Income-plus-arbitrage fund of funds are gaining traction among fixed-income investors for their tax efficiency. These schemes invest under 65% in debt, with the remainder in arbitrage strategies, allowing gains to be taxed at a favorable 12.5% if held for over 24 months.
Indian equities saw modest gains in Samvat 2081 after a previous year's rally, with domestic investors supporting the market amidst foreign selling. As Samvat 2082 begins, positive sentiment is returning, driven by hopes of GST simplification and RBI liquidity. Experts anticipate better returns this year, with opportunities in banking, consumption, and domestic-focused sectors.
A Sebi-constituted working group is proposing to increase transaction charges for clearing corporations like NSE Clearing. This move aims to bolster their financial independence and strengthen their balance sheets, potentially impacting NSE's standalone earnings ahead of its IPO. Clearing members may also contribute to the settlement guarantee fund.
Butter, chocolate, coffee and milk have all seen prices rocket. Tracing back through the story of one particular supermarket staple begins to explain why
Butter, chocolate, coffee and milk have all seen prices rocket. Tracing back through the story of one particular supermarket staple begins to explain why
