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Category: premiums

  • State changes tune on SHA premiums for informal workers, to allow monthly payments

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    Investor Empires

    The Government has temporarily revised its Social Health Authority (SHA) payment policy, to provide relief to informal sector workers who may struggle with lump sum contributions. Non-salaried individuals will now have the option to pay their SHA premiums monthly instead of the previously scheduled annual lump sum. Under the gazetted…

  • Indian importers favour FX options as rupee holds steady, premiums soar By Reuters

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    Investor Empires

    Written by Nimesh Vora and Jasprit Kalra MUMBAI (Reuters) – Indian importers are exploring options strategies to hedge against currency risk amid muted rupee volatility, moving away from outright futures contracts that have become expensive, traders said. Insurance premiums, which reflect the interest rate differential between the US and India,…

  • Rupee dips; forward premiums rise amid near certainty on Fed rate cuts By Reuters

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    Investor Empires

    Written by Nimesh Vora MUMBAI (Reuters) – The Indian rupee fell slightly on Thursday as a rally in peer Asian currencies paused, while futures premiums rose after Federal Reserve minutes and downward revisions to U.S. payrolls pushed it close to two-week lows. The Indian rupee was at 83.9425 per US…