Mumbai, June 1 (IANS) National Securities Depository Limited (NSDL) on Monday announced the introduction of daily reporting of domestic institutional investor (DII) investment trends as part of efforts to strengthen transparency in India’s capital markets.The initiative has been launched under the guidance of the Securities and Exchange Board of India (SEBI) and in coordination with custodians and SEBI’s Department of Economic and Policy Analysis (DEPA).According to NSDL, the new reporting f…
Latest Insurance Companies News & Updates
Mumbai, May 22 (IANS) As offer for sale (OFS) for Central Bank of India shares opened for non-retail investors on Friday as the bank scrips surged 0.29 per cent in early trade.Retail investors and employees can bid on May 25, 2026 and the floor price for the issue has been fixed at Rs 31 per equity share at over 8.5 per cent discount to the PSU lender’s Thursday closing price.The government may additionally exercise an oversubscription option to sell more shares depending on investor demand, the…
Gandhinagar, March 28 (IANS) Positioning India as a competitive global financial hub, Gujarat’s GIFT City has recorded rapid growth in financial activity and international participation, prompting Chief Minister Bhupendra Patel to describe it as a “vibrant reality driving economic growth”. The Chief Minister said the project, envisioned by Prime Minister Narendra Modi during his tenure in Gujarat, has moved beyond its initial concept to become a fully operational international financial hub….
New Delhi, March 13 (IANS) Congress Rajya Sabha member Rajeev Shukla on Friday raised the issue related to the crop insurance scheme for farmers in the House, saying insurance companies were not providing farmers with proper and full compensation. He said this was a critical issue as it impacted millions of farmers nationwide.Citing examples from several states, he highlighted serious flaws in the scheme. In Maharashtra, after the crops were damaged, the compensation was a meagre Rs 21 in some a…
Jaipur, Feb 9 (IANS) Rashtriya Loktantrik Party (RLP) President and Nagaur Lok Sabha MP, Hanuman Beniwal, on Monday, raised a query in the Lok Sabha regarding GST reforms on personal life insurance and health insurance policies. He said that despite the Union government reducing GST to zero on these insurance products, insurance companies in Rajasthan and several other states have increased base premiums by 8 to 12 per cent.Nagaur MP Beniwal asked the Union government on what concrete action pla…
New Delhi, Jan 7 (IANS) India’s top domestic institutional investors reported a 12 per cent to 20 per cent surge in assets across multiple segments during 2025, underscoring continued local support for equity and debt markets even as foreign investor assets growth softened.Mutual funds led the expansion, with equity assets up 20.6 per cent to Rs 52.25 lakh crore from Rs 43.34 lakh crore a year earlier, and their combined equity and debt assets climbed 23.34 per cent to Rs 73.21 lakh crore from…
New Delhi, Dec 28 (IANS) The Finance Ministry has directed public sector banks and financial institutions, such as insurance companies, to promptly report vigilance-related matters concerning whole-time Directors on their boards.The directive from the Finance Ministry’s Department of Financial Services (DFS) states that omission of any significant information relevant for decisions relating to appointments, promotions, board-level postings, and placement of whole-time Directors is a matter of …