NPS to Allow 4 Changes Per Fiscal In Investment Pattern

NPS to Allow

Pension fund regulator PFRDA will soon allow subscribers of the National Pension System (NPS) scheme to change investment pattern as many as four times during a financial year as there has been a demand to increase the limit, its chairman Supratim Bandyopadhyay said Tuesday Currently, NPS subscribers are allowed to change the investment pattern twice […]

How Indians Invested In Crypto In 2021?

How Indians Invested

The year 2021 will be remembered as the time when the crypto market came of age. From being a retail investor-heavy segment, the industry saw widespread adoption from major corporates such as Tesla, PayPal and MicroStrateg. As per experts, meme coins, central bank digital currency, metaverse, and non-fungible tokens (NFTs) were the four major trends […]

Stocks To Watch: HP Adhesives, RBL Bank, Adani Trans, HUL, Lupin, CBI

Stocks To Watch

The key benchmark indices are likely to start trade on a quiet note owing to lack of any major directional cues from the overseas market. As of 08:00 AM, the SGX Nifty futures were quoted at 17040, up 14 points. Meanwhile, here the top stocks to focus in trade today HP Adhesives: The stock will make […]

Indices At Day’s High Led By IT, Realty, Banks; RBL Bank Most Active

Indices At Day's High

Active pharmaceutical ingredients manufacturer Supriya Lifescience, the 64th listing in 2021, is expected to debut with around 50 percent premium on December 28 Experts cited attractive valuations, strong financial track record with maximum income from exports, increasing growth potential in the pharma space and healthy return ratios for the expectations of the healthy listing. The […]

Asia Stocks, Oil Struggle As Omicron Worries Weigh

Asia Stocks, Oil Struggle

TOKYO (Reuters) – Asian stock markets were generally weaker  in holiday-thinned trading on Monday, as uncertainty over the economic impact of the Omicron coronavirus variant weighed on investor sentiment U.S. airlines have cancelled or delayed thousands of flights over the past three days due to COVID-19-related staff shortages, while several cruise ships had to cancel […]

What To Look At Before Investing In ESG Funds

Financial News

Environment, social responsibility, and corporate governance have of late emerged as key themes for investors in India. The asset size of ESG funds has ballooned nearly five times to Rs 12,300 crore over the last couple of years. Earlier this week, the National Stock Exchange (NSE) launched NSE Prime, a framework that allows companies to […]

Amazon Sues Financial Crime Agency In Latest Twist Of Indian Battle

Financial News

Amazon.com Inc is taking India’s financial crime fighting agency to court, seeking to quash an investigation into one of its 2019 deals, a court filing seen by Reuters shows.India’s Enforcement Directorate (ED) has for months been probing Amazon’s $200 million investment in India’s Future Group for suspected violations of foreign investment laws The investment is […]

RBI Rejects Religare Finvest’s Proposal To Rename Itself

Financial News

The Reserve Bank of India rejected Religare Finvest Ltd’s proposal to rename itself Care Financial Services and declined to new management status to the existing management – a move that would derail debt restructuring of the finance company, said people aware of the matter As per the RBI’s regulations, lenders cannot restructure loans of borrowers […]