It is often noticed that car owners often do not know what is covered and what is not covered by their car insurance policy, so when the insurance company rejects their claim fully or partially, these owners are disappointed not knowing why the insurance company did not pay up what they had expected. There are many reasons why an insurance company summarily rejects the claim or pays up only partial amount of damage.

If you are a salaried taxpayer and you were unable to file your Income Tax Return (ITR) on or before the extended deadline of August 31 due to some reason, you have no reason to worry. You still have enough time to file your ITR on or before December 31, 2018, or latest by March 31, 2019. However, if you are a businessman or an independent professional and if your accounts are subject to tax audit, then you can file your ITR on or before September 30, 2018.

The interest rates in India are rising, if the two consecutive repo rate hikes of 25 basis points (bps) each by the Reserve Bank of India (RBI) in the preceding two quarters are any indication. There is a likelihood of another rate hike of 25 bps in the next policy review meeting of the RBI.

All life and health insurance policies come with the statutorily mandatory free look-in period of 15 days. The free look-in period provides the policyholder sufficient time to go through the policy document carefully.

US corners larger share of open-ended assets globally, in relation to its GDP

Domestic MF industry AUM crossed the milestone of Rs 25 lakh crore in the month of August 2018 on the back of higher inflows in liquid and money market segment.  

The stock of Motherson Sumi Systems was buzzing on the bourses on Friday as the company's board considers issuing bonus share.

According to Investment Company Institute (ICI) at the end of the first quarter of 2018, worldwide, AUM of the open-ended scheme has increased by 1.5 per cent to US$ 50.01 trillion. 

The shares of Caplin Point surged 4 per cent intraday after the company received no observations from the US drug regulator for its Gummudipoondi unit.

The stocks that are likely to witness significant movement on the bourses on September 10 are Tata Motors, Ashok Buildcon, Maruti Suzuki, Tech Mahindra and Ashok Leyland.