The rupee depreciated from its initial smart gains to quote lower by 14 paise at 66. 38 against the US currency in late morning deals on fresh bouts of dollar
India’s ten largest cities in terms of economic growth have $179.8 billion of GDP at risk from a series of threats over the next decade, according to new research from insurance market special Lloyd’s.
Strong performance in the equity as well as debt markets has once again raised the attractiveness of monthly income plans (MIPs) offered by different mutual fund houses. MIPs are
Mutual fund companies have tweaked the exit load norms in debt schemes. The revision in exit loads has happened in the past one month or so.
Rating agency CRISIL on Thursday said RBI's draft guidelines on computation of base rate, if implemented in its current form, will significantly impact profitability of banks.
The rupee depreciated 7 paise to 66. 26 against the dollar in early trade today on foreign fund outflows amid appreciation in the US currency overseas
The Reserve Bank of India’s (RBI) new draft guidelines asking banks to calculate their base lending rate on the basis of the marginal cost of funds instead of the current practice of average cost may push banks to lower rates more than earlier said analysts.
Pensions regulator PFRDA has asked all intermediaries registered with or appointed by the body to take necessary steps to ensure compliance with respect to the implementation of multilateral competent authority agreement (MCAA) and foreign account tax compliance act (FATCA).
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William D. Green
Chairman & CEO, Accenture