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Debashis Basu: Hear the savers' voices
Over the past several months, I have described the situation of savers from all possible angles — the hollowness of “know your customer” in financial services; problems of choice; the impossibility of excellence (like Apple or Toyota) inherent in the business model of financial companies; behavioural bias of regulators; regulations not designed to serve savers’ interests; and,

Sebi plans data format change for FII reports

Foreign institutional investors (FIIs) would soon have to follow a new data reporting format known as eXtensible Business Reporting Language (XBRL). This format is being followed by domestic

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BSE Sensex falls on weak GDP data; worst month since Nov

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BSE Sensex falls on weak data; worst month since Nov

The BSE Sensex fell on Thursday, ending May with the worst monthly performance since November, after weak economic growth data reinforced concerns about the country's challenges at a time of intense

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There is scope for 100 more AMCs to come: Sundeep Sikka

Even though Reliance Mutual Fund has lost the top position in terms of assets under management (AUM) to HDFC Mutual Fund, it still remains the most profitable fund house in the country. In an

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Not a perfect formula

In the past, Indian laws and courts used to be quite cagey about consent settlement. A new chapter has, however, been incorporated in the Code of Criminal Procedure, 1973 in 2006 to facilitate some

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