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An exchange traded fund comprising banks and insurance PSUs is on the finance ministry’s menu, bouyed by the success of its other ETFs. “We are toying with the idea of combining some state-owned b...

Elections — and their results — make investment portfolios volatile. On May 3, the Sensex was 38963. Only 10 days later, it had slid to 37090. As the exit polls signalled the return of the incumbe...

A lot of people have great ideas and brilliant minds. But the world of business is ruthless and doesn’t show any mercy to the unprepared. Discovering the painful details of running a business too la...

The coal ministry has streamlined the process of preparing a mining plan and its approval for faster clearances. Efforts are also on to make the application process online.The rejig, which will cut th...

Unit-linked insurance plans (Ulip) have been in the spotlight for years and usually for the wrong reasons. High commission structure for agents, mis-selling and high cost structure have primarily been...

Economists and investors are increasingly showing that they have little or no confidence in India’s official economic data, presenting whoever is elected as the next Prime Minister with an immediate...

“What you haven’t done by 30, you’re not likely to do. What you have done, you’ll do lots more” — John UpdikeUpdike is spot on, especially from the point of view of wealth creation, f...

IDFC First Bank on Friday said it will raise a fresh equity capital of Rs 2,000 crore from investors, including its promoter and a Warburg Pincus firm. The decision was taken on Friday at the meeting ...

Dewan Housing Finance Ltd (DHFL) has submitted a draft resolution plan to its lenders that proposes a moratorium on repayments and fresh funding along with assurances to the creditors that they would...