People can deposit idle gold with authorised agencies and take advantage of the price escalation of gold as well as earn interest on the deposit.
While the crackdown is a major step in combating tax evasion and improving transparency, it might also impact the flexibility and genuine corporate structures created to achieve legitimate objectives, says Suresh Surana.
Keep regular track of financials, including cash flow and management changes
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
Tata Motors was the top gainer on better-than-expected June quarter revenues
The finance minister was speaking after launching the maiden IDF scheme of IIFCL Mutual Fund in New Delhi on Tuesday.
'If credit is not available, people will postpone buying. That's what has happened.'
Even Delhi does not have a full-time registrar of chits.
The wheels turn for bicycles, as manufacturers go back to the basics. After motorised two-wheelers overtook cycle sales in the country, manufacturers are focusing on commuter segment again and reviving entry-level cycles.
Small and medium enterprises have been struggling to raise bank credit even as they have been powering India's manufacturing growth in recent years.
From Dabur to HUL, here are 10 stocks with significant rural exposure in the auto, agri-chemical and fast moving consumer goods sectors, which should see an uptick in sales growth.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
Reserve requirements, mandatory investment in G-secs under Companies Act may slow lending for HNI investment in IPOs.
When opting for any loan, make sure you read the terms and conditions carefully, and understand the 'other charges' to avoid any disappointment at a later stage.
Even today, many MFIs already distribute pension and micro insurance products to low-income households.
PM extended some old schemes and finally said yes to one that was legally mandated for past 2 years.
As all regulators are part of it, individuals don't need to worry about approaching the right authority
The recent default on deposit payments by a couple of Yash Birla Group companies has brought to surface difficulties an investor has to face in recovering his money.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Frequent balance transfer in search of a lower rate can be tricky for borrowers, if property prices fall
It is unrealistic to expect that change will happen in one year: Birla
Pulbic banks have no reason to cheer Budget announcement.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
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The broader markets traded positively with mid-caps and small-caps rising 0.5 per cent each on the BSE.
The committee's suggestion that existing commercial banks be allowed to hold payment banks as subsidiaries is also seen as unviable by RBI and the finance ministry.
The onus is on you to reject financial products that don't suit your needs.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
Every 30 seconds its website is connected to an SME for a loan, every five minutes it evaluates a loan, and every 20 minutes it disburses a loan.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Banks and insurers are beginning to reward customers who show exemplary conduct with lower prices and penalise those who behave poorly by imposing higher costs.
While demonetisation will benefit the organised sector, the government has to find a way to channel the upcoming revenue buoyancy towards job creation to balance out job losses in the informal sector, says Akash Prakash.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Singh brothers might be stopped by 'fit & proper' hurdle due to US drug norm violations; firm says confident of qualifying.
Salil Dhawan shares his stock market wisdom as 2017 is all set to ring out.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Modi sarkar will have to undertake reforms to prove its mettle.
Despite Sebi passing at least four orders against deposit-taking entities in the past year alone, the business seems unscathed
With the advent of new banks, IT firms will get boostto their businesses.
A customer wanting to buy a car would have to wait a long time for delivery.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
