Monthly Archives: December 2016

How to read your CIBIL Credit Information Report

By | December 28, 2016

How to read your CIBIL Credit Information Report Your CIBIL TransUnion Score & Credit Information report plays a critical role in the loan evaluation process. Learn more about us, how to interpret your credit information report and tips to improve Credit Score. Higher the Credit Score, higher are the chances for a loan approval! (… Read More »

Pay wages to workers electronically : Delhi Govt order to Employers / Contractors

By | December 28, 2016

In a bid to promote digital transactions, the Delhi government has directed all employers and contractors in the city to pay wages to their workers either electronically or through cheques. The Labour Department of the Delhi government has issued an advisory asking all contractors and employers to adopt such mode of payments to disburse wages… Read More »

Position limits of Stock Brokers / FPIs / Mutual Funds for stock derivatives contracts

By | December 28, 2016

CIRCULAR SEBI/HO/MRD/DP/CIR/P/2016/143 December 27, 2016 To, All Stock Exchanges (except for Commodity Derivatives Exchanges). Dear Sir / Madam, Subject: Review of the position limits available to Stock Brokers / Foreign Portfolio Investors (FPIs) – Category I & II / Mutual Funds (MFs) for stock derivatives contracts The position limits for Trading Member / Foreign Institutional… Read More »

Potatoes permitted for export without any Minimum Export Price

By | December 28, 2016

(To be Published in the Gazette of India Extraordinary Part II Section 3, Sub Section (ii)) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan Notification No. 32/2015-2020 New Delhi, Dated the 27 December, 2016 Subject: Export Policy of Potato — Removal of Minimum Export Price (MEP) on export of potatoes… Read More »

RBI allowed FPIs to transact directly in Indian Company non-convertible debentures/bonds

By | December 27, 2016

Purchase and sale of securities other than shares or convertible debentures of an Indian company by a person resident outside India RBI/2016-17/197 A.P. (DIR Series) Circular No.23 December 27, 2016 To All Category – I Authorised Dealer Banks Madam/ Sir, Purchase and sale of securities other than shares or convertible debentures of an Indian company… Read More »