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The top losers in the pack included Indian Bank (-11.96 per cent), Canara Bank (-11.94 per cent), Union Bank (-10.11 per cent), Oriental Bank of Commerce  (-9.99 per cent) and Punjab National Bank (-8.94 per cent).
Market punishes PSU banks
04 Sep 2019 2:14 AM

Reflecting the collapse in the stock prices, the Nifty PSU Bank Index fell 4.87 per cent.

CBDT said, the perception that the withdrawal of enhanced surcharge has created the differential regime in certain sections of media is completely misplaced. (Photo: PTI)
Surcharge rollback creates no differential regime between FPIs, domestic investors
28 Aug 2019 2:07 PM

FM on Friday announced the withdrawal of enhanced surcharge on short-term and long-term capital gains earned by FPIs.

Investors generally think twice before buying a company stock with high P/E ratio.
Investors now prefer safety to price
15 Aug 2019 2:21 AM

The companies that have gained the most over the last three-month period are having a high Price/ Earning ratio of 50 to 100 and even more.

Indian stocks had entered a correction this week as the lack of measures in the July budget to stimulate the economy and a tax on the super rich soured the mood. Local fund managers bought the dip, plowing a net $2 billion last month, helping negate sales of a similar magnitude by foreigners. (Representational Image)
Mutual funds investors keep faith in stocks despite rout
09 Aug 2019 1:14 AM

Stock plans received Rs 8,110 crore ($1.2 billion), according to the Association of Mutual Funds in India.

The deal comes months after Bigbasket closed USD 150 million in funding from a group of investors.
Grocery start-up Bigbasket gets USD 14.5 million in venture debt
29 Jul 2019 2:20 PM

Bigbasket will use the fresh funds to set up warehouses and boost its cold chain.

EB5 BRICS is offering one-on-one meetings in India.
US Green Card to cost much more for Indian investors
25 Jul 2019 3:28 PM

The EB-5 Investor Visa programme to cost minimum USD 900,000 with effect from November 21, 2019.

Suzlon has been in talks with investors like Brookfield for a stake sale. (Representational Image)
Suzlon defaults on USD 172 million bonds, may offload stake
17 Jul 2019 11:04 AM

The outstanding payment was part of a total bond issuance of 546.91 million dollars.

Tax rate of someone earning 20 million rupees up to 39 per cent, and for those earning more than 50 million rupees the rate climbs to at least 42.7 per cent.
Will India's tax on the rich hit foreign investment inflows?
16 Jul 2019 9:18 AM

Investors are threatening to pull funds from India unless rules are amended so that they won’t take a tax hit.

Report observed it is important to improve employment and employability, streamline labour issues and develop adequate means to absorb the labour in the economy. (Representional Image)
Centre, states need to pursue labour law reforms: SBI report
21 Jun 2019 1:03 PM

Making a case for labour law reforms, the report said the investors look out for stability and sustainability.

Wise people learn from their own mistakes while wiser ones learn from others’ mistakes.
6 most common investment mistakes that retail investors should avoid
20 Jun 2019 11:24 AM

As making mistakes while investing will cost you both money and time required for creating wealth.

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