In an interview with Mint, Narendra Bharindwal, president of the Insurance Brokers Association of India (IBAI), discusses what the reforms mean for brokers, whether they can curb mis-selling, the implementation challenges ahead, and how the role of insurance intermediaries is evolving in an increasingly digital market.
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NRIs buying or selling property in India must take note of some of the compliance pitfalls before signing a deal. From TDS to repatriation limits and FEMA rules, we have listed some tips that NRIs should be mindful of while closing a contract as uninformed decisions can lock up money for months or even attract…
Most investors feel safest when they move with the crowd. They buy stocks after prices have surged because everyone else is buying, and panic-sell when markets tumble because everyone else is rushing for the exit. But according to renowned investor and psychologist Fred C. Kelly, this instinct is precisely why the majority of investors fail….
Mumbai: India added more than 2.5 million demat accounts in June driven by recovery in the markets, marking the biggest additions since February, as key indices Nifty 50 and Sensex advanced 1.35 and 2.3%, respectively, in this period. As of June-end, the Central Depository Services (India) or CDSL reported it has nearly 186 million investor…
Mumbai: India’s investor map is undergoing a significant shift, with the country’s traditionally dominant western region steadily losing share to the north, as retail participation broadened across states, even where stocks have not been a popular investment avenue. North India, which overtook the West to become the largest contributor to the country’s registered investor base…
Shares of Patanjali Foods crashed 20% to hit a fresh 52-week low on Wednesday, with the stock nearly halving in value from the high hit in July last year. The stock fell to a 52-week low of Rs 328.20 on the NSE, prompting the company to issue a clarification. Patanjali Foods said there were no…