When shares in the electronic form are available with the depositories, it acts as primary evidence for those who hold the shares.
The government favours 100 per cent foreign direct investment in the pension sector, which will have a "limited" number of fund managers, a top finance ministry official said on Monday.
Rs 1,000 now buys $13.5 against $14 a year ago.
The finance ministry on Thursday appointed National Securities Depository Ltd to provide PAN cards to new taxpayers in 139 cities from next week.
The National Securities Depository Ltd has been asked to start the online PAN Book from April to enable assesses to see their tax filing records on the Internet.
The S&P BSE Small-cap index has recovered 26 per cent as compared to a 23 per cent rise in the S&P BSE Sensex.
Individuals can now get a new Permanent Account Number through Aadhaar-based e-signature facility.
There are four simple ways to link PAN to Aadhaar; make the most of the deadline to avoid hassles later, explains Bindisha Sarang.
Cochin Shipyard, BASF India, Ingersoll Rand, Eicher Motors, Federal Bank, and Timken India are some of the firms where voting could have got affected, sources said.
Delay in the recovery in earnings has led Macquarie, Barclays and Ambit to downgrade Indian shares over the last few days.
KYC done while opening a bank account can be used to open a mutual fund account.
FPIs are currently capped at 5 per cent of the total outstanding government dated securities, and own 4.5 per cent
This may mean easier access, simplified KYC and documentation requirements, and fewer investment restrictions for a majority of FPIs, especially broad-based funds and pooled vehicles that were earlier part of Category-II.
Digital gold is gold purchased online from various platforms including Paytm or Google Pay and stored in your online account.
Each scam that comes out in the open shows the regulators to be miles behind.
In the aftermath of the Karvy incident, lending against third-party collateral facility raises questions over regulations concerning banks and brokers which are at loggerheads. While Sebi and NSDL have ordered the transfer of securities, which were kept as collateral, lenders followed the old business model of sanctioning loan against shares and allegedly overlooked certain parameters. Legal experts feel that this could lead to a collapse of the loan-against-shares market as it raises questions over the sanctity of the pledged securities.
Board to ask National Securities Depository to unfreeze 5% of FTIL's stake.
The trick is to know how long you are supposed to hold which document, observes Bindisha Sarang.
With growing capital markets and business friendly climate, nearly 1.4 lakh investor accounts were opened on an average every month in the last one year.
There is churning at the top in IDBI Bank's two group entities.
Last August, RBI gave in-principle approval to 11 applicants.
Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too
Last year, the software giant launched a cloud adoption programme for SMBs.
Whether you give stocks held for more/less than a year, benefits are nominal; donating cash is better.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Investors must withdraw funds, open a new trading account and transfer assets.
According to experts, due to reduction in withholding tax, FIIs' investment in corporate bonds will pick up.
Liquidity pushed benchmark indices 22% higher to become the best performing equity market globally
Depreciating the rupee against the dollar to boost economic growth has fiscal constraints and monetary limitations
Demonetisation, Donald Trump's surprise victory in the US presidential elections, and the fear that US Fed may hike rates in the upcoming policy review in December have dented market sentiments, report Puneet Wadhwa & Deepak Korgaonkar.