Posted in Fund

Fiscal deficit of 3.3% is just a number, can go up to 3.55%: party colleagues, advisors comfort FM Arun Jaitley

With general elections 2019 round the corner, the government looks set to go on a spending spree, offering freebies and sops. This may include direct…

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Sebi issues norms for mutual funds investments in derivatives

Markets regulator Sebi has decided to allow mutual funds to write call options subject to certain conditions. Generally, call options refer to an agreement that…

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Budget 2019 should bring debt, hybrid funds under Section 80C

Despite being an interim budget, there is no hard and fast rule which stops the outgoing government from framing any new major policies or benefits,…

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Govt plans to raise $11.21 billion from state asset sales in FY 20

The Indian government is likely to seek to raise about 800 billion rupees ($11.21 billion) through the sale of state-owned assets in the next fiscal…

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Naresh Goyal may step down from Jet Airways board, but on one condition

Jet Airways Chairman Naresh Goyal could soon step down from the restructured board of the beleaguered airline provided UAE-based Etihad Airways, which holds 24 per…

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Kumbh Mela 2019: At Rs 4,236 crore, this year’s mela in Prayagraj is costliest ever

Yogi Adityanath-led Uttar Pradesh government has allocated Rs 4,236 crore for the Kumbh Mela 2019, an iconic Hindu festival that is celebrated every six years,…

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FICCI calls for fresh worker housing scheme for textiles, garment workers

In India, jobs don’t come to people. People go to jobs — some  states have the supply of labour while other states the demand. The…

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Couple sells tea to fund world travel; has visited 23 countries so far

Anand Mahindra, who is quite vocal on social media, often shares and retweets some of the best stories on the internet. In a tweet today,…

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Sebi issues new format for mutual funds’ monthly report

Markets regulator Sebi on Tuesday came out with a new format for asset management companies (AMCs) for monthly cumulative reporting. From April 2019 onwards, AMCs…

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Meet the preserve army of Landour

Landour, in the district of Dehradun, Uttarakhand, is perhaps India’s only Anglo-American town. A convalescence centre for British soldiers, it was Captain Frederick Young, a…

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