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Source: Business Standard 3 min read Last Updated : Oct 14 2024 | 8:21 PM IST News reports suggest Indians will fly off to foreign destinations in even larger numbers this holiday season than last year. Before they do so, they must purchase a comprehensive travel insurance cover with an adequate sum insured. …
Source: Business Standard 3 min read Last Updated : Oct 11 2024 | 10:41 PM IST Footfall, enquiries, and bookings at car dealerships are rising, driven by attractive offers and promotions. These special deals typically start in October and run until the New Year. “Many companies pay Diwali bonuses to employees, boosting purchasing…
Source: Business Standard 3 min read Last Updated : Oct 07 2024 | 10:15 PM IST Magma HDI General Insurance recently announced the launch of OneProtect, a personal accident (PA) cover with over 20 customisable add-ons that customers can purchase according to their needs. The timing of the launch is apt, given that the…
Source: Business Standard 3 min read Last Updated : Oct 04 2024 | 6:32 PM IST According to the Axis Securities Credit Cards and Digital Payments Business Monitor report, there has been a marked shift towards credit card usage compared to debit cards. In August 2024, credit card spends were 3.9 times higher than…
Source: Business Standard Gold(Photo: Shutterstock) 3 min read Last Updated : Sep 27 2024 | 10:07 PM IST Gold, which closed at Rs 75,447 per 10 gram in the domestic market (and is trading at Rs 2,689.6 per ounce on the Comex), is up 29.4 per cent over the past year. Experts are of…
Source: Business Standard 3 min read Last Updated : Sep 24 2024 | 8:12 PM IST The Reserve Bank of India (RBI) typically issues Sovereign Gold Bonds (SGBs) in June and September each year. However, no tranches have been issued in 2024-25 (FY 2025). The last tranche of SGB Series IV (FY 2024) was…
Source: Business Standard 4 min read Last Updated : Sep 24 2024 | 12:23 AM IST A painting by the renowned artist S H Raza, valued at Rs 2.5 crore, was recently reported stolen from an auction house’s warehouse in south Mumbai. It was last seen in March 2022, and the theft was discovered…
Source: Business Standard 3 min read Last Updated : Sep 20 2024 | 7:40 PM IST With the Reserve Bank of India (RBI) nudging non-banking financial companies (NBFCs) to reduce their dependence on banks, and mutual funds becoming conservative after the Franklin Templeton incident, NBFCs are increasingly turning to the bond market to raise…
Source: Business Standard 4 min read Last Updated : Sep 18 2024 | 5:22 PM IST The Supreme Court ruled in a recent case that the co-owner of an undivided property cannot transfer the entire property without first demarcating their share. Salik Ram and Sita Ram jointly owned a property. Salik allegedly gifted…
Source: Business Standard 4 min read Last Updated : Sep 16 2024 | 8:17 PM IST At a recent Confederation of Indian Industry (CII) summit, Satyajit Tripathi, member (distribution), Insurance Regulatory and Development Authority of India (Irdai), highlighted that grievances in general insurance, especially health insurance, mainly revolve around claim payments. In many cases,…
