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Insurance News

Budget 2023: Tax tweak in life insurance to dent topline 10-12%, says HDFC Life chief

The Budget 2023 announcement to make changes to tax exemption policy on life insurance will likely have a 10-12 percent impact on the top-line products of HDFC Life and a…

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February 1, 2023
Market Report

Taking Stock | Market ends mixed amid wild swings on Budget day; FMCG stocks shine

ITC, ICICI Bank, JSW Steel, Tata Steel and Tata Consumer Products were among the top gainers on the Nifty, while losers were Adani Enterprises, Adani Ports, HDFC Life, SBI Life…

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February 1, 2023
Insurance News

Budget 2023: Why insurance stocks took a beating after FM#39;s speech

Union Budget 2023: The finance minister pushed the new income tax regime that does away with exemptions on investments. She also announced curbs on exemptions involving high-value insurance policies Source…

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February 1, 2023
Currency News

Buy EURINR; target of : 89.20 : ICICI Direct

ICICI Direct, The Euro recovered its earlier losses and rose yesterday amid weak dollar and rise in risk appetite in global markets. Source link

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February 1, 2023
Currency News

Rupee, bond trade flat ahead of key Budget announcements

Analysts expect that the overall focus will continue on the growth agenda through higher capex allocation that will accelerate the investment cycle and employment. Source link

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February 1, 2023
Market Report

Taking Stock | Market ends with modest gains amid volatility ahead of Union Budget 2023

On the BSE, auto, capital goods, power, metal and realty added 1-1.8 percent, while selling was seen in the healthcare, information technology and oil gas names Source link

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January 31, 2023
Currency News

Sell EURINR; target of : 88.84 : ICICI Direct

ICICI Direct, The Euro erased its earlier gains and fell towards the level of 1.0839 yesterday amid a strong dollar and weaker than expected macroeconomic data from the Euro area.…

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January 31, 2023
Market Report

Taking Stock | Market snaps 2-day losing streak, Sensex gains 319 points, Nifty above 18,100

HUL, Sun Pharma, Tech Mahindra, Eicher Motors and UPL were among the biggest Nifty gainers. The losers included UltraTech Cement, Grasim Industries, NTPC, JSW Steel and Tata Steel Source link

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January 23, 2023
Insurance News

ICICI Lombard posts strong earnings in 9M FY23, health segment gets top billing

Change in product mix to drive future profitability; valuations rich but sustainable Source link

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January 18, 2023
Insurance News

Budget 2023 can help you in dealing with rising healthcare costs

FM Nirmala Sitharaman could go for an increase in the section 80D limit to make health covers more attractive for taxpayers at a time when medical expenses are rising. Source…

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January 17, 2023
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