'Space out when raising funds; Sebi mulls securitisation platform'
The government has not set up any committee to probe allegations a US short seller labelled against the Adani Group, but stock market regulator SEBI is investigating market allegations against the group, the Lok Sabha was informed on Monday. A separate investigation into imports of Indonesian coal by the conglomerate hasn't reached finality, Minister of State for Finance Pankaj Chaudhary said. Lok Sabha saw several questions being put by MPs to the government on the Adani issue, which were replied through written responses by the minister.
On May 16, the leads will start trickling in from morning but the final result is likely to come only after 3.30 pm, beyond trading time for the equities segment in India.
Managing expectations is a challenge for policymakers.
Finance ministry asks bank, insurance & market regulators to issue notifications
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.
The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
While regulators are trying to do their bit, the onus is on you to prove it.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
Principal economic advisor, Ila Patnaik, is coordinating the work on Economic Survey 2013-14.
Ramalingam Kalirajan explains the pros and cons of both investment types.
Cost is not the only factor that one should look at. It's best to keep investment and insurance apart
These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.
Finance Minister Nirmala Sitharaman presented her third Budget on February 1.
If indeed the issues involved between the government and RBI are of immense public interest, why not make public the arguments of both the government and the RBI, irrespective of the outcome of the process, says Tamal Bandyopadhyay.However, the Act is silent on what happens if the governor's views differ from that of the government. If Patel does not want to budge from his stance the government can either see merit in the Governor's arguments and decide against going ahead with its plan or overrule him. My guess is that the issues raised by the government need to be sorted out not at the November 19 board meeting but between the Governor and the government, says Tamal Bandyopadhyay.
Sebi has pushed for better corporate governance of listed companies through measures such as the need for a succession policy
'If anybody defaults on something which is due for today, they have to disclose it tomorrow.' 'The accumulation of NPAs is due to asymmetry in information.' 'The investor should have real-time information.'
Investors in LIC's insurance and other schemes are receiving a lower rate of return because LIC is subsidising incompetence at best and malfeasance at worst in institutions such as IDBI Bank and IL&FS, says Jaimini Bhagwati.
2015 is set for a lot of changes - and some that we would like to happen
Better stick to equity diversified funds, says Larisssa Fernand
Rose Valley is one of the biggest money businesses after Sahara.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
The onus is on you to reject financial products that don't suit your needs.
The online world is driven by convenience, simplicity and speed.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The government has provided a long-term vision.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
Indian economy about to take-off