
September 28, 2020 17:00 IST
There are currently three ESG schemes managing close to Rs 4,500 crore (two of these launched in the last 15 months), while at least five more fund houses have lined up new schemes.
Tue, Sep 29, 2020
September 28, 2020 03:00 IST
According to data released by the Reserve Bank of India (RBI), in the fortnight ended September 11, the currency with public increased by Rs 17,891 crore to hit a new high of Rs 26 lakh crore.
Mon, Sep 28, 2020
September 25, 2020 05:00 IST
In a situation of high inflation and declining interest rates, fixed deposits (FDs) with banks will have to take the backseat in an investor’s asset allocation, especially for those in the highest marginal tax bracket.
Sat, Sep 26, 2020
September 25, 2020 01:27 IST
There is a possibility this exit will be used by the US to push for a further revision in India’s tariffs on goods such as top-end motorcycles, given that the tariff barrier did not sustain Harley-Davidson’s Make in India efforts, said a trade analyst on condition of anonymity.
Fri, Sep 25, 2020
September 24, 2020 04:30 IST
Records investigated show that Indian banks mentioned in the SARs include: state-owned Punjab National Bank (290 transactions); State Bank of India (102); Bank of Baroda (93); Union Bank of India (99) and Canara Bank (190), among others.
Thu, Sep 24, 2020
September 23, 2020 04:39 IST
In two SARs, the bank said that Singapore-based LGO Pte, a company where Analjit Singh is a director, which had an account with the bank, carried out transactions with “unknown entities, located in high-risk jurisdictions.”
Wed, Sep 23, 2020
September 23, 2020 00:34 IST
Shapoorji Pallonji Group has told the Supreme Court their separation from the Tata Group is necessary, and the Tata Group has said they are willing to buy the stake of SP Group in Tata Sons.
Thu, Sep 24, 2020
September 22, 2020 08:03 IST
NHAI's InvIT will be a Trust established under the Indian Trust Act, 1882 and SEBI regulations. The InvIT Trust will be formed with the objective of investment primarily in infrastructure projects.
Tue, Sep 22, 2020
September 21, 2020 01:00 IST
Between November 24, 2014 and January 28, 2015, JSPL sent $1.799 million to Mauritius-based Trans Global Minerals and Metals Corporation (TGMM) and also sent $1.3 million to Germany-based Oceanwide Services GmbH. During the same period, JSPL received $1.323 million from Dubai-based Power Plant EPC Ltd.
Wed, Sep 23, 2020
September 21, 2020 00:30 IST
From steel major to IPL sponsor, diamond merchants to those under ED, CBI scanner, several Indian individuals and entities have been referred in secret reports by banks to US Treasury’s Financial Crimes Enforcement Network.
Wed, Sep 23, 2020
September 18, 2020 01:25 IST
Prices rose steadily for over a year, and gold gave good returns. It is advisable to invest on a periodic basis through gold bonds. Many experts feel gold will continue to be strong for some time now.
Sun, Sep 27, 2020
September 16, 2020 03:37 IST
At its meeting last week, the Central Board of Trustees (CBT) chalked out a plan of action after discussing the status reports of the risky investments spread across companies including Reliance Capital, DHFL, IL&FS, Yes Bank, Indiabulls and IDFC, three CBT members said.
Wed, Sep 16, 2020
September 13, 2020 00:45 IST
Top officials across various fund houses said they would explore the option of telling their investors to invest in their large- and mid-cap fund or they would look at merging their multi-cap fund with their large-cap fund.
Sun, Sep 13, 2020
September 12, 2020 13:36 IST
If a multi-cap scheme of a fund house has an AUM of Rs 10,000 crore, it will have to invest at least Rs 2,500 crore each in the three categories of stocks. The fund manager is free to invest the remaining Rs 2,500 crore in any category they want.
Sun, Sep 13, 2020
September 12, 2020 01:06 IST
The stock markets are set to witness a portfolio reshuffle over the next few months as fund houses will shift their allocation of multi-cap funds from heavily weighted large-cap companies to mid- and small-cap companies in a bid to adhere to the minimum investment requirement of 25 per cent each in large-, mid- and small-cap companies.
Sat, Sep 12, 2020
September 11, 2020 03:55 IST
Amid job losses, pay cuts, end of loan moratorium, and a proposed split in interest payment on provident fund, should you withdraw from your provident fund? It depends on your need, and how it affects your credit history
Wed, Sep 16, 2020
September 09, 2020 20:08 IST
The sharp decline in technology stocks, that include some of the biggest companies in world, had a ripple effect on global markets too and has kept the markets in Asia and Europe under stress over the last week.
Sun, Sep 13, 2020
September 09, 2020 04:24 IST
NBFCs, however, say that while short-term liquidity has gone up significantly in July and August, it won’t result in credit flow in the economy.
Wed, Sep 09, 2020
September 08, 2020 03:36 IST
The Kamath panel has said companies in sectors such as retail trade, wholesale trade, roads and textiles are facing stress. The sectors that have been under stress pre-covid include NBFCs, power, steel, real estate and construction among others.
Tue, Sep 08, 2020
September 07, 2020 00:39 IST
Data from the RBI shows that in the 15-month period, the weighted average lending rates on outstanding rupee loans has come down by only 53 bps or almost one-fifth of the cut in repo rate — the rate at which the RBI lends to commercial banks.
Mon, Sep 07, 2020
September 06, 2020 14:29 IST
Today, the country can depend on its soaring foreign exchange reserves to tackle any crisis on the economic front.
Sun, Sep 13, 2020
September 04, 2020 04:25 IST
KYC, due diligence eased for Singapore, Indian regulators to share information
Fri, Sep 04, 2020
September 04, 2020 03:35 IST
Rural development spending, for instance, rose 145.4 per cent to Rs 1,02,096.5 crore in April-July 2020, from Rs 41,589.2 crore in April-July 2019.
Fri, Sep 04, 2020
September 03, 2020 03:40 IST
In the wake of record GDP contraction, experts, including the Reserve Bank of India (RBI), noted that a government-led spending push is needed for revival of the economy.
Thu, Sep 03, 2020
September 03, 2020 03:01 IST
Stating that there is a disconnect between what is being publicly said and what needs to be done immediately in the short run, he said that if you publicly deny that there is a big problem, you are removing the scope for significant action in the immediate term.
Thu, Sep 03, 2020



