Investing News - Page 25
NSEL was not registered, CBI to probe scam: Chidambaram
Chidambaram said NSEL was not a registered or recognised association under the FMC but got exemption even before it started its business.
Debit card frauds: here's how merchants goof up
it is easier to use these cards at a merchant establishment, or point of sale (POS) terminal, than using them for online shopping. At a POS, all you have to do is give your card to the merchant, which he swipes over an electronic data capture, or swipe machine. But is it safe?
10 things you need to know before the opening bell
Asian share markets were left in limbo on Thursday as a paucity of major economic news left investors with little choice but to sweat out the latest battle over the US budget.
Financial Tech: Deloitte washing its hands of a Rs 5,500 cr scam
Deloitte has taken shelter under Standard on Auditing 560 (SA) issued by the Institute of Chartered Accountants of India (ICAI). This standard deals with subsequent events i.e. the events that happened between the balance sheet date and the date of audit report.
10 things you need to know before the opening bell
Asian shares slipped and the dollar inched higher in early Asian trade on Wednesday, as concerns about a possible US government shutdown and uncertainty about the US Federal Reserve's policy outlook made investors hesitant to take aggressive positions.
Insider trading 2.0: Menace of high-speed trading, early data peaks
Amid signs that high-speed traders are now getting early access to key market-moving data and analyst reports, New York Attorney General Eric Schneiderman is cracking down on what he calls "Insider Trading 2.0."
Financial Tech auditor withdraws report after NSEL payment crisis
Auditors have raised serious doubts on accounts of Jignesh Shah-led Financial Technologies India Ltd (FTIL) saying the financial statements for 2012-13 cannot be "relied upon" any "longer" in the wake of payment crisis at the firm's subsidiary, NSEL.
Mayaram panel sends NSEL report to PM Office
A high-level panel headed by Economic Affairs Secretary Arvind Mayaram that looked into alleged irregularities at the NSEL, today submitted its report to the Prime Minister's Office (PMO).
Volatility to rule: Fed tapering a bigger risk to India than assumed
Judging by the strength of the relief rally seen after the U. Federal Reserve did nothing last week, some Asian emerging markets could be far more vulnerable than earlier thought when the Fed finally does decide to slow its dollar printing presses.<br /><br />
SBI stocks falls on rating agency downgrade
State Bank of India, the country's largest lender, fell as much as 3.66 percent after ratings agency Moody's downgraded its outlook on the bank's financial strength rating to 'negative' from 'stable'.
10 things you should know before the opening bell
Here are 10 things you should know before the Indian markets open.
Why you should not ignore Hudco's tax free bonds
The annual interest with these bonds is better than the post-tax returns you would have earned on fixed deposits, which is 6.3-6.6 percent for highest tax bracket
Rajan will continue inflation war: Why lending rates will remain high
For the medium term, Rajan has made it clear that there is no question of lowering the guard against inflation, which is the prime enemy for the central bank and can derail any effort to get the growth momentum back.
Bangalore stock exchange to apply for de-recognition to Sebi
This approval was made by shareholders at the Annual General Meeting held here yesterday, attended by about 100 out of 925 members.
Why divorce on mutual consent doesn't help women
If she were to apply with mutual consent she would not get any indulgence from the judge as to share of her husband's property but instead would continue to be fobbed off with a pittance-maintenance expenses.
Chart: US cues point to further fall in Sensex, Nifty today
Indian equity markets also need support from the US market to rally further. The last leg of the rally in India was a result of the rally in the US markets. When the US markets retreated a bit on Thursday, the Indian markets fell on Friday. With the strong drop in the US on Friday, we could see a corresponding drop in India on Monday.<br /><br />
Friday's market fall means Nifty bullishness is unreliable
Though the Nifty gained about 2.8 percent week on week, the price action during the week was marked by heightened volatility. The index cleared the swing high of 6,093 on Thursday. The quick snap back on Friday raises concerns about the reliability of the breakout.
Can you trust banks with your sale deed, title deed?
Interestingly, most often the owner of the house does not even get to see the original title deed until the time you decide to sell the house. In other words, your original documents are held by the bank, though you may be the owner of the house. But just how much can you trust your bank on this?
Sensex tanks over 500 pts as RBI shocks markets with rate hike
The Indian markets fell as soon as the Reserve Bank of India unexpectedly hiked its policy rate by 25 bos to 7.5 percent.
Twitter in talks to add banks to IPO, set fees: report
Twitter is in talks to add additional banks to its underwriting syndicate for its upcoming initial public offering and in the process of finalising the fee structure, according to three people familiar with the matter.
10 things you need to know before the opening bell
Asian shares paused on Friday as investors sat back to ponder the US Federal Reserve's policy outlook, a day after the world's most powerful central bank triggered a global rally in riskier asset markets with an unexpected decision to maintain its stimulus.
Sensex surges 500 points: When money is easy, stocks will party
The markets are driven not so much by fundamentals as surges in liquidity
Current market rally dangerously thrilling; book profits and run
As long as traders are telling you that this is an exit sign, you should take profits and run
Rajan relieved as Fed paves way for RBI to roll back liquidity measures
the reason for rallies in domestic equities, currency and bonds are that FII's will pump in money into the market and that the RBI will roll back liquidity measures.
Live: 'Sensex will rally if BJP shows momentum in opinion polls'
Markets are likely to see a gap up opening after the Federal Reserve stunned markets and decided not to taper its asset-buying programme.
10 things you need to know before the opening bell
Asian shares and currencies rallied broadly on Thursday after the Federal Reserve stunned markets and decided not to taper its asset-buying program, sending US bond yields and the dollar into a tailspin.
Good news for govt employees: Centre may hike dearness allowance to 90%
The Union Cabinet could approve a proposal to hike dearness allowance to 90 percent from existing 80 percent, a move that would benefit about 50 lakh central employees and 30 lakh pensioners.