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Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

BPCL's insurance cost nearly doubles

The deductible/excess under loss of profit cover due to business interruption this year has increased to 45 days from 30...

21 May 2019 2:42 AM IST

The Nifty PSU Bank Index was up 7.88 per cent, BSE Bankex and Nifty Bank indices gained 4.68 per cent and 4.45 per cent, respectively as private banks also rallied.

Short covering in PSU scrips

Analysts said PSU banks looked oversold and there was short covering, with the market sentiment turning positive as the...

21 May 2019 2:34 AM IST

Health insurance is not just another tax-saving header. It is a necessity. If you are without a health cover today, you are taking a risk. A sudden hospitalisation can be potentially worth lakhs of rupees.

Proposal to raise third party premiums

In the case of electric private cars and electric two-wheelers, a discount of 15 per cent has been proposed in the TP...

21 May 2019 2:26 AM IST

Driven by exit poll results, the Sensex rose 1,421 points, or 3.75 per cent to close at 39,352 while the NSE Nifty surged a record 421.10 points, or 3.69 per cent, to settle at 11,828.

Jubilation in market

Prospects of NDA coming back with a larger margin electrifies stock investors.

21 May 2019 2:18 AM IST

Recently, the US warned its allies against using Huawei technology. (Photo: ANI)

It's up to government to take a call on Huawei issue: Trai

Last week, the Donald Trump administration had placed Huawei and its affiliates on a blacklist.

20 May 2019 8:06 PM IST

Former Reserve Bank of India governor Bimal Jalan

Better implementation of reforms by next govt needed to ensure job...

The government, Bimal Jalan said, should also take up administrative reforms that are complicated but essential.

20 May 2019 7:57 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee records biggest gain in 2 months after exit poll results

Forex traders said investors welcomed exit poll results that predicted a thumping majority for the current BJP-led...

20 May 2019 7:43 PM IST

Essar Steel promoters, however, wanted the CoC to consider their offer as it offered maximum value to all stakeholders and cannot be ignored citing some process lacunae.

ArcelorMittal to pay Rs 42K cr for Essar Steel takeover: Co tells...

Senior advocate Harish Salve appearing for ArcelorMittal accused Ruias of creating hurdles in Essar Steel resolution...

20 May 2019 5:18 PM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Investor wealth soars Rs 5.33 lakh cr as exit polls predict return of...

Tracking the sharp uptrend in equities, the market capitalisation of BSE-listed companies jumped by Rs 5,33,463.04...

20 May 2019 4:33 PM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Sensex vaults 1,422 points as exit polls forecast ruling NDA's win

In a similar movement, the broader NSE Nifty soared 421.10 points, or 3.69 per cent, to 11,828.25.

20 May 2019 4:17 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold loses sheen, falls Rs 150 on lacklustre demand

Sentiments weakened on a subdued global trend and fall in demand from local jewellers put pressure on gold, traders...

20 May 2019 3:41 PM IST

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Gold imports rise 54 per cent to USD 3.97 billion in April

After recording a negative growth in imports in February, gold imports started registering double-digit growth.

20 May 2019 3:12 PM IST