Mumbai: Markets which had so far discounted a full-fledged war between India and Pakistan seem to have raised a note of caution in the last two-and-a-half hours of trade on Thursday, when news surfaced of India thwarting Pakistan’s missile attack on 15 of its military installations on the intervening night of 7-8 May. The escalation…
Mumbai: The Reserve Bank of India (RBI) on Thursday allowed foreign investors greater freedom to buy Indian corporate bonds, giving them a chance to purchase more short-term paper. The central bank removed short-term investment and concentration limits from its rules governing foreign investments in corporate bonds. This, it said, will provide greater ease of investment…
The market regulator’s rare order barring First Overseas Capital Ltd (FOCL) from taking on any new initial public offer (IPO) assignments after uncovering alleged fund diversion from an IPO may signal increased scrutiny of merchant bankers to shore up investor trust, according to experts. The interim order, issued on 6 May by the Securities and…
Titan Q4 Results: Tata group’s jewellery and eyewear company Titan posted a 10.7% year-on-year (YoY) growth in its standalone net profit to â‚ą870 crore for the fourth quarter of the financial year 2024-25 (FY25) post-market hours on Thursday, May 8. The figure stood at â‚ą786 crore in the same period last year. The sale from…
For three decades, I have observed the machinery of banks, insurance companies, and investment firms with growing concern. The conventional wisdom suggests that a positive, trusting attitude leads to success in life. We’re taught from childhood that assuming the best about others usually works out well. This approach serves us admirably in most human interactions–except…
Across the world, Indians who once worked on home soil are finding their PF withdrawals tangled in red tape. Missed contributions. Unlinked Aadhaar numbers. Service overlaps. Whether they’re in Boston, Singapore, or Toronto, the stories are the same—the money’s there, but good luck accessing it. Service gaps, missing UANs, dead-end claims For some employers, the…
Q: Can I buy a global health insurance plan from India? How does the claim process work? Is it cashless or would I need to pay upfront and seek reimbursement? – Name withheld on request If you’re looking for global health coverage, you have two main options. The first is to opt for plans offered…
Swiggy Ltd, the food delivery and quick commerce company, is set to report its Q4 results tomorrow, May 9. Ahead of the Q4 results, Swiggy share price declined more than 3% on Thursday. The board of directors of Swiggy is scheduled to meet on 9 May 2025 to consider and approve financial results for the…
The Indian government’s bold military response—Operation Sindoor—in response to the Pahalgam attack on April 22 has created understandable jitters in financial markets. However, history offers a reassuring narrative for long-term investors, especially mutual fund participants. The immediate impact of any political upheaval is seen instantly in the stock markets. However, mutual funds are relatively safer…
The travel segment has been growing by leaps and bounds in the last few years. As more and more Indians travel within and outside India, banks have been launching travel-centric credit cards. Kotak Bank is the latest bank to launch a travel-centric card – the Kotak Solitaire Credit Card. In this article, we will understand…
