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Market News

Location American Market News for 13 July 2014

Uniform taxation for retirement products

livemint.com - 13 Jul 2014 21:49
Uniform taxation for retirement products Clarification needed on how the new proposal in the budget will impact different retirement products
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Monthly income plans a good choice for risk-averse investors MIPs are debt-oriented hybrid mutual funds
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People are comfortable dealing with a public sector bank Tarun Chugh of PNB MetLife explains how beneficial the tie-up with PNB has been and what lies ahead
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BIS chief fears fresh Lehman from worldwide debt surge Jaime Caruana says investors are ignoring prospect of higher interest rates in the hunt for returns
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Venture capitalists, PE investors to attract more tax on unlisted capital assets This is due to a provision introduced in the Union Budget that seeks to levy short-term capital gains tax on unlisted capital assets held for less than 3 years
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Sebi scheme may provide easier exit route to regional bourses Plan to set cut-off dates to determine liabilities of brokers could bring down their dues, speed up the exit of bourses
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Domestic investment banks gain on 'bulge bracket' foreign rivals Their fortunes swung sharply in June quarter, largely because of the rush of stock sales through QIP route
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Consumption demand improves

livemint.com - 13 Jul 2014 19:58
Consumption demand improves Industrial production grew 4.7% in May, adding to evidence that a cyclical economic recovery is underway
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Standard Chartered sees FDI proposals strengthening rupee Intention to promote FDI in defence, insurance may improve global investors' assessment of macroeconomic policy, says report
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Sebi warns markets against Taliban, Al-Qaeda funds

livemint.com - 13 Jul 2014 17:04
Sebi warns markets against Taliban, Al-Qaeda funds The regulator issued circulars with the UN Security Council's updated sanctions lists for the terrorist groups
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BSE sees SME boom on its platform after Rs10,000 crore start-up fund At present, there are 61 SMEs listed on BSE's dedicated platform
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A fall in markets after the budget is par for the course Investor attention will shift from inflated expectations from the new government to the fundamentals of the economy and earnings growth for companies
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Corporate tax system leaks like a sieve

livemint.com - 13 Jul 2014 16:15
Corporate tax system leaks like a sieve Removing the inequity of the tax system would have gone a long way in helping the survival of small companies
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BSE forms 11-member advisory group on REITs

livemint.com - 13 Jul 2014 09:47
BSE forms 11-member advisory group on REITs The advisory group will advise the BSE relating the newly proposed framework on REITs
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