Latest posts
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US Federal Reserve’s Anna Paulson sees scope for more interest rate hikes amid inflation risks
Philadelphia Federal Reserve President Anna Paulson indicated that additional interest rate hikes could be warranted to combat inflation. She stated that inflation remains persistently high, with underlying inflation at about 2.5 to 3%. Paulson characterized the US economy as relatively strong despite external pressures from tariffs and the Middle East conflict. Policymakers expect one further…
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6 international mutual funds are reopening: 5 delivered double-digit returns in 1 year – is it time to invest?
Six international mutual funds are reopening for fresh subscriptions after periodic restrictions on overseas investments. With some schemes delivering double-digit returns over the past year, investors may be tempted to invest. Here’s what you should check before putting money in.
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Health insurance: Sum insured, policy terms, evolving needs – all you need to know before policy renewal
Reviewing coverage, sum insured, healthcare requirements and premiums can help ensure uninterrupted protection
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Term insurance maths: Forget the 10x rule, here is what you actually need to avoid being underinsured
To determine adequate coverage, families must evaluate how much financial backing is necessary if the primary breadwinner’s income vanishes.
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UPI MDR on loan repayments: What charge applies to EMIs and who bears it? Here’s what borrowers need to know
From 15 October, UPI transactions of more than ₹2,000 for debt collection, including loan repayments and EMI collections, will attract a ₹5 MDR. The charge is on the merchant side, not the borrower. Here’s how it applies to EMIs, AutoPay and credit-linked UPI payments.
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Snapdeal parent AceVector raises Rs 189 crore from anchors; Negen, Singularity among top investors
In a significant move, AceVector, the owner of Snapdeal, has successfully garnered Rs 189 crore from anchor investors for its upcoming IPO, scheduled to open on September 25 with a set price range of Rs 30-32 per share. Major allocations were made to funds like Negen Undiscovered Value Fund and Singularity Growth Opportunities Fund II.
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SEBI launches portfolio managers route for mutual funds: Here’s what the new ₹25 lakh PRIM route means for investors
SEBI has approved a new route allowing portfolio managers to build portfolios using mutual funds, ETFs, index funds and SIFs. With a minimum investment of ₹25 lakh, PRIM could offer investors a professionally managed alternative to investing directly in mutual funds.
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Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticket
Sebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries a Rs 25 lakh minimum ticket size and expands PMS portfolio construction options beyond direct equities.
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Sebi revamps accredited investors framework; approves common ad code for mkt intermediaries
Sebi has widened the definition of accredited investors by introducing new asset criteria for individuals and corporates. The board approved a common advertisement code that allows celebrity endorsements for brand promotions while restricting specific product advertisements. Furthermore, the agency introduced a new settlement scheme for non-genuine trades in illiquid stock options. Changes aim to simplify…
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Orient Cables (India) Limited IPO: Cable Manufacturing Company Opens for Subscription Tomorrow; Check the GMP and Other Details
Orient Cables (India) Limited is launching its Initial Public Offering (IPO) to raise funds for capital expenditure at its manufacturing facilities, repayment or prepayment of borrowings, and general corporate purposes. The IPO totals up to Rs. 552 crore, which includes the fresh offer of 1.18 crore equity shares for Rs. 320 crore and an Offer…