“The fall in the market has made stocks cheap compared to their current fair value which made us increase equity allocation,” says Vinay Paharia, chief investment officer, Union Mutual Fund.
Investors say peer to peer (P2P) cos will see inflow of capital, similar to what has been happening globally.
The IPQ is essentially the degree to which Indians feel protected from future uncertainties on a scale of 0 to 100, based on attitudes, mental preparedness about uncertainties, awareness and ownership of life insurance products, including term, endowment plans and ULIPs.
A bill to provide an opportunity to taxpayers to settle their tax disputes by paying just due taxes with complete waiver of interest and penalty by March 31 was approved by Lok Sabha on Wednesday.
As per the plan, United Bank of India and Oriental Bank of Commerce would merge with Punjab National Bank, making the proposed entity the second largest public sector bank. Syndicate Bank will be merged with Canara Bank, and Allahabad Bank with Indian Bank. Similarly, Andhra Bank and Corporation Bank are to be clubbed with Union Bank of India.
The Supreme court ruled that the curbs on cryptocurrency trading was illegal.
The Banking Regulation (Amendment) Bill, 2020, which comes in the backdrop of PMC Bank scam, seeks to strengthen cooperative banks by increasing professionalism, enabling access to capital, improving governance and ensuring sound banking through the RBI. Introducing the bill, Sitharaman said it is the "need of the hour" to avoid a PMC Bank-like crisis in the future.
The volatility indices have seen a sharp spike to multi-year highs in recent times.
Experts said that the dept is pushing taxpayers to settle but govt says that it’s only 'encouraging' them to do so.
While organisations will have to look for innovative nudges to ensure that employees save voluntarily, it will also create a complex task at hand while negotiating for a better rate for these benefits with the vendors.
The relaxation is extended for 30 days from February 14, 2020, these 30 fee plazas have been allowed to operate up to 25 percent of all fee lanes as hybrid (cash plus FASTag) lanes during this period.
Current wholesale prices of branded soyabean and palm oil are Rs 78 a litre.
The proposed tax framework in the Budget 2020 could also bring the proposed REITs including K Raheja; Blackstone , Brookfield and Prestige Estates, to a grinding halt.