No knee-jerk reaction on P-Notes curbs: Jaitley to investors

Last Updated: Monday, July 27, 2015, 19:18

The comments came as stock markets slumped over 580 points and rupee slid to 64.15 to a dollar as investors saw any government action against P-notes as hurting genuine foreign investments.

Stock market investors become poorer by Rs 1.50 lakh crore

Last Updated: Monday, July 27, 2015, 18:54

Total investor wealth of BSE-listed companies plummeted by Rs 1,50,994.8 crore to Rs 1,02,62,579 crore.

Don't fear knee-jerk reaction on P-Note curbs: FM to investors

Last Updated: Monday, July 27, 2015, 15:11

Participatory Notes (P-Notes) are used by large number of foreign investors to invest in equity markets without disclosing their identity to the market regulator Sebi.

Sensex tumbles 437 points on P-Note worries, Nifty cracks 8,400

Last Updated: Monday, July 27, 2015, 14:17

Markets plunged amid fears that the government may accept Supreme Court-appointed, Special Investigation Team (SIT) recommendations of stricter norms for participatory notes (P-notes) on markets, equity brokers said.

Govt not to take any steps that will impact investment climate: Arun Jaitley

Last Updated: Monday, July 27, 2015, 12:12

“It is too early to say what action government will take on SIT recommendations,” Jaitley said. “The government will take view on FSLRC Recos on MPC after receiving feedback.”

Govt to hold consultations on P-notes, no decision yet: Revenue Secretary

Last Updated: Monday, July 27, 2015, 11:09

The Supreme Court-appointed SIT on black money last week recommended a host of measures, including suggesting the securities regulator SEBI to tighten norms related to participatory notes investments into India.

SIT suggests host of tough measures to check black money

Last Updated: Friday, July 24, 2015, 23:29

Seeking a tight rein on black money, the Supreme Court-appointed SIT Friday recommended enacting tough laws to curb betting in cricket, bring donations to education and religious bodies under tax net, monitoring unusual rise in stock prices and regulating P-Notes.

SIT asks SEBI to clamp down on tax evaders, P-Note misuse

Last Updated: Friday, July 24, 2015, 22:25

Concerned over flow of black money into stock market, the Supreme Court-appointed SIT today asked regulator SEBI to compulsorily identify real owners of foreign funds coming through the controversial P-Note route and also prosecute those using equities for tax evasion.

Investment via P-notes drops to Rs 2.75 lakh cr in June

Last Updated: Wednesday, July 22, 2015, 13:40

Investments through participatory notes (P-Notes) into India's capital market dropped to Rs 2.75 lakh crore (about USD 43 billion) at the end of June, after touching over seven years high in the preceding month.

RBI issues Rs 100 notes with new numbering pattern

Last Updated: Thursday, July 9, 2015, 20:40

Reserve Bank of India (RBI) on Thursday said it has issued Rs 100 denomination banknotes in the Mahatma Gandhi Series-2005 with a new numbering pattern.

RBI to soon test waters with plastic notes of one denomination

Last Updated: Thursday, July 2, 2015, 20:26

RBI will soon "test waters" for plastic currency, beginning with Rs 10 notes and the process should be "fully on" in the coming year.

P-Notes cover lost ground, investments race to over 7-year high

Last Updated: Tuesday, June 30, 2015, 15:18

Investments through participatory notes (P-Notes) into India's capital market stood at Rs 2.85 lakh crore (about USD 45 billion) at the end of May, the highest level in more than seven years.