Cover Financial News
31.07 / 18:23
31.07 / 17:19
UPS
SENSEX
show
cover
Holdings
Retail holdings in listed firms clock new record in June qtr
NEW DELHI : The aggregate holdings of retail investors in stocks listed on the National Stock Exchange rose to a record high of ₹22.1 trillion as of June 2023, a Mint analysis of data sourced from primeinfobase.com showed. The analysis covered 1,910 companies that had retail shareholders as of 30 June 2023 and whose latest data is available. The value of retail holdings in these companies has risen nearly 15% since 31 March, while it has jumped 23% from a year ago.
31.07 / 16:39
COST
Provident
Allianz
cover
Can a co-owner also claim house insurance?
In August 2003, I purchased a home jointly with my wife. However, I am the sole contributor to the amount paid for the flat. Additionally, I have taken a home insurance policy from Bajaj Allianz, where I am the proposer, providing coverage for the market value of the home in case of complete destruction due to a natural calamity. In the event of such a tragedy, will the insurance claim amount be paid entirely to me, the proposer, or will it be split equally between me and my wife? —Name withheld on request An important insurance principle is that only those that have an insurable interest in the property can be paid an insurance claim.
31.07 / 16:39
COST
Provident
CEO
Pool
performer
cover
Small-Business Lending Is About to Change, With Simpler Requirements
The federal program for small-business lending is undergoing its biggest makeover in decades. The Small Business Administration is simplifying loan requirements, automating more of the process and expanding the pool of nonbank lenders licensed to issue SBA loans. The moves, many of which take effect Aug.
31.07 / 15:53
ETF
CEO
performer
track
cover
Takeover
LIC Mutual Fund completes takeover of IDBI MF schemes
LIC Mutual Fund has completed the takeover of schemes of IDBI Mutual Fund. The effective date of merger was July 29. The move is in line with LIC's mission to strengthen and diversify its product offerings, expand its footprint and grow its assets under management (AUM) to emerge as a leading MF house in the country.LIC MF had an AUM of Rs 18,400 crore and IDBI MF had Rs 3,650 crore as of June.
31.07 / 15:53
BLOCK
cover
hospital
Peerless Group to invest Rs 1,000 cr in capex; focuses on hospital, realty
Peerless Group on Monday announced ambitious plans to invest over Rs 1,000 crore in capital expenditure over the next three years, a major portion of which will be channelled into the development of hospital and real estate projects. In the financial year 2022-23, the Peerless Group reported a revenue of Rs 635 crore from operations. This notable increase of 22 per cent over the previous fiscal's revenue of Rs 520 crore has been seen as a successful outcome of the company's transformation efforts undertaken last year, the company said.
31.07 / 15:49
COST
Provident
star
cover
Michigan court affirms critical benefits for thousands badly hurt in car wrecks
The Michigan Supreme Court is out with a decision that provides critical relief for thousands of people who were badly injured in car wrecks
31.07 / 15:45
Citizens
SEC
Platform
Instagram
Rolex
cover
social
SEC sues entrepreneur over $1 billion in unregistered crypto sales and multi-million-dollar fraud
The Securities and Exchange Commission on Monday filed charges against a U.S. citizen who it alleged raised more than $1 billion through the unregistered offer and sale of crypto securities before pilfering millions to fuel a high-status lifestyle and the acquisition of luxury goods, including the largest black diamond in the world.
31.07 / 15:03
Provident
MET
Strategy
cover
exclusive
AIM
alternative investments
AIM Summit is the Leading Conference on Alternative Investments
all having their needs met, the content being presented can transcend the commercialized offerings of profit focused conferences. With profitability out of the way as a measure of success, AIM Summit measures instead the caliber of the attendees who have joined, with quality valued over quantity. A bigger conference doesn't necessarily mean it's a better conference - exclusivity ensures that the best people attend, and that those who attend make meaningful connections.
31.07 / 15:03
UPS
Provident
stage
country
cover
After heavy showers in July, IMD predicts below normal rainfall in August
India is expected to see below normal rainfall in August after witnessing excess showers in July, and normal precipitation in the second half of the June-September monsoon season, the India Meteorological Department said on Monday. Below normal rainfall raises concerns over yield of kharif crops, especially pulses. Lower yields and production may affect overall agriculture growth and rural demand recovery, and cause inflation.
31.07 / 14:13
ETF
CEO
country
cover
LIC Mutual Fund completes merger of IDBI Mutual Fund schemes
LIC Mutual Fund (LIC MF) on Monday said it has completed the takeover of schemes of IDBI Mutual Fund. The move is in line with LIC MF’s aim to strengthen and diversify its product offerings, expand footprint and grow its assets under management (AUM) to emerge as a leading fund house in the country, according to a statement. The merger is effective from July 29. As of June 2023, LIC MF had an AUM of Rs 18,400 crore, while IDBI MF had Rs 3,650 crore.
31.07 / 14:13
31.07 / 14:09
COST
UPS
Provident
cover
A Comprehensive Guide To Health Insurance Terminologies And Benefits
health insurance is to allow the policyholders to access adequate and quality healthcare services as well as provide financial protection. Let’s now concentrate on some of the common health insurance terminologies. Understanding these common terminologies will help policyholders to make informed decisions about healthcare coverage.
31.07 / 13:19
Cooper
Citizens
Aware
country
cover
social
Insurance protection extension system for GCC nationals: 10 things to know
General Pension and Social Security Authority (GPSSA) of the UAE has launched a unified campaign aimed at raising awareness on the insurance protection extension system for registered GCC or Gulf Cooperation Council nationals employed in the UAE. GCC is an economic alliance of six Gulf countries — Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, and UAE.
31.07 / 12:53
FIVE
Manufacturing
Assurant
Strategy
Align
stage
cover
foreign
NOT
IMF packages, foreign bailouts will not suffice to keep Pakistan economy afloat: Report
IMF agreement has prevented Pakistan from going into default, at least temporarily, it has also set off a vicious cycle that has happened a few dozen times before in the nation's history, reported The Diplomat. Saudi Arabia made a USD 2 billion deposit into the State Bank of Pakistan (SBP) after the IMF agreement, and the UAE had already committed to making a USD 1 billion contribution.
31.07 / 12:27
UPS
Citi
Provident
Manufacturing
country
cover
social
Mexico's 'super peso' puts squeeze on US remittances
By Lizbeth Diaz and Noe Torres
31.07 / 12:11
UPS
Lowe's
CEO
NIFTY
cover
Tech View: Call writers run for cover as Nifty ends above 19,750. What traders should do on Tuesday
Nifty on Monday resumed the uptrend after a two-day fall and ended about 108 points higher above the 19,750 mark to form a green candle with a minor lower shadow on the daily chart. After forming a series of higher highs and higher lows over the last 2 months, Nifty seems to have formed minor degrees of lower highs and lower lows in the last 4-5 sessions amidst range movement. This pattern could be reflecting ongoing consolidation in the market.
31.07 / 11:45
COST
cover
Indian
market volatility
Indian sugar mills poised for stable profits despite market volatility: Crisil Ratings
Crisil Ratings on Monday projected a promising outlook for Indian sugar mills, with expectations of steady operating profitability for integrated mills amid market fluctuations. In a report, the agency said that key contributing factors include a surge in domestic sugar prices and rising sales of ethanol.
31.07 / 10:25
COST
IPO
band
cover
Shri Techtex IPO Allotment: GMP, how to check allotment status
Also Read: Jana Small Finance Bank IPO: Lender files papers with SEBI for ₹575-crore issue Shri Techtex IPO share will get listed on the NSE SME on Monday, August 7. If you applied for the shares, here's how you can check allotment status of Shri Techtex IPO. If you have applied for the Shri Techtex IPO, you can check your Shri Techtex IPO allotment status immediately on the website of the IPO registrar, Link Intime India Private Ltd.
31.07 / 09:13
Amazon
Waters
Mobile
FLEX
Samsung
cover
Grab
Amazon Great Freedom Festival Sale 2023: Grab Deals on Latest Launches in Smartphones
These smartphones offer an unquestionable quality in terms of features, battery, and camera setup. If you have been considering buying a new mobile phone for a very long time, then Amazon Sale 2023 is the time to change that and get the latest technology delivered to your doorsteps.
31.07 / 06:55
Provident
Extreme
Strategy
Align
band
cover
Hedging currency risk across various market scenarios
However, in the modern era of Quant and AI, we have access to tools that can provide us with a comprehensive understanding and a more objective perspective. Having a model that encompasses all the significant variables and offers a relative assessment can be extremely beneficial. In order to counteract biases and make more well-informed decisions, we conceived the idea of developing a barometer that captures the underlying momentum in USD-INR.
what you should know about cover
What is cover and why is it gaining attention?
Cover is a significant category that is in the spotlight. On our site, we regularly publish updates related to this subject.
Where can I find the latest updates on cover?
All new posts about cover can be found in the highlighted block. We publish information in a timely manner.
How can I verify the accuracy of information on cover?
We use verified data to ensure that the information about cover is well-supported and valuable for our readers.