.jpg)
The investment is through the asset manager's holding company IIFL Wealth Management Limited.
The Reserve Bank of India on Monday directed all banks and financial institutions to provide information and documents sought by the Special Investigation Team (SIT) set up to unearth black money.
Investment guru and mutual fund expert Ashok Kumar, answers all your MF related queries.
Investors may increase exposure to mid and small-cap stocks as their risk-reward profile is more attractive currently, suggest Nitin Singh and Vinay Joseph.
A new framework has been put in place for automatic exchange of information between Switzerland and India to help check the black money menace with effect from January 1, 2018. The funds held by Indians through fiduciaries alone used to be in billions till 2007 but began falling after that amid fears of regulatory crackdown. It is now at second-lowest level in 20 years.
Probe has been completed against 83.
Sebi has ordered attachment of bank and securities accounts of over 40 entities so far this year.
The survey, commissioned by HSBC last year, covered 16,000 people.
With equity and commodity exchanges allowed to enter each other's areas from October, brokerages are pump-priming their businesses to allow their clients seamless trading in commodities and equities.
Whether salaried or running your own business, it's about time to get your investment proofs in tax-saving instruments ready for filing your income tax returns later this year.
India is perceived to be a powerhouse for investment in coming times.
'Gold could return 10% to 12% in the next two-three years.'
It is easy to invest in exotic products but difficult to exit them. Think carefully before investing rather than being blown away by expected returns alone, suggests Mrin Agarwal, founder, Finsafe India.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
Investors not stop their SIPs or STPs due to election-related uncertainty.
Lionel Messi is optimistic his advisers will be able to sort out his tax problems after he and his father were accused of defrauding the Spanish authorities last month.
What stocks will gain from a normal monsoon?
Maruti Suzuki was the biggest gainer among Sensex scrips, rising 5.89 per cent, followed by M&M up 5.29 per cent.
Herve Falciani, who refused to appear for trial in Switzerland, has been charged of industrial espionage.
The total money of Indians fell by 45 per cent during 2016 to CHF 675.75 million, marking the biggest ever yearly decline in such funds.
Increased income tax collection is going to be a major consequence of going cashless and this should promise a future of lower taxes and higher purchase power soon, says Anil Rego
'The overall stress on asset quality is indeed coming down.'
If you missed the primary market bus but still want to invest in Sovereign Gold Bonds, then feel lucky.
Are you debating between buying physical gold and investing in paper gold schemes or ETFs? Anil Rego has the answer
This is the first time in the last three years that the funds linked to Pakistan in Swiss banks have exceeded that of Indians.
Gather information from diverse sources to ensure that your investment decisions are rooted in sound knowledge, says Sandeep Das.
The news of Bengaluru-based IMA cheating thousands once again underlines the need for investors to steer clear of unregulated deposit schemes. The most important sign of a Ponzi scheme is the promise of exorbitant returns and so investors must ask how the promoter expects to earn the kind of return he is promising, says Sanjay Kumar Singh.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Barcelona forward Lionel Messi and his father Jorge have paid five million euros (4.2 million pounds) to the Spanish authorities after they were accused in June of filing false tax returns, a court statement said on Wednesday.
Two successive reports, one by Percy Mistry in 2007 and the other by Raghuram Rajan in 2008 had provided the RBI and the finance ministry with blueprints of what to do next. Both reports, unfortunately, was put on ice. The global meltdown saved the RBI. It also saved the finance ministry from having to work on the two reports.
A tally around 150 in Gujarat can see the index hit 10,700 levels going ahead
According to RBI data, it had 57 employees in India at the end of March 2012.
Spread investments in equities, bonds, gold and cash to tackle volatility advise Nitin Singh, MD and head, and Vinay Joseph, director, investment strategy, Standard Chartered Wealth Management, India.
At a time when the whole world is going ga-ga over stocks and debt is too easy to borrow, do not forget gold, says Anil Rego.
'If an investor wants to clone an ace investor's portfolio, s/he will be better off cloning the entire portfolio rather than cherry picking stocks selectively.'
The B-school also witnessed new roles in the domain.
French bank BNP Paribas' wealth management arm said it expects the economy to expand by 4.3 per cent this fiscal and the growth to pick up and touch 5.1 per cent in FY15.
Swiss banks seek fresh undertakings from Indians.
IT, pharma and FMCG stocks are the top performers in 2013.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances