Premier stock exchange Bombay Stock Exchange (BSE) has signed pact with the Bombay Metal Exchange (BME) for the growth and systematic development of commodity derivatives markets in the...
On June 24, the Asian Infrastructure Investment Bank (AIIB) has approved a $200 million equity investment into the National Investment & Infrastructure Fund (NIIF) of India and the...
India will host the 3rd annual meeting of the Asian Infrastructure Investment Bank (AIIB) in Mumbai on June 25-26, 2018. It will be jointly hosted by the Department...
The Insurance Regulatory and Development Authority (IRDAI) has set up a 10-member committee to review norms related to Insurance Marketing Firms (IMF) with an aim to increase insurance...
On June 6, the 6-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) hiked the key policy repo rate by 25 basis points to 6.25%...
In a bid to check loan defaults, the Reserve Bank of India (RBI) has considered the recommendations of YM Deosthalee-headed High Level Task Force and will set up...
The latest report of Moody’s Investors Service has cut India’s GDP growth forecast to 7.3% in 2018 from the previous estimate of 7.5% due to higher oil prices...
The Telangana government has announced a unique life insurance scheme for farmers. Under the scheme, the government will provide life insurance facility of Rs 5 lakh to the...
The Multi Commodity Exchange of India Ltd. (MCX) has launched the India’s first options contract on copper futures on May 21, 2018. The option contract will provide physical...
Claim ratio is calculated as the total value of all claims paid by the company divided by the total amount of premium collected in a financial year. A...
