Investing News - Page 3

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

Fiscal deficit may be slightly higher than target of 3.2% of GDP as per earlier projection: Niti Aayog vice-chairman
The government aims to contain the fiscal deficit for 2017-18 to 3.2 percent of the GDP, and 3 percent in 2018-19

RBI may hold repo rate in Feb as growth picks up, inflation on upward move, says Arvind Subramanian
Retail inflation, based on Consumer Price Index (CPI) was 4.88 percent in November and in December 2015 it was 3.41 percent

Rising NPAs cut banks' lending to real estate sector to 17% in 2016 from 68% in 2013: Economic Survey
Economic Survey says PE funds and financial institutions such as pension funds and sovereign wealth funds have replaced banks as largest source of real estate sector

Economic Survey says India needs $ 4.5 trn to build infrastructure by 2040; can garner $3.9 trn funds itself
Economic Survey attributes collapse of Public Private Partnership as reason for massive underinvestment in the infrastructure sector

Sensex off record highs, still up 76 points at 34,580 in late morning; TCS, Bharti Airtel and Wipro stocks fall
Profit booking in IT, tech and telecom counters pulled the benchmark Sensex back from record high level

Did you know: You can withdraw EPF money for medical treatment
Sadly, the amount you are permitted to withdraw isn't too large.

RBI to issue new Rs 5 and Rs 10 coins
Reserve Bank said that the existing Rs 5 and Rs 10 coins shall continue to be legal tender even after the issue of new coins

As 31 March nears, here's a last minute tax saving guide for current year
To help you make an informed decision and make your financial live easy, we bring you today a last minute tax saving guide.

BSE launches futures on S&P BSE SENSEX 50 index to help investors diversify their portfolio
The index is designed to measure the performance of the top 50 largest and liquid stocks in the exchange's Large Mid Cap by float-adjusted market capitalisation.

3,870 bank frauds worth Rs 17,750 cr in just 9 months: Don't panic, here are a few tips to save yourself
As many as 450 staff were also involved in the frauds. Shocking, right?

Insurance sector growing faster than Indian economy: Regulator
this growth was taking place amidst major disruption in the business environment brought about by technology, and the industry needed to keep up with these changes to sustain its growth.

Pension regulator now allows transfer from EPF to NPS
As the rules, a member looking to transfer funds from EPF to NPS must have an active NPS Tier-I account, which can be opened either through the employer where NPS is implemented or online through eNPS on the NPS Trust website.

Banks now charge you for almost all services; here's how to beat them
Here are a few things you could do to avoid being charged by your bank

Now companies to have single form for EPFO and state insurer ESIC
The government is planning to introduce this common registration form soon.