Business

Sebi harsh with defaulters and I don’t regret that, says U K Sinha

By Selene 0
Mumbai: Outgoing Securities and Exchange Board of India (Sebi) chief U. K. Sinha on Monday said the regulator has been justly “harsh” with those threatening the integrity of capital markets and he doesn’t feel shy about saying that. Sinha, whose six-year tenure as chairman of the Sebi will end on 1 March, also said that Read More

Who can file tax returns under presumptive taxation scheme

By Selene 0
If you are planning to opt for the presumptive taxation scheme (PTS) to file your tax return from the next assessment year (AY), AY2017-18, make sure you pay the entire advance tax by 15 March. Businesses and professionals who opt for PTS are not required to maintain books of account. Besides that, one can pay Read More

Compulsory annuitization and NPS

By Selene 0
The National Pension System (NPS) mandates that subscribers must use at least 40% of the maturity corpus to buy an annuity product. We ask experts in the industry if this rule should stay or be changed Sandeep Shrikhande, CEO, Kotak Mahindra Pension Fund Ltd The vision statement of the Pension Fund Regulatory and Development Authority Read More

Mutual fund turnover ratio

By Selene 0
Last Modified: Mon, Feb 27 2017. 05 26 PM IST A scheme’s turnover ratio tells you how frequently its fund manager buys and sells the underlying stocks iStock More From Livemint First Published: Mon, Feb 27 2017. 05 26 PM IST Source: Livemint.com Read More

Doubts over merger of London Stock Exchange, Deutsche Boerse

By Selene 0
London: The London Stock Exchange’s merger with Deutsche Boerse has been thrown into doubt after the LSE decided it couldn’t comply with last-minute conditions imposed by European regulators. The deal, announced almost a year ago, would have created a company worth $ 30 billion in which the German financial exchange would own a 54.4% stake. Read More

Gold prices fall by Rs50 on weak global cues

By Selene 0
New Delhi: Gold prices slipped by Rs50 to Rs30,125 per 10 grams at the bullion market on Monday tracking a weak trend overseas and slack demand from local jewellers. However, silver advanced by Rs80 to Rs43,880 per kg on increased offtake by industrial units and coin makers. Traders said that besides a weak trend overseas, Read More

What makes core inflation sticky?

By Selene 0
The answer to this question was actually given by former governor of Reserve Bank of India (RBI) D. Subbarao four and a half years ago. Battling a runaway rise in prices at that time, Subbarao had said, “Twenty years ago, when I had a thick mop of hair, I used to pay Rs25 for a Read More