Tax collection in India one of the highest, reduce direct tax to 25 pc from 40 pc: Surjit Bhalla
“We are a much more globalised economy in the world and the world is a lot more globalised. If you look at the overall tax rate structure in India, collection of taxes is one of the highest in the world and we are not the richest economy of the world,” Bhalla said. He said that […]
IPL-flavoured portfolio: Index fund for test match, stock baskets for T20 and ODI, says Abhishek Banerjee
Money managers draw analogies between cricket and investing. Abhishek Banerjee, smallcase manager and CEO of Lotusdew, compares RBI’s management of inflation to India’s 1983 Cricket World Cup win. Banerjee says he picks pinch-hitters like a captain selects strategies for a cricket match. He believes it’s necessary to have all types of players, like heavy hitters […]
May-hem surge! 7 penny stocks surge up to 150% in just one month
Investors are always on the hunt for penny stocks, which have the potential to offer multibagger returns. But more than not, these stocks trade with low volumes and are very volatile. Hence, investors are advised to do thorough research before investing in such stocks. ETMarkets has picked 7 stocks that have delivered returns of up […]
Cabinet secretary-led panel to interview five candidates for RBI deputy governor’s post on June 1
According to sources, five candidates have been shortlisted, including a non-executive chairman of a public sector bank. The Financial Sector Regulatory Appointment Search Committee (FSRASC) headed by Cabinet Secretary would interview candidates in Delhi, the sources said.