The best gift for your children isn't a house—it's optionality
Real estate may offer stability, but liquid financial assets give the next generation the flexibility to adapt to changing life goals.
Real estate may offer stability, but liquid financial assets give the next generation the flexibility to adapt to changing life goals.
Mumbai: In a first, IRDAI has proposed clawing back commissions from insurers in cases of mis-selling, while making individual sales staff more accountable by tagging their identity to policies sold and placing information on mis-selling incidents in the public domain. The regulator has proposed banning incentives to bank and NBFC employees linked to insurance sales…
India’s artificial intelligence sector is creating fresh wealth and attracting attention from ordinary investors. The M3M Hurun India Rich List 2026 includes 19 people from the artificial intelligence sector. Their combined wealth stands at ₹3.07 lakh crore, with 15 joining this year. This amount represents personal wealth, rather than investment flowing into the sector. Sridhar…
The Securities and Exchange Board of India (SEBI) has proposed easing the KYC process for individual Persons Resident Outside India (PROIs), potentially allowing eligible Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs) and foreign nationals to complete digital onboarding for India’s securities market while remaining overseas. The proposal seeks to remove a key hurdle in…
Shares of Power Finance Corporation (PFC) and REC fell up to 3% on the BSE on Thursday, after domestic brokerage firm Morgan Stanley downgraded the stocks from Overweight to Equal-Weight. The brokerage also cut its target price for PFC to Rs 410 from Rs 510, while its target for REC was lowered to Rs 360…
Shares of CEAT sharply plunged more than 9% on Friday after the tyre-maker reported a whopping 96% year-on-year (YoY) decline in its consolidated net profit to Rs 4 crore for the April-June quarter of FY27. The shares of the company plunged to Rs 3,471.10 apiece on NSE on Friday. If the stock manages to hold…
India’s portfolio management industry could be on the cusp of a significant expansion following SEBI’s latest changes to the PMS framework. The introduction of the Portfolio Management Services Investment Route, or PRIM, broadens the investment universe for portfolio managers while lowering the entry point to ₹25 lakh. Vikas Khemani, Chairman of the Association of Portfolio…