Don’t rush into buying a policy

Before signing on the dotted line, know what your plan gives you. Erroneous buying of insurance policies — whether you are misled by the seller or managed it on your very own by being less than diligent —leads to hardship. You have paid for some perceived protection and find it […]

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Aluminium sector says coal stocks critically low

Industry seeks 25-30 rakes a day With coal stocks running ‘critically low’, the aluminium industry has sought urgent government intervention to address the precarious situation and earmark at least 25-30 coal rakes per day for sustainable industry operations. In a letter dated January 28 to Coal Secretary Anil Kumar Jain, […]

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UBS Group To Buy Wealthfront For $1.4 Bln

UBS Group AG (UBS) on Wednesday said it has agreed to buy Wealthfront, an automated wealth management provider, in an all-cash transaction valued at $1.4 billion. UBS said this deal will accelerate its growth ambitions in the US, broaden the firm’s reach among affluent investors and expand its distribution and […]

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ICICI Bank Q3 profit rises 25% to ₹6,194 cr.

Remain optimistic about economy: ED ICICI Bank Ltd. said third-quarter standalone net profit rose 25% from a year earlier to ₹6,194 crore, on account of overall improvement in net interest margin, fee income, core operating profit and a 27% reduction in provisions for bad loans. This was the highest-ever quarterly […]

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China’s economy grows 8.1% to $18 tn

Fastest expansion since 2011 was driven by exports, consumption; slump in birth rate clouds outlook China’s economy grew 8.1% in 2021 and reached the $18 trillion mark, although slowing growth in the last quarter and the lowest birth rate since 1949 emerged as concerns for policymakers. Last year’s expansion was […]

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