26/08/2020
Delayed GST payment: Interest to be charged on net tax liability from September 1
The industry had earlier this year raised concern over the directive of recovery of about Rs 46,000 crore of unpaid interest on delayed GST payment. The interest was charged on gross tax liability.
27/07/2020
Mindspace Business Parks REIT IPO kicks off: Here's what analysts say
Mindspace Business Parks REIT is looking to raise up to Rs 1,000 crore through issuance of fresh units and up to Rs 3,500 crore through an offer for sale.
23/07/2020
SGX Nifty up 20 points; here's what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 18.5 point, or 0.17 per cent higher at 11,148.50, in signs that Dalal Street was headed for a positive start on Thursday.
17/07/2020
Quantum Mutual Fund: Value investing can never be dead, says Jimmy Patel of Quantum Mutual Fund - The Economic Times
The value Investing theme has not been able to generate value or build wealth for investors effectively, particularly over the last few months.
17/07/2020
Gold prices today rise marginally but stay below Rs 49,000-mark - The Economic Times
Gold prices declined by Rs 32 to Rs 49,986 per 10 gram in the national capital on Thursday amid a weak global trend, according to HDFC Securities. Silver also fell by Rs 124 to Rs 53,810 per kg.
16/07/2020
Fresh capital to provide stability to Indian banks in rocky times: S&P - The Economic Times
Appreciating the decision of Indian banks to raise fresh capital, S&P Global Ratings on Tuesday said the move will provide stability to the institutions during these rocky times and help them withstand the economic slump amid the Covid-19 pandemic.
16/07/2020
Indians pawning gold lifts lender’s shares in reeling economy - The Economic Times
Indian households, among the worlds biggest hoarders of the commodity, have been pawning gold ornaments with lenders like Muthoot to tide over a cash crunch as the pandemic led to job losses and a credit crunch. The long-standing practice has proved a win-win for all involved as gold prices surge...
14/07/2020
Best corporate bond mutual funds to invest in 2020 - The Economic Times
As per Sebi norms, corporate bond funds have the mandate to invest at least 80% of their corpus in the highest-rated corporate bonds. That means these schemes would invest most of their corpus in corporate bonds that are rated AAA.
14/07/2020
Equity mutual funds are struggling to keep up with market: 8 schemes that have beaten the index - The Economic Times
When the markets are rising, it is reasonable to expect actively managed equity funds to extract some extra juice for investors. However, this time most equity funds have struggled to keep pace with the indices.
14/07/2020
India earnings revision trends worse than peers, says Morgan Stanley - The Economic Times
In a note dated July 9, Morgan Stanley noted that Indian equities are struggling to beat emerging market equities. They have seen a significant de-rating and are trading close to all-time low relative valuations, said Morgan Stanley.
09/07/2020
Equity fund inflows fell sharply in June, shows Amfi data
Economic disruptions caused by the Covid pandemic seem to have started impacting the mutual fund industry. Extended lockdowns, job loss and pay cuts have adversely impacted the inflows into various mutual fund categories, shows data from Association o mutual funds in India or Amfi.
09/07/2020
Buffett dropping down world’s richest ranks as tech titans surge
Buffett may welcome signs his gifts are shrinking his fortune.