Money News - Page 24
'Sebi is killing us': How UK Sinha is cracking down on new funds
The market regulator is wielding an unprecedented level of control over how mutual funds operate, delaying new launches and dictating investment strategy, frustrated insiders in the embattled industry say.<br /><br />
Sensex in red, Coal India falls 3% on CCI fine
Indian markets opened in red this morning on subdued global cues. <br /><br />
India exported 12 lakh tonnes of sugar in 2012-13: Thomas
Thomas said the decision to allow free exports of sugar was taken keeping in view the stock position and domestic demand.
Sensex snaps 3-day rally to end in red as investors book profits
Shares that rallied on Monday turned into leading decliners on Tuesday. ICICI Bank fell 3.6 percent, while Larsen and Toubro lost 4.1 percent.<br /><br />
Sebi did not use Sahara money for own expenses: Meena
Sebi charged Sahara with having raised funds through "various illegalities" and restrained them in November 2010 from mobilising further funds.
CPI-linked inflation bonds may fall between two stools
The new CPI-linked government bonds will satisfy neither the average saver nor the high-net-worth individual.
Strive for a 12-18 month clean track record in credit reports: Experian
A credit report is the banking system's perception about an individual and so it is important to scrutinise it for any errors and keep it up to date with information, said Mohan Jayaraman, Managing Director, Experian Credit Bureau.
Live: Sensex in red after yesterday's dream run, rupee falls below 61
MSCI's broadest index of Asia-Pacific shares outside Japan was slightly higher, though trading was cautious ahead of next week's US Federal Reserve meeting.<br /><br />
Twitter shares soar over 9 percent as revenue prospects brighten
Twitter shares soared more than 9 percent on Monday to their highest level since the company's initial public offering after a spate of product announcements that could boost its revenue prospects.
Indian shares hit record high riding on big BJP victories
The BSE index gained as much as 2.3 percent to a record high of 21,483.74 points, while the NSE index rose as much as 2.5 percent to an all-time high of 6,415.25, surpassing its previous peak hit on January 2008.
Just chill! Fed taper is more positive than negative for India
The reason is that a stronger US economy will lead to the Fed lowering and stopping its $85 billion a month bond purchase programme in the coming months.
A three-week plan to fix your finances before New Year
We still have around three weeks left in the current financial year, and no we are not talking about going on a crash-diet to met the weight loss target, but simply a three-weeks plan to get your money matters in order.
Live: Nifty closes at record high after BJP sweeps state polls
According to CNBC-TV18, brokerage CLSA has said prospects of a stable government led by the BJP after the 2014 general elections are rising and the key is to see whether the BJP will be able to replicate the success in Uttar Pradesh, Maharashtra and Bihar.
ICICI Sec sees Nifty scaling life high of 6700 before LS polls
Leading brokerage ICICI Securities sees the Nifty scaling life-time high of 6,700 in the run-up to the general elections next year after a decisive set of results today from the assembly polls.<br /><br />
Sensex may hit an all-time high on BJP win in state elections
Indian stock markets may see a strong up move this week amid results presenting a good show by the BJP in state assembly elections, experts said. The results of the four state elections held recently will be a major trigger for the Indian stock markets in the near-term, they added.
Whether it's UPA or Modi, here's how to invest in 2014
2014 is election year, and hence a lot could change in terms of the political economy. This means caution has to be the watchword.
Karachi stock exchange makes history, crosses 25,000 points
Pakistan's main stock exchange in Karachi achieved a new landmark on Friday when it crossed the 25,000-point mark for the first time in the country's history.
Sebi does away with stamp duty for demat a/c agreements
The market regulator had recently replaced the agreements which are entered between a depository participant and demat account holder with a simpler and a common document titled 'Rights and Obligations'.
Sensex, Nifty open flat; bank shares slump
The Sensex is up 2.79 points at 20960.60, and the Nifty is down 4.90 points at 6236.20.
Weak investment hurts local power gear makers: Patel
The heavy industries and public enterprises minister informed the Lok Sabha said that a combination of factors are affecting domestic power equipment companies.
Exit polls: UPA's economic scorecard shows why Sensex favours BJP
On an overall basis, despite GDP growth and rise in value of asset prices, the UPA government performance has been well below par on all counts. Markets want a government that could improve the overall performance of the economy.<br /><br />
Gold premiums hit yet another record
Indian gold premiums hit another record on Thursday, driven by lower supplies to meet firm demand for weddings, which will continue till May.<br /><br />
Adani Group shares rally after exit polls predict BJP win in state elections
Adani Group is based in Gujarat, where Modi is chief minister.<br /><br />
RBS, S&P's sued by European investors for $250 mn crisis losses
Royal Bank of Scotland and rating agency Standard & Poor's have been sued by a group of European institutional investors for damages of up to $250 million suffered on complex financial products in the lead-up to the global financial crisis.
Modi bounce: Animal spirits of Sensex may be overdone for now
The Sensex is benefitting from the Modi bounce, but investors would do well to remain cautious
Decoder: Why markets' Modi mania may be misplaced
The market's enthusiasm over Modi's ascension to power may well be misplaced. The experiment to find out whether a failing economy can be lifted by a positively decisive leader like Modi is likely to fail, says Barua
Live: Modi-fied Sensex rally loses fizz on profit booking
Analysts say traders had been building long positions on expectations the BJP would sail through in the results for the five state Assembly elections.
Your pension fund returns may increase. Here's why
The proposal still needs the approval of the Employee Pension Fund Organisation Board before implementation.
Forget debit cards, use cash: PIN mandate is not as safe as you think
Here's the poser: the purpose of having credit and debit cards is to reduce the use of paper money. But this new requirement is making debit card use relatively unsafe for many.