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Dividend tax to add Rs 740 crore burden on MF retail investors Dividend tax to add Rs 740 crore burden on MF retail investors

Over 46 million equity-linked retail investors in mutual fund industry may be in for a jolt if the goverment goes ahead with its plans to tax dividends at a hefty 10 per cent from next fiscal year.

Weekly review: Rupee loses steam; ends week with a loss of 19 paise at 64.43 against dollar Weekly review: Rupee loses steam; ends week with a loss of 19 paise at 64.43 against dollar

The most powerful central bank in the world - the US Federal Reserve announced a quarter-point increase in the target range for the federal funds target range of 1.00 to 1.25 percent.

Weekly Review: Sensex extends losses for the 2nd straight week, down 205 points Weekly Review: Sensex extends losses for the 2nd straight week, down 205 points

There had been concerns that higher interest rates in the United States will boost returns on US debt and bank deposits, drawing money back from riskier markets.

NPA resolution: PMO to review progress on June 19

The Prime Minister's Office has called a meeting of senior officials of the ministries of finance and corporate affairs on Monday to review the progress in resolution of NPAs in the light of recent action taken by the Reserve Bank on stressed assets.

Forex reserves dip by $11.5 mn to $381.15 bn Forex reserves dip by $11.5 mn to $381.15 bn

Gold reserves remained unchanged at USD 20.095 billion.

Nifty holds up, but markets lose for second week Nifty holds up, but markets lose for second week

Both the indices registered their second straight weekly fall by losing 205.66 points, or 0.65 percent, and 80.20 points, or 0.82 percent, respectively.

Lower prices nudge gold demand; Indian buyers stay off Lower prices nudge gold demand; Indian buyers stay off

In India, gold demand has fallen as the wedding season is nearly over and farmers are busy in the sowing of summer-sown crops.

Sensex bounces over 100 points on exports growth, Nifty above 9,600-mark Sensex bounces over 100 points on exports growth, Nifty above 9,600-mark

The BSE Sensex rebounded 107 points and the NSE Nifty reclaimed the 9,600-mark Friday, propelled by the exports growth in May amid mixed Asian cues.

Current account deficit narrows in 2016-17: RBI Current account deficit narrows in 2016-17: RBI

India`s current account deficit (CAD) narrowed during last fiscal due to a contraction in the country`s trade deficit.

 

Equities suffer losses, Nifty ends below 9,600-mark Equities suffer losses, Nifty ends below 9,600-mark

Equities slipped back into the red Thursday after a two-day winning run as the Sensex declined over 80 points and the Nifty cracked below 9,600-mark, with investors turning cautious after the Federal Reserve's rate hike.

MF investor base grows 19 lakh in Apr-May to record 5.72 crore MF investor base grows 19 lakh in Apr-May to record 5.72 crore

Mutual fund houses added close to 19 lakh investor accounts in April-May of 2017-18, taking the total tally to a record 5.72 crore, driven by growing interest from retail and HNI investors alike.

Sensex ends higher; Reliance gains, Fed weighs Sensex ends higher; Reliance gains, Fed weighs

Indian shares ended higher after a volatile session on Wednesday with Reliance Industries Ltd gaining on strong April subscriber additions, although broader sentiment was muted ahead of the US Federal Reserve meeting.

Sensex ends in green on lower inflation, Fed action looms

The Sensex scaled higher on Tuesday, only to surrender much of the gains as the benchmark closed the day with a paltry gain, let down by investors who booked profit towards the fag end of the session.

Sebi allows options trading in commodity futures Sebi allows options trading in commodity futures

Sebi on Tuesday allowed options trading in commodities for deepening the market but permitted each exchange to launch these contracts for only one product initially, while asking bourses to follow robust risk management measures.

Sensex recovers partially, moves up 102 points on inflation cheer Sensex recovers partially, moves up 102 points on inflation cheer

Stocks got back into shape today as the Sensex recovered 102 points to 31,198 in early session -- chiefly buoyed by a cooling inflation -- amid mixed Asian cues.

Mutual funds see Rs 41,000 crore outflow in May Mutual funds see Rs 41,000 crore outflow in May

Investors have pulled out nearly Rs 41,000 crore from various mutual fund schemes in May, with liquid funds witnessing most of the outflows.

Sensex drops 166 points, Nifty cracks below 9,600-mark Sensex drops 166 points, Nifty cracks below 9,600-mark

The 50-issue NSE Nifty ended 51.85 points, or 0.54 percent, at 9,616.40 after cracking below 9,600-mark to touch a low of 9,598.50.

Sensex plunges 156 points, focus shifts to macro data Sensex plunges 156 points, focus shifts to macro data

The 30-share index plunged by 155.91 points, or 0.49 percent, to 31,106.15.

Weekly review: Rupee makes roaring comeback to hit its highest level in three-week Weekly review: Rupee makes roaring comeback to hit its highest level in three-week

Keeping its edge against the beleaguered dollar, the home currency ended higher by a solid 20 paise at 64.24.

Weekly Review: Sensex catches breath after 4-week dream run; Nifty flex muscles Weekly Review: Sensex catches breath after 4-week dream run; Nifty flex muscles

Equities found lack of direction and were left with little to show in a highly volatile trading week after RBI poured cold water on early market optimism concerning an interest rate cut even as global political uncertainty took centre stage in major economies.