Small investors often look for a number of investing options for wealth creation. For long term investors, there are such options as equity investment, mutual funds and bonds. Conservative investors, meanwhile, tend to opt for fixed-income instruments such as fixed deposits (FDs), debt mutual funds and small savings schemes, also known as post office savings … Read more
The government will enable pooled private equity fund structures through VCCs, a system popular in tax-friendly jurisdictions such as Singapore and Mauritius. Mint explores the details of VCCs and how they are likely to be attractive to overseas investors. What are variable capital companies? Unlike typical funds where investors share risks and rewards uniformly, a … Read more
A tropical storm with near hurricane strength winds and life threatening storm surges is expected to crash into Florida’s Big Bend area on the northern Gulf Coast shoreline by Monday morning, the National Hurricane Center said. The storm was still a broad, sloppy system on Saturday, shoving off Cuba’s northern coast and whipping up rain … Read more
Whether you are an early investor or a veteran, learning the basics of investing requires a long practice, failures, disappointments and success as well. Else, you can learn these from someone who has been there, and done that. They say that an average person learns from his mistakes, whereas a wise person learns from other’s … Read more
Budget 2024 was in line with the vision of building a self-reliant Bharat, focussing on the critical drivers that can propel the country to its next level of growth. The focus has been to keep the fundamentals strong, catalyse the pockets of opportunity, and not deflect from the fiscal glide path. Emphasising its efforts towards … Read more
The Securities and Exchange Board of India (SEBI) officials are set to protest at the Mumbai Head Office – SEBI Bhavan Bandra Kurla Complex (BKC) on Monday, August 5. NDTV Profit quoting anonymous sources on Saturday, August 3, that as many as 700 officers will be part of this protest. The official’s protest is fueled … Read more
NEW DELHI : Ahead of the Union Budget 2024-25, rumours were rife that tax on futures and options (F&O) would be increased to curb the increasing retail participation in the derivatives market. But while the Centre didn’t touch F&O, barring a nominal increase in securities transaction tax (STT), it increased tax on short- and long-term … Read more
In its first budget since returning to power with a reduced majority, the Bharatiya Janata Party-led government has made job creation a central focus, introducing financial incentives aimed at expanding formal-sector employment. Although the specifics of the three targeted schemes are still pending, they primarily offer financial benefits to both first-time employees and employers. Despite … Read more
Buy or sell stocks: Following weak global market sentiments, the Indian stock market snapped its five-day winning steak on Friday. The Nifty 50 index crashed 311 points and closed at 24,699. The BSE Sensex tanked 885 points and ended at 80,981, whereas the Bank Nifty index corrected 226 points and finished at 51,337. The global … Read more
MUMBAI : India’s markets regulator has devised a seven-point plan to regulate the growing tribe of financial influencers, said Kamlesh Varshney, full-time member of the Securities and Exchange Board of India (Sebi), at the FICCI’s 21st Annual Capital Markets Conference (CAPAM) on Friday. Varshney added that the plan has seven elements, including a mixture of … Read more