SEBI May Take Action Against Fund Houses for 18 Non-Performing MF Schemes
The Securities and Exchange Board of India (SEBI) has observed 18 consistently non-performing mutual fund schemes and decided to take
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New Guidelines Issued on Life Insurance Products: IRDA
With an aim to standardize insurance sector, Insurance Regulatory Development Authority (IRDA) has issued new guidelines for traditional life insurance
Read moreNo Entry for New Senior Managers in Group Pension Scheme : IRDA
The insurance regulatory IRDA has barred the entry of new employees into group pension scheme which was usually offered by
Read moreRBI Launches Website to Help Detect Fake Currency Notes
With an objective to spread awareness among public about fake rupee notes, the Reserve Bank of India (RBI) has set
Read moreOffer Tax Incentives to Encourage Use of Credit, Debit Cards : White Paper
In a bid to check the black money stashed abroad, the Finance Minister on Monday, tabled a white paper on
Read moreTreatment in Unregistered Hospitals May Fail to Meet Insurance Needs
With the rapidly increasing number of private hospitals and over 2000 nursing homes existing currently, the number of illegal hospitals
Read moreFMPs Losing Popularity Among Investors : Fund Houses
Fixed Maturity Plans (FMPs), one of the most popular mutual fund products, seem to have lost their popularity among investors.
Read moreKYC Details of P-Note Holders Helps to Curb Black Money: Govt
The white paper on black money tabled by the Finance Minister says that, Investment in the Indian stock market by
Read moreIs There any Turn-Around for Indian Mutual Fund (MF) Industry?
The mutual fund industry today is one that creates opportunities as well as challenges. The industry is learning to move
Read moreApplication Forms for Opening a Savings Bank Account to be Simplified
The Finance Ministry proposed banks to provide single page application forms for opening savings accounts or for taking small-ticket size
Read moreNo Reduction in Sum Assured After Charging Higher Premium: Consumer Forum
The New Delhi District Consumer Disputes Redressal Forum has ordered that, once the premium for a certain amount of sum
Read moreRBI Cuts Transaction Fee on Debit Card Payments
The Reserve Bank of India (RBI) lowered the fees that are charged by banks on a merchant for processing a
Read moreIndians Depend on Others While Investing Online: Survey by Nielsen
According to a recent global survey by information and measurement firm Nielsen, Indians are more dependent on others while investing
Read moreDeath By Mosquito Bite is Covered in Accidental Insurance
The consumer forum said that, death caused by mosquito bite is an accident and it is to be covered under
Read more14 More Services to Exempt From Tax from July 1
The Government recently announced that 14 more services would be exempted from payment of service tax. These services shall be
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