New Delhi: Despite global economic uncertainties, India's exports have increased from a total of 238 countries to 115 countries in FY 2023-24. This information has been obtained from official figures. According to data released by the Commerce Ministry, these 115 export destinations of India account for 46.5 percent of India's …
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Mutual fund holdings in NSE-listed stocks reach all-time high
Mumbai: In terms of holdings in stocks listed on the NSE, domestic mutual fund holdings have reached an all-time high, while the gap between the holdings of foreign institutional investors (FIIs) and domestic institutional investors (DIIs) has narrowed. A research firm's report says that it has reached its lowest level …
Read More »Stock market: Withdrawal of Rs 94 crore in March, inflow of Rs 2,209 crore in April
After the rise in the stock market in 2022-23, small cap and mid cap schemes of mutual funds became the center of attraction for small investors. However, SEBI expressed concern about the high prices of these stocks in the second half of February, 2024 and after the market started turning …
Read More »On weekly basis, Sensex closed down by 1.64 percent, Nifty closed down by 1.86 percent – News India Live
Indian stock indices closed with gains on Friday after falling for five consecutive sessions due to subdued value buying in the market led by favorable global factors and gains in stocks like ITC, Reliance and Bharti Airtel. However, due to the decline seen in the market in the first four …
Read More »Inclusion of foreign employees in PF is unconstitutional: Karnataka High Court
50 minutes ago Business 15 years after the law was amended to include foreign workers in provident fund and pension schemes, the Karnataka High Court has struck down the provision as unconstitutional and arbitrary. This is a development that may be challenged in …
Read More »Tata Motors to merge auto finance subsidiary with Tata Capital
35 minutes ago Business Tata Motors is planning to merge its vehicle finance subsidiary Tata Motors Finance with Tata Capital. The exercise aims to bring a large portion of the financial services operations under one company, while also reducing the automaker's balance sheet. …
Read More »File ITR if you have received IT notice or are ready for verification
20 minutes ago Business If the taxpayer does not file the income tax return in response to the inquiry notice, such cases will be investigated. This notice is issued under section 142(1) when the taxpayer has not filed the tax return or additional …
Read More »Large scale betting on election results from foreign soil through apps.websites
There is a lot of buzz about Lok Sabha elections in India at this time. General elections are being held in the country in seven phases. In which now three phases of elections have been completed. With four rounds of voting still to go, there has been a flood of …
Read More »Direct payment of securities into customers' demat accounts will be mandatory – News India Live
Mumbai: In another move to reduce the role of broker-dealers in the stock markets, capital markets regulator SEBI has started making it mandatory to make securities payments directly into customers' demat accounts. The Securities and Exchange Board of India (SEBI) has proposed direct credit of securities into the demat accounts …
Read More »Nifty rose 98 points to 22055 due to short covering of funds
Mumbai: After five consecutive days of index-based decline, the fall in stocks halted at the end of the week on speculation that the ruling BJP will get fewer seats than expected in the Lok Sabha elections this time. Global markets recovered as US unemployment claims rose and interest rate cuts …
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