Author: Rakesh Ranjan

Generally Accepted Accounting Principles (GAAP) are a set of accounting standards, principles, and procedures that organizations in the United States must follow when preparing their financial statements. This framework is essential for ensuring consistency, transparency, and comparability in financial reporting, which is crucial for stakeholders, including investors, regulators, and the general public. In this comprehensive […]

Life insurance is a financial tool designed to provide security and peace of mind to individuals and their families. It offers a safety net that ensures financial stability in the event of the policyholder’s death. This guide delves into the intricacies of life insurance, covering its importance, types, and benefits to help you make informed […]

Understanding the differences between health insurance and life insurance is essential to make informed financial decisions. Both types of insurance serve critical roles in financial planning but cater to distinct needs. Let’s delve deeper into what sets them apart. What is Health Insurance? Health insurance is designed to cover medical expenses, providing financial support during […]

Buying vehicle insurance is a mandatory requirement, whether you own a two wheeler or a four wheeler. This is because the Motor Vehicles Act of 1988 requires all vehicles that operate in public spaces to have an insurance policy. If you’re planning to purchase an insurance policy for your car through Phonepe, this blog will […]

From October 1st onwards, new rules have been introduced in the life insurance industry that offer higher payouts if you exit early. This change is part of updated rules from the Insurance Regulatory and Development Authority of India (IRDAI), first announced in March, with more details given in June. The rules already apply to new […]

The rules governing investments in housing finance companies (HFCs) and non-banking finance companies (NBFCs) have been updated by the Reserve Bank of India (RBI). The RBI has made changes to the guidelines for accepting public deposits in the circular, including those that pertain to nominations, repaying public deposits to cover unexpected costs, notifying depositors when […]

A significant step forward for India’s space aspirations has been achieved by the Indian Space Research Organization (ISRO) with the successful completion of the third and last developmental flight of its Small Satellite Launch Vehicle (SSLV). The Earth Observation Satellite (EOS-08) and the passenger satellite SR-0 DEMOSAT were carried by the SSLV-D3 mission, which properly […]

In order to prevent unintentional data exposure, Sebi has advised that registered investment advisers and research analysts who use artificial intelligence (AI) tools in their services notify customers about the level of utilization.  For customers to make educated decisions regarding their advisory services and to comprehend how AI technologies impact their investing decisions, there must […]

On August 12, 2024, the Central Government named Deepak Sood as a Whole Time Member (Non-Life) of the Insurance Regulatory and Development Authority of India (IRDAI). At present, Sood holds the positions of Non-Executive Director at Gimar Insurance Brokers and Independent Director at Prudent Corporate Advisory Services Limited. He will have the position of Whole […]

Hindenburg Research in a post on X on 11th August said “Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch’s response to our report includes several important admissions and raises numerous new critical questions.” Hindenburg Research stated that SEBI was tasked with investigating investment funds relating to the Adani matter, which would include […]