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'Shocking That PM Gave Investing Advice'

'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.''A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains......

Modi's 'redistribution' charge against Cong gets Pitroda's booster

Prime Minister Narendra Modi on Wednesday seized on Congress leader Sam Pitroda's remarks on inheritance tax to step up the ruling Bharatiya Janata Party's blistering attack on the issue of 'wealth......

This man 'topi pehnau-ed' India: Mahua Moitra on Adani row

Trinamool Congress MP Mahua Moitra on Tuesday launched a stinging attack on the government over the Adani-Hindenburg issue and said the billionaire businessman had 'topi-pehnau-ed (duped)' the......

Cong, govt spar in LS over donations to PM Cares Fund

The Congress and the government traded barbs in Lok Sabha on Monday over donations to the PM Cares Fund, with the opposition party alleging that LIC gave money to the corpus instead of providing......

EXPLAINED: How chit fund scams work

'Around 15 crore poor people have lost their money.' The political stand-off between West Bengal Chief Minister Mamata Banerjee and the Narendra Damodardas Modi government after a Central Bureau......

What RBI's 50 bps rate cut mean for the 'aam aadmi'

'RBI’s stance was changed to ‘neutral’ from ‘accommodative’, signalling that there remains limited room for future rate cuts.' Photograph: Francis Mascarenhas/Reuters The Reserve Bank......

LIC home loans at 7.75%

Following a cut in the interest rates by banks, LIC Housing Finance Ltd on Friday announced a special rate of 7.75 per cent on home loans for all terms.The scheme would be valid for loans with......

NBFCs throng bond mkt to fund festival credit demand

A number of non-banking financial companies (NBFCs) have tapped into the debt capital market ahead of the festival season to meet increasing credit demand as bank funding slows. Illustration:......

LIC Housing or IDBI has to stop home loan biz by Nov 2023

With Life Insurance Corporation (LIC) becoming a parent company of both IDBI Bank and LIC Housing Finance, either of the subsidiaries will have to wind down its home loan business in the next 20......

LIC Housing Finance cuts rates

Public sector insurance firm subsidiary LIC Housing Finance on Tuesday announced a reduction in interest rates for its existing home loan borrowers. The floating interest rates for existing......

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