In this interview, Kamesh Goyal, chairman, Go Digit Group of Companies, discusses affordability, claims and distribution reform, and why transparent hospital pricing, simpler products and expense rules that reflect the cost of serving retail customers are key to delivering better value.
Mumbai: The country could log 8% growth if global conditions improve and external shocks ease over the next year, Reserve Bank of India (RBI) deputy governor Poonam Gupta said on Tuesday at a media event in the city. Gupta said that India’s growth momentum has remained resilient despite multiple headwinds, including elevated oil prices, deficient…
Mumbai: The Indian rupee on Wednesday negotiated leaping oil prices and an unprecedented yield spike across the globe to remain above 95 to a dollar for the second day running, with traders attributing the local unit’s standout performance to aggressive dollar sales by the central bank. Read more: ICICI Bank raises $17.9 billion through FCNR(B)…
Groww has said direct mutual funds will remain central to its platform and will continue to be free for do-it-yourself investors, responding to confusion around its mutual fund offering after Zerodha founder Nithin Kamath’s recent post on direct plans. The company said direct mutual funds are “the heart of Groww” and that its existing mutual…
Livemint For about a decade, Livemint—News Desk has been a credible source for authentic and timely news, and well-researched analysis on national news, business, personal finance, corporates, politics and geopolitics. We bring the latest updates on all the listed companies on BSE and NSE, startups, mutual funds, Union ministries, geopolitics, and untapped human interest stories…
If the IDCW payout from a single mutual fund house exceeds ₹10,000 in a financial year, initially, tax deduction at source (TDS) at 10% will take place, which will be adjusted when you file your Income-tax Return (ITR). If the PAN is not provided, the TDS rate doubles to 20%. The TDS rate is applied…
SINGAPORE: The yen surged on Tuesday, while Asian markets struggled for direction as a mixed batch of regional economic data and fresh Iranian threats in the Persian Gulf drove oil prices and bond yields higher. Japan’s Nikkei 225 fluctuated between gains and losses before edging up 0.2%, as the yen jumped as much as 0.6%…