Ashley Coutinho &Amp;Amp; Anup Roy

Stories by Ashley Coutinho &Amp;Amp; Anup Roy

FPIs get relief as dividend tax kept at par with treaty rates

FPIs get relief as dividend tax kept at par with treaty rates

Rediff.com   2 Feb 2021

'Rationalising TDS on dividends for FPIs to reduce it to treaty rates ranging from 5 to 15 per cent, depending on the country of residence of FPIs from current rate of 20 per cent will provide a big cash flow relief for FPIs.'

5 factors that may help markets scale new highs

5 factors that may help markets scale new highs

Rediff.com   29 Jan 2021

Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.

RBI to crack whip on recovery agents, calls for restricting messaging apps

RBI to crack whip on recovery agents, calls for restricting messaging apps

Rediff.com   28 Jan 2021

Digital lending apps extend small amounts at exorbitant rates. Payment delays invite messages to customer or close family members, often with sensitive information such as Aadhaar and PAN Card scans.

'Equity market is in the midst of a bull market'

'Equity market is in the midst of a bull market'

Rediff.com   27 Jan 2021

'If an investor is ready to stay put for the next five years, one can consider investing in mid- and small-cap funds, but through SIPs.'

Budget 2021: Dividend anomaly for FPIs may be corrected

Budget 2021: Dividend anomaly for FPIs may be corrected

Rediff.com   22 Jan 2021

Last year's Budget had created uncertainty about the quantum of tax to be withheld on dividends paid to non-residents, as the exact tax rate was not specified under section 195.

Centre, states team up with RBI, Big Tech to fight Chinese lending apps

Centre, states team up with RBI, Big Tech to fight Chinese lending apps

Rediff.com   22 Jan 2021

A user just needs to download any app floated by such fraudsters and apply for instant loans. These apps are mainly concentrated on Google Play considering the reach and popularity of Android systems.

Cash was king in 2020 even as digital transactions increased

Cash was king in 2020 even as digital transactions increased

Rediff.com   20 Jan 2021

The hoarding of cash accentuated from the very start of 2020, when the coronavirus pandemic started taking hold the world over, and fear of the pandemic prodded people to remain liquid for emergency use.

Equity schemes see Rs 330 billion outflow

Equity schemes see Rs 330 billion outflow

Rediff.com   19 Jan 2021

Outflows are likely to continue, experts say, till such time as the markets see a significant correction.

FPI registrations cross 10K for first time

FPI registrations cross 10K for first time

Rediff.com   13 Jan 2021

Equities in India saw record FPI inflows of $16.8 billion in November and December, taking the benchmark indices to new highs.

Stocks: Bulls ran wild in COVID-19

Stocks: Bulls ran wild in COVID-19

Rediff.com   11 Jan 2021

Indian equities are no longer cheap vis-a-vis global markets, and only a short distance away from being the most expensive they have ever been.

Gulf between China and India market caps widens

Gulf between China and India market caps widens

Rediff.com   11 Jan 2021

The country's m-cap is now 4.3x India's, whose m-cap grew just 17 per cent to $2.5 trillion in CY20 -- 2.4 per cent of the global m-cap.. Ashley Coutinho reports.

Sebi suggests easing of ownership norms for exchanges, depositories

Sebi suggests easing of ownership norms for exchanges, depositories

Rediff.com   7 Jan 2021

According to the new proposals, resident promoters or a foreign promoter from a FATF jurisdiction can set up a market infrastructure institution.

If it ain't broke, don't fix it: RBI working paper on 4% inflation target

If it ain't broke, don't fix it: RBI working paper on 4% inflation target

Rediff.com   5 Jan 2021

The paper seems to be suggesting strongly that the tight target range be maintained even as the central bank is all set to miss the target range for three consecutive quarters because of the Covid crisis.

Despite Covid-19 crisis, mid- and small-cap funds see big gains in 2020

Despite Covid-19 crisis, mid- and small-cap funds see big gains in 2020

Rediff.com   5 Jan 2021

The unlocking of the economy since June led to a significant recovery in various macro, micro and high-frequency data points, resulting in the equity markets surpassing their previous lifetime highs.

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Rediff.com   5 Jan 2021

The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.

How Nifty50's composition has changed in 10 years

How Nifty50's composition has changed in 10 years

Rediff.com   5 Jan 2021

The new entrants comprise Asian Paints, Britannia, Titan, Nestl, Bajaj Finance and Bajaj Finserv.

Why 60% of large-cap schemes underperformed the Nifty100 index in CY20

Why 60% of large-cap schemes underperformed the Nifty100 index in CY20

Rediff.com   4 Jan 2021

Polarisation and the increase in index weight of a few a stocks have weighed on performance. The worst performers include Nippon India Large Cap and HDFC Top 100 (2.6 per cent).

'Under him, the RBI delivered strong, timely, and decisive policy initiatives'

'Under him, the RBI delivered strong, timely, and decisive policy initiatives'

Rediff.com   2 Jan 2021

Economists praise Das for his pragmatism and willingness to face challenges head on. And in doing so with the finesse of an able administrator.

Frauds decline in banking system as RBI increases supervision

Frauds decline in banking system as RBI increases supervision

Rediff.com   31 Dec 2020

According to the Trends and Progress Report of the RBI, 98 per cent of frauds in terms of value were related to loans, and their occurrence was spread over several previous years.

PE/VC investments into India from China, Hong Kong fall 72% in CY20

PE/VC investments into India from China, Hong Kong fall 72% in CY20

Rediff.com   30 Dec 2020

The new PN3 norms and lack of clarity on what constitutes beneficial ownership are the primary reasons for the decline in investments from China and Hong Kong.