Banking And Finance
India notifies 100% foreign investment in insurance sector, LIC limit stays at 20%
The central government on Saturday notified 100% Foreign Direct Investment () in companies under the automatic route, allowing greater participation from foreign investors, reported ET Now, citing agencies. () will…
Tax-saving FDs vs regular FDs: Interest rates, lock-in and tax benefits compared
Fixed deposits (FDs) remain a popular investment choice for investors seeking stable and predictable returns. As of May 2026, major banks in India are offering interest rates of up to…
Mandatory but delayed: Why third-party motor insurance claims take years to settle
Third-party motor insurance is meant to pay for the damage caused in road accidents. In practice, that payment is taking years to come through, with lakhs of claims stuck in…
Axis Bank opens its first digital locker-focussed branch
New Delhi, Private sector lender on Saturday inaugurated its first digital locker- focussed branch here. The new branch marks a step in the bank’s effort to reimagine secure banking by…
Market
Exit polls may lift markets briefly, but oil remains key risk for equities
Indian equity markets may get a short-lived sentiment boost from signs of political continuity emerging from the recent State election exit polls, even as global oil prices and domestic macro…
FPIs pull out ₹13,944 crore in holiday-shortened week, equities hit hardest
Foreign portfolio investors (FPIs) remained net sellers in Indian markets for the shortened trading week ending April 30, 2026, pulling out a total of ₹13,944.59 crore across equity, debt, hybrid,…
Specialised investment funds see rapid growth, attract beyond top 30 cities
The Specialised Investment Fund, introduced recently by the market regulator SEBI for sophisticated investors, is fast catching on, with 50 per cent participation from smaller cities (beyond the top 30).…
Bajaj Finance vs Jio Financial Services: Which stock to buy after Q4 results 2026?
Bajaj Finance vs Jio Financial Services: After the announcement of Q4 results 2026, investors are confused whether to buy Jio Financial Services shares or Bajaj Finance shares. The reason for…
Market
Air India CEO search narrows to Singapore Air exec Kannan and insider Aggarwal, sources say
NEW DELHI, May 2 (Reuters) – Singapore Airlines executive Vinod Kannan and Air India’s commercial head Nipun Aggarwal are the two frontrunners to become the new CEO of Air India,…
TVS Motor records 7% YOY growth in sales in April, flags supply chain disruptions
Auto maker , recorded monthly sales of 473,970 units in April 2026 – a growth of seven per cent as against 443,716 units in the same month last year. TVS,…
“Preparing to move fast”, says Adani Power as it lines up land & SPVs for nuclear projects
Adani Power Ltd, India’s largest private sector thermal power producer with an installed capacity of over 18 GW, is building an early-stage but deliberate pipeline in nuclear energy—focusing on land…
Coal India’s production for April falls 9.7%, offtake declines 2%
Coal behemoth Coal India’s total coal production for April witnessed a 9.7 per cent year-on-year fall at 56.1 million tonnes (mt) compared with 62.1 mt for the same period last…
Axis
