Month: November 2014

Beware of get-rich-quick tips

You might be bombarded with SMS advice, WhatsApp messages and online fast-money schemes. Here’s why you should avoid them           Read More

Make your will watertight

Registering it, making a video recording and removing ambiguities in drafting can help reduce chances of it being contested           Read More

40 years ago…And now: LIC – From Big Daddy to Big Brother

As a government-owned behemoth, Life Insurance Corporation managed to stay ahead of the competition when the sector was thrown open – but only with some painful changes           Read More

A rate cut would be against odds, but likelihood is rising

A rapid fall in crude oil prices has meant the RBI is a year ahead of its inflation-targeting schedule Read More

Mutual Fund: Nimesh Shah

Today, Nimesh Shah, managing director and chief executive officer, ICICI Prudential Asset Management Company, answers your questionsI am 65 and want to invest in mutual funds. But I have never invested in stocks. How should I go about it?It is a … Read More

Devangshu Datta: The market at RBI’s beck and call

The Reserve Bank of India’s policy review could send the market into orbit if there is a rate cut. Even if there isn’t one, the bull run may continue but with interim corrections Read More

Why Android Lollipop takes the cake

5.0 reasons to love the latest update for Android           Read More

Redmi Note: The pocket-friendly phablet

Even with a dated OS, Xiaomi’s first 4G compatible device is a performance beast           Read More

Sugar factories begin crushing operations

The harvested sugarcane is now being transported to the factories Read More

Drop in oil prices changing risk profile of Emerging Markets

Real GDP is now expected to be 5.4% in 2014 up from 4.7% expected in June. Indonesia is the only other Suspect Seven expected to grow by over 5% . Read More

Oil’s plunge triggers panic selling in Gulf

Gulf stock markets plunged on Sunday after OPEC’s decision to keep crude output unchanged sent oil prices tumbling at the end of last week. Read More

DLF focuses on fashion, food & entertainment for upcoming mall

DLF has decided to shift focus in its new mall — one of the biggest in India — to other categories like upmarket fashion, food and entertainment.           Read More

Bourses to maintain PAN database of all listed cos’ promoters

Stock exchanges may soon be asked to maintain a database of Permanent Account Number (PAN) of all promoters of the companies listed on their platforms Read More

CERC gives more time to FTIL for completing IEX stake sale

CERC has given Financial Technologies time till January 4 to comply with its directive to complete sale of its entire stake in Indian Energy Exchange. Read More

Sebi to launch consultation for promoter reclassification

Sebi is launching public consultation for framing rules to allow re-classification of promoters at listed firms looking to become public shareholders Read More

Mauritius emerging as largest FDI source with $4 bn inflows

Mauritius is again emerging as the largest source of foreign direct investment (FDI) in India, accounting for an inflow of USD 4.19 billion in the April-September period. According to official data, the inflow of foreign investment from Singapore … Read More

Boost demand of Shariah-compliant MFs by giving tax relief: Experts

To boost the demand for Shariah compliant mutual funds in the country, government should provide income tax relief on investment in such products along the lines of equity linked savings schemes (ELSS), experts have said. Shariah laws prohibit one … Read More

Sebi, OECD to organise international conference in February

Capital market watchdog Sebi along with Paris-based think tank OECD plans to organise an international conference on emerging trends in financial consumer protection in February next year Read More

Cybercriminals target telecom firms in India, other nations with Regin

Regin — to penetrate and monitor GSM networks in India and other countries including Pakistan, Brazil, Germany and Russia, security researchers have said.           Read More

Auto industry pitches for continuation of excise duty relief

Car makers have asked the government to extend excise duty relief, which is ending on December 31, saying removal of this incentive could push the industry into a negative territory. The government had cut excise duty on cars, SUVs and two-wheelers …           Read More

FMC to soon introduce call auction

There were some complaints that prices are being manipulated while determining the final settlement price in a commodity futures contract Read More

Indo-US poultry case: India may challenge WTO panel ruling

India is likely to challenge a WTO panel’s ruling which had described the country’s ban on American poultry product imports as inconsistent with global norms.           Read More

Top 7 cos add Rs 47,365 crore in m-cap; SBI, Infosys shine

The combined market valuation of top seven Sensex companies surged Rs 47,365 crore last week with SBI and Infosys emerging as big gainers. Read More

RBI policy to set tone for markets; volatility on cards: Experts

Volatility is on the cards next week as stock markets take cues from the much-awaited RBI policy meet, developments in Parliament and economic indicators, including monthly auto sales, say experts. Shares, which have logged new highs in the past … Read More

FPI inflows hit $4 bn in November; reach $40 billion so far in 2014

They are pouring funds into Indian markets on the hopes of speedy economic growth and cut in interest rates as inflation has declined. Read More

Companies raise Rs 5,000 crore via rights issue

Fund raising through rights issue has crossed the Rs 5,000 crore mark this year, indicating growing traction among domestic firms to mop-up capital via this route. Read More

Sebi asks Kolkata firm to refund Rs 595 cr with 15% interest

NVD Solar was found raising money during 2012-13, without complying with the regulatory provisions applicable for a public issue. Read More

NSE to auction FII limits for Rs 3,161 cr govt debt tomorrow

Unutilised debt investment limits for foreign investors need to be auctioned on an exchange platform when the aggregate reaches or breaches 90% of the limit. Read More

FPI inflows hit $4 bn in Nov; reach $40 bn so far in 2014

They are pouring funds into Indian markets on hopes of speedy economic growth and cut in interest rates as oil prices have dropped and inflation has declined. Read More

Institutions spoil Mallya’s party

Shareholders defeat most special resolutions at USL’s EGM; Diageo-USL integration pushed by at least two months; Firm likely to rework agreements and seek approval again           Read More

Slew of changes to financial sector laws in offing: Jaitley

Model Indian financial code for consumer protection, appellate tribunal to hear appeals against ruling of regulators may be on cards           Read More

Bollywood eyes a box office beyond the Great Wall

Indian producers customising films, tying up with local distributors to tap the $4.9-bn Chinese market           Read More

An epic handshake that salvaged the Kathmandu Saarc summit

Much was made of the handshake between the prime ministers of India and Pakistan on the final day of the summit, causing the Kathmandu town hall, the venue of the meeting, to break into applause           Read More

Compensation model for cancelled coal mines settlement

The government will adopt a compensation model to settle the claims of stakeholders in the coal mines, whose allocation was recently cancelled by the Supreme Court. The mines will be up for fresh bidding through the e-auction route.The bidding …           Read More

Private investment essential for smart cities: top official

Says urban development ministry is in the process of finalising the guidelines for private participation           Read More

New foreign trade policy will come when time is right: DGFT

Says new policy will focus on ease of doing business, simplification of procedures and reduction of paperwork           Read More

Falling oil prices, gold import ease to cushion trade deficit

However, fall in exports may limit narrowing of deficit; analyst says crude and gold impact happened after end of H1           Read More

Party may soon turn dim for refineries

As winter demand tapers, the situation could become worrying for refineries, as no significant increase in demand has been seen           Read More

Amit Shah to sound the bugle for 2016, says BJP

Lashing out at the Trinamool Congress regime for allegedly trying to stop BJP president Amit Shah’s rally on Sunday in the city, the party’s national secretary Siddharth Nath Singh on Saturday said Shah would sound the bugle for the 2016 Assembly …           Read More

Govt developing online platform to track paramilitary forces

A software will allow the ministry to keep a tab on the deployment of forces, staff strength, vacancies etc of the forces on a real-time basis           Read More

Modi favours privatisation of railway stations

Prime Minister Narendra Modi on Saturday said it was time India’s railway stations were privatised and modernised. “Railway facilities (today) are the same as they were 100 years ago… Privatise the railway stations and modernise them,” he said …           Read More

Green law to subsume existing authorities mooted

The proposed law will also do away with all existing authorities created under the Environment Protection Act, 1986           Read More

Probe panel blames district admin, police for Patna stampede

A probe into the Patna stampede that killed 33 people, mostly women and children, during Dussehra celebrations two months ago, has found that the failure of the administration and the police led to the tragedy of this magnitude.The stampede took …           Read More

Congress falls back on social media after being ‘blanked out’

Ajay Maken, in charge of the Congress’ communications, has of late been tweeting with a hashtag “Thnx #Twitter”. Prefixing all his 140-character messages with this hashtag, he tweets, “As no channel is showing @INCIndia: Snapshots: Rahul Gandhi’s …           Read More

Blackmoney: CBDT orders probe against realty firms

The Central Board of Direct Taxes (CBDT) has ordered an income tax (I-T) department investigation against a number of real estate developers who were recently shown by an investigative portal to be willing to accept alleged black money in property …           Read More

IDBI Bank to ramp up presence in rural, semi-urban areas

Says bank is using the Securitization Act to recover funds           Read More

Free fall in oil price underscores shift away from Opec

Since the economically crippling oil embargo of 1973, every American president has pledged to seek and achieve energy independence.That elusive goal may finally have arrived, at least for the foreseeable future, with the failure of Saudi Arabia and …           Read More

Talmiz Ahmad: Why the Gulf is still confident about oil revenues

OPEC just decided not to cut output, but the Gulf is looking forward to the 2020s, and the decline of shale           Read More

Nicotine without death

Cigarette smoking among high school students dropped to 12.7% in 2013, the lowest ever, but the use of e-cigarettes tripled during those same two years, and stood at 4.5%           Read More

Premvir Das: Making defence in India

Building ships, tanks, aircraft and heavy guns is not just some ordinary manufacturing skill that can be acquired easily. We have to go about this technology-intensive activity in a carefully calibrated way           Read More