SEBI Board Meet

SEBI announces slew of market friendly reforms at its board meet In the last couple of years, SEBI board meetings are becoming a key forum for important regulatory decisions. The last SEBI board meeting on 21st August made important shifts in 4 key areas. Simplifying FPI investments That was perhaps the theme of the Board…

STT on Options

Why the new STT rule for Options could make a big difference The modified formula for STT on options will kick in from September 01. The STT is normally levied on both sides of a delivery trade in the market and only on the sell-side of intraday and derivatives trades. Let us look at why…

FM Package

Will the package announced by the FM really give a boost to markets The long awaited package from the Finance Minister finally happened post trade on Friday. The impact will be known only on Monday but it surely has enough fuel to fire up the markets. Tax reliefs happen finally While the super rich tax…

DVR Shares

What the new norms for DVR shares mean for corporate India DVR shares have been around in India for over 10 years now with companies like Tata Motors, Jain Irrigation, NRE Coke and Future Group having issued such shares. Differential Voting Rights (DVR) shares offer a means to raise capital without diluting control. That is…

Inverted Yields

How to interpret the inverted yield curve in the US bond markets Over the last few days, there has been a lot of debate in the public domain about the US yield curve taking on an inverted shape. This is not a normal occurrence and is being interpreted in the market as a signal of…

Market Boost

What the Finance Minister needs to do to revive stock markets Over the weekend there has been a lot of optimism and enthusiasm built round the meeting between the PM and the finance minister. With ANZ Bank now reducing India’s full year GDP growth target to just 6.2%, the problem is almost real. Here is…