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Nepal quake: IAF, army made 2,223 sorties, rescued 11,200 people

In the just-concluded 'Operation Maitri' in the quake-hit Nepal, the Indian Air Force and the army flew 2,223 sorties, shifted about 11,200 people to safer places and transported and dropped about......

SOS Kashmir: No power, phone lines down, lakhs homeless

Massive relief operations are underway in Jammu and Kashmir where floods have claimed over 150 lives and left lakhs stranded. A Kashmiri man evacuates an elderly woman to a higher ground at a......

New gold ETF norms may make investment risky

Gold exchange traded funds (ETFs) have a new element of risk. These schemes which earlier held physical gold equivalent to the unit holders’ investments, now lend a portion of these, as part......

Retail investors may be unable to tap govt ETF

The lack of a robust distribution network for the sale of mutual fund products in India could limit the participation of retail investors in the Rs 3,000-crore (Rs 30-billion) new fund offer of the......

Disinvestment ETF to hit market next week

The much-awaited disinvestment exchange-traded fund, which is expected to help the government raise about Rs 3,000 crore (Rs 30 billion), will open for subscription next week, three people with......

Power Grid out of ETF; FinMin files offer document

Power Grid Corporation has been kept out of the proposed CPSE Exchange Traded Fund, which will now consist of 10 companies, including ONGC, Coal India, GAIL and Indian Oil. The Finance Ministry has......

PSU exchange-traded fund a weak bet for investors

Putting money in key PSUs a better optionThe Centre has approved the plan to launch an exchange-traded fund (ETF) comprising 11 blue-chip stocks of public-sector undertakings (PSUs), despite the......
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China Brokers to Invest $19 Billion to Curb Market Plunge

Beijing : China's 21 largest brokerage firms announced on Saturday they would invest more than $19 billion in the country's stock markets in order... ...

http://profit.ndtv.com/news/market/article-china-brokers-to-invest-19-billion-to-curb-market-plunge-778201
How to make it work

T VK Sharma, former ED of Reserve Bank of India (RBI) says the scheme will not work as at some point banks will have to import gold to give it... ...

http://www.moneycontrol.com/news/economy/gold-monestisation-scheme-how-to-make-it-work_1795781.html
Oil Oversupply Meets Rising Demand in Quietest Market Since 2013

The sleepiest oil market since 2013 will probably limp through the second half of the year as well. Crude traded in a $5 range in June, the... ...

http://shippingtribune.com/oil-oversupply-meets-rising-demand-in-quietest-market-since-2013/
Government sets the ball rolling for divestment worth Rs 20,000 crore in 10 PSUs

After a two-month lull, the government's disinvestment drive for 2015-16 seemed to be back in focus. The Centre on Friday issued requests for... ...

http://smartinvestor.business-standard.com/market/Marketnews-321731-Marketnewsdet-Government_sets_the_ball_rolling_for_divestment_worth_Rs_20_000_crore_in_10_PSUs.htm
Govt seeks legal advisers to sell Oil India, NTPC, EIL stakes

NEW DELHI : The government will sell a minority stake in the nation's biggest power producer NTPC, as well as in Oil India Ltd and three other PSUs... ...

http://www.freepressjournal.in/govt-seeks-legal-advisers-to-sell-oil-india-ntpc-eil-stakes/

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