PROPERTY INSURANCE

Indian financiers’ debt lures buyers on widest spread since 2020

Investors are wary of funding strains affecting the rapid economic growth in India, despite enticing opportunities in shadow lender bonds. The concern lies in the widening spreads and the potential hurdles that could impede the country's impressive growth trajectory.

Up to Rs 10 lakh relief in train accident: How a 45 paisa IRCTC travel insurance can be a huge help for your family in case of death or disability

IRCTC travel insurance: Do you know that IRCTC offers an optional travel insurance policy at just 45 paisa premium per passenger. This policy offers coverage up to Rs 10 lakh in cases of death and permanent disability. God forbid if you perish in a train accident, atleast your family will get the required financial assistance.

Go Digit stock likely to face pressure amid elevated combined ratio

After gaining over 24% within three weeks since listing on bourses on May 23, the stock of Go Digit General Insurance has remained range bound following weak performance in the March quarter, which was declared on June 11.

Jefferies' Wood picks GMR Airports, reduces weights in three banks

Wood said, in his weekly Greed & Fear newsletter, that the airport operator's introduction into its portfolio will be at the expense of the reduction of weights in ICICI Bank, HDFC Bank and Axis Bank.

Should you buy a house now or rent it? Key factors that will help you to decide

While property market dynamics play a big role in effecting this decision, equally important is your personal financial situation and lifestage. There are other factors to consider. If you are thinking of buying a house, here the key things you need to check.

These largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 20%

As the street grapples with what will be the final come out of elections, the street is witnessing two things, unwinding of the long position which were taken after the exit poll showed a comfortable win for ruling BJP and also fresh short position being created. Whatever may be the final outcome, it would be better to stick to the basic principle of investing, that is looking at fundamentals and developments in the sector and only when things are positive on both the front then only go ahead and take a decision. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.

I received Rs 70 lakh after retirement. Where should I invest this amount for good return?

Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.

Which city in India has the highest rental yield

Net rental yield: If, however, you subtract maintenance expenses, property taxes, home insurance premium, etc, it will give you net rental yield. This gives a more realistic idea of the return you can expect from your property.

What rental yield is and how it is calculated

If you are confused by personal finance terms, jargon or calculations, here’s a new series to simplify and deconstruct these for you. In the first part, ET Wealth explains what rental yield is and how it is calculated.

Government initiates parametric & hydroelectric insurance pools for enhanced disaster protection

The government, led by GIC chairman Ramaswamy Narayanan, is developing parametric and hydroelectric insurance pools to enhance disaster protection. Parametric coverage will pay claims based on predefined triggers like earthquakes, while the hydroelectric pool will insure losses to power projects due to natural disasters. These schemes draw inspiration from the successful post-2004 terrorism insurance pool. The government plans to prioritize these initiatives after the elections. Details like whether the coverage will be at the state or district level are still being finalized.

GIC, Xander buy Allianz-Shapoorji Pallonji JV’s Hyderabad IT SEZ WaveRock for Rs 2,200 cr

In May 2023, ET first reported that global insurance and asset management major Allianz Group and Shapoorji Pallonji Group were looking to exit the IT Special Economic Zone (SEZ) property and that GIC had emerged as the frontrunner to acquire the 2.4-million-sq-ft asset.

Berkshire reveals $6.72 billion Chubb stake, insurer's shares rise

Berkshire owned 25.92 million Chubb shares as of March 31, according to a regulatory filing detailing Berkshire's U.S.-listed holdings as of that date.

Digit Insurance IPO's retail portion fully subscribed; key highlights of the offering

The retail portion of Digit Insurance's IPO was fully subscribed at 1.45pm. The company had reserved 9.6 million shares for retail investors in the issue that opened on Wednesday. The Rs 2,615-crore IPO comprises a fresh issue of Rs 1,125 crore and an offer for sale component of up to 54.7 million shares.

Blackstone in talks to acquire Adani Realty’s BKC office tower for Rs 2,000 cr

Blackstone Group is finalizing the acquisition of Adani Realty's Inspire BKC in Mumbai's Bandra-Kurla Complex. The deal is set at Rs 1,800-2,000 crore for the 800,000 sq ft tower, with various prominent companies as occupants.

Edelweiss Alternatives acquires IT park in Bengaluru for over Rs 1,500 cr

Edelweiss Alternatives acquired a 1.1-million-sq-ft IT park in Bengaluru from MFAR Developers, marking the largest buyout of office towers this year within Embassy Manyata. Subahoo Chordia manages the Rental Yield Plus Fund.

Dubai Crown Prince approves series of initiatives to mitigate impact of severe weather in Dubai

Sheikh Hamdan approved a series of initiatives and measures to urgently mitigate the impact of the severe weather in Dubai, which were formulated at a recent meeting he held with heads of government entities.

Bullish Momentum: 5 stocks with White Marubozu Pattern on April 5

F&O stocks: Godrej Properties, ICICI Lombard General Insurance among 5 stocks with long buildup

Some additional checks would help traders in taking better trading decisions as they increase the probability of a follow-up of the upward movement in the stock price.

How Married Women’s Property (MWP) Act protects financial future of woman using life insurance policies even when nominations fail

What is the Married Women's Property (MWP) Act, of 1874? How can it empower women when it comes to purchasing insurance policies? It is a prudent choice for all those who want to secure their family's financial future and safeguard their assets from probable legal complications. How can you buy it? Who should opt for it? Here's all you need to know.

ET Explainer: How title insurance can help change realty landscape

Title insurance benefits homebuyers with clear ownership and lenders with secure investments. It potentially lowers interest rates and improves access to financing. Investors also benefit from reduced risk exposure in Indian real estate.

Muddy Waters shorts Canada's Fairfax Financial, alleges asset value manipulation

Fairfax currently has a short interest of 0.65% of free float worth C$203.81 million ($151.36 million), with short sellers having made over C$21 million in paper profits so far today, according to data from Ortex.

Chinese shares jump as state investment fund pledges to expand share holdings to aid sagging markets

A Chinese state investment fund promised to expand its purchases of stock index funds, signaling Beijing's resolve to stabilize markets that have been sagging under heavy selling pressure from a property crisis and slowing economy.

Everything you need to know about the Draft Indian Stamp Bill, 2023

The Centre has released a draft of the proposed Indian Stamp Bill, 2023, to replace the outdated India Stamp Act, 1899. The draft bill introduces provisions for digital e-stamping and aims to modernize the stamp duty regime. It proposes changes such as incorporating digital signatures, a framework for digital records, and an expanded definition of financial instruments.