News for 'Securities and Markets Authority'

Market turmoil leaves investors poorer by more than Rs 4.3 lakh crore

Market turmoil leaves investors poorer by more than Rs 4.3 lakh crore

Rediff.com13 Mar 2023

Domestic equity investors' wealth eroded by more than Rs 4.43 lakh crore on Monday as fears of a financial contagion triggered by one of the biggest bank failures in the US roiled market sentiments. After a strong opening, Indian stocks went into a tailspin with the benchmark 30-share BSE Sensex tumbling nearly 900 points to close at 58,237.85 points -- sliding for the third straight trading session. The NSE Nifty too declined 258.60 points to end at 17,154.30 points.

Is This A Good Time To Buy Stocks?

Is This A Good Time To Buy Stocks?

Rediff.com16 May 2024

'Investors need to be stock specific and should not rush to buy stocks at the current levels.'

Capital Gain on Redeveloped Property: Your Tax Qs Answered

Capital Gain on Redeveloped Property: Your Tax Qs Answered

Rediff.com24 Sep 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Should You Invest In Gilt Funds?

Should You Invest In Gilt Funds?

Rediff.com4 Jul 2024

By taking the mutual fund route, investors can take exposure to gilts with small amounts. Over a decade or more, returns from these funds tend to be sound.

'Cancelling Adani Project Not Good Sign'

'Cancelling Adani Project Not Good Sign'

Rediff.com30 Sep 2024

'If there is a push towards a Marxist oriented government it will be dangerous.' 'We have seen this in Nepal and Myanmar and it will be a concern for India if it is surrounded by countries with such political dispensations.'

In export push, govt steps in to raise container capacity

In export push, govt steps in to raise container capacity

Rediff.com27 Sep 2024

Concerned over the fallout of the Red Sea crisis and severe shortage of containers against the backdrop of a steep decline in merchandise exports in August, the Union government is pulling out all the stops to find a solution. To begin with, the government has devised a strategy aimed at boosting container supply and supporting exporters.

Investing in IPOs: What First-Time Investors Must Know

Investing in IPOs: What First-Time Investors Must Know

Rediff.com11 Jul 2024

Are you a first-time IPO investor? Even if IPOs appear attractive with expectations of high returns, they come with risks and complexities, cautions Sheetal Jhaveri and shares her checklist to help you navigate through the world of IPOs

Analysts wary of Vodafone Idea's falling subscribers, broadband users

Analysts wary of Vodafone Idea's falling subscribers, broadband users

Rediff.com14 May 2024

Vodafone Idea's (Vi's) subscriber loss reduced to a seven-month low in March, and alongside the company added 1.1 million broadband users after two months of net loss -- two things analysts have noted as key trends that need to be monitored. While Vi has been losing customers for more than two and a half years now, the churn reduced to below a million after five straight months in March, the Telecom Regulatory Authority of India (Trai) data has shown. "Jio's softer than usual subscriber growth in March, and VIL's slowing subscriber market share loss are key trends to keep an eye on going forward," global investment banking and financial services major UBS said in an analyst note.

Modi 3.0's Plans For Ayushman Bharat

Modi 3.0's Plans For Ayushman Bharat

Rediff.com12 Jun 2024

The Centre is considering a proposal on increasing coverage under the Ayushman Bharat scheme to Rs 10 lakh from the current Rs 5 lakh.

Munambam: The Politics Of Waqf Land

Munambam: The Politics Of Waqf Land

Rediff.com27 Nov 2024

The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.

How Trai Plans To Scuttle Scams

How Trai Plans To Scuttle Scams

Rediff.com15 Jun 2024

Numbers could be classified further into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the call in the future.

The Woman Who Lost Everything

The Woman Who Lost Everything

Rediff.com13 Nov 2024

When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.

Foreign cos get GST relief on loans to Indian arms

Foreign cos get GST relief on loans to Indian arms

Rediff.com28 Jun 2024

In a relief for foreign firms giving loans to Indian subsidiaries, tax authorities have said goods and services tax (GST) will not be imposed on them, subject to some caveats. Additional fees, commissions, or related payments - over and above the amount charged as interest - on these loans will attract GST at 18 per cent, the Central Board of Indirect Taxes and Customs (CBIC) has said.

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

Investing In Real Estate? Read This

Investing In Real Estate? Read This

Rediff.com20 Jul 2024

In the case of double-income couples, not more than 40 per cent of the net income of one partner should be the EMI for the property.

Old Tax Regime May Soon Be History

Old Tax Regime May Soon Be History

Rediff.com24 Jul 2024

There are a number of steps taken that will leave more money in the hands of the taxpayers.
These include the reduction in tax rates under the new tax regime, increase in standard deduction, allowing tax collected at source to be adjusted against tax deducted at source from salaries, notes Harsh Roongta.

ED raids Franklin Templeton premises in money laundering case

ED raids Franklin Templeton premises in money laundering case

Rediff.com16 Mar 2023

The Enforcement Directorate is conducting searches at some places linked to asset manager Franklin Templeton and its former and current executives as part of a money laundering investigation, officials said on Thursday. The federal agency is looking to gather more evidence as part of its investigation against the company and its promoters under the Prevention of Money Laundering Act (PMLA). Office and residential premises in Mumbai and Chennai are being searched, they said.

How India Won Back Maldives's Trust

How India Won Back Maldives's Trust

Rediff.com12 Sep 2024

The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.

Indians in Russia to seek Modi's help to build Hindu temple

Indians in Russia to seek Modi's help to build Hindu temple

Rediff.com8 Jul 2024

The Indian community in Russia are eagerly waiting for Prime Minister Narendra Modi's visit to Moscow and will be seeking his support to build a Hindu temple in the country, a new Indian school building and the availability of more direct flights to India.

'Market has so far surprised everyone'

'Market has so far surprised everyone'

Rediff.com16 Sep 2022

'This resilience should be viewed as reflecting the strength of the structural story.'

Nirmalaji, What Surprises Can We Expect?

Nirmalaji, What Surprises Can We Expect?

Rediff.com31 Jan 2024

The interim Budget proposals that will be presented on February 1 in the backdrop of the general elections scheduled in April/May 2024 are likely to have a hint of populism, believe analysts, but are unlikely to derail the government from its path of fiscal prudence.

Udhayanidhi Stalin And The Sound of Silence

Udhayanidhi Stalin And The Sound of Silence

Rediff.com11 Oct 2024

Tamil Nadu's Deputy Chief Minister Udhayanidhi Stalin has reacted to Andhra Pradesh counterpart Pawan Kalyan's out-of-turn taunts with a one-liner, 'Let's wait', and thereby hangs a tale, notes N Sathiya Moorthy.

Planning To Buy A House? Read This

Planning To Buy A House? Read This

Rediff.com5 Jun 2024

'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'

Why not reveal why security nod for MediaOne TV channel denied, SC asks govt

Why not reveal why security nod for MediaOne TV channel denied, SC asks govt

Rediff.com2 Nov 2022

The bench added that in a criminal case, a charge sheet is filed against the accused, and no matter how sensitive the charges are, they are disclosed to the accused, and in the present case, it is not even at that threshold.

What Will Israel Do Next?

What Will Israel Do Next?

Rediff.com25 Sep 2024

In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.

Top teams perform on tour, not just at home: Hayden

Top teams perform on tour, not just at home: Hayden

Rediff.com21 Aug 2024

Indian batting stalwart Virat Kohli and Australia's Steve Smith would be more than keen to stamp their authority in the upcoming Border-Gavaskar series in which runs would be "at a premium", feels Australian great Matthew Hayden.

SC refuses to transfer Adani probe to CBI, fully backs SEBI

SC refuses to transfer Adani probe to CBI, fully backs SEBI

Rediff.com3 Jan 2024

In a significant win for the Adani group, the Supreme Court on Wednesday refused to transfer the probe into allegations of stock price manipulation by the Indian corporate giant to a special investigation team or the CBI, saying market regulator SEBI was conducting a "comprehensive investigation" and its conduct "inspires confidence".

'Govt won't privatise GIC Re at this stage'

'Govt won't privatise GIC Re at this stage'

Rediff.com5 May 2024

'Because it is the only public sector company in this sector, currently.'

How The Heat Wave Will Affect Your Kitchen

How The Heat Wave Will Affect Your Kitchen

Rediff.com2 May 2024

Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.

T20 WC: Focus on pitch as India take on wounded Pakistan

T20 WC: Focus on pitch as India take on wounded Pakistan

Rediff.com8 Jun 2024

A confident and well-adjusted India would look to capitalise on an unpredictable Pakistan during Sunday's T20 World Cup match.

Review plea filed against SC verdict on Adani-Hindenburg row

Review plea filed against SC verdict on Adani-Hindenburg row

Rediff.com13 Feb 2024

The petition claimed there were "mistakes and errors" in the judgment, and in light of certain new material that had been received by the counsel for the petitioner, there were sufficient reasons for a review of the verdict.

BSE calls off merger of GIFT City unit with NSE

BSE calls off merger of GIFT City unit with NSE

Rediff.com24 May 2024

The stock exchange BSE has called off the merger of its unit at the Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC), India International Exchange (India INX), with NSE International Exchange (NSE IX), a similar unit floated by rival National Stock Exchange (NSE), according to sources familiar with the development. BSE and NSE had been in discussions for the merger for over a year, but it has yielded no results, they said.

Over 130 schools in Delhi-NCR get bomb threat; IS angle suspected

Over 130 schools in Delhi-NCR get bomb threat; IS angle suspected

Rediff.com1 May 2024

The Delhi Police said it has conducted a thorough check of all schools that received the bomb threat but found nothing.

Jefferies stays bullish on PSU stocks: SBI, Coal India, NTPC lead the way

Jefferies stays bullish on PSU stocks: SBI, Coal India, NTPC lead the way

Rediff.com22 Feb 2024

Notwithstanding the recent sharp decline in the stocks of public sector companies, analysts at Jefferies remain bullish on this segment. State Bank of India, Coal India, and NTPC are their top picks in this space, they said in a recent note. The public sector undertaking (PSU) or state-owned enterprise (SOE) index, with a 70-percentage-point outperformance versus the National Stock Exchange Nifty50 over the past 12 months, comes after a decade of underperformance before 2020.

For What Duration Must I Invest?

For What Duration Must I Invest?

Rediff.com5 Apr 2024

Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.

No govt committee to probe Adani, Lok Sabha told

No govt committee to probe Adani, Lok Sabha told

Rediff.com13 Mar 2023

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.

Uncle Sam's Dollar Ponzi Scheme

Uncle Sam's Dollar Ponzi Scheme

Rediff.com12 Jul 2024

US's terrible political and economic leadership will ultimately cost the dollar its value. India must act early to avoid being dragged down, suggests R Jagannathan.

MFs Vs NPS? What Suits YOU?

MFs Vs NPS? What Suits YOU?

Rediff.com3 Jun 2024

Ramalingam Kalirajan explains the pros and cons of both investment types.

What Funds Should You Invest In?

What Funds Should You Invest In?

Rediff.com20 Feb 2024

'Your decisions should not be driven by your view on the market, but by your objectives, risk appetite, and time horizon.'

Time to book profit now; buy when Nifty hits 16,000: BofA Securities

Time to book profit now; buy when Nifty hits 16,000: BofA Securities

Rediff.com12 May 2023

With the Nifty50 just about 3 per cent away from its all-time closing high of 18,812 points, analysts at BofA Securities suggest investors book profit. Their reasons for the advice include risks like the possibility of a cut in corporate earnings growth forecasts, high valuation (one-year forward P/E of 19.5x), interest rates staying elevated for longer-than-expected and credit tightening. Going ahead, they expect the Nifty50 index to drop to 16,000 levels - down nearly 12 per cent from the current level of 18,255 points, which they believe would be a good time to buy.