The RBI reduced the repo rate by 0.25 per cent to 6 per cent in August, citing reduction in inflation risks. The rate cut was the first in 10 months and brought policy rates to a near 7-year low
Read MoreNext time you're sitting with a verbose Life Insurance agent who is making your head spin - take a pause and ask him/her this: what kind of policy is this? Once you've got your answer, refer to the ready reckoner below and you'll find yourself having a lot more clarity than before
Read MoreRetail inflation rose to a five-month high of 3.36 per cent in August from 2.36 per cent in July. August inflation number was the highest since March 2017, when it was recorded at 3.89 per cen
Read MoreWhile you don’t need to concentrate your life’s worth into a single share, you might want to hold a relatively concentrated set of shares of companies that have great fundamentals, with business models that you understand
Read MoreThe company is looking at making its operations profitable by bringing down its combined ratio, which is calculated by taking the sum of incurred losses and expenses and then dividing them by earned premium, to around 100 per cent in near future
Read MoreICICI Lombard shares were trading at Rs 643.50 on the National Stock Exchange, 2.7 per cent lower than the IPO issue price of Rs 661
Read MoreBefore investing, make sure you take at least a cursory risk profiling quiz from the internet, to understand whether you're a conservative, moderate or aggressive investor at heart
Read MoreSuch a move would help deepen the market and provide hedging opportunities to large companies that trade overseas due to limited liquidity at local exchanges
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