Investing News - Page 2

Falling inflation, GDP pain: Why RBI will have to give in to growth lobby sooner than later
Pick up in factory output and slowing inflation augurs well for the economy and, if sustains, can support the revival in GDP growth

Mutual funds investments not affected after reintroduction of LTCG tax on capital gains, says AMFI
AMFI says all financial products should have same tax treatment and that mutual fund industry was trying to keep everything on level playing field

Citibank, J.P.Morgan and Bank of America bar use of credit cards for buying bitcoins, other cryptocurrencies
Reserve Bank of India (RBI), country’s banking ombudsman, has also flagged off certain risks associated with the use of virtual or crytpocurrencies

Asia stocks pummelled by new Wall Street slide, safe havens in demand; are markets staring at fresh crash?
US stocks began to wobble last Friday after a healthy US labour market report sparked a spike in bond yields

Arun Jaitley does a UPA vs NDA: FM says LTCG tax required in present situation, markets crashed on global cues
Arun Jaitley said the downslide in the bourses was not caused by the reintroduction of LTCG and attributed negative global cues

RBI monetary policy review: Three reasons why MPC chose to hold repo rate at 6% on Wednesday
RBI considered first advance estimate for GVA growth that central statistics office (CSO) revised down to 6.1 percent for 2017-18

RBI guv Urjit Patel's take on LTCG tax: 'Multiple taxes on capital impact investments and savings'
Urjit Patel said there is sizable scope for the investment to GDP ratio to improve and pointed out to increasing capacity utilisation levels

Farmers body calls Union Budget 2018 anti-farmer, pro-corporate; alleges govt manipulated input cost figures
Farmers leaders said BJP had forgot its poll promise of 1.5 times return of input cost since it had come to power in 2014.

Indian Railways data shows poll-bound BJP ruled states saw highest rise in rail budget allocation
Figures from Indian Railways highlight how most states have gained after the NDA came to power in 2014

I-T dept receives 15-20 lakh PAN applications per week; takes few hours to two weeks to issue the document
Allotment of PAN is being carried out by tax department through two service providers, NSDL e-Gov and UTIITSL, which collect and process applications

Bitcoin investments under I-T dept's radar; CBDT sends out notices, says profits from crypto currency trading taxable
Finance Minister Arun Jaitley said in his Budget speech earlier this month that all crypto currencies, which include bitcoins, are illegal

Sensex, Nifty crash on sixth consecutive day; here are old new investment lessons from ongoing carnage at markets
Between 29 January and 6 February, 2018, BSE Sensex fell by around 5.8 percent and wiped out one-third of gains in first nine months of FY18

Budgets are good case studies to explain how political business cycle operates with public support
Incentive to corporate sector, selling of public utilities and privatisation in Union Budget 2018 is justified for public needs i.e. capital for development.

RBI may opt for status quo for third time since Aug as MPC set to take a call on repo rate on 7 Feb
In its December review, RBI had kept the benchmark interest rate unchanged on fears of rising inflation

Investors lose Rs 4.95-lakh cr wealth on 'Terrifying Tuesday' as markets crash; all sectoral indices bleed
Domestic brokerage firm Angel Broking in a report on Tuesday said that a fall in Indian markets is likely amid sell off in global indices

Hasmukh Adhia alleys investors' fears, says LTCG tax not causing sell-off at markets; blames global slump
Hasmukh Adhia, who is also Revenue Secretary, said income of government from Securities Transaction Tax (STT) is a paltry Rs 9,000 cr

Budget 2018: Why mutual fund investments continue to remain attractive saving option despite return of LTCG tax
Report says despite re-introduction of LTCG tax, investments made in equity related mutual funds still remained profitable.

Budget 2018: Govt revising fiscal deficit target to 3.5% won't impact overall economic growth, says Moody's
Moody's says medium-term target to reduce central govt debt-to-GDP ratio to 40 percent is supportive of sovereign credit profile

Budget 2018: LTCG from equities can't run for cover not even take shelter under NHAI bonds
Arun Jaitley feels need for humoring stock market by taxing STCG and LTCG there from at concessional rates of 15 percent and 10 percent respectively.

Budget 2018: Creating newer education vistas through technology in rural areas big message from Arun Jaitley
For years, Indian rural landscape has been bogged by issues like poverty, lack of learning infrastructure, lack of gender parity etc

Budget 2018: DEA secretary says govt will try to convince Fitch, S&P, other rating agencies on fiscal path
Moody's on Thursday said fiscal deficit projection of 3.3 percent for FY19 is in line with its forecast and the target will be achieved.

Budget 2018: Reduction in corporate tax, long term gains tax will make investments in SME stocks lucrative
The value of these companies or SMEs will increase as the future earnings projections will go up because of the reduced tax

Budget 2018: Sensex crashes 800 points, Nifty below 10,800; Fitch says high debt burden constrains rating upgrade
The flagship Sensex nosedived by 766.09 points to quote at 35,080 points in pre-close session with all the sectoral indices trading in the negative zone

Budget 2018: Sensex slumps over 500 points, Nifty trades lower at 10,827 as long term capital gains tax returns
According to market observers, heavy selling pressure in consumer durables, banking, capital goods, auto and metals stocks added to downward trajectory of indices.

Budget 2018: FM Arun Jaitley reduces corporate tax rate to 25% for Rs 250 cr turnover
Lowering of corporate tax is in tune with Arun Jaitley's promise in 2015-16 Budget.

Budget 2018: Govt breaches fiscal deficit target of 3.2% for FY18, pegs it higher at 3.5%: Arun Jaitley
The fiscal deficit target has been fixed at 3.3 percent for 2018-19 as against Fiscal Responsibility and Budget Management Act target of 3 percent

Arun Jaitley has tough task to choose between populism and fiscal prudence in Union Budget 2018
In Union Budget, small businesses may get some sops to ease pain caused to them due to chaotic rollout of GST and demonetisation

Union Budget 2018: Narendra Modi govt must tame fiscal deficit to retain investors' faith in Asia's 3rd largest economy
Since Narendra Modi took power in May 2014, benchmark 10-year bond yields have fallen 135 bps and NSE share index has surged 55 percent

Economic Survey 2018: Make in India 2.0 to focus on 10 champion sectors to spur manufacturing, job creation
Make in India programme was launched on 25 September, 2014 with an aim to make India a global hub for manufacturing

India has great expectations from govt’s economic reforms but data shows not all of them are being met
The common man doesn’t know much about government's big ticket economic reforms but knows, for sure, their grocery bill is impacting their kitchen needs