THE ATTACK OF THE INFLATION How INFLATION REDUCES WEALTH
Annual INFLATION was 7%
Showing posts with label Investment Alerts. Show all posts
Showing posts with label Investment Alerts. Show all posts
Banking Ombudsmen in India : List of Addresses
Many times you want to complaint against your bank to some higher officials.
For that, India's Central bank RBI (Reserve Bank Of India) has arranged banking ombudsmen in India.
Any one can obtain the list from the official website of RBI at http://www.rbi.org.in/commo…
Reserve Bank : Never asks for Your Bank Account Details
It has come to the notice of India's Central bank RBI (Reserve Bank of India) that mail has been sent in its name “inviting bank customers to update their bank account details against online phishing”.
RBI Never asks for Your Bank Account Details
The Reserve Bank has c…
Pancard Clubs’ Timeshare Scheme: SEBI suspends
Pancard Clubs, is in
the business of marketing holiday plans, has been directed by SEBI not to
collect any fresh money under its existing schemes (holiday plans). SEBI has also
directed its directors Sudhir Shankar Moravekar, Shobha Ratnakar Barde, Usha Arun
Tari, Manish Kal…
Right Risk Return Balance Crucial to Fruitful investing...!
by Mr. Rakesh
Nangia, Nangia & Co One of the main aims
of investing is to secure one’s financial future. Though investments in
traditional instruments, like savings bank accounts & fixed deposits, are
secure, they give limited returns that cannot even match inflation…
Indian Banking system lost Rs. 6,00,000 Crore
By Arjun
Parthasarathy, Investors are Idiots.com The Indian real
estate sector is largely dominated by the politician-builder nexus that
predominantly deal in black money. Notes in circulation
is a statistic released by the Reserve Bank of India (RBI) every week. The
notes …
Post - Tax Returns: 9% Deposit Would Fetch About 6.3% Return..
A recent release by
the RBI (Reserve Bank of India) had placed bank deposits held by individuals at
a whopping Rs. 33 lakh crore as of March 2013. That is close to one half of the
total deposits lying with banks. Of this, a good
36.5.% is held in savings bank account. 56.7.%…
Ponzi schemes: SEBI given teeth to crack down on illegal operations..
India's President Mr. Pranab Mukherjee has
re-promulgated the ordinance that provides more powers to market regulator SEBI
(Securities and Exchange Board of India ), especially, to crack down on illicit
money pooling schemes. The ordinance, which
lapsed on January 15, 2…
Double your money within a year?
Many of you might be frustrated with topsy-turvy of equity markets. Share markets have moved nowhere since 2007, although they made a new
high last year (2013). Returns generated by equities &
equity oriented mutual funds might have been lacklustre for many
investors. …
Investing in Bitcoins,,
- By Mr. Asad Dossani, Author, The Lucrative
Derivative Report Bitcoins have made headlines around the world due to
their increased use & popularity. Recently, the Reserve Bank of India (RBI)
has warned against the use of bitcoins due to risks of money laundering and
cyb…
SEBI to Make IPO Grading voluntary
Nearly 7
years after introducing ratings of initial public offerings (IPO), the
Securities and Exchange Board of India (SEBI) might make the concept voluntary. “There is a
unanimous view that IPO grading should not be compulsory. We will consider
that,” SEBI Chairman Mr. U. …
First MF Unitholder Dies: Transmission of ELSS Fund units is subject to one year lock-in..
When mutual fund (MF) units get transmitted (or / are transferred in case
the existing first unitholder dies) to the second or / third unitholders or / the nominee (in case there are no joint
holders), the heir could either choose to continue holding these inherited MF
un…
Cheating Investors: Chinese Businesswoman Sentenced to Death..
A Chinese businesswoman was sentenced to death on November 5, 2013 for cheating investors of an "extraordinarily large" amount of $ 200 million, the second such case this year in China. The Inner Mongolia autonomous regional higher people's court in north China…
Coming Insurance Cover for Online Fraud..
With the rise in cases of online fraud, National Payments Corporation of India (NPCI) has decided to provide an insurance cover for such transactions. NPCI will tie up with general insurance companies for this; it has called for a Request For Proposal (RFP). This would cover…
Festival Shopping : Are Purchases Made on EMI - Good or Bad..?
By BankBazaar When its festival time & you notice almost every other shop offering discounts and offers, you are tempted to go on a shopping spree and buy even things you may not need. But, what happens to your liquidity at such times & how do you settle your credi…
MCX: Very Important Circular on Portfolio Managmenet Srvices
MCX - Exchange has issued a circular regarding “Portfolio Management Services (PMS)” - circular no. MCX/COMP/349/2013. MCX commodity exchange has sent a circular to all its members in which the following clauses are to be followed in member's advertisemnt . ** Any activit…
National Stock Exchange: Alerts Investors on Trading in 25 Illiquid Stocks
In order to safeguard investor interest, India's leading bourse NSE (National Stock Exchange) has advised extra caution while trading in 25 illiquid stocks including EIH Associated Hotels, Golden Tobacco and SMS Pharmaceuticals. Illiquid stocks are those that can not be …
Investor Grievance Redressal Mechanism at SEBI
Securities and Exchange of Board of India (SEBI) is a statutory body established under the SEBI Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market . Redressal of investor grievances is one of t…
92 % of People Were Unaware of Their Credit Scores - Ratings Given by Credit Bureaus..
Most borrowers in India are unaware about the fallout of defaulting on loan payments as well as presence of systems to rate their creditworthiness, says a survey. As many as 91% of the respondents were found to be lacking awareness about the adverse impact of not paying thei…
SEBI Busts SMS Scam; Warns Against Unsolicited Investment Tips..
Using its newly-granted powers to access call data records and conduct surprise visits, capital markets watchdog SEBI (Securities and Exchange Board of India) has unearthed a large-scale SMS scam wherein fraudsters were luring gullible investors with promise of daily return…
