Top Indian Insurance Industry News & Updates - 04 July 2023,Tuesday
🏭 Industry
📝 Supreme Court admits IRDA plea against SAT stay on Sahara Insurance transfer order
📝 New laws to usher in insurance reforms
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🗎 General Insurance
📝 How will insurance play a role in the adoption of EVs in India?
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🗎 Health Insurance
📝 Medical insurance premiums surge by 10-25% due to rising costs, increased demand
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🏦 SEBI
📝 Sebi asks empanelled law firm to return most briefs given to it
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🗎 Mutual Funds / AMCs
📝 How to rebalance your mutual fund portfolio? Radhika Gupta shares 8 takeaways
📝 Edelweiss AMC announces merger of Edelweiss ETF- Nifty Bank with Edelweiss Nifty Large Midcap 250 Index Fund
📝 Large cap mutual funds offer 7% in Jan-June; topper gives 11%
📝 MFs in favour of category-wise TER slabs
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 Holiday home ownership platform Equity Address in talks to raise $2.5 million
📝 FPIs pump over Rs 1 lakh crore into equities in April-June, take markets to new peaks
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🗎 Govt Securities / Bonds
📝 Edelweiss Financial Services to raise funds via non-convertible debentures
📝 Benchmark yield rises, pushing up borrowing costs
📝 Indian bond yields to edge higher, heavy state debt supply hurts
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