As announced in the budget, the RBI has liberalised banks ability to raise long-term funds without SLR and CRR requirements. But retail investors
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.
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 />
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
Overseas investors can now buy up to 74 per cent of Bharti Airtel's paid up capital, the Reserve Bank of India said.
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 India scrip were trading at Rs 1,175.15 during the afternoon trade, down 0.06 per cent on the BSE.<br />
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
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 />
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.
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.
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
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 />
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.
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.
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.
However, the total limit of $30 billion available for foreign investments in government securities has not been tinkered with.
SBI shares today closed almost flat at Rs 1,595.95 on the BSE.
Last week RBI decided to completely withdraw from circulation all bank notes after 31 March.
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.
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 />
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 />
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.
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 />
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.
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.
From a purely amoral and economic point of view quantitative easing is not working. The problem lies elsewhere in fiscal, tax and regulatory policy.