AGENCY Mumbai: The Government is issuing newly designed PAN (Permanent Account Number) cards that have added security features to make them tamper-proof and with contents written in both Hindi and English, a senior Income-Tax Department official said on ... State Times, 1 month ago
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Government holds stake in 51 companies, both listed and unlisted, through the Specified Undertaking of Unit Trust of India, or SUUTI. Of these, 43 companies are listed on the stock exchanges and eight companies are unlisted. But government enjoys notable ...The Financial Chronicle, 2 weeks ago
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record,' says Tinesh Bhasin.Illustration: Dominic Xavier/Rediff.com With leadership positions changing every few years, betting on their past performance is not the best strategy If you were to choose between a mutual fund (MF) that gave 24 per cent annualised returns for 20 years and a ...Rediff.com, 3 weeks ago
Since the advent of time, humans have had an unbridled desire for money. And, one theatre of man's avarice is the trading ring. Hence, market lore never ceases to amaze. As a bull who reported on his first IPO press conference and made his first market ...The Financial Chronicle, 1 month ago
'I expect a demand stimulus in the Budget."'There has been such a shock to the economy that such a stimulus would be needed.'Illustration: Uttam Ghosh/Rediff.com Leo Puri, managing director, UTI Mutual Fund, tells Sheetal Agarwal that the effects of demonetisation should wear out by March. What is your outlook for 2017? It will be a better year for the equity markets. Though demonetisation has deferred earnings, that is a deferral of demand and not destruction. This deferral could be ...Rediff.com, 1 month ago
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts. Capital market regulator Securities and Exchange Board of India is set to allow purchase of mutual fund units through digital wallets and electronic payment applications. The move comes at a time when online payments are getting a huge push by the government as part of a strategy to steer towards a more digital and less-cash economy. Although most ...Rediff.com, 1 month ago
The strategic sale programme pursued enthusiastically by the previous NDA government led by Atal Bihari Vajpayee was put in the cold storage by the UPA soon after it came into power in 2004. The Modi government has revived the strategic sale idea after 12 ...The Financial Chronicle, 1 month ago
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