Global liquidity expected to continue amid ECB stimulus
But what do banks gain by opening their apps for all? The answer -- rival bank's customers under their fold.
The government has been pressing citizens to pay taxes and be compliant, but they have very little to show regarding improved efficiencies in the companies they themselves own, the fund managers said.
Sanjay Kumar Singh tells you what to watch out for when buying insurance and investing in MFs online.
Three fund managers share their views and state where they are looking for value.
'EPFO's investments this financial year should be Rs 1 lakh crore'
Ajit Mishra, vice president, Research, Religare Broking, answers queries on how to invest in stocks.
Major gainers in the Sensex pack were Wipro, Kotak Bank, Infosys, Maruti, Tata Motors, L&T, IndusInd Bank, Hero MotoCorp, M&M, SBI, ONGC, HDFC Bank and HUL, rising up to 3 per cent.
Ajit Mishra answers reader queries on the stock market.
US-based Oaktree on Monday pipped Piramal Enterprises and Adani Group to emerge as the highest bidder for DHFL after fresh bids were invited under the insolvency process, according to sources. The committee of creditors had fixed December 14 as the last for submission of revised bids. According to the sources, Oaktree raised the bid to Rs 36,646 crore, including Rs 1,000 crore for insurance and Rs 3,000 crore of interest earned, while Piramal Enterprises offered Rs 35,550 crore, including Rs 300 for insurance and Rs 3,000 of interest earned.
India has been a core portfolio holding for emerging market funds.
The sale proceeds will be fully utilised to repay debt at Bharti Telecom and will make the promoter holding firm a 'debt free company'.
Niti Aayog will prepare the next list of central public sector companies for disinvestment in the next few weeks, its vice chairman Rajiv Kumar said on Thursday and expressed hope that the proposed asset reconstruction and management companies to address banks' bad loan woes will do a good job like the UTI. Days after Finance Minister Nirmala Sitharaman announced the Union Budget for 2021-22 laying out various measures (including disinvestment proposals) to bolster the pandemic-hit economy, Kumar also emphasised that the Modi government has shown consistent commitment for the welfare of farmers and for the improvement of the agriculture sector. "Now the process has begun... We will complete preparation of the next list in the next few weeks, we have got the marching order," Kumar said about the list of public sector companies for the next round of stake sales.
The yellow metal is a safe bet in the long run.
Sentiments turned somewhat weak towards the middle of the session as profit-booking emerged as investors turned cautious on disappointing quarterly earnings by some bluechip companies
Reliance Industries raced to 52-week high on better than estimated earnings and announcement of bonus share.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Equity investments are fruitful over the very long 20-year term.
In HDFC Life, the company has to pare 1.43 per cent, and in HDFC Ergo, it has to pare only 0.58 per cent.
With many getting payment reminders, confusion prevails among borrowers, term-plan investors and credit cardholders over the implementation of the three-month moratorium on all loan repayments amid disruptions caused by the coronavirus outbreak. As part of measures to alleviate hardships faced by people, the Reserve Bank of India, on March 27, announced a slew of steps, including a three-month moratorium on loan repayments.
Monday saw the Sensex post its weakest closing since July 11 when it settled at 36,265.93. In the previous four sessions the index had lost 1,249.04 points.
The comments come about a week after PSU bank employee unions went to a four-day relay strike to press for early revision of wages.
SBI had a bad day, sliding the most by 5.36%. Others that dragged the key indices down were M&M, Reliance Industries and L&T.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.
As liquid tightening measures were likely to be temporary, any change in lending rates would depend on the length of these measures, according to bankers.
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
One risk of investing in a very low-cost ETF is if a fund house runs it at below cost, it could close it if it fails to attract institutional money
Loan rates will change at the next reset, while deposit rates will continue till maturity.
Asset managers are betting big on ETFs these days.
Steep volatility in the markets has made fund managers cautious, awaiting opportunities to deploy the cash.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Going by the strict criteria set, only Maharashtra, Tamil Nadu, Gujarat, Karnataka, Uttar Pradesh, Andhra Pradesh, Madhya Pradesh, and Haryana qualify for such extra borrowing, as of now.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.
Out of the 30-share Sensex pack, 21 ended lower and one remained unchanged
Biggest ever share sale by any private or public sector co in India.
Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline