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Insurance

Health insurance: The government may propose a 12% GST rate, with the goal of enhancing coverage through a reduced rate

PJdesk - 06/05/2024 0

Health insurance news update: To enhance the affordability and appeal of health insurance, the government may propose reducing the GST tax rate to 12% from...

Bank

Citi suggests that the bond buyback indicates a shift in the RBI’s stance towards easing and could potentially transition to a neutral position.

PJdesk - 06/05/2024 0

Bond buyback by RBI India's unanticipated decision to repurchase bonds suggests that the central bank is taking proactive steps to ease liquidity and could potentially...

FinTech

Paytm’s stock drops by 4.5% following the resignation of President & COO Bhavesh Gupta; Attention shifts to Q4 results

PJdesk - 06/05/2024 0

Paytm news update: On May 6, shares of Paytm experienced a decline of more than 4.5% following the announcement of the resignation of its Chief...

NBFC

NBFC update:Ugro Capital Limited has reported a significant 133% surge in net profit, alongside announcing a fund raise totaling Rs 1,332 cr.

PJdesk - 05/05/2024 0

NBFC update: Ugro Capital Limited's shares experienced a rise of 1.04 percent, accompanied by a notable increase in trading volume, surpassing 6.87 times the usual....

Bank

Kotak Mahindra Bank’s Fourth Quarter Results Show a 17.6% Increase in Profit Driven by Higher Other Income.

PJdesk - 05/05/2024 0

Kotak Mahindra Bank's Fourth Quarter Results: Kotak Mahindra Bank Ltd. witnessed a surge in profit during the fourth quarter, surpassing analysts' projections. According to an...

Mutual Funds

Top 5 Hybrid mutual fund

PJdesk - 04/05/2024 0

Top 5 Hybrid Mutual Fund Investments can be broadly classified into three types based on risk – equity (or high-risk) investments, debt (or low-risk) investments,...

FinTech

Bitget reveals a 166% surge in daily crypto traders, signaling a crypto boom in the Middle East

PJdesk - 03/05/2024 0

Crypto Bitget news update Six Middle Eastern countries witnessed a surge in daily active users on centralized crypto exchanges, reaching 300,000. By the same month...

Mutual Funds

Mutual funds in India over a 5-year period slump: The leading fund has yielded a total of Rs 5.51 lakh on a Rs 1...

PJdesk - 03/05/2024 2

Mutual funds in India: Investing in mutual funds can be done through two primary methods: lump sum and systematic investment plan (SIP). With lump sum,...

NBFC

Poonawalla Fincorp achieves its highest-ever profit after tax (PAT) of ₹332 crore in the fourth quarter, driven by robust disbursements.

PJdesk - 03/05/2024 0

Poonawalla Fincorp quarterly results Poonawalla Fincorp recorded its highest-ever quarterly profit of ₹332 crore in Q4 FY24, marking an 84 percent increase year-on-year and a...

Insurance

Health insurance:Survey finds that 43% of policyholders encountered obstacles when trying to obtain claims following treatment

PJdesk - 03/05/2024 0

Health insurance claim hustle: Nearly 40% of patients encountered obstacles in securing their health insurance claims. A survey revealed that 43% of health insurance policyholders,...

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