India finalised a free trade agreement with the UK, its 16th so far as the country aimed at boosting bilateral trade and investments. The other regions and countries with which India has signed such agreements include the four-nation European bloc EFTA, Japan, Korea and Australia.
Your AMC shuts shop. Panic? Wait. What happens next isn't what most fear.
Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. The earnings momentum looks set to continue. Good fund performances have thus led to AMC earnings upgrades although valuations are high. Recent market performance and net flow trends have led to earnings upgrades by between 3-8 per cent for FY25-27.
The Securities and Exchange Board of India (Sebi) plans to roll out a new regulatory framework for registrar and transfer agents (RTAs) - the market intermediaries responsible for the record-keeping of bondholders and shareholders after a company offers securities to the public. The markets regulator, sources said, is considering a multifold increase in net-worth requirement, a move that may dissuade companies from having in-house RTAs for record-keeping. At present, the minimum net worth required for RTAs is Rs 50 lakh and Rs 25 lakh in categories I and II, respectively.
Dwaipayan Bose simplifies the whys and hows of revisiting your financial goals
"Against the backdrop of accelerating regional economic integration in Asia, the two sides agree to explore the possibility of commencing discussions on a mutually beneficial and high-quality regional trading arrangement that meets the common aspirations of both countries and will also benefit the region," according to a declaration issued after a meeting of Prime Minister Manmohan Singh and Chinese premier Wen Jiabao.
The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.
Afghan President Ashraf Ghani speaking at a ceremony after Eid prayers slammed the Taliban saying that they have 'no will for peace'.
Regarding the applicability of stamp duty on redemption of mutual fund (MF) units, Sebi said, "Redemption is not liable to duty as it is neither a transfer nor an issue nor a sale." However, switching in mutual fund would attract stamp duty. "The issue of fresh units in the switched scheme would attract stamp duty even though there is no physical consideration paid or transfer of ownership," Sebi said.
A 67-year-old Indian visitor was stopped from entering the Dubai Metro, apparently for wearing a traditional Indian dhoti.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
Determination of rates will no longer be an exercise behind veils where the Railways and the users could only peep covertly at what was happening on the other side.
The first step you need to take is link your mobile number to Aadhaar.
Amid record bilateral trade, China and India have reached "consensus" on goods and services trade, investment and facilitation of investment and economic cooperation as part of their proposed Regional Trading Agreement (RTA).
Investors should keep updating their personal and bank details with fund houses. They should also opt for the auto-pay facility so that the dividend proceeds get credited into their account directly, advises Bindisha Sarang.
The government is expecting to connect small towns with main metros through its Regional Connectivity Scheme
Customers need to weigh whether they will be better off selling their mutual fund holdings or taking a loan against it.
A select 12 matches will also be broadcast in Malayalam via Asianet Plus.
The state governments of Karnataka and Maharashtra have also moved to exert more control on app-based taxi aggregators.
Priya Nair finds out how investors of mutual funds, shares, unclaimed bank deposits, insurance policies can redeem long-forgotten investments.
'India has to ensure its borders are properly sealed and there is no infiltration from PoK.
After driving autorickshaws and BMWs, Telangana native Vankadarath Saritha has become the first woman to hit the Delhi roads as a DTC driver.
'Not one single, but multiple trials are there to quote. However, these will be published as scientific manuscripts.' 'This includes integrative as well as standalone approaches in Covid mitigation.'
Railways had earlier hiked the freight rate by 5.7 per cent in April while linking the fuel adjustment component with goods tariff. FAC is linked with fuel and energy prices and calculated accordingly.
Of 194 entities thrown off the exchange, BSE doesn't have promoter names or addresses for 168 firms; yet it has ordered all promoters to buy back shares