Jefferies has shed light on a groundbreaking development that could reshape the insurance industry – the introduction of the “threshold premium” concept. While still in the consultation stage, this innovative idea has the potential to significantly impact insurers by influencing surrender values and, subsequently, trimming fees inversely. According
IndusInd Bank, Suzlon, Paytm likely top entrants of MSCI global index
In the upcoming November 2023 rejig of the Morgan Stanley Capital International (MSCI) Global Standard Index, market experts anticipate the addition of IndusInd Bank, Suzlon Energy, One 97 Communications, APL Apollo and Persistent Systems along with others. According to a research report by Nuvama Alternative & Quantitative Research, IndusInd B
Govt offloads over 4 MT of wheat in open market to curb prices
To curb the rise in prices, the government has offloaded 4.1 million tonne (MT) of wheat under the open market sale scheme (OMSS) by the Food Corporation of India (FCI) to bulk buyers this fiscal. On Wednesday, the FCI sold 0.28 MT of wheat to 2,420 bidders in the weekly e-auction, which commenced in June, […]
Share Market Highlights: Nifty settles at a fresh high; closes above 20260, Sensex over 67480, Bank Nifty adds 330 points
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices settled in the positive territory on Friday. The NSE Nifty 50 soared 0.78% to hit a fresh high of 20,291.55 during intra-day trade and settled at 20,267.90, up 134.75 or 0.67, while the BSE Sensex added as much as 492.75 points […]
What is the best time to take Vitamin D? Here’s your ultimate guide to supplement consumption certified by health experts
An essential winter routine is soaking up sunlight to get vitamin D, which plays a pivotal role in maintaining optimal health and well-being. Deficiency of Vitamin D is quite common resulting in weak bone health. People often consume supplements to meet the requirements of the vitamins in the body. While it is important to soak […]
Creativity and communication: The key to BTL marketing impact
By Shajesh Menon In the dynamic landscape of Below-the-Line (BTL) marketing, the fusion of creative ingenuity and effective communication serves as the linchpin for transforming a brand’s presence into a resonant impact. This seamless interplay isn’t just about showcasing individual strengths but about an orchestration of each effort enhancing the
LIC shares hit 52-week high despite fall in premium
The Life Insurance Corporation of India (LIC) shares on Thursday hit a 52-week high of close to Rs 800 in intra-day trades. The stock settled at Rs 785.50, up 5.34%, on the BSE, after gaining as much as 7.27% to Rs 799.90. The stock had gained 7.2% on Monday and 5% on Wednesday. It is, […]
Dalal Street braces for fluctuations head: Check key technical indicators and foreign investment trends
Benchmark equity indices kickstarted the week on a positive note in this holiday-truncated week. On a weekly basis, the Nifty rose by 0.26%, mirroring the BSE Sensex, which also saw a 315.81 points or 0.48% gain last week. But that said, what’s the key level to watch out for going forward? Here are some expert […]
RBI should cut interest rates soon: Jayanth Varma
The Reserve Bank of India (RBI) should reduce nominal interest rates soon to prevent an excessive rise in real interest rates, says monetary policy committee’s external member Jayanth Varma. He tells Ajay Ramanathan that a potential deterioration in the global economy and geopolitical volatility are major risks to growth in 2024. Excerpts: Q. Do yo
FPIs turn buyers; invest Rs 1,433 cr in equities in November so far
After sustained selling in the last two and a half months, FPIs bought Indian equities worth Rs 1,433 crore thus far in November, mainly due to the decline in US treasury bond yields and crude oil prices. Foreign Portfolios Investors (FPIs) were net sellers till November 15. However, they reversed the selling trend by infusing […]