Unit-Linked Insurance Plans, or ULIPs, serve the dual purpose of providing life insurance cover and investment. The idea of investing in ULIPs is to provide long-term investment and a cover to family in case of the unfortunate demise of the insured.

India started the process of liberalising its insurance sector in 1993 with the setting up of the Malhotra committee that recommended opening up the market to private companies. It was, however, only in April 2000 that Insurance Regulatory and Develo

Our markets witnessed correction ahead of the weekly expiry day following negative global cues. The index heavyweights witnessed some selling pressure while the midcaps continued their outperformance. Nifty sneaked below 18500 during the day, but rec

Post a positive opening at the start of the week; the index witnessed some consolidation in a range in last couple of trading sessions. Nifty ended Tuesday’s session above 18600 with marginal gains. Nifty Today: Nifty has been trading in

In India, the foreign exchange market is open from 9.00 a.m. to 5.00 p.m., with cross-currency trading lasting until 7.30 p.m. In India's currency market hours, however, liquidity and unpredictability are not always constant. They differ as a resu

Taking an insurance policy for a motor vehicle is not only a legal requirement in India but it is also a must to safeguard from financial damage in case of any accident or theft. There are mainly two types of coverage under vehicle insurance – thir

Nifty started the week on a positive note amidst positive news over the weekend on the US debt ceiling deal. However, post the gap up opening the index consolidated within a narrow range on Monday and ended around 18600 with gains of over half

This iron and steel company delivered over 184 returns in a year; do you hold it? An investment of Rs 1 lakh in the shares of this company one year ago would have turned to Rs 2.84 lakh today. Rama Steel Tubes Ltd, an S&P

Looking for stocks that could deliver good returns soon? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model. Many participants see a sto

The Indian benchmark indices were trading higher with BSE Metals Index being the top-gaining sector, whereas BSE Oil & Gas Index was the top-losing sectoral index. On Monday, the benchmark indices were trading higher with Sensex up aroun

Nifty started the day on a positive note amidst positive news over the weekend on the US debt ceiling deal. However, post the gap up opening the index consolidated within a narrow range throughout the day and ended around 18600 with gains of over hal

People often have different requirements they need to meet at different stages of life. And India’s mutual fund industry has created a vast range of investment products to help people meet those requirements. These products include schemes that inv