The market regulator said the mutual fund industry was doing fine and industry representatives agreed.
In a bid to build a blue-water navy capable of operating across oceans, Defence Minister A K Antony on Thursday commissioned the first of the Shivalik-class multi-role frigate with stealth features.
The hard to detect warships will form a crucial component of the Indian Navy after getting commissioned on April 29. It is equipped with a mix of Indian, Russian, Israeli and Western weapons and sensors.
Market-regulator Securities and Exchange Board of India on Tuesday said that it is looking at the need to put a check on mis-selling of mutual fund products by the distributors through a compliance certification examination.
At the press of a button in super-ATMs, investors would be able to transact and get all the information about mutual fund schemes.
The chairman's post will soon fall vacant, but that's not the only one that needs to be filled.
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