Private insurers gain market share in H1
Public sector general insurance companies continued to lose market share to private sector peers in the first half of the current financial year. In the first half, general insurance industry grew 14.86% to ₹1,43,802 crore. The public sector companies had a combined market share of 31.99% down from 32.76%, growing at 12.16%.

From achieving financial goals to adapting to life changes, how a second income supports financial security
Life is a journey filled with dreams and aspirations. However, these dreams often require financial backing to transform them from wishes into reality. Your primary income is undoubtedly crucial, but a second income can be the catalyst that propels you toward achieving your most cherished life goals.

LIC to launch 3-4 products for double-digit growth in new biz premium in FY24: Chairman
Insurance behemoth Life Insurance Corporation (LIC) has lined up 3-4 product launches in the coming months with a view to achieve double-digit growth in new business premium in the current financial year.

Karnataka Bank to distribute Bajaj Allianz Life Insurance products
 

PSU general insurers lose market share further
 

AM Best revises GIC Re’s credit rating to Positive
 

Narayana Health expects to get IRDAI license by next year
Bengaluru: Bengaluru-based hospital chain Narayana Health, which has announced its plan to foray into the health insurance space, anticipates acquiring the necessary licenses from the Insurance Regulatory and Development Authority of India (IRDAI) either in this calendar year or possibly early next year.

Need SEBI-like regulatory model for artificial intelligence: Sanjiv Sanyal
India will evolve norms for regulating artificial intelligence, and the AI regulator could function like financial regulator SEBI, Prime Minister's Economic Advisory Council (PMEAC) member Sanjiv Sanyal said on Thursday.

Sebi asked to consult stakeholders at drafting stage to ensure regulations are not overly restrictive: FM Nirmala Sitharaman

The government has asked capital markets regulator Sebi to seek inputs from shareholders while drafting norms and rework them if the proposals are perceived to be much too restrictive, finance minister Nirmala Sitharaman said on Thursday, seeking to allay industry concerns that "over-restrictive regulations" would kill innovation.

Don’t be too greedy or too fearful: Chirag Mehta of Quantum Mutual Fund
Quantum Mutual Fund is known for its no-nonsense quality and value conscious investment approach. That is why mutual fund investors were surprised when the fund house recently launched a small cap fund. ETMutualFunds reached out to Chirag Mehta, CIO, Quantum Mutual Fund, to understand what is the thought process. We also quizzed him about his outlook on the markets, interest rates, inflation, gold, among others. “While the domestic economy continues to look well placed, it is vulnerable to external shocks. So don’t be too greedy or too fearful. Have a prudent asset allocation of equity and gold in your portfolio and stagger your investments to capitalize on the volatility induced by global and domestic headwinds,” says Mehta. Edited interview.

How do mutual funds invest in IPOs of new age tech companies? Nirav Karkera explains
Nirav Karkera, Head of Research, Fisdom, says “most mutual funds have been allocating to new age tech companies. Most of them have been allocated either at the pre-IPO stage, that is at the anchor stage or post-listing. It could be on the first day of listing or during the subsequent days. Coming to positioning, whether strategic or tactical, the proof lies in the exposure that mutual funds have been taking. For many new age tech companies, the initial exposure that they have taken has been marginal, irrespective of whether they took that exposure at anchor stage or post-listing.”

Hybrid MFs attract Rs 72K crore in seven months
 

Hybrid mutual funds catch investors' fancy, attract Rs 72,000 cr in past 7 months
 

Why India Inc is better placed among emerging markets
A redeeming feature of India Inc. since the pandemic has been the sharp improvement in earnings profile, marked by not only a trajectory which has reset higher but also by uncharacteristic stability, which was missing for most of the last decade.

Equity markets settle flat in volatile trade
Mumbai: Equity benchmark indices Sensex and Nifty ended almost flat in highly volatile trade on Thursday amid the lack of any immediate trigger. The 30-share BSE Sensex dipped 5.43 points or 0.01 per cent to settle at 66,017.81. During the day, it hit a high of 66,235.24 and a low of 65,980.50. The Nifty slipped 9.85 points or 0.05 per cent to 19,802.

Infra Financiers seek to raise Rs 30,000 crore

Mumbai: As general elections head closer, Indian financiers are rushing to bond markets to raise capital for infrastructure projects, with big names such as the National Bank for Financing Infrastructure and Development as well as large public sector banks eyeing fund raises worth close to ₹30,000 crore in coming days.