Budget 2024: In a shock to investors, Finance Minister Nirmala Sitharaman, in her presentation of the Union Budget for FY 2024-25, announced several key tax changes impacting capital gains and trading activities. FM announced that the long-term capital gains tax rate on all financial and non-financial assets will rise from […]
F&O
“All I can say is that a discussion paper will be issued shortly,” said a person aware of the development. The SMAC meeting was held to deliberate the recommendations of the Padmanabhan Working Group Committee on F&O. The panel headed by former Reserve Bank of India executive director G. Padmanabhan […]
Margin trading facility, or MTF, is considered safer, offers higher leverage, and includes a broader range of stocks. While option traders typically prefer trading in indices, an MTF is geared towards individual stocks. The Securities and Exchange Board of India is seeking to curb “excessive speculation” by retail, or individual, […]
In a significant uptrend, the total number of Demat accounts surged to 16.2 crore in June 2024, according to a report by Motilal Oswal Financial Services. As per the report, new additions spiked by 42 lakh in June, marking the highest account opening rate since February 2024. This indicates a […]
Mumbai: The Reserve Bank of India and the markets regulator are monitoring the high volume of trading in the futures and options segment, RBI governor Shaktikanta Das said, but ruled out any signs of overheating in the financial market. The Securities and Exchange Board of India is is fully seized […]
Hedge funds take great pains to hide their inner workings. So a recent court case in which Jane Street sued two former employees and Millennium Management, another fund to which they had jumped ship, was immensely pleasing to the firm’s rivals, since it offered a rare view into one of […]