The Prime Minister's Office has suggested that EPFO should deploy 15 per cent of its funds as loan for low cost housing saying it would generate a credit flow of Rs 70,000 crore (Rs 700 billion).
Markets ended weak tracking the expiry of April derivative contracts.
Around 300 promoters serve their company boards for free.
For the wealthy, post-tax returns of debt funds would work out better
The 30-share Sensex provisionally ended up 46 points to end at 28,122 and the 50-share Nifty gained 20 points to close at 8,514.
Retail investors should not invest for bonus or dividend because in order to make money over the long term.
Also build a contingency fund equal to 9 to 12 months of expenses.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
The RBI has agreed to consider the application of India Post in consultation with the government.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
ONGC was the top performer while private banking major ICICI Bank extended gains
Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
The scrutiny is expected to be over this month itself.
Additional levy to eat into Rs 6,000-crore income of top promoters
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Most Asian markets ended with gains.
Experts, however, caution that though the moves are positive for the sector as a whole, they don't expect much gain in the near-term.
'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
Big Mumbai developers' inventory at Rs 53.4 crore.
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
A leak of 11.5 million tax documents has revealed how the rich and powerful use tax havens to hide their wealth.
Flight of high-paying banking jobs to other European cities will hurt the prospects of Indian real estate developers and desis in the hospitality business in the UK, says Kunal Bose.
Participants are keenly waiting for the January IIP.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Bombay Stock Exchange Sensex closed 30 points lower at 21,140 levels.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
The BSE MidCap and SmallCap indices during this period have outperformed the blue-chip indices.
DFS writes to departments that haven't responded to RBI's request for information.
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The RBI has accepted the application withdrawal request, according to the statement.
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
Banking and real estate stocks rise up to 5% on further rate-cut hope.
Stocks of companies having operations and exports to Europe were the top losers.
Sensex ended up 190 points at 25,519 and Nifty climbed 57 points to end at 7,626.
Sensex, Nifty end lower on global concerns.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
