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.
Our advice for investors -- opt for funds like HDFC Long Term Advantage and HDFC TaxSaver which have proven track records to show for, over longer timeframes.
A Malaysian bank officer and her husband have been arrested and a hunt is on for a Pakistani man for allegedly stealing over USD 30,000 from the accounts of 4 passengers aboard the missing airliner MH370.
A tied ninth place finish at the high-profile HSBC Open in Shanghai lifted Jyoti Randhawa\n14 places and saw him join compatriot Jeev Milkha Singh in the top-100 of the world golf rankings on Monday.
Korea's Yang Young-Eun (69) cruised to a brilliant two-shot win in the HSBC Champions.
All four Indian golfers moved inside the top-20 at the Champions golf tournament in Shanghai.\n
Gaurav Nandrajog and Mandy Kennedy of England scored contrasting victories to win the men's and women's titles respectively in the HSBC-Bombay Gymkhana Maharashtra State Open Squash Championships.
India's top golfer intends to show his stripes at the US $5 million HSBC Champions, and there will be no better way than doing it in the presence of the world number one.
Equity strategists are basing their expectation on strong corporate earnings recovery, supportive global economic growth, and gradual improvement in business sentiment.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Indo-UK business ties are becoming a two-way affair with Indian companies contributing to the growth of the British industry
Retail investors should continue to invest in accrual schemes like cash and floating rate funds.
The pensioners have been agitating for last 18 years
Stepping up the attack on the government on the black money issue, Aam Aadmi Party chief Arvind Kejriwal on Wednesday accused it of adopting a "selective" approach in punishing the guilty and said he will try to meet the Special Investigative Team probing the high-profile case to share some details.
Governor Raghuram Rajan's move to cut the MSF rate, at which banks borrow if they exceed their repo borrowing limits, by 0.50 per cent to 9 per cent should not be construed as a reversal in his policy stance and is more of a normalising measure, Citi said in a note.
India funds have seen almost $1 billion of outflows in the last three weeks, says Brad Durham, MD, EPFR.
SAS, global leaders in business intelligence solutions, on Friday announced setting up of its largest research and development centre in Pune, as it expects the Indian market to grow by 27 per cent and generate $87.4 billion worth business by 2009.
Reliance is in the market with a benchmark issue to sell 30-year US dollar-denominated Reg S fixed rate senior unsecured notes.
Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses
India's flag carrier Air-India has shortlisted three companies to act as advisors for its initial public offer to finance the fleet acquisition and is awaiting the government's nod for the IPO, a spokesman of the airline said on Thursday.
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