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SBI Life IPO subscribed 9% on Day 1

The initial share sale offer of SBI Life Insurance Company was subscribed 9% on the first day of the three-day bidding on Wednesday, stock exchanges data showed. The Rs 8,400 crore initial public offer (IPO) received bids for 83,67,555 shares against the total issue size of 8,82,00,000 shares, data available with the NSE showed. The category reserved for qualified institutional buyers (QIBs) was subscribed 6%, non-institutional investors 1% and retail investors 16%. The IPO received over 1.6 lakh applications on the first day, investment banking sources said. SBI Life Insurance…

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Do you tend to put on weight during holidays? Worry not, we have the best solution

For many, the best part of a vacation is to experience delicious meals and soak in the local flavours. However, all this gluttony can impact your health and show up on your waistline. Here are some easy tips to keep in mind while eating out during your vacation. We spoke to Dr Manoj Kuteri, wellness director at Atmantan Wellness Centre at Mulshi, near Pune, Maharashtra, and he says meal planning is the key. 1) Carry your own snacks. Avoid the temptation of snacking at airports as you are more likely to pick…

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On A Weight Loss Spree? These 7 Breakfast Options May Prove Effective

You may have heard several nutritionists and health experts talking about how breakfast is the most important meal of the day, and skipping it could be the biggest blunder. Turns out that skipping breakfast not only hampers your weight loss goals, but it might just result in piling on more weight. At the same time, it isn’t just enough to have your breakfast. The food you pick can affect the inches around your tummy too. Let us explain how. Bangalore-based nutritionist Dr. Anju Sood says, “Breakfast is the most important meal of the…

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Men, take note: A sedentary lifestyle may lead you to binge on high-fat food

A study has recently found that males with a sedentary lifestyle preferred a high-fat diet over other diets. The results showed that sedentary male rats preferred the high-fat diet over the other diets. “Our team wanted to make every effort to study female perspectives on how exercise affects diet, because most other studies neglect females,” said a study author Jenna Lee from University of Missouri-Columbia. “We wanted to take a look at what drives diet preference and if environmental factors, such as physical activity, play a role in how males and females eat,”…

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Raghuram Rajan: Demonetisation put new interest burden on RBI as people found ways to convert black money

The failure to stop dodgy cash coming back into the banking system after demonetisation has likely burdened the Reserve Bank of India with additional interest payments running into tens of thousands of crores, former governor of the central bank Raghuram Rajan said Thursday. Latest Reserve Bank of India data shows that all but 1% of the high-value bank notes demonetised on November 8 last year have returned to the banking system, meaning black money hoarders found ways to legitimise their cash that now earns interest. Rajan estimates this burden could be as…

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Stay healthy on a budget. Here are five inexpensive superfoods for you

There’s more to superfoods than kale and chia seeds. And not all superfoods require you to spend a lot of money. Nutritionists suggest natural superfoods to ensure you stay in good health. * Turmeric: An excellent anti-inflammatory, turmeric can be used to relieve aching joints and tendinitis. It also activates serotonin, the ‘good mood’ hormone. According to a 2014 Australian study published in the Journal of Clinical Nutrition, a gram of turmeric every morning can improve the memory power of people at risk from age-related cognitive decline. The powdered root can be sprinkled on…

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