Overseas investment by Indian residents is regulated by the Indian exchange control regulations. On Aug. 22, 2022, the Government and the Reserve Bank of India issued a new framework that provides more clarity, covers wider economic activity and the revised reporting requirements. An overseas investment by an Indian resident individual can either be in the
Stocks to buy today, July 23 – Union Budget 2024: Market experts Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia, Siddharth Sedani, Sandeep Jain, Jay Thakkar, Mehul Kothari, Vishvesh Chauhan, and Vikas Sethi share their top stock recommendations in this special segment, Budget Stock Exchange. Stocks to buy today, July 23 – Union Budget 2024: In
When Robinhood launched in 2015, its claim to fame was commission-free investing, with free trades in stocks, ETFs, options, and cryptocurrencies. Now that most brokers have moved to commission-free trading, Robinhood has lost that edge. Still, its low costs, zero account minimums, and overall simplicity remain attractive to new investors. Robinhood has also leaned into
“Hong Kong stockbrokers would need to review their systems to make sure their staff can work from home during the typhoons when the market will continue to trade in September,” he said. “Still, it is expected some brokerage staff may still need to go to the office during the typhoons. Many brokerage firms are now
Domestic brokerage firm Anand Rathi Shares & Stock Brokers continued to remain positive on Suzlon Energy as it sees the company being well-positioned and gearing up for better opportunities. The homegrown brokerage firm has reiterated its ‘buy’ rating on the stock after its recent plant visit and has increased the target price as well. Related
The Finance Minister Nirmala Sitharaman’s Union Budget for FY2024-2025 may focus on capex-led infrastructure, even as there could be a dash of welfarism. There are hopes that defence capital outlay may grow 12-15 per cent YoY on back of systems modernisation and infra development, as focus on indigenisation and exports ramp-up persists. On the other
Monday 22 July 2024 6:00 am Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Interactive Brokers has set its sights on the UK market “Why is it,” Gerald Perez, the UK boss of global brokerage giant Interactive Brokers, told City A.M., “that
Indian headline indices settled sharply lower during the trading session on Friday on the back of profit booking ahead of the upcoming Union Budget and global IT outage. BSE Sensex tumbled 738.81 points, or 0.91 per cent to end at 80,604.65. The Nifty50 index plunged 269.95 points, or 1.09 per cent, to settle at 24,530.90
Interactive Brokers Group, Inc. (NASDAQ:) has reported a strong financial performance in the second quarter of 2024, with record net revenues and pretax income. The company experienced a significant increase in trading volumes, with commissions reaching $406 million and net interest income hitting a new quarterly high of $792 million. Interactive Brokers also reported robust
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