This reform aims to enhance the ease of doing business for entities such as housing societies, joint ventures, and cooperative associations by streamlining asset management.
4 min read23 Oct 2024India ranks 9th globally with over 17 crore active Demat accounts, showing a rise in stock market participation. In 2024, 3.18 crore new accounts were opened, highlighting the importance of a Demat account for wealth creation and investment opportunities.
6 min read18 Oct 2024India’s IPO market is booming, with 47 companies raising ₹16,152 crore in September. Retail investors are driving demand, especially in the SME segment, where offerings are often oversubscribed.
3 min read16 Oct 2024Navigating the maze of India’s Investor Education and Protection Fund often turns recovering unclaimed shares into a bureaucratic nightmare. Despite reforms, many investors remain trapped in outdated processes, while a lack of awareness leaves others unaware of their lost assets.
8 min read20 Sep 2024The Bombay high court imposed a penalty of ₹80 lakh on Sebi and the exchanges for freezing the demat accounts of people erroneously classified as promoters, suggesting there should be a shift from promoter to person in control for accountability.
4 min read6 Sep 2024The process is straightforward but demands careful attention to detail and due diligence. Here’s a step-by-step guide to the potential costs, and pros and cons.
5 min read22 Aug 2024Simplifying personal finance for you - one step at a time! Tune into Mint Money Shots to know those little tips and tricks on how to manage your money smartly, be it mutual funds, or any other investment vehicle! Partnered with Invesco Mutual Fund
12 Jul 2024Understanding the differences between SOA and demat methods of holding MF units is crucial for making sound financial decisions. SOA offers cost efficiency and flexible withdrawals, while demat provides real-time tracking and ease of asset transfer.
4 min read12 Jul 2024Demat account additions exceeded 4 million in June 2024, marking a 4.24% increase from the previous month. NSE reported a 3.1% MoM increase in active clients. Key discount brokers showed varied performances, with Groww seeing a robust 5.4% MoM rise to 1.09 crore clients.
2 min read11 Jul 2024Opening a demat account is the first step in entering the financial world. Choose between NSDL and CDSL depositories, provide correct information, and avoid common mistakes to ensure a successful account opening process.
2 min read26 Jun 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
IndiGo crisis: Get all the latest news and headlines on the ongoing crisis in IndiGo airlines, IndiGo share and IndiGo stocks on Livemint