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NEWS
Markets at new highs even as FII buying at par with 2012-13 purchases
Wed, Jun 11, 2014     Source : Financial Express
Although the latest market rally is deemed to be driven by strong buying activity by foreign investors, it is optimism on economic turnaround that is doing the trick.
INSURANCE NEWS
Motor, health insurance drive growth in non-life insurance premium in 2012-13
Mon, Jun 09, 2014     Source : Business Line
The motor insurance and health insurance drove growth in the gross premium underwritten by the non-life insurers during the year 2013-14.
NEWS
Indian banks operating abroad see credit growth increase by 31.7% in 2012-13
Thu, Feb 20, 2014     Source : Business Line
Indian banks operating overseas witnessed higher credit growth compared to their foreign counterparts operating in India, going by Reserve Bank of India’s survey on international trade in banking services.
NEWS
Govt revises down 2012-13 GDP growth to 4.5%:
Sat, Feb 01, 2014     Source : Business Standard
India revised down its economic growth for the fiscal year 2012-13 to 4.5% from 5% earlier, the government data showed on Friday, on lower than provisionally estimated output in farm and manufacturing sect...
INSURANCE NEWS
IRDA fines 12 insurance cos in 2012-13
Mon, Jan 13, 2014     Source : Business Line
IRDA slapped a fine of nearly Rs 5 crore during 2012-13 on 12 insurance companies, including market leaders HDFC Life and ICICI Prudential Life.
MUTUAL FUNDS NEWS
MFs opposed just 1.5% resolutions in 2012-13
Tue, Aug 13, 2013     Source : Business Standard
In 2010, Sebi had mandated all AMCs to disclose their policies, procedures on their websites, annual reports for votes exercised by them in investee companies
MUTUAL FUNDS NEWS
Mutual fund distributors' commission soar by 26% in 2012-13
Fri, Aug 02, 2013     Source : Economic Times
Commission earned by mutual fund distributors surged by 26 per cent to Rs 2,367 crore in 2012-13, driven by improved market conditions, even as their number fell during the year.
NEWS
India’s GDP growth hits decade-low of 5% in 2012-13
Sat, Jun 01, 2013     Source : Mint
Underlying trends revealed in data released by CSO suggest the Indian economy is bottoming out
NEWS
FDI inflows into India contract 38% in 2012-13
Tue, May 28, 2013     Source : Business Standard
Analysts said one year data could not substantiate whether reforms are yielding results or not and one would have to wait little bit longer to assess a trend
MUTUAL FUNDS NEWS
MF industry AUM rises by Rs 1.5 lakh cr in 2012-13
Thu, Apr 04, 2013     Source : Business Line
Improved market sentiments helped mutual funds’ assets under management (AUM) soar by over Rs 1.5 lakh crore to touch Rs 8.2 lakh crore in 2012-13.
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