What is ULIP? How is it different from…

ETMutulFunds.com receives several messages from our readers on our Facebook page everyday. At least a few of them are related to ULIPs or Unit Linked Insurance Plans. Surprisingly, most of these ULIP owners believe they…

P&L and balance sheet: Which one to look…

By DK AggarwalBalance sheet and profit and loss (P&L) statement are two of the three financial statements companies issue regularly. These statements provide an ongoing record of a company’s financial health and are used by…

Banks to install contactless ATMs to cut down…

MUMBAI: With reduced hand contact becoming the norm in the wake of the coronavirus pandemic, banks are set to deploy contactless ATMs. A prototype has been developed by payments company AGS Transact Technologies, which uses…

Ongoing correction can be a good entry point…

By Chirag MehtaMay turned out to be yet another eventful month for gold markets. Investors digested the conflicting news of economies opening up for business, and rising tensions between the US and China. Apprehensions surrounding…

RIL gets its seventh cheque for Jio Platforms,…

Mumbai: Mukesh Ambani-led Reliance Industries said late on Friday it has received a seventh investment in its Jio Platforms in the last six weeks, this time again from US private equity firm Silver Lake Partners.…

Major markets in Asia Pacific jump as much…

A man looks at an electronic quotation board displaying stock prices of the Tokyo Stock Exchange in Tokyo on May 26, 2020.KAZUHIRO NOGI | AFP via Getty ImagesMajor markets in Asia Pacific have bounced back strongly…