plans Archives - Pinfaves

Govt plans to increase overseas investment limit in insurance to 74%

December 11, 2019December 11, 2019 Loknath Dasgovt, In, Increase, Insurance, investment, limit, Overseas, plans, to

With an aim to attract long-term investment from overseas, the Indian government is planning to increase the Foreign Direct Investment (FDI) limit for insurance firms to 74% from the current 49% in the upcoming Union Budget. The Insurance Regulatory and Development Authority of India (IRDAI) is seeking inputs from the industry on government instructions and a report is expected to be submitted soon, said an ET report quoting a source aware of the development. On December 2, IRDAI in a letter to insurance firms had sought the opinion of stakeholders to increase…

Jio Fiber Plans Announced, Know all about JioFiber Welcome Offer and Plans – Bronze, Silver, Gold, Diamond, Platinum, Titanium

September 6, 2019September 6, 2019 Loknath Das-, About, All, and, Announced, Bronze, Diamond, Fiber, Gold, Jio, JioFiber, Know, Offer, plans, Platinum, Silver, Welcome

Jio Fiber Plan Announced: The much awaited Jio Fiber Plans have been announced for the Reliance Industries Broadband Internet Service. Mukesh Ambani led RIL rolled out Jio GigaFiber Services on 5th September and announced a host of customer-centric broadband plans. JioFiber Home Broadband Services has been launched with a base Bronze Plan which can be awaited at Rs 699 per month for 100 Mbps speed internet connection. On the other hand, the most expensive and premium JioFiber Plan has been named Titanium and offers 1 GBPS lightening internet speed with an…

Kashmir on edge: Most tourists cancel travel plans, airlines cap flight ticket prices

August 6, 2019August 6, 2019 Loknath DasAirlines, cancel, cap, Edge, Flight, Kashmir, Most, On, plans, Ticket, Tourists, travel

The turmoil in Kashmir has not only cut short the travel plans of pilgrims and tourists currently visiting the state, but also thrown a spanner into upcoming travel plans for the long Independence Day weekend. According to Tourism Kashmir Director Nissar Wani, about 20,000-22,000 tourists were in Kashmir on Friday when the Jammu and Kashmir (J&K) administration issued an advisory asking Amarnath Yatris to cut short their pilgrimage and all tourists to leave Kashmir Valley at the earliest, citing terror threats. As per reports, only a little over 1600 tourists…

Investment for child: Birla MF Bal Bhavishya NFO – Is it amongst the best plans for children related investment?

January 22, 2019 Loknath Dasamongst, Bal, Best, Bhavishya, Birla, Child, Children, for, investment, Is, It, MF, NFO, plans, related, The, –

There aren’t many MF schemes targeting needs such as arranging down payment for a home loan, children education and marriage needs or one’s own retirement. When it comes to investments for child, most parents are in a fix and unable to find a dedicated investment for meeting financial goals of the children. However, for specific goals, such as child education, it helps to earmark the funds towards it and not run the risk of making a premature exit before the goal is met. Mutual funds that are child-focused schemes may…

India plans to cut oil imports from Iran, say officials

June 28, 2018 Loknath DasCut, From, imports, India, Iran, officials, Oil, plans, Say, to

India is looking at slashing oil imports from Iran, and replacing them with more purchases from Saudi Arabia and Kuwait after US re-imposed sanctions on the Persian Gulf nation, government and industry officials said on Thursday. While a final view on US asking India and China to cut Iranian oil imports has not yet been taken, the petroleum ministry has asked refiners to tread cautiously and start looking at alternatives, they said. Bringing down imports to zero, as desired by the US, may however not be feasible, officials said. The…

Coinshares Group Plans to Launch New Crypto-Investment Funds

February 2, 2018 Loknath DasCoinshares, Crypto-Investment, Funds, group:, Launch, New, plans, to

This week the firm Coinshares Group has announced two new investment vehicles tethered to cryptocurrencies. Coinshares was the first organization to launch publicly traded bitcoin and ethereum-based exchange-traded-notes (ETN), and the firm’s new funds will offer retail investors more “familiar channels” to invest in the growing digital asset economy. Two New Coinshares Crypto-Investment Funds: The ‘Active’ and ‘Large Cap’ Coinshares is well-known for it’s Bitcoin Tracker One ETN listed on Nasdaq OMX. Coinshares Group is a well-known company that offers two globally traded ETNs based on the decentralized cryptocurrencies bitcoin (Bitcoin…