The Insurance Regulatory and Development Authority of India (Irdai) is encouraging insurance companies, especially those operating for over a decade, to go public. By engaging with senior executives, Irdai aims to enhance corporate governance and unlock greater value through public listings.
Posts in category Economic Times
Financial stability could weigh more than macro signals (06-10-2024)
The Reserve Bank of India faces a triple challenge: geopolitical uncertainty in the Middle East, inflation driven by fluctuating farm output, and softening economic growth. As the Monetary Policy Committee convenes, the focus is on liquidity and deposit crunches rather than merely interest rates.
ET Poll: RBI may hit pause button on interest rates again (06-10-2024)
The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 6.50% due to concerns over sustained inflation and geopolitical tensions in West Asia. The central bank may also shift its monetary policy stance to neutral, reflecting tolerance for surplus liquidity in the banking system.
AIFs, govt in talks over ‘carry income’ tax (06-10-2024)
The Indian government seeks insights from the private equity and venture capital sector on global tax practices for fund managers’ carried interest as it examines the imposition of GST on such earnings. A recent Supreme Court decision helps facilitate ongoing discussions about aligning with international tax norms.
IPO investors need to widen horizon beyond listing gains (06-10-2024)
Retail investors are increasingly drawn to IPOs for strong listing gains, but nearly half of companies listed since 2020 have struggled to retain those gains. Despite market volatility, many have managed positive returns over time, with more than half achieving 50% or higher returns and a third seeing triple-digit gains.
Market Trading Guide: 2 stock recommendations for Monday (06-10-2024)
Rupak De, Senior Technical Analyst at LKP Securities, noted that the Nifty faced continued bearish pressure for the second day, with sustained trading below key levels prompting a correction toward 25,000. He emphasized that market sentiment has significantly weakened, with higher levels becoming selling zones. The next support level is anticipated at 24,750, while resistance is seen at 25,300.
Ahead of Market: 10 things that will decide D-Street action on Monday (06-10-2024)
Indian benchmark equity indices, the Sensex and Nifty, experienced their fifth consecutive decline on Friday, recording their worst weekly performance in over two years. Escalating tensions in the Middle East and rising foreign outflows contributed to investor unease. The Nifty 50 index fell 0.93% to 25,014, while the S&P BSE Sensex decreased by 0.98% to 81,688.
China-focused hedge funds post explosive September returns (06-10-2024)
Goldman Sachs estimates China-focused hedge funds had best weekly performance on record By Summer Zhen HONG KONG, – Some China-focused hedge funds are reporting explosive returns in September, thanks to a sharp rebound in Chinese stocks driven by Beijing’s aggressive stimulus package.
Samvardhana Motherson, BASF India among 5 stocks that are near the buy point. Do you own any? (06-10-2024)
Samvardhana Motherson International has reported operating revenue of Rs 1,05,097 crore on a trailing 12-month basis
Learn with ETMarkets: Understanding the difference between passive and active investing (06-10-2024)
Passive investing is a strategy that involves tracking a market index, like the Nifty or Sensex, to gain broad exposure to established companies