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Financial year may be changed from 2018; Budget in Nov?
Come 2018 and the financial year in India could commence from January instead of April as the Centre appears set to make the historic transition to end the 150-year-old tradition. Accordingly, the next Budget could be presented by the Centre in
Mutual funds ahead of FPIs in stock investment during April-May period
Domestic mutual funds pumped in over Rs 20,000 crore in the stock market during April-May to take advantage of the rally even as overseas investor exposure tailed off. Going ahead, fund houses are upbeat over the industry's performance for the
Tap capital from the market: Govt to five PSU banks
The central government has asked five state-owned banks to raise capital from the markets to meet their requirements for the fiscal year 2017-18. The Department of Financial Services has asked the relatively strong public sector banks (PSBs) —
India's exposure to US securities touch a high of $124 billion
India increased its holding of American government securities to USD 124.1 billion at the end of April. This is also the highest level since July 2016 when the exposure stood at USD 123.7 billion.At the end of April, Japan had the maximum
Top five stocks which could turn out to be multibaggers in next 2-3 years
Our target is based on financial year ending (March). We have a base target of 33,000 for Sensex as on March 2018, which is a marginal return of 5 percent from the current level. The market has rallied well in the last two quarters, and this
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26 June 2017

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