Indian lenders worried over Future group's diminishing asset base

The Indian lenders are worried over the fast depleting asset base of the Future group companies which would make their recovery of dues difficult. Photograph: Niharika Kulkarni/Reuters The asset......

Experts applaud FM's 4% fiscal deficit target

Finance Minister Arun Jaitley said the country will stick to the fiscal deficit target of 4.1 per cent of gross domestic product (GDP) set by the previous government for the year ending March 2015.......

Increase FDI limits in insurance from 26% to 49%

Deepak Sood, MD & CEO, Future Generali India Life Insurance Co, says:i) Encourage domestic savings by providing tax incentives for investment in insurance and pension schemesii) Increase in present......

Insurers bet big on 'shopassurance'

After developing bancassurance channels, which banks use to sell insurance products, the latest buzzword among insurance companies is "shopassurance" - selling insurance through supermarkets and......