The investment industry will benefit if the Securities Transaction Tax is abolished, says Nikhil Kamath, co-founder of Zerodha, as part of his FY23 Budget expectations
Benchmarks fell in Shanghai, Bangkok, Tokyo and Seoul. Taiwan and India were higher. Many global markets are closed for holidays
Says unapproved programmes pose risk to market and can be misused for systematic manipulation
Many service providers complained that the processes for applying and obtaining the licenses are not clear in many countries
The company on Thursday posted a marginal rise in consolidated net profit
The consumer sector P/E of 43.9x in October is at a premium of about 17.6 per cent to its 10-year average of 37.4x
The regulator has also directed impounding of ill-gotten gains of Rs 8.4 crore
Most new customers are investors who mostly buy and hold; they aren't adding liquidity to markets the way day traders do, says top market player
Experts say the impact of the circular less than feared earlier
Domestic retail investors will be able to transact on the platform under LRS scheme prescribed by RBI which permits a resident individual to remit up to Rs 1.86 crore per year
Goyal's statement came a few hours after the Supreme Court did not accept the pleas of Amazon and Flipkart against a probe by the competition commission of India
Nearly 20 mn new demat accounts added since March 2020. Meanwhile, share of individual retail investors in NSE's cash market turnover shot up from 39% in FY20 to 45% in FY21
Markets regulator Sebi on Tuesday came out with a framework for segregation and monitoring of collateral at client level amid instances of misuse of client collateral by trading members.
Much like illegal dabba trading, the platform itself is the counterparty to trades by the customer
In May, Gati Ltd exited its cold chain solutions business, Gati Kausar India Ltd, to focus on express distribution and e-commerce.
Trading in the earlier version of RIL PP shares was suspended on May 11.
The new farm laws will give further fillip to alternative trading options outside of mandis
The floor was closed in March 2020 for the first time since World War II to allow for social distancing needed to deal with Covid-19