tag:blogger.com,1999:blog-18119069961264649522024-09-13T14:31:31.323-07:00Essentials of Money and FinanceShare my insights on the basics of money, finance and Finance news and how that affects each one of you. You will get some basics on how to make more with what you have.TC Dineshhttp://www.blogger.com/profile/17648104373248599665noreply@blogger.comBlogger13314tag:blogger.com,1999:blog-1811906996126464952.post-33087473079289719932010-04-07T00:42:00.000-07:002010-04-07T16:30:21.455-07:00Sebi reduces public issue timeline to 12 daysThe Securities and Exchange Board of India (Sebi) has proposed to reduce the time between the closure of a public issue and its listing to 12 days from the current threshold of 22 days. This will be applicable to public issues will op[en after May 1 2010. It takes bout 3 weeks now.This way, small time players who want to make some quick buck for listing gains can get better ROI given this TC Dineshhttp://www.blogger.com/profile/17648104373248599665noreply@blogger.com1tag:blogger.com,1999:blog-1811906996126464952.post-87584488277484386672010-04-07T00:24:00.001-07:002010-04-07T18:50:33.778-07:00Banks to give 3.5% p.a. returns on savings accountsStarting 1 April, we all will get 3.5% per annum interest for funds that are idle in our savings bank accounts. Earlier banks were mnadated to give 3.5% per annum returns on the lowest balance between the 10th and the end of any month.Assume that in month, one had deposited a large sum on on the 15th of a month and keep it there for the rest of the month. One would tend to think it will get some TC Dineshhttp://www.blogger.com/profile/17648104373248599665noreply@blogger.com0tag:blogger.com,1999:blog-1811906996126464952.post-15897707073547971402010-04-07T00:20:00.001-07:002010-04-07T16:47:23.323-07:00Government to contribute in New Pension Scheme (NPS)In the recent budget, there is a proposal that the government will match contributions upto Rs 12,000 a year to people who contribute up to Rs 12,000 a year into their New Pension System (NPS) accounts as a perk and boost investment in NPS which has not taken of in a big way.More on NPS and the Pros and Cons of the same in future.Meanwhile, happy reading.TC Dineshhttp://www.blogger.com/profile/17648104373248599665noreply@blogger.com1tag:blogger.com,1999:blog-1811906996126464952.post-7071302777673090782008-12-08T19:39:00.000-08:002008-12-08T19:40:42.739-08:00SEBI to allow allow exchange-traded interest futuresAfter the launch of the futures for exchange rates between the US dollar and the Indian Rupee, The Securities and Exchange Board of India (Sebi) will allow exchange-traded interest rate futures in January, a senior official said on Monday.“We are on track to launch interest rate futures. It will be launched by January”, T.C. Nair, director at the markets watchdog told an industry conference. SebiTC Dineshhttp://www.blogger.com/profile/17648104373248599665noreply@blogger.com2