Morgan Stanley, Credit Suisse slowly turn positive on Indian equities

New Delhi: Outlook of global brokerages Morgan Stanley and Credit Suisse is turning upbeat towards Indian equities in various sectors such as consumer staples, energy, IT and capit...

UPI-based payments for IPOs from 2019

Mumbai: Capital market regulator Sebi on Thursday said Unified Payments Interface (UPI) payment mechanism for public issues will commence from January 1, 2019.

India, Japan sign USD 75 bn currency swap agreement

New Delhi: A Bilateral Swap Agreement (BSA) worth US$ 75 billion has been signed by India and Japan in order to strengthen their economic cooperation and provide stability to their...

Govt plans global ETF in FY20 to tap overseas pension funds

New Delhi: The Government of India is planning to launch a global exchange traded fund (ETF) in FY20 to raise long term investments from overseas pension funds.

BSE to introduce weekly F&O contracts Sensex 50 from Friday

New Delhi: India's leading stock exchange BSE will be introducing weekly futures and options contracts expiring every Thursday on Sensex 50 index from October 26, 2018.

UIDAI: Aadhaar can be used as payment mode

New Delhi: The Unique Identification Authority of India (UIDAI) has clarified that banks can continue with Aadhaar-enabled payment system for transactions — including deposit...

Mutual funds collection via SIP up 40% to Rs 7,727cr in Sept amid volatile mkts

New Delhi: Mutual funds in India collected Rs 7,727 crore (US$ 1.05 billion) through Systematic Investment Plans (SIPs) in September 2018, showing a year-on-year growth of 40 per c...

MobiKwik enters wealth management with Clearfunds acquisition

New Delhi: Digital Payments company Mobikwik is all set to enter in the wealth management field by acquiring online fund platform Clearfunds.