PMO is the real power, ministers are only communicators: Ajay BaggaMinisters are not really more than communicators making sure that the implementation on the ground happens. Strategy and policy making and ...
Withdrawing unpopular ETF tax was a sensible thing to do: Abhay Aima, HDFC Securities"It is not that provident fund is conceptually a very bad thing. It is just that some people think there is a better way"
Government may sell 3 per cent of its stake in BPCL, gain an estimated Rs 1,778 croreBuoyed by fuel price deregulation, the government has started inter-ministerial consultations on selling 3 per cent of its stake in BPCL.
International Yoga Day: Financial world strikes healthy poseIt's not just the government which is gearing up for the International Yoga Day. It seems Mumbai's financial community is also firmly behin...
Most macro indicators seem to be under control currently: Abhay Aima, HDFC Securities'We all know that the market moves in a band and it could be at the lowest end or the upper end of the valuation, but certainly not in a da...
Sentiment positive post state elections: Abhay Aima, HDFC Securities"If the results of the general elections are in line with the market, of course you will see this rally continuing," Abhay Aima said.
- HDFC Bank opens representative office in Abu Dhabi
HDFC Bank, the second-largest private sector bank in India, opened its first representative office in Abu Dhabi, to provide services to the...
HDFC Bank launches the One Family, One Bank, Zero Balance account for NRIs in KeralaThe zero balance account will be available to NRI’s who open NRE & NRO accounts with HDFC Bank on or before September 15, 2012.
- Mutual funds pay extra to banks for ‘exclusive sales’
Funds pay up to Rs 2 cr in the name of marketing support fees to bank distributors to promote their schemes.
- Longer trading hours not to affect banks
Brokers will have to deposit more money with stock exchanges and organise additional funding from banks once the trading hours are extended.
- No clarity yet on MF fee structure
Leading private sector banks have approached market regulator Sebi, highlighting administrative and commercial issues relating to the flexi...
- HDFC named 'Best Local Bank' in India
HDFC Bank, one of India's premier banks, has been declared the 'Best Local Bank' in India in Euromoney's Annual Private Banking Survey.
- We're still in a structured bull market
Looking at inflation in a marginal growth economy or a 2% GDP economy and looking at inflation in a 8% GDP economy is like comparing apples...
- MFs go one up on Ulips, offer free insurance with SIPs
At a time when retail investors are having second thoughts about investing in equities in the wake of uncertain market conditions.
- QNB ties up with India's HDFC Bank
QNB has joined hands with India's HDFC Bank to offer Indian expatriates a range of products and services, including fast online remittance ...
- Insurance cos now play the bulls in the market
Flows from the insurance sector into equities is being touted as the main factor responsible for the sustained bull run over the past few m...
- Selling MFs without a bias
Ever wondered why a sales representative of your bank only tries to sell you mutual funds from that bank whenever he calls?