Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.
'Retail investors have been selling since the Budget and Foreign Portfolio Investors started selling.' 'Thus far, domestic institutions have picked up the slack, buying enough to keep the major indices from falling off a cliff.' 'However, there has been carnage in smaller stocks and the financial sector has been hit much harder than the major market indices,' points out Devangshu Datta.
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
They have put in $14 billion so far in 2014 but this could get slower if the US Fed raises rates; however, there are expectations on compensatory flows.
The stock exchange does not store and display the numbers of investors. That would be like a bank publishing the details of its customers for everyone to see.
'Indians are great savers, but they are lousy investors.'
The markets will remain choppy ahead of RBI policy.
Under U K Sinha, Sebi became a pan-India organisation with local offices in 16 cities
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
Averaging works only in a portfolio which is what SIP helps you do. Averaging does not work in case of a single scrip. Here's why
The event will also hurt PNB's asset quality in the March 2018 quarter. While the finer details of the fraud have not been provided, making it difficult to gauge the exact impact, analysts say it will dent the bank's financials.
The new executive director of Reliance Capital has big shoes to fill in every way.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
It was a year of big gains for equity investors.
The derivatives expiry on Thursday is also expected to add to the volatility.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
If you leave too much money lying in your trading account or hand over your securities to brokers, there is always the risk that they could use it to trade in the markets.
American business tycoon and philanthropist Bill Gates, co-chair of the Bill and Melinda Gates Foundation on Friday announced an emergency relief fund of $700,000 for the flood victims of Jammu and Kashmir.
The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.
Modi, upon arrival, was received by External Affairs Minister Sushma Swaraj.
Currently, only three have completed more than six months of operation in the space - Fino Payments Bank, Airtel Payments Bank and Paytm
The management was open to attracting qualified people from the US for either short-term or long-term assignments in Roorkee, reports Manu Shah.
To be sure, this is not some stunning new revelation that our equity markets are beholden to foreign flows.
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
Good intentions and elaborate roadmaps apart, there is an urgent need for the Tamil Nadu chief minister to come up with branded schemes like MGR's meal scheme, asserts N Sathiya Moorthy.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on a weekly basis.
Experts suggest six ways to play stocks that tank suddenly and make money as Sanjay Kumar Singh listens in
Before considering reducing the freedom of private investors in the derivatives market, we need to check if the maladies in markets elsewhere exist in India, says Susan Thomas.
Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
The RBI cited lower-than-expected inflation, weak crude prices and weak demand, as well as the government's commitment to sticking to a fiscal deficit target as reasons.
A high fashion event can teach you a thing or two about money matters! Intrigued? Then read on to find out more!
Motilal Oswal of Motilal Oswal Financial Services tells Puneet Wadhwa why he thinks the current market levels will sustain.
It's also important to understand the rationale behind choosing particular stocks and when to sell.
Use of blockchain technology will ensure that banks will not be blindsided like in the case of the Nirav Modi-Mehul Choksi blowout at PNB, says Raghu Mohan.
Longest period of price-earnings expansion in the index since 1996
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Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
The university will analyse every public tweet since the microblogging site came into existence.
The Union government is keen to ensure financial security for unorganised sector workers
Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.
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