Money News - Page 14

RBI clears long-term funding for infra, affordable housing. Will retail investors bite?

RBI clears long-term funding for infra, affordable housing. Will retail investors bite?

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As announced in the budget, the RBI has liberalised banks ability to raise long-term funds without SLR and CRR requirements. But retail investors

Own a small business? Here's how you can make an estate plan that works

Own a small business? Here's how you can make an estate plan that works

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If there is no Will written by the owner, probability of dispute among family members is higher. This could involve legal procedures where cost and time are a big issue. The biggest drawback of legal battles is that the assets become public.

Rakesh Jhunjhunwala buys 2% stake in MCX for over Rs 66 cr

Rakesh Jhunjhunwala buys 2% stake in MCX for over Rs 66 cr

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Ace investor Rakesh Jhunjhunwala on Tuesday purchased a nearly 2 per cent stake in Multi Commodity Exchange (MCX) for over Rs 66 crore, as its erstwhile promoter Financial Technologies India Ltd (FTIL) diluted its holding from 26 percent to 24 percent.<br />

Settling debts: Riding on bull market, India Inc hopes to raise $5 bn through share sales

Settling debts: Riding on bull market, India Inc hopes to raise $5 bn through share sales

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Leading the equity issuances in the private sector are highly leveraged firms such as GVK Power & Infrastructure Ltd , Adani Enterprises Ltd and others in capital intensive industries

RBI allows overseas investors to buy up to 74% of Bharti Airtel's paid up capital

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Overseas investors can now buy up to 74 per cent of Bharti Airtel's paid up capital, the Reserve Bank of India said.

Rs 16 lakh cr: That's how much investor wealth rose by in Q1 FY15

Rs 16 lakh cr: That's how much investor wealth rose by in Q1 FY15

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Investor wealth soared by Rs 16,04,394 crore on the back of stock market rally to reach Rs 90,19,394 crore today. It was Rs 74,15,000 crore as on March 31, 2014.<br />

Havells to split shares, says it's awaiting approval from board

Havells to split shares, says it's awaiting approval from board

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Havells India scrip were trading at Rs 1,175.15 during the afternoon trade, down 0.06 per cent on the BSE.<br />

Monsoon and markets: Sensex will continue its upward journey despite bad news

Monsoon and markets: Sensex will continue its upward journey despite bad news

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Historical evidence prove that the impact of a drought-like situation on the markets may not be as deep as it has been made out to be

Sebi reforms: PSUs to have 25% public holding in 3 yrs, offer for sale norms relaxed

Sebi reforms: PSUs to have 25% public holding in 3 yrs, offer for sale norms relaxed

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Another proposal approved by the board today included easing of the Offer For Sale (OFS) norms wherein retail investors would be provided with 10 percent reservation and sellers of shares may also give discounts to retail investors.<br />

Here's why you should never mix insurance with investments

Here's why you should never mix insurance with investments

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Every aspect associated with assuming return on insurance is incorrect. Of course, there is enough misleading information out there, that make many believe that insurance is actually an investment.

Dalal Street is partying over NaMo win. Check out what's happening to 'Modi' stocks

Dalal Street is partying over NaMo win. Check out what's happening to 'Modi' stocks

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The Sensex, which surpassed 25K on Friday and closed at a new closing peak, has gained a solid 14 per cent this calendar year but shares of companies like Modison Metals and Modi Rubber have not made any fantastic gains.

Market is not looking at Budget 2014 but next government for gains

Market is not looking at Budget 2014 but next government for gains

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The Sensex and Nifty could go back to record highs on expectations of NDA led government at the center while bond yields are likely to stay ranged given worries of borrowing for next year and fiscal year end liquidity conditions

Live: Soon a demat account to keep all asset details, says FM

Live: Soon a demat account to keep all asset details, says FM

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Interim budget for 2014-2015, which the government will unveil later today, will set the tone for the stock markets in near-term. Besides, global cues, movement of rupee and investment pattern of foreign institutional investors (FIIs) will also be important for the domestic indices.<br /><br />

SBI raises over Rs 7,000 cr in share sale via QIP

SBI raises over Rs 7,000 cr in share sale via QIP

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Today, the SBI counters closed almost flat at Rs 1,519 on the NSE, down 2.5 percent, which is 40 per cent below its 52-week high.

Centre may allow 100% FDI in high speed train systems

Centre may allow 100% FDI in high speed train systems

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DIPP has reasoned that there was an urgent need to modernise, strengthen and expand the Indian railway network which would require very large capital investment.

Markets fall further, Sensex dips 200 points as Fed cuts stimulus

Markets fall further, Sensex dips 200 points as Fed cuts stimulus

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The Indian equity markets continued to fall further in mid-morning trade, marking their lowest intraday level since November 27 on risk-off mood in emerging markets.

Investment sub-limit for foreign fund in govt papers hiked

Investment sub-limit for foreign fund in govt papers hiked

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However, the total limit of $30 billion available for foreign investments in government securities has not been tinkered with.

SBI share sale via QIP opens

SBI share sale via QIP opens

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SBI shares today closed almost flat at Rs 1,595.95 on the BSE.

Pre-2005 notes valid for commercial transaction till March: RBI

Pre-2005 notes valid for commercial transaction till March: RBI

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Last week RBI decided to completely withdraw from circulation all bank notes after 31 March.

IT dept to issue new PAN cards for Rs 105

IT dept to issue new PAN cards for Rs 105

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CBDT has notified that individuals or others wanting PAN will have to furnish copies of proof of identity, address and date of birth attached with their application forms and they will be checked against their original documents.

Sensex falls after 'surprise' RBI hike, banks lead decline

Sensex falls after 'surprise' RBI hike, banks lead decline

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Indian shares fell, with the Sensex and the Nifty down 0.4 percent each after being up slightly before the decision. Banks led declines, with ICICI Bank Ltd down 2.1 percent.<br /><br />

Rupee crosses 63, Sensex cautious after yesterday's massive sell-off

Rupee crosses 63, Sensex cautious after yesterday's massive sell-off

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Investors world over are just coming to terms with the slowdown in China, weak emerging market currencies, high deficit in Japan and the worries on the impact of Fed tapering.<br /><br />

Why  emerging markets are still prone to financial contagion

Why emerging markets are still prone to financial contagion

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With the Fed scaling back the programme, that flow is reversing and the currencies of countries with the biggest economic and political problems - notably Argentina and Turkey - are diving.

Education loan writeoff looks smarter than farm loan waiver of 2008

Education loan writeoff looks smarter than farm loan waiver of 2008

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So while the finance minister's decision on moratorium will be a big relief for students who cannot afford to repay, a blanket moratorium will also let willful defaulters off the hook. <br />

Disastrous foreign float: Essar's takeover plan of UK unit may hit investors

Disastrous foreign float: Essar's takeover plan of UK unit may hit investors

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Indian conglomerate Essar's plans of a cheap buy-back of its British unit have been criticised here as a blow to the reputation of the London stock market.

Is India under threat of a real estate bubble burst?

Is India under threat of a real estate bubble burst?

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Banks have direct and indirect exposure to real estate. When the bubble bursts, they are left holding worthless piece of collateral. Banks fail leaving depositors in the lurch and the whole financial system collapses if the government and central bank do not step in and bail them out.

Be bullish on Indian markets but keep an eye for exit signs

Be bullish on Indian markets but keep an eye for exit signs

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From a purely amoral and economic point of view quantitative easing is not working. The problem lies elsewhere in fiscal, tax and regulatory policy.