Demat Account

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

Sebi move to converge commodity, stock trading good for investors but needs more safeguards

It is for Sebi to consider if it would be kosher for a broker to offer softer brokerage rates to those opting for combo services as opposed to either commodity or stock services.

BSE plans to launch trading in govt bonds in demat form

Last month, BSE had introduced an 'overnight liquid fund' product on its mutual fund platform, BSE STAR MF.

Did you know? Student insurance policy covers medical and travel

Students going abroad for higher studies should have health and travel cover to meet university requirements. A student policy covers your travel to and from the foreign location where you plan to study as well as all medical exigencies there.

PSU stocks: Go electronic now! or be ready to get junked

All stocks in the 'trashbin' segment can only be traded in cash and there are restrictions on intra-day trading. That will lead to an evaporation of liquidity in the stock, not to mention a lowering of investor perception about the stock.