With high volatility in the equity and currency markets, the Government aims to set up an empowered ‘Crisis Management Group’ for the financial markets. This group is likely to take shape on December 8, when the sub-committee of the Financial Stability and Development Council (FSDC) will meet http://www.thehindubusinessline.com/industry-and-economy/article2687100.ece
Indian hold over $950 billion of gold: Macquarie India’s innate fascination with gold continues as Indian households hold gold worth over $950 billion which in turn is around 50 per cent of the country’s GDP in dollar terms, says a report http://economictimes.indiatimes.com/markets/commodities/indian-households-hold-over-950-billion-of-gold-macquarie/articleshow/10978409.cms
The Indian private equity (PE) investment market has proved itself to be unlike any other. While the industry itself has seen changes in the ways it’s being viewed by global investors — from being “interesting” a decade ago, to “must have” five years ago, to “looking at it cautiously” nowadays — returns from the Indian […]
It is a measure of how bad things are on Dalal Street – stockbrokers catering to the institutional segment have salaries by 20 per cent for the second time in the last six months. “This is our second salary cut for 2011 as revenues are down and there is no other business to turn to,” […]
The Securities and Exchange Board of India (Sebi) has appointed K V Kamath, chairman of an advisory committee for the regulator’s Investor Protection and Education Fund (IPEF). The committee will be responsible for advising Sebi on “investor education and protection activities that may be undertaken directly by the (Sebi) board, or through any other agency, […]
Debt mutual funds are in the limelight. With a majority of equity schemes losing money for investors over the past year, the debt category has emerged as a safe haven, due to the predictability of returns amid a high interest rate scenario. http://www.business-standard.com/india/news/big-investor-shift-to-debt-mf-schemes/457177/
Mr Akshay Agrawal, Managing Director, Acumen Capital Market India Ltd, has stressed the need to create more awareness among the public to invest in capital markets, as India’s exposure to stocks in only a meagre 1.25 per cent against 35-40 per cent in developed economies. “This is one of the lowest in the world as […]
Indians have emerged as the second most confident people about their economy, across the world, on account of higher consumption and increased foreign investment, according to a report by research firm Ipsos. The report said that India’s economic confidence grew by 6 points to 75 per cent in October compared to the previous month, becoming […]
The government today said gross collections under various small savings schemes of the Indian Post increased by about 9 per cent to Rs 2,74,720 crore in 2010-11 in comparison to the previous year. “The gross collection under various small savings schemes during 2009-10 and 2010-11 were Rs 2,50,931 crore and Rs 2,74,720 crore (provisional), respectively,” […]
PPF account holders, small depositors and persons keeping money in the schemes operated by post offices, will get higher rate of return from December 1, 2011. The Government today notified increase in interest rates on public provident fund (PPF) to 8.6 per cent from 8 per cent now, and also raised ceiling on annual contributions […]
