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India's Household Savings To Generate USD 9.5 Trillion Inflows: Goldman Sachs
India's household savings are expected to generate cumulative inflows of around USD 9.5 trillion into financial assets over the next ten years, according to a report by Goldman Sachs.
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Top 6 Central Schemes Fuelling Farmer Welfare: Rs 6,000 Aid, Low-Cost Loans, And Rs 3,000 Pension
Together, these programs reflect a comprehensive approach: immediate income support, resilience through insurance and credit, and long-term stability via pensions and technology-led interventions.
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Finance Minister Chairs India-UK Investor Roundtable In London
Finance Minister Nirmala Sitharaman has chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions.
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RBI Imposes Restrictions On New India Co-operative Bank, Customers Unable to Withdraw Funds
The Reserve Bank of India has taken this step to protect the interests of the customers, citing concerns about the bank's financial condition.
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
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Income Tax: Know About The Rules Coming Into Effect From April 1
The new tax regime will have none of the usual exemptions on insurance premium, mutual funds and other such investments.
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India's $1 Trillion Bond Market Sees Rising Heft Of Insurers
India's yield curve has flattened markedly as the insurers and pension funds snapped up 10-to-40 year debt, with HDFC Life Insurance Ltd. saying that market participants are asking the central bank to sell more longer-dated bonds.
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Man's 'Heartbreak Insurance Fund' Tweet Becomes Hit Online. Twitter Says...
The couple's idea was to create a "Heartbreak Insurance Fund,'' and the deal was that whoever gets cheated on will get all the money.
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Ukraine Imposes 50-Year Sanctions On Russian Financial Sector
Ukraine's parliament imposed sweeping 50-year sanctions on Thursday on Russian financial institutions including the central bank, all commercial banks, investment funds, insurers and other enterprises.
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Crypto Exchange FTX Ordered to Halt 'False and Misleading' Claims by US Bank Regulator
A US bank regulator ordered crypto exchange FTX on Friday to halt what it called "false and misleading" claims the exchange had made about whether funds at the company are insured by the government.
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Supreme Court Notice To Centre On Plea Seeking Unclaimed Funds' Database
The Supreme Court on Friday sought response from the Centre and others on a plea seeking directions to create a centralised database providing information about bank accounts, insurance, post office funds etc. held by deceased account holders.
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U.S. And Japanese Insurers Back Autonomous Vehicle Firm May Mobility
The funding will allow May Mobility to continue work with Toyota Motor Corp on self-driving people movers, May Mobility said in a statement. May said it is aiming to take human drivers out of vehicles in commercial operation by next year.
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Why India's Largest Insurer LIC Is Gearing Up For A Record IPO
India is embarking on the blockbuster listing of the country's largest insurer as part of a wider privatisation drive to bolster public coffers drained by the coronavirus pandemic and fund new infrastructure.
-
Online Insurer Acko Raises $255 Million For Expansion Drive
The funds will also be used to develop new insurance products, for taking them to customers, as well as for fostering partnerships in the wider health economy including with hospitals.
-
India's Household Savings To Generate USD 9.5 Trillion Inflows: Goldman Sachs
India's household savings are expected to generate cumulative inflows of around USD 9.5 trillion into financial assets over the next ten years, according to a report by Goldman Sachs.
-
Top 6 Central Schemes Fuelling Farmer Welfare: Rs 6,000 Aid, Low-Cost Loans, And Rs 3,000 Pension
Together, these programs reflect a comprehensive approach: immediate income support, resilience through insurance and credit, and long-term stability via pensions and technology-led interventions.
-
Finance Minister Chairs India-UK Investor Roundtable In London
Finance Minister Nirmala Sitharaman has chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions.
-
RBI Imposes Restrictions On New India Co-operative Bank, Customers Unable to Withdraw Funds
The Reserve Bank of India has taken this step to protect the interests of the customers, citing concerns about the bank's financial condition.
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
-
Income Tax: Know About The Rules Coming Into Effect From April 1
The new tax regime will have none of the usual exemptions on insurance premium, mutual funds and other such investments.
-
India's $1 Trillion Bond Market Sees Rising Heft Of Insurers
India's yield curve has flattened markedly as the insurers and pension funds snapped up 10-to-40 year debt, with HDFC Life Insurance Ltd. saying that market participants are asking the central bank to sell more longer-dated bonds.
-
Man's 'Heartbreak Insurance Fund' Tweet Becomes Hit Online. Twitter Says...
The couple's idea was to create a "Heartbreak Insurance Fund,'' and the deal was that whoever gets cheated on will get all the money.
-
Ukraine Imposes 50-Year Sanctions On Russian Financial Sector
Ukraine's parliament imposed sweeping 50-year sanctions on Thursday on Russian financial institutions including the central bank, all commercial banks, investment funds, insurers and other enterprises.
-
Crypto Exchange FTX Ordered to Halt 'False and Misleading' Claims by US Bank Regulator
A US bank regulator ordered crypto exchange FTX on Friday to halt what it called "false and misleading" claims the exchange had made about whether funds at the company are insured by the government.
-
Supreme Court Notice To Centre On Plea Seeking Unclaimed Funds' Database
The Supreme Court on Friday sought response from the Centre and others on a plea seeking directions to create a centralised database providing information about bank accounts, insurance, post office funds etc. held by deceased account holders.
-
U.S. And Japanese Insurers Back Autonomous Vehicle Firm May Mobility
The funding will allow May Mobility to continue work with Toyota Motor Corp on self-driving people movers, May Mobility said in a statement. May said it is aiming to take human drivers out of vehicles in commercial operation by next year.
-
Why India's Largest Insurer LIC Is Gearing Up For A Record IPO
India is embarking on the blockbuster listing of the country's largest insurer as part of a wider privatisation drive to bolster public coffers drained by the coronavirus pandemic and fund new infrastructure.
-
Online Insurer Acko Raises $255 Million For Expansion Drive
The funds will also be used to develop new insurance products, for taking them to customers, as well as for fostering partnerships in the wider health economy including with hospitals.
