Although well-intentioned, Sebi’s proposed investment adviser regulations have complex ramifications for the mutual fund distribution business. Here’s why
Read MoreThe idiom has lost its meaning. The Nirav Modis of the world have shown how easy it is to short circuit internal controls and processes in our banks
Read MoreWith no intermediary to assist you, you'll eventually have to befriend call centre executives at many asset management companies, to help you with your statements, your paperwork, your ongoing transactions and your service issues
Read MoreYou should shorten your STP durations if markets have corrected heavily and you're investing into equity funds, and increase your STP durations in bearish markets if you're staggering out of equity funds
Read MoreFMP's eliminate interest rate risk by holding their portfolio bonds t maturity, so they would serve as an ideal foil to more rate sensitive long-term debt funds, should you choose to invest into them
Read MoreThe Enforcement Directorate, an agency focused on foreign exchange and money laundering offences, has been conducting separate searches at homes and offices of Modi
Read MoreThe new measures mean only PNB officers will be able to initiate messages on SWIFT, taking away the authority of clerks to do so
Read MoreThe ED and the Income Tax department have zeroed in on the dummy or shell companies in India and abroad that were being used to route or receive funds as part of the alleged fraud
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