BONDS, CURRENCIES & COMMODITIES


William Gamble William Gamble 03 February 2014
The combination of higher interest rates, economic slow down, and poor information means that the revelation of the true health of emerging markets-EM financial systems will not surface until the problems are too large to hide Last week markets fell. Most of the pull back was blamed on...

Read More



Moneylife Digital Team 23 January 2014
The UPA chairperson has reportedly sent a letter to the government for reducing import duty on gold and relaxing the 80:20 import-export rule As India tries to get out of an economic mess, more and more people are dispensing expert economic advice. After Baba Ramdev peddled the muddled...

Read More



Nidhi Bothra  and   Shambo Dey 21 January 2014
Benefits that SEBI and RBI tried to offer to small and medium sized private companies are largely offset by the countermeasures of Companies Act, 2013 From the recommendations of the RH Patil Committee, emphasising on the importance of the deep and liquid corporate bond market to the...

Read More



AK Ramdas AK Ramdas 15 January 2014
There is an urgent need to encourage corporate bodies to invest in building up the infrastructure facilities for storage and exports of foodgrains In order to support the Food Security Act, the Ministry of Agriculture has estimated that the essential foodgrains in India, to the extent...

Read More



Shambo Dey 14 January 2014
This is the concluding part of a two-part series on the technical and legal issues of virtual currencies, especially Bitcoins. One of the major legal issues in Bitcoin like economy is anyone could be a victim of theft or malpractice and there is no consumer protection available This part...

Read More



Moneylife Digital Team 13 January 2014
The wheat production this year will be an all time high production and will beat all previous records, according to Minister of State for Agriculture and Food Processing Industries, Mr Tariq Anwar at an ASSOCHAM event held in New Delhi India is likely to achieve record wheat production...

Read More



Shambo Dey 13 January 2014
In this two part series, we take a look at technical and legal issues related to virtual currencies, especially Bitcoins. This is the first part on technical aspects of Bitcoins Before we go into a discussion of Bitcoins, it is important to understand what digital cash is.   What...

Read More



Nivedita Shankar 07 January 2014
Gold investment schemes are completely unregulated. In this scenario, the lingering question is what if the company or jeweler goes into liquidation? Will the investors’ money ever be returned? The spurt of gold investment schemes has grabbed the attention of many. The gold investment...

Read More



Vishrut Patel 06 January 2014
Bitcoins are not illegal even if it is a highly volatile and risky in nature but it may be misused for illegal trading activities, says Bitcoin Alliance The Bitcoin Alliance India (BAI), a community of Bitcoin entrepreneurs, has agreed that Bitcoins is risky and speculative but has urged...

Read More



Moneylife Digital Team 06 January 2014
The Reserve Bank of India (RBI) has cautioned users, holders and traders of virtual currencies (VC) like Bitcoin, Litecoin, BBQcoin and Dogecoin and is examining the legal and regulatory framework of VCs. In a press release, RBI stated that Bitcoin and other VCs are exposed to potential...

Read More



AK Ramdas AK Ramdas 30 December 2013
The government has finalised arrangements with some 23 countries with whom Indian importers and exporters can trade in local currencies, thus eliminating dependence upon third party currency like the US dollar   What is this Currency Swap Arrangement (CSA)? This arrangement, between two...

Read More



Raj Pradhan Raj Pradhan 10 December 2013
Bonds are market-linked instruments. Making money from bonds involves some amount of market-timing Shriram City Union Finance (SCUF) has launched its issue of secured non-convertible debentures (NCDs). SCUF NCDs will have annual coupon rate of 11% for a period of 36 months, 11.25% for 48...

Read More



Moneylife Digital Team 29 November 2013
RBI in consultation with Government of India, has decided to launch Inflation Indexed National Savings Securities-Cumulative (IINSS-C) for retail investors in the second half of December 2013 Inflation Indexed National Savings Securities-Cumulative (IINSS-C) securities  are being...

Read More



Raj Pradhan Raj Pradhan 29 November 2013
Hudco and NTPC tax free bonds will be offered from 2nd and 3rd December respectively. Which one should you subscribe considering that Hudco rates are little higher and even crossing 9% barrier?   NTPC (formerly National Thermal Power Corporation), country's largest power producer and a...

Read More



Nidhi Bothra 29 October 2013
MCA’s latest draft rules for public deposits, once enacted, will mean end of the bond markets in India, particularly for non-banking non-financial companies. Almost every possible reason and avenue for companies to issue bonds has been killed The regulatory framework for companies is...

Read More



AK Ramdas AK Ramdas 24 October 2013
Most important point, in the whole onion episode, is the way every authority is overlooking hoarding and supply controls by wholesalers and middlemen to secure high prices The common man's luxury of onion consumption was covered in Moneylife issues recently. In spite of repeated...

Read More



Moneylife Digital Team 23 October 2013
SEBI has mandated that NSDL and CDSL to jointly create and co-host centralised database for corporate bonds and debentures. It may be available as early as January 2014 and will be accessible to everyone without any fees. SEBI move aims to strengthen the debt market in the country The...

Read More



Raj Pradhan Raj Pradhan 15 October 2013
NHPC and PFC tax-free bonds are offering identical returns. 8.92% tax-free returns from AAA-rated bonds for 20 years; it is a decent option for those in higher tax bracket. Should you go for NHPC, PFC or IIFCL bonds that are being offered or wait for future offers? After the recent...

Read More



AK Ramdas AK Ramdas 14 October 2013
The latest trend in the world of business is to seriously consider and employ the use of currency swaps which would enable the participants to deal with their own currencies and eliminate the need to involve third currency like the US dollar Due to US sanctions and UN rulings, trade with...

Read More



Sucheta Dalal Sucheta Dalal 01 October 2013
Too many committees and official statements, but little real action In all the 66 years after independence, whenever a scam was unearthed, government actions have followed a certain pattern. There is a prima facie investigation; the case is quickly handed over to the Central Bureau of...

Read More

Free Helpline
Legal Credit
Feedback