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national insurance awareness day

Life Insurance Literacy: IRDAI launches comic book series to simplify life insurance for consumers

The initiative has been launched as part of National Insurance Awareness Day Insurance Regulatory and Development Authority of India (IRDAI) chairman Ajay Seth on Saturday unveiled a consumer awareness comic book series aimed at improving life insurance literacy and simplifying key insurance concepts for the public.The initiative, launched as part of National Insurance Awareness Day,...
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Wall Street adapts to new era of Federal Reserve communications

F/m Investments’ Washington, D.C., office is just a short drive from the Federal Reserve‘s headquarters. But under the central bank’s new leadership, CEO Alexander Morris has found the distance feeling far greater. Fed Chairman Kevin Warsh embarked on an overhaul of the central bank’s forward-looking communication since taking the post in May. That move sounded...

ITR filing: Sold shares, property or crypto this year? Here’s what you must know before filing your income tax return

The first step in capital gains taxation is to identify the asset sold and determine whether the resulting gains are taxable. (Image source: Magnific) Many individual taxpayers view filing an Income Tax Return (ITR) as a straightforward task—declaring salary income, updating investment details and paying any balance tax. However, capital gains can turn an otherwise...
world39s 10 biggest smartphone companies

Smartphone sales decline 10% in Q1, biggest in 3 years

NEW DELHI: India’s smartphone shipments (sales) declined 10% year-on-year in the June quarter, the sharpest quarterly decline in three years since the January-March period of 2023. The impact was most severe in the mass-market segment, where sales of smartphones priced below Rs 15,000 plunged 45% from a year earlier. The sharp slowdown hurt Chinese smartphone...
sebi

‘Front-running patterns seen in PMS by Sebi’s AI tools’

CHENNAI: Market regulator Sebi on Friday said it has extensively deployed artifcial intelligence capabilities, with these tools generating a growing number of actionable alerts. These alerts have helped uncover patterns indicating recent instances of front-running in the portfolio management services (PMS) industry.“Recently, we have noticed our AI generating enough alerts, and over a period of...
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Sensex soars 965 pts as Q1 results lift mood on Dalaal-Street

MUMBAI: Benchmark indices ended higher on Friday, with the sensex climbing 965 points and Nifty reaching the 24,330 level, propelled by buying in blue-chip Reliance Industries, bank and IT stocks.Additionally, a strengthening rupee against the US dollar improved sentiment, even as the broader market remained predominantly negative due to weak global cues, traders said.“There is...
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