Money News - Page 26
RBI eases investment norms for NBFCs in insurance ventures
As per existing norms, an NBFC cannot hold more than 50 percent of the paid-up capital of an insurance joint venture.
Not to cross borrowing limits, mindful of bond yields: Mayaram
Mayaram also said he is confident of meeting the divestment target of Rs 40,000 crore, though seven months into the fiscal they has been able to garner only about Rs 1,150 crore.
Sensex ends in green after a 2-day fall, capital goods biggest gainers
Indian equity markets closed in the green on positive global cues. World shares rose toward six-year highs on Thursday after sentiment was boosted by a batch of strong US economic data.<br /><br />
After Goldman and CLSA, Nomura too sees Modi wave
Nomura is the third multinational brokerage after Wall Street giant Goldman Sachs and CLSA to come out with an open political statement supporting the candidacy of Modi for the top political job in the country.<br /><br />
New insider trading norms within 10 days: Sebi
The new insider trading regulations would replace the nearly two-decade old set of norms.<br /><br />
Why you should not fall for lower EMI offers
They are not too keen on buying cars or homes, that too loans. What this means is that banks have little business coming their way. In order to find a way out of this low demand, they are coming out with various discount offers and schemes.
Sensex ends flat ahead of F&0 expiry, IT stocks fall
Indian markets ended absolutely flat today as investors were cautious ahead of ahead of expiry of November derivatives contracts on Thursday.<br /><br />
Here's the latest type of credit card fraud
Given the increase in credit credits and the proportionate rise in types of frauds attached to them, there is no harm in assuming that credit cards are the mother of greed. Here is an addition to the list.
Sensex flat, Wockhardt down 9.5% on US FDA alert
The Sensex is down 7.95 points at 20,417.07, and the Nifty is down 3.90 points at 6,055.20.
RIL in focus: 10 things to know before the opening bell
Here are 10 things you should know before the Indian markets open.
NSEL defaults in payments for 15th straight time
With today's pay-out, NSEL has so far settled about Rs 235 crore against Rs 5,600 crore dues to 13,000 investors.
United Spirits falls over 8% after Diageo offers to sell W&M's whiskey assets
Analysts say the sale of W&M, while reducing the company's debt, may already be reflected in United Spirits' shares, which have risen more than five-fold since the start of 2012.<br /><br />
Nifty below 6100; United Spirits down 1.45% on UK regulator concern
The Sensex is down 5.54 points at 20599.54, and the Nifty down 16.10 points at 6099.25.
Five easy steps to find out about your I-T refund
But if you are someone who has still not heard from the IT department, and wonder whatever happened to your refund, here are five easy steps to follow:
Sensex soars on Iran nuclear deal: Why markets may be jumping the gun
Here are three reasons why the markets may be over reacting to the deal
Iran deal takes Sensex nearly 400 points higher, bank stocks gain most
Indian equity markets surged in trade today on hopes that lower crude prices after the Iran deal may ease inflation and India's current account deficit.<br /><br />
Mutual Funds' exposure in banking stocks hit 4-month high
Market participants said MFs have shown interest in the banking stocks during the past two months (September-October) primarily on account of measures announced by the new Reserve Bank Governor Raghuram Rajan coupled with overall surge in the stock market.<br /><br />
PSU refiners rally on Iran deal; brent drops more than $2 a barrel
Shares of state-run oil marketing companies gained after Brent crude drops more than $2 a barrel on Monday as supply fears ease following a breakthrough nuclear deal between world powers and Iran over the weekend.
Idle bank accounts hold Rs 3,652 cr: 5 things you better know
Here are a few things to know about such accounts and how to redeem the funds stuck in them:
Market rally: Foreign brokerages raise their pitch on Modi's election win
The assumption is that the new government will act in a decisive manner and introduce bold new reforms.<br /><br />
Sensex up more than 250 pts, OMCs gain on US-Iran deal
After three weeks of weakness, Indian equity markets are off to a good start today with the Sensex up more than 200 points and Nifty reclaiming the psychological 6000 mark
Sensex may be soaring but equity funds' performance worst since 2008
The poor showing comes at a bad time for an industry already under pressure from a market regulator angry about results and an ongoing exodus of retail investors from Indian stocks.<br /><br />
As market bubbles form, investors may want to take cover
If a series of smaller financial market bubbles deflate or even burst there will still be a lot of agony, investment strategists warn
Bulls still alive: Why current market fall is not a bearish confirmation
The strongest factor supporting the Indian markets is the fact that the US markets are still grinding their way up. This is most likely going to provide an impetus to the Indian bull
This chart shows why bank index will remain under pressure
Axis Bank, Bank of Baroda, State Bank of India and ICICI Bank may play a key role in keeping the bank index under pressure.
RBI to sell Rs 1,000 cr inflation indexed bonds on 26 Nov
The RBI would allot up to 20 percent of the notified amount of the bonds to eligible individuals and institutions as per the scheme for non-competitive bidding facility.
NHPC's Rs 2,368 cr share buyback to begin from 29 Nov
The company got listed on bourses in 2009 after the government divested 5 percent stake. It has also issued 10 percent fresh equity.