Capital market regulator SEBI will launch an investor education programme through short films, TV and radio commercials in English and regional languages. http://www.thehindubusinessline.com/markets/stock-markets/article2935464.ece
Investors in India may soon be able to take exposure to top stocks of Brazil, Russia, South Africa and China as BSE gets ready to launch derivatives contracts of benchmark indices of these countries. http://economictimes.indiatimes.com/markets/stocks/market-news/bse-sensex-futures-to-be-traded-on-brics-bourses-by-march/articleshow/11998628.cms .
In the first three quarters of the financial year 2011-12, more than 3 lakh active insurance agents have quit the profession. Insurance companies such as Life Insurance Corporation of India (LIC), ICICI Prudential and HDFC Life have seen mass exodus owing to lesser incentive to agents when compare with other similar sophisticated industries. http://economictimes.indiatimes.com/news/news-by-industry/jobs/exit-of-3-lakh-agents-puts-insurance-sector-at-risk/articleshow/11997738.cms .
In the first three quarters of the financial year 2011-12, more than 3 lakh active insurance agents have quit the profession. Insurance companies such as Life Insurance Corporation of India (LIC), ICICI Prudential and HDFC Life have seen mass exodus owing to lesser incentive to agents when compare with other similar sophisticated industries. http://economictimes.indiatimes.com/news/news-by-industry/jobs/exit-of-3-lakh-agents-puts-insurance-sector-at-risk/articleshow/11997738.cms .
The Securities and Exchange Board of India (Sebi) has further tightened advertisement norms for asset management companies (AMCs), putting greater responsibility for fair valuations on fund managers. In its latest amendment to regulations for the fund industry, Sebi has widened the definition of “advertisement” to include all forms of communications on behalf of an AMC, […]
The Securities and Exchange Board of India (Sebi) has further tightened advertisement norms for asset management companies (AMCs), putting greater responsibility for fair valuations on fund managers. In its latest amendment to regulations for the fund industry, Sebi has widened the definition of “advertisement” to include all forms of communications on behalf of an AMC, […]
Finance Minister Pranab Mukherjee on Saturday said the annual general insurance premium collection could double to Rs 1 lakh crore in the next three years on the back of rising insurance penetration and disposable income. http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/general-insurance-premium-may-double-to-rs-1-lakh-crore-by-15-says-pranab-mukherjee/articleshow/11942530.cms
Following concerted pressure from banks, the finance ministry has agreed to consider a proposal to reduce the lock-in period for bank deposit eligible for tax rebate to three years from five years, even though it goes against the spirit of the Direct Tax Code. http://economictimes.indiatimes.com/news/economy/policy/budget-2012-tax-rebate-on-3-year-bank-fds-likely/articleshow/11918800.cms .
Following concerted pressure from banks, the finance ministry has agreed to consider a proposal to reduce the lock-in period for bank deposit eligible for tax rebate to three years from five years, even though it goes against the spirit of the Direct Tax Code. http://economictimes.indiatimes.com/news/economy/policy/budget-2012-tax-rebate-on-3-year-bank-fds-likely/articleshow/11918800.cms .
The finance ministry is considering allowing individual foreign investors to directly buy corporate bonds issued by Indian companies, extending to debt a similar facility recently allowed for equity investments that could, in the long run, help deepen the country’s shallow bond market. http://economictimes.indiatimes.com/markets/bonds/budget-2012-finance-ministry-may-allow-foreign-investors-to-directly-buy-corporate-bonds/articleshow/11918634.cms .
