Due to severe measures being adopted by the banks, the comfort of using either of the multiple credit cards owned by the customer in case they default on making payments for even one will now not be allowed as the banks have now amended their credit card terms and conditions. Additionally, ICICI Bank already informed [...]
Archive for September, 2009
30 Sep
Default On Even One?? Face Blocking of All Your Credit Cards :)
Posted by smcinvestmentindia in Banking, Business, Company, Economics, Finance, income, india, tax, Wealth. Tagged: ATM, Banking, Banks, banks customer, card holder, credit card terms and conditions, credit cards, credit limit, default, dues, ICICI Bank, money withdrawal, salary. Leave a Comment
30 Sep
SEBI Asked BSE to Set its House in Order before Planning a Listing !!
Posted by smcinvestmentindia in Asset management, Banking, Brokerage, Business, Capital Market, Distribution of Mutual Funds & IPOs, Economics, Equity & Derivative Trading, Finance, financial planning, India corporate world, Investment, Mutual Funds, Private Equity, securities, share market, smc capitals, SMC Depository, SMC Research Based Advisory Services, tax, Trading, Wealth. Tagged: back-office solutions, Brokers, BSE, BSE index, BSE Sensex, derivatives trading, equity, exchange, Financial Technologies, initial public offer, IPO, listing, market regulator, MCX-SX, Multi Commodity Exchange, Securities and Exchange Board of India, self-listed companies, shares, stock exchange. 1 Comment
The Securities and Exchange Board of India (Sebi) asked BSE to set its house in order before planning a listing. Of late, BSE has planned to list on the exchange for sometime and had approached Sebi for permission to list without an initial public offer. Sebi, however, also has to formalize norms for regulating self-listed [...]
30 Sep
Festivals and Trading Holidays Set to Keep Dalal Street Less Lively This Week :)
Posted by smcinvestmentindia in Asset management, Brokerage, budget, Business, Capital Market, capitals, Company, Distribution of Mutual Funds & IPOs, Economics, Equity & Derivative Trading, Finance, financial planning, india, India corporate world, Insurance, Investment, IPO, IT, Mutual Funds, Private Equity, securities, share market, smc capitals, SMC Depository, SMC Research Based Advisory Services, Stock, tax, Trading, Wealth. Tagged: Brokers, BSE, BSE index, BSE sectoral indices, BSE Sensex, bullish, Dalal Street, FII, Foreign institutional investors, investors, IT, market, market sentiment, quarterly results, SMC Global, stock exchanges, stock market, stock trading, stocks, Trading, trading sessions. Leave a Comment
Despite bullish sentiment on hopes of strong quarterly results from firms, the Dalal Street is likely to less lively this week, as festive mood and fewer trading sessions would see investors withhold their positions and postpone buying, analysts said. Brokers believe the market sentiment will remain positive, even as investors will get only three trading [...]
29 Sep
EPFO Panel to Meet in October for Parking Money in Stock Market
Posted by smcinvestmentindia in Asset management, Banking, Brokerage, Business, Clearing Services, Commodity market, Commodity Trading, Company, Economics, Equity & Derivative Trading, Finance, financial planning, income, income tax, india, Insurance, Merchant Banking, Mutual Funds, smc capitals, SMC Depository, SMC Research Based Advisory Services, Stock, tax, Trading, Wealth. Tagged: CBT, Committee, EPFO, equities, FIC, Finance and Investment, finance ministry, fixed-income, Organization, Provident Fund, stock markets. 1 Comment
The Finance and Investment Committee (FIC), key advisory body of the Employees Provident Fund Organization, would meet next month in order to take a view on parking 3 to 5 per cent of its large corpus of Rs 2.57 lakh crore in the capital market. As per the EPFO sources, this was a long pending [...]
29 Sep
BULLION TURNING TO BILLION
Posted by smcinvestmentindia in Asset management, Banking, Brokerage, Business, Capital Market, capitals, Clearing Services, Commodity market, Commodity Trading, Company, Economics, Equity & Derivative Trading, Finance, financial planning, Insurance, Investment, IPO, IT, Merchant Banking, smc capitals, Stock, Trading, Wealth. Tagged: billion, bond, bull market, bullion, currency, derivative, economic, equity, future, global economy, gold, gold price, governments, Investment, investors, jewelry, market, monetary, money, Retail investment. Leave a Comment
Gold has always been one of the favorite avenues for investors to put their money during any economic uncertainty. We’re into a new phase of this bull market that’s been going on since 2004. Factors like the credit crisis, ups and downs in the global economy, the response of the governments and the monetary authorities [...]
26 Sep
G-5, G-8..Not Anymore..Its G-20 Now !!
Posted by smcinvestmentindia in Banking, Brokerage, budget, Business, Capital Market, capitals, Commodity market, Commodity Trading, Company, Distribution of Mutual Funds & IPOs, Economics, Enviroment, Equity & Derivative Trading, Finance, financial planning, General, Global warming, India corporate world, Investment, IPO, Merchant Banking, Mutual Funds, Private Equity, securities, share market, smc capitals, SMC Depository, SMC Research Based Advisory Services, Stock, tax, Trading, Wealth. Tagged: America, bank, capital, capital markets, China, economic slowdown, economies, financial industry, G-20 Summit, G-5, G-8, global economy, global recession, india, Pittsburgh summit, pittsburgh summit 2009, recession, United States, world, world's economic output. 1 Comment
For the world, apparently, eight is no longer enough. The G-8 group of powerhouse economies, which expanded from the original G-5 one by one over three decades, stepped off center stage Friday with the ascension of the G-20 into the role of overseeing the global economy. The Group of 20 will take on the role [...]
26 Sep
Rabi Crops Get a Lifeline on Late Rains :)
Posted by smcinvestmentindia in agriculture, Business, Commodity market, Commodity Trading, Economics, Enviroment, Finance, india, Investment, Monsoon, SMC Depository, SMC Research Based Advisory Services, Stock, Trading. Tagged: agriculture, agriculture ministry, barley, food crops, harvest, high yeild, IMD, India Meteorological Department, jowar, kharif crops, Monsoon, monsoon rainfall, production, Rabi Crops, rainfall, rainfall deficiency, rainfall in India, rice, sowing, states, wheat. Leave a Comment
Lets Get to know of the latest Agri updates in the country Rabi Crops Get a Lifeline on Late Rains: Considering cumulative rainfall from June to September, expected retention of moisture in soil between October and December, and recharge in the ground water level, the agriculture ministry expects no major dip in the coverage of [...]
26 Sep
Know the Basics of Commodity Trading :) Part 2
Posted by smcinvestmentindia in Brokerage, Business, Commodity market, Commodity Trading, Company, Economics, Equity & Derivative Trading, Finance, India corporate world, Investment, securities, share market, smc capitals, Trading. Tagged: Brokerage, commodities exchanges, commodities trading, commodity brokerages, commodity exchanges, commodity futures, commodity futures market, commodity futures prices, commodity markets, Commodity Trading, contract, contract size, crude oil, crude oil prices, derivative transactions, futures and options, gold, gold futures, Gold Futures contract, gold prices, india, margin, Markets, MCX, Multi Commodity Exchange (MCX), National Commodity and Derivative Exchange(NCDEX), national level commodity exchanges, National Multi Commodity Exchange of India(NMCE), NCDEX, NMCE, soya crop, soya prices, stock brokers, stock exchanges, stock future trading, stock futures prices, supply and demand, trade, trade online, Trading, trading volumes in commodity futures. Leave a Comment
Hello Friends,yesterday we discussed about the importance and need for Commodity Trading. Now its time to understand and know that how can we do commodity trading, what is the process for that and how commodity trading works Here we go with first question of the topic for the day How do you do commodity Trading? [...]
25 Sep
Know the Basics of Commodity Trading :) Part 1
Posted by smcinvestmentindia in Commodity market, Commodity Trading, Economics, Equity & Derivative Trading, Finance, India corporate world, Investment, Private Equity, securities, share market, smc capitals, SMC Depository, SMC Research Based Advisory Services, Stock, Trading. Tagged: commodities exchanges, commodities trading, commodity brokerages, commodity exchanges, commodity futures, commodity futures market, commodity markets, crude oil, crude oil prices, derivative transactions, futures and options, gold, gold futures, gold prices, india, Markets, Multi Commodity Exchange (MCX), National Commodity and Derivative Exchange(NCDEX), national level commodity exchanges, National Multi Commodity Exchange of India(NMCE), soya crop, soya prices, stock brokers, stock exchanges, stock future trading, trade, trade online, Trading, trading volumes in commodity futures. Leave a Comment
Are you comfortable enough to answer these given questions with certain level of confidence and conviction? For example, What do you think gold prices will go up further? Are you sure that crude oil prices are going to fall? Have you heard that the soya crop this year is bad and will result in soya [...]
25 Sep
Banks Pushes for Short Term Credit :)
Posted by smcinvestmentindia in Asset management, Banking, Business, Company, Economics, Finance, financial planning, india, India corporate world, securities, smc capitals, SMC Depository, SMC Research Based Advisory Services, Wealth. Tagged: bank, bank credit, Banking, banking sector, Banks, commercial banks, commercial paper (CP) issues, corporate banking, corporate loan, credit off take, credit push, credit-deposit ratio, financial year, liquidity, loans, public sector corporates, short-term credit, short-term loans, short-terms advances. Leave a Comment
Banks have started pushing short-term credit to shore-up loan books before the end of the lean season. Bank’s move is attributed to abundant liquidity. According to highly placed bank officials, credit off take continue to be lacklustre. Credit growth this year was hardly a third of the level for the corresponding period of the previous [...]
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