The bonus issue of GAIL India - a big name in the industry committed to reducing carbon emissions and enforcing renewable projects - was in the news. The company proceeded with bonus shares in the ratio of 1:2. Airtel equity (1.9%) changed hands through multiple block deals. Oil prices declined as the demand slumped in China, the top crude importer. The interest rate may also be hiked further to curb inflation. Above news were made headlines in the 1st week of September 2022. Such news … [Read more...]
Why is Cashless Facility Essential For Two Wheelers Insurance Policy
India is among the highest ranked countries in terms of two-wheelers on road. As two-wheelers are affordable and preferred especially by middle-class, the demand for bikes and scooters is always high. However, higher number of two-wheelers on the road does impact the road infrastructure as well as the traffic in cities. As more people migrate to cities and purchase two-wheelers, it increases the traffic density by a lot, which in turn increases the number of accidents caused to two-wheelers … [Read more...]
Why Does Not Motor Insurance Cover Consequential Damages?
Ever noticed how documents and advertisements related to insurance and other financial tools come with an asterisk mark? This asterisk holds extremely important information that should not be missed out. Generally, an asterisk is used to divert your attention to the footnote stating the exception, exclusion, or condition. Even motor insurance comes with similar conditions. When you buy vehicle insurance, you are expected to thoroughly read inclusions and exclusions. If you do, you would find … [Read more...]
Are Natural Calamities Covered Under Bike Insurance
Natural disasters can strike anywhere and anytime and cause great damage to your belongings. This includes damage to one of your most valuable asset, your bike. For this reason, it is important to insure the vehicle with the right automobile insurance policy. But does your bike insurance cover natural disasters? Here is a detailed answer to that question: Does Traffic Insurance Cover Natural Disasters? Fortunately, it is. A bike insurance policy can protect you from hurricanes, floods, … [Read more...]
A deep dive into option delta
Futures and options trading may seem complex but can be beneficial when done strategically. Before you can start to undertake F&O trading, it’s important to know about the metrics you can look at to correctly assess these derivative contracts. When it comes to options trading, there are a set of risk assessment metrics that are called the Option Greeks. They are named so because these metrics are named after the letters in the Greek alphabet and are delta, gamma, theta, and vega. In this … [Read more...]
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