daily news: our picks

There is intense speculation among banking experts whether the war between Rana Kapoor and the family of co-founder late Ashok Kapoor would escalate and create a vacuum at top. Well, the fact is that Reserve Bank of India (RBI) has adequate powers to keep the warring factions at bay and...
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Do you plan to join the 25 million Indians who travelled abroad in 2017, with the number expected to go up to 50 million by 2020, and will you be securing your risks and liabilities by taking all risks travel insurance – voluntarily, by choice or because the destination countries insist on...
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Market regulator Securities and Exchange Board of India (SEBI), in order to bring transparency in the expenses of mutual funds, said all commissions and expenses must be paid from the scheme only.   The SEBI board, on Tuesday, accepted several recommendations made by the working group...
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The recent political storm over Vijay Mallya is unlikely to abate soon. But going after Mr Mallya alone would be a classic case of missing the wood for the trees.   One striking element continues to elude everyone’s attention. Could Mr Mallya or anyone else allegedly pull off such a...
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The recent ratings downgrades by several agencies of commercial papers of Infrastructure Leasing & Financial Services (IL&FS) and IL&FS Financial Services Ltd has hit hard several mutual fund houses due to their exposures in crores of rupees in these papers.    Among those hit are:...
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