BONDS, CURRENCIES & COMMODITIES


Moneylife Digital Team 25 February 2014
The website of Mt Gox, one of the major exchange for Bitcoin, is not longer online amid reports it suffered a debilitating theft, a new setback for efforts to gain legitimacy for the virtual currency Embattled Bitcoin exchange Mt Gox has largely vanished from the Internet amid...

Read More



Finally, SEBI seems to have woken up to possible thousands of crores invested by consumers in gold savings schemes of jewellers. In these cases, there is no recourse, if the jeweller happens to shut shop. It is time these schemes are regulated to prevent any future scam   Many jewellers...

Read More



The combination of higher interest rates, economic slow down, and poor information means that the revelation of the true health of emerging markets-EM financial systems will not surface until the problems are too large to hide Last week markets fell. Most of the pull back was blamed on...

Read More



Moneylife Digital Team 23 January 2014
The UPA chairperson has reportedly sent a letter to the government for reducing import duty on gold and relaxing the 80:20 import-export rule As India tries to get out of an economic mess, more and more people are dispensing expert economic advice. After Baba Ramdev peddled the muddled...

Read More



Nidhi Bothra  and   Shambo Dey 21 January 2014
Benefits that SEBI and RBI tried to offer to small and medium sized private companies are largely offset by the countermeasures of Companies Act, 2013 From the recommendations of the RH Patil Committee, emphasising on the importance of the deep and liquid corporate bond market to the...

Read More



Moneylife Digital Team 17 January 2014
While commodity bourses will not apply initial, additional and special margins on hedgers or sellers who give delivery, the Exchanges would continue to collect MTM margins Commodities market regulator Forwards Markets Commission (FMC) has exempted hedgers from paying risk margin in...

Read More



There is an urgent need to encourage corporate bodies to invest in building up the infrastructure facilities for storage and exports of foodgrains In order to support the Food Security Act, the Ministry of Agriculture has estimated that the essential foodgrains in India, to the extent...

Read More



Shambo Dey 14 January 2014
This is the concluding part of a two-part series on the technical and legal issues of virtual currencies, especially Bitcoins. One of the major legal issues in Bitcoin like economy is anyone could be a victim of theft or malpractice and there is no consumer protection available This part...

Read More



Moneylife Digital Team 13 January 2014
The wheat production this year will be an all time high production and will beat all previous records, according to Minister of State for Agriculture and Food Processing Industries, Mr Tariq Anwar at an ASSOCHAM event held in New Delhi India is likely to achieve record wheat production...

Read More



Shambo Dey 13 January 2014
In this two part series, we take a look at technical and legal issues related to virtual currencies, especially Bitcoins. This is the first part on technical aspects of Bitcoins Before we go into a discussion of Bitcoins, it is important to understand what digital cash is.   What...

Read More



Nivedita Shankar 07 January 2014
Gold investment schemes are completely unregulated. In this scenario, the lingering question is what if the company or jeweler goes into liquidation? Will the investors’ money ever be returned? The spurt of gold investment schemes has grabbed the attention of many. The gold investment...

Read More



Vishrut Patel 06 January 2014
Bitcoins are not illegal even if it is a highly volatile and risky in nature but it may be misused for illegal trading activities, says Bitcoin Alliance The Bitcoin Alliance India (BAI), a community of Bitcoin entrepreneurs, has agreed that Bitcoins is risky and speculative but has urged...

Read More



Moneylife Digital Team 06 January 2014
The Reserve Bank of India (RBI) has cautioned users, holders and traders of virtual currencies (VC) like Bitcoin, Litecoin, BBQcoin and Dogecoin and is examining the legal and regulatory framework of VCs. In a press release, RBI stated that Bitcoin and other VCs are exposed to potential...

Read More



Free money from the US Fed allowed Turkey, South Africa, India, Brazil, and Indonesia and others to run deficits as their higher interest rates created a demand for their bonds and currencies. Now that has reversed So far the markets seem to have taken the US Federal Reserve’s (Fed)...

Read More



The government has finalised arrangements with some 23 countries with whom Indian importers and exporters can trade in local currencies, thus eliminating dependence upon third party currency like the US dollar   What is this Currency Swap Arrangement (CSA)? This arrangement, between two...

Read More



RBI launched inflation indexed bonds will be available till 31st December. The good news is that the rate will be linked to CPI instead of WPI - the less accurate gauge of inflation. The bad news is that early redemption, even after the lock-in period is over, will entail hefty penalty....

Read More



Bonds are market-linked instruments. Making money from bonds involves some amount of market-timing Shriram City Union Finance (SCUF) has launched its issue of secured non-convertible debentures (NCDs). SCUF NCDs will have annual coupon rate of 11% for a period of 36 months, 11.25% for 48...

Read More



Moneylife Digital Team 29 November 2013
RBI in consultation with Government of India, has decided to launch Inflation Indexed National Savings Securities-Cumulative (IINSS-C) for retail investors in the second half of December 2013 Inflation Indexed National Savings Securities-Cumulative (IINSS-C) securities  are being...

Read More



Hudco and NTPC tax free bonds will be offered from 2nd and 3rd December respectively. Which one should you subscribe considering that Hudco rates are little higher and even crossing 9% barrier?   NTPC (formerly National Thermal Power Corporation), country's largest power producer and a...

Read More



An export target of 3-4 million tonnes of sugar is projected this year in order to stabilise sugar prices in the domestic market. For this to happen, subsidy is urgent Moneylife recently covered the sugar industry, where it was pointed out that with the enormous and surplus stock of over...

Read More

Free Helpline
Legal Credit
Feedback