birla Group company had acquired a near … Read more
Kronox Lab Sciences witnessed a decent listing at the bourses on Monday with a 21% premium over the issue price. Even though it is a positive start, the debut fell short of pre-listing expectations, fuelled by the initially high grey market premium (GMP) that had declined steadily in the days leading up to the listing. … Read more
Jamnagar-based Winsol Engineers on Tuesday received the highest premium on listing so far this year, mostly in-line with expectations. The stock debuted with a massive premium of nearly 387% over the issue price on Tuesday, making it one of the best listings seen in the recent past. Before the debut of Winsol, only two companies … Read more
The midcap stocks on an average have run-up by over 30% in the last 3 years, almost double the rate of large-cap stocks. At the current valuation, the market is not just pricing in next year’s earnings growth, but an earnings growth cycle for the next 3 to 5 years. Valuations of some of these … Read more
The shares of Deem Roll Tech debuted with a premium of 55% on the NSE SME platform on Tuesday. The stock listed at Rs 200 as against an offer price of Rs 129. Ahead of the listing, the company’s stock traded with a premium of Rs 88 in the unlisted market. The IPO, which is … Read more
There has been a rise in health insurance policy portability in recent times, and it can be attributed to a variety of factors, including the hikes in premiums. Many policyholders are looking for more affordable options, especially if they face steep increase in premium in their current plans. Insurers offering premium discounts attract customers seeking … Read more