Canara HSBC Life Q2 profit rises 5% YoY to Rs 43 crore

Canara HSBC Life Insurance Company’s September quarter has marked a significant growth, with a 5 percent rise in net profit, totaling Rs 43 crore from Rs 41 crore last year. This quarter also saw total income climb to Rs 2,511 crore, a rise in net premium collections reaching Rs 2,553 crore, and an increase in […]

RBI to conduct Rs 25,000 cr OMO sale auction of government securities on Oct 13

On October 13, the Reserve Bank of India plans to auction government securities valued at Rs 25,000 crore. This operation will present six distinct securities, each with maturities ranging between 2030 and 2034. The central bank will determine the accepted amounts and may opt for lower bids. At present, the banking sector holds a surplus […]

RBI to sell $2.6 bln of bonds, tighten bank reserve need to squeeze cash

The Reserve Bank of India is set to initiate bond sales to better regulate liquidity within the banking system. As of October 16, banks will face a stricter cash reserve ratio requirement, further enhancing liquidity oversight. This follows the RBI’s first key policy rate hike in almost four years, hinting at possible future increases.

Brent commands a war premium as Middle East supply risks keep oil on edge

Brent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For India, prolonged price strength, higher shipping costs and a stronger US dollar could raise the oil import bill and intensify pressure on domestic fuel prices.

Market crash ahead? Warren Buffett’s guide to navigate through bear attacks

Warren Buffett’s investing principles offer a guide to navigating market crashes and bear markets. From avoiding panic-driven decisions and distinguishing investing from gambling to protecting capital and staying patient, the legendary investor emphasises discipline, rational thinking and risk management over speculation and attempts to time the market.

Explained: How mutual fund SIPs harness the power of compounding to build wealth

Compounding can help mutual fund investors build long-term wealth by generating returns on accumulated gains. Through regular SIP investments, even small contributions can grow significantly over time. An example of a Rs 10,000 monthly SIP over 20 years shows how starting early, staying consistent and remaining invested can boost wealth creation.

RBI tightens forex derivative rules: What changes for hedging, cancelled trades

The RBI has tightened rules for rupee-linked foreign exchange derivatives, restricting the rebooking of cancelled contracts and cutting the threshold for transactions without establishing underlying exposure to $5 million from $100 million. It has also mandated additional checks for hedging activities and introduced a 20% cash reserve requirement for certain transactions.