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ED said that it has filed a charge-sheet before a special court in Bengaluru against Injaz International and partners for defrauding people by luring them to invest in a 'Halal' investment scheme
One of lawyers say Bolt's account once had $12.8 million but now reflects a balance of only $12,000
The National Stock Exchange (NSE) on Wednesday asked investors not to subscribe to any scheme with assured returns offered by an individual named Jay Prakash. The advisory comes after the NSE found that the individual was collecting funds from the public and was providing guaranteed returns on investment. He was also offering to handle trading accounts of investors by asking them to share their user ID and password. The bourse pointed out that the person is not registered either as a member or authorized person of any registered member of the NSE. Cautioning the investors, the NSE asked them not to subscribe to any such scheme or product offered by any individual offering assured returns in the stock market as the same is prohibited by law, according to the statement. Further, investors have been asked not to share their trading credentials such as user ID and password with anyone. "Participation in such prohibited schemes is at investors' own risk, cost and consequences as such .
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The IT ministry has approved a total of 314 applications with proposed investments of Rs 86,824 crore under a modified special incentive package scheme till May 31, 2022, an official note said.
"Under this scheme, various subsidies would be provided to companies and Self Help Groups for setting up industries in the state," Tripura Chief Minister Biplab Kumar Deb said
The market regulator said the move will "remove regulatory arbitrage" between the two pooled investment vehicles.
The Sebi board is also likely to approve the regulator's annual accounts for financial year 2021-22
The RBI has launched RBI-RD, allowing retail investors to directly invest in govt securities. Will this make the bond market exciting for retail investors? Analysts seem cautious
The increase in CDS spreads indicates an increasing risk of default, but not necessarily that bond investors would default
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