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About 66 results for "uttam ghosh money"

Why are these 500,000 people under I-T scanner?
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Why are these 500,000 people under I-T scanner?

This is in addition to 60,000 identified under Operation Clean Money 2.0 Illustration: Uttam Ghosh/Rediff.com The income tax (I-T) department has identified 556,000 people for scrutiny over “huge inconsistencies” in the cash deposits made during the demonetisation period. This is the new addition to the tax data that had identified 60,000 people for investigation into claims of excessive cash sales under the department’s Operation Clean Money phase-II. “The identified ... Rediff.com, 6 days ago
Are you eligible for this new tax scheme? Rediff.com, 1 month ago
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How not to lose money in stocks

Overcome greed and rebalance your portfolio.Joydeep Ghosh speaks to experts.Illustration: Uttam Ghosh/Rediff.com Equity investing is exciting, especially when the stock markets are on a roll. And it is a rather difficult task to sell stocks or equity mutual funds (MFs) when these are rising consistently. Rajesh Chand, a Kolkata businessman, recalls his close call in the stock market. In January 2006, when Aban Offshore was trading at around Rs 580 per share, his father gifted him 200 shares of ...
 Rediff.com1 month ago
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PSU banks fail to push mutual funds

Some of the public banks showed improvement; much more still needs to be done Illustration: Uttam Ghosh/Rediff.com India's public sector banks (PSBs) have continued to lag behind their private peers when it comes to selling mutual funds (MFs) to investors. Despite having a huge branch network across the country - more than half of which are in the rural and semi-urban regions - state lenders appear not excited to do a serious MF distribution business. It is worth to note that the MF sector has ...
 Rediff.com1 week ago CAs, bankers in a rush to pass insolvency exam  Rediff.com2 weeks ago Why home loans are set to get cheaper  Rediff.com1 month ago
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Fund managers struggle to beat red-hot market

Fund managers have been advising investors not to keep their return expectation higher Illustration: Uttam Ghosh/Rediff.com India’s popular equity mutual fund (MF) schemes are increasingly coming under pressure when it comes to benchmark-beating returns for investors. With the benchmark indices soaring 20 per cent this year, few actively managed schemes have managed such a return. Those that have include HDFC Equity and HDFC Top 200, both managed by Prashant Jain, chief investment ...
 Rediff.com6 days ago
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Is the minority shareholders of stressed companies getting a raw deal?

Close to a million small shareholders have stake in nine NCLT-bound companies Illustration: Uttam Ghosh/Rediff.com The Securities and Exchange Board of India (Sebi) has extended a helping hand to the Reserve Bank of India (RBI) in the war on stressed assets by relaxing a couple of regulations to enable a turnaround of distressed companies. After representations that the pricing and open offer obligations might put off potential investors in these companies, Sebi in its board meet recently ...
 Rediff.com2 weeks ago It's raining bonus shares for investors  Rediff.com2 months ago
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Sensex salutes GST with 300-point rise, Nifty ends above 9,600

The S&P BSE Midcap and the S&P Smallcap indices rallied over 1% each Illustration: Uttam Ghosh/Rediff.com Extending gains for the third straight session, the benchmark indices rose nearly 1% as consumer goods makers such as ITC surged on hopes the newly implemented Goods and Services Tax (GST) would reduce retail prices and boost sales. The S&P BSE Sensex settled the trade at 31,221, up 300 points, while the broader Nifty50 ended at 9,615, up 94 points. In the broader market, the ...
 Rediff.com2 weeks ago
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Save money buying policies etc online

Sanjay Kumar Singh tells you what to watch out for when buying insurance and investing in MFs online.Illustration: Uttam Ghosh/Rediff.com Sample this: Life Insurance Corporation of India's e-Term policy's annual premium is Rs 23,861. The same policy, called Jeevan Amulya, bought offline will cost Rs 38,640 a year. Clearly, there is a huge benefit if policies are bought online. But online sales account for only a small proportion of the total policies sold by insurance companies. In case of ...
 Rediff.com2 months ago What's the best family health insurance?  Rediff.com2 months ago
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Markets end at record highs: Sensex above 31,700

Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex Illustration: Uttam Ghosh/Rediff.com Bulls tightened their grip on the market with frontline indices ending at all time closing high backed by surge in technology, telecom and realty stocks. S&P BSE Sensex ended over 31,700 for the first time ever. The index settled at new closing high of at 31,715, up 355 points for the day. Nifty50, on the other hand, also achieved new milestone even ...
 Rediff.com1 week ago
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4 rules to make money in a bull market

'A fund investor could pick, say, three of the top active funds in any given category,' says Devangshu Datta.Illustration: Uttam Ghosh/Rediff.com How do you invest when the market is trading at all-time highs? Value Research did a study recently on mutual fund returns, between January 2008 and May 2017, to address this question. January 2008 was a multi-year market peak. It was followed by a bear market, another bull market and another bear market before the present bull market started, some ...
 Rediff.com2 weeks ago
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Small savings rates slashed by 0.1%

Since April 2016, interest rates of all small saving schemes have been recalibrated on a quarterly basis. Illustration: Uttam Ghosh/Rediff.com The government has lowered interest rate on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi by 0.1 per cent for the July-September quarter, a move that will prompt banks to lower deposit rates. The rates have been lowered by 0.1 per cent across the board compared to the April-June quarter. However, interest on savings deposits has ...
 Rediff.com2 weeks ago
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