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Madhusudan Sahoo
About the AuthorMadhusudan Sahoo
With over 25 years of experience, I've extensively covered policy-related business developments and stories in the finance and economy domains, with a focus on corporates. His career has seen him working with various mainstream media organizations at different levels in Mumbai, Chandigarh, and Delhi.
    Consumption Fund from ICICI Prudential Mutual FundBusiness
    Consumption Fund from ICICI Prudential Mutual Fund

    The minimum application amount for the NFO is Rs 5,000.

    28 March 2019 1:03 AM IST

    Huge inventories vex Karnataka iron ore minersLifestyle
    Huge inventories vex Karnataka iron ore miners

    According to a source, steel mills are buying expensive imported ore to beat down iron ore prices in the medium-term.

    27 March 2019 1:30 AM IST

    New modes of lending, fund raising on cardsNation
    New modes of lending, fund raising on cards

    Das further said the RBI has granted licences and permitted seven purely digital loan companies (NBFCs) to commence...

    26 March 2019 2:26 AM IST

    LIC top posts may stay vacantBusiness
    LIC top posts may stay vacant

    With the Lok Sabha elections nearing, it is, however, expected that no new appointments will be made in the near future.

    26 March 2019 12:47 AM IST

    SBI hopeful of Jet Airways resolution this monthBusiness
    SBI hopeful of Jet Airways resolution this month

    Lenders keen to bring in credible management.

    23 March 2019 12:41 AM IST

    New Goa government keen to resume miningNation
    New Goa government keen to resume mining

    We think the mining resumption will happen before the new government forms at Centre this year, says the source.

    20 March 2019 1:24 AM IST

    Asset allocation key to wealth generationBusiness
    Asset allocation key to wealth generation

    Among different classes, according to MFI Explorer, debt and hybrid funds have displayed steady growth ever since 2003.

    19 March 2019 12:51 AM IST

    IDBI Bank would get huge amount of low-cost deposits of the policy holder and it can also cross-sale products of LIC. (Photo: Financial chronicle)Business
    LIC forces IDBI Bank staff to buy insurance policies

    When contacted, a senior official of LIC declined to comment on the matter.

    7 March 2019 12:25 AM IST

    The new effective rate of 1 per cent will be charged on the entire value of an affordable property instead of 12 per cent on two-thirds of its value.Business
    Builders may pass on input tax to buyers

    Affordable home prices may be raised by 2-3 per cent.

    5 March 2019 12:26 AM IST

    A total amount of more than Rs 2,000 crore have already been released to more than one crore farmers families across the country in the first lot of installments in the first phase.Nation
    Farmers may get Rs 2,000 more before elections

    Centre says EC bars don't apply to existing schemes.

    2 March 2019 1:08 AM IST

    According to the revised Indian Assured Lives Mortality Table 2012-14, conducted by the Institute of Actuaries of India (IAI), mortality rates among the insured, for those aged between 22 and 50 years, fell 4 per cent-to-16 per cent in 2012-14 from 2006-08.Nation
    Life insurance to cost less as mortality rate declines

    Industry experts feel that the persons in the 22-50 year age group could see a reduction in term-cover premiums from...

    1 March 2019 1:29 AM IST

    Between February 22 and February 26, Sebi declared four commodity broking subsidiaries of leading NBFCs India Infoline, Motilal Oswal, Anand Rathi and Geojit Financial Services as not fit and proper for the commodity derivative business.Business
    Sebi's not fit and proper' norm applies to all 300

    The Sebi order, however, considers NSEL's conduct so heinous that any association with it makes one not fit and proper.

    28 Feb 2019 12:56 AM IST

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