Sebi’s new NAV framework to bring uniformity; may…

NEW DELHI: Markets regulator Sebi's new directive, which requires mutual fund houses to allocate units upon realisation of funds irrespective of the ticket size, might impact systematic investment plans (SIPs) and cheque-based transactions, experts said…

Banks cautioned against imposing levies like MDR on…

Banks have been cautioned against imposing charges such as MDR or merchant discount rate on electronic transactions including Unified Payments Interface (UPI). Finance ministry may take action against banks not adhering to the direction. Central…

Kolkata stock brokers ask WB govt to scrap…

Kolkata: The stock broking fraternity in Kolkata wants the West Bengal government to either scrap the stamp duty levied on the proprietary transactions of equity traders or cap it at Rs 1,500 per day per…