It is not clear as to whether we are in a bubble in technology stocks. What is clear, however, is that there is no reason why this potential bubble will pop anytime soon, notes Akash Prakash.
In the first half of the fiscal year, government had borrowed Rs 3.44 lakh crore.
One category which stands out is fixed maturity plans due to its tax benefits, notes Prateek Mehta, CEO and company-co-founder, Upwardly.in.
IndusInd Bank was down nearly 1% even after it reported a 21% rise in its fourth-quarter profit
What are the tax implications of investing in gold bonds issued by the State Bank of India? Is there any tax liability associated with investing in gold? Read on to find out.
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The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
Brown is transforming ideas about what the next generation is capable of
This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.
Subrata Roy was arrested in March 2014 after the company failed to comply with a court order to refund money raised from millions of small investors by selling them bonds later ruled to be illegal.
'Despite uncertainties around demonetisation and the GST, we expect Indian equities to deliver positive returns.'
But the 30-share Sensex rose by 141.52 points, or 0.41 per cent, to close at 34,297.47. The broader NSE Nifty gained 44.60- points, or 0.42 per cent, to end at 10,545.50 after touching a high of 10,618.10.
The rupee had rebounded 15 paise to close at two-week high of 61.77 against the dollar at the Interbank Foreign Exchange on Friday.
If the property is inherited from one generation to another, the person who inherits it cannot pass it on as s/he wishes, points out Rajesh Narain Gupta, managing partner, SNG & Partners.
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RBI's forex swap window for oil marketing companies addresses an urgent issue but what happens when the dollars have to be returned?
Two successive reports, one by Percy Mistry in 2007 and the other by Raghuram Rajan in 2008 had provided the RBI and the finance ministry with blueprints of what to do next. Both reports, unfortunately, was put on ice. The global meltdown saved the RBI. It also saved the finance ministry from having to work on the two reports.
Sebi suggested Roy be allowed to step out of Tihar jail for a few hours every day to negotiate the sale of his foreign properties over video conference.
'If credit is not available, people will postpone buying. That's what has happened.'
The deal will provide Suzlon with much needed liquidity.
'We are opening stores in towns that are unheard of where the attachment to jewellery is strong and accompanied by the Tata brand pull.'
The Ministry of Finance's Directorate of Enforcement should also be made a part of the state-level coordination panels,
'More a show that you are doing something in the Budget even if that something never actually comes to pass,' notes Nitin Desai.
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
Hopes of revival and earnings growth in 2020, surprise tax cuts, and robust foreign flows - thanks to easy global monetary policies - are a few reasons why the markets have managed to digest the low GDP footprint. Select bluechips such as Reliance Industries, Bajaj Finance, Asian Paints, and ICICI Bank have gained sharply this year. On the other hand, YES Bank, Zee Entertainment, and Indiabulls Housing have seen a sharp fall.
The Reserve Bank of India said on Saturday several states would not borrow more than the Rs 14151 crore (Rs 141.51 billion) set to be raised in the next few weeks for the current financial year ending March 2003.
Any move by India to join the US navy for jointly patrolling the disputed South China Sea will be against its national interest, would divide Asian countries and further escalate regional tensions, a state-run Chinese daily said on Friday.
The Association for Democratic Reforms slams the Budget proposals on political funding, says they lack teeth and show the "lack of political will" in proposing real reforms.
'At this time, staying in the game is more important.' 'If we do that, then wealth can be generated.'
Nearly two-thirds of India's gold demand comes from rural areas where jewellery is a traditional store of wealth for millions who have no access to the formal banking system.
said its consolidated net profit has gone up by 7 pc to Rs 3,708 crore while total income in the October-December quarter rose 8.3 pc to Rs 18,093 crore.
Board has also accepted the resignations of Marans.
Right steps you can considerably reduce the tax outgo.
Gold schemes are offering attractive returns to investors.
The move, which could come as a surprise to many investors, was a nod to better prospects for economy and labor market
Given its features as a retirement product (long lock-in and compulsory annuitisation), investors should have other investments they can fall back on in case they need funds
However, the IT firms will get some benefits, as software exports from their Chinese campuses will yield more in local currency
Sebi had given an extension last year for PSUs to meet 25% minimum public shareholding rule
Appearing on Rediff Chat, G Srikanth, partner in GSV Associates, Chartered Accountants, Chennai, and member of the Institute of Cost and Management Accountants, answered readers' queries on the Goods and Services Act.
