Capital gains are the profits / losses that arise when you sell a capital asset. That includes equities, bonds, property, gold etc. Each asset has a different definition of long term and short term capital gains. For example, in case of equity the definition is 1 year, for property it is 2 years and for
Dear Traders, Unified Payments Interface (UPI) is an instant payment system developed by the National Payments Corporation of India (NPCI), an RBI regulated entity. UPI is built over the IMPS infrastructure and allows you to instantly transfer money between any two parties’ bank accounts. UPI transfers can be done from any bank account. UPI transfers
Interest rate futures, the most widely traded derivatives instrument in the world, is relatively at nascent stage in India. Interest rate futures also called Bond Futures is a futures contract with a debt instrument that pays interest as underlying asset. It is a contract to buy or sell a debt instrument at a specified future
“INFINI MF” Investing in the mutual fund is becoming simpler and simpler day by day. It is as simple as purchasing merchandise online. We made it even easier now. We at Tradeplus joyously introduce our fresh new Mutual Fund Mobile application. With this app in your mobile, you can do wonders for your investment. INFINI
In the last few months, some serious shifts have happened in the top managements of some of India’s marquee companies. ICICI Bank saw the sudden exit of its CEO Chanda Kochhar while the RBI refused to extend the tenure of Rana Kapoor, founder and CEO of Yes Bank. At the same time, there was a
Last few weeks the markets were rife with rumours that Warren Buffett would be taking a stake in Kotak Mahindra Bank. There is an interesting background to this story. The promoter of Kotak Bank, Mr. Uday Kotak is required to reduce his stake in the bank from 29% to 20% as per the RBI regulations.
When the BREXIT vote was concluded in June 2016, it was an emphatic vote in favour of seceding from the EU. Over the last 30 months, there has been doomsday scenarios painted that the BREXIT could be disastrous for the UK. The problem is there is still not much of clarity on the BREXIT front.
On the 1st of December, Meng Wanzhou, chief financial officer of Chinese telecom giant Huawei and the daughter of the founder was arrested in Canada on charts of supplying Huawei phones to Iran and North Korea. This is a clear violation of the American sanctions on both these countries since Huawei uses parts made in
When Dr. Urjit Patel resigned from the top job at the RBI, the speculation was rife on who would be the next RBI governor. The government finally opted for a career bureaucrat in the form of Shaktikanta Das to take over the top job at RBI. Das is not new to handling the contrary pulls
Nifty will be the real test of the concept of weekly options During the month of December, SEBI granted the NSE permission to launch weekly options on the Nifty 50. It may be recollected that the weekly options on the Bank Nifty was launched in 2016 and this product has seen very good traction