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Insurance Regulatory and Development Authority of India (IRDAI) is likely to give its final approval to global reinsurance firms planning to set up branches in India by January 2017. (Representational image)Business
Chennai: IRDAI hikes car premium by 12 per cent

The long term policy premiums—three-year for private cars and five-year for two-wheelers ---have been retained without...

6 Jun 2019 4:20 AM IST

Gold imports rise 49 per cent last monthBusiness
Gold imports rise 49 per cent last month

The country’s gold imports in value terms rose to $4.78 billion last month from $3.48 billion in the same month last...

5 Jun 2019 12:59 AM IST

Reserve Bank of India enters top-10 list of central banks in gold reservesBusiness
Reserve Bank of India enters top-10 list of central banks in gold...

After buying 200 tonnes in November 2009, the reserves were stagnant at 557.7 tonnes for a long time.

5 Jun 2019 12:56 AM IST

MFIs stay resilient to liquidity crisisBusiness
MFIs stay resilient to liquidity crisis

The segment has clocked over 40 per cent growth in gross loan portfolio (GLP) in FY19.

4 Jun 2019 2:57 AM IST

Elections hit M&A transactionsBusiness
Elections hit M&A transactions

The April deals brought down the year-to-date (YTD) deal value by 65 per cent and volumes by 7 per cent.

23 May 2019 3:01 AM IST

Ultra-rich to raise PE allocationBusiness
Ultra-rich to raise PE allocation

About 46 per cent of ultra rich are likely to increase their investment to private equity as an asset class in 2019.

22 May 2019 1:34 AM IST

Festivals drive up digi-pay in Q1Business
Festivals drive up digi-pay in Q1

UPI transaction volumes up 328 per cent.

22 May 2019 1:06 AM IST

Subscription works for e-commerceBusiness
Subscription works for e-commerce

The programme has started showing results as the 30 to 40 per cent of these subscribers account for 60 per cent of the...

21 May 2019 3:06 AM IST

Insurance Regulatory and Development Authority of India (IRDAI) is likely to give its final approval to global reinsurance firms planning to set up branches in India by January 2017. (Representational image)Business
Proposal to raise third party premiums

Premium for two-wheelers below 75 cc is proposed to be Rs 482, up 12.8 per cent from Rs 427.

21 May 2019 12:52 AM IST

Spencer’s Retail to buy Godrej’s Nature’s BasketBusiness
Spencer’s Retail to buy Godrej’s Nature’s Basket

Spencer’s Retail will acquire premium grocery and fresh fruit store Nature’s Basket from Godrej Industries for Rs...

18 May 2019 1:21 AM IST

New entity to push Tata’s FMCG ambitions forwardBusiness
New entity to push Tata’s FMCG ambitions forward

The deal itself has increased the distribution footprint of the new entity by 30 per cent compared to that of Tata...

17 May 2019 1:12 AM IST

E-com biggies bet on local language playBusiness
E-com biggies bet on local language play

E-com sites have been targeting the English-speaking population of 130 mn.

13 May 2019 12:27 AM IST

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