Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
The CBI had arrested Sisodia last week in connection with alleged corruption in the formulation and implementation of the now-scrapped liquor policy for 2021-22.
The court on Thursday directed the CBI to withdraw a Look-Out Circular issued against Patel in a case of an alleged violation of the Foreign Contributions Regulation Act and apologise to him.
In the coming few weeks, agriculture markets in North and Central India will be full of wheat, mustard, and chana - the three main rabi crops grown in these parts. Not only will the price trajectory of these determine the course of food inflation in the months to come, but it could also have a wider impact on the rural economy in the main growing states for these crops. Wheat and chana are largely grown in Madhya Pradesh (MP).
The Reserve Bank will launch the first pilot for retail digital rupee in Mumbai, New Delhi, Bengaluru and Bhubaneswar on December 1, and later expand it to nine more cities in the initial phase. This follows a month after the RBI had started a pilot in the digital rupee - wholesale segment on November 1. The Reserve Bank announces the launch of the first pilot for retail digital rupee (e?-R) on December 1, 2022, the central bank said in a statement on Tuesday.
Former Delhi deputy chief minister Manish Sisodia 'conspired' with others to frame a faulty excise policy in order to generate kickbacks and proceeds of crime to the tune of more than Rs 290 crore, the Enforcement Directorate (ED) alleged before a court in New Delhi on Friday.
Former US President Donald Trump is expected to appear before a specially secured Manhattan courthouse on Tuesday to be arraigned on history-making criminal charges related to paying hush money to a porn star during his 2016 presidential campaign.
The federal probe agency also made a fresh arrest in this case as it took into custody Hyderabad-based liquor businessman Arun Ramchandra Pillai, they said.
The Supreme Court on Tuesday dismissed a plea challenging the Delhi high court order which had rejected a public interest litigation (PIL) seeking to halt Central Vista construction work in view of the COVID pandemic.
'Strong regulations are crucial for the orderly development of the market.'
As protests against the new military recruitment scheme Agnipath continue to rage across states, National Security Advisor Ajit Doval on Tuesday said in the future we are heading towards a scenario where there will be contactless wars against invisible enemies and the country needs a young fit and agile army.
'It is requested that listed equity shares or units of equity-oriented fund schemes be exempted from capital gains tax (LTCG) if equity shares or mutual funds units are held for at least three years.'
The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use cases with a view to bolstering India's digital economy, making payment systems more efficient, and checking money laundering. In a concept note on Central Bank Digital Currency, the RBI said CBDC is aimed to complement, rather than replace, current forms of money and is envisaged to provide an additional payment avenue to users, not to replace the existing payment systems. "Supported by state-of-the-art payment systems of India that are affordable, accessible, convenient, efficient, safe and secure, the Digital Rupee (e?) system will further bolster India's digital economy, make the monetary and payment systems more efficient and contribute to furthering financial inclusion," the paper said.
'Everyone struggles with it (body image issues) as a human condition.' 'There are days when it really gets to you, but we move on.'
The Enforcement Directorate on Friday claimed before a Delhi court that Aam Aadmi Party leader and former deputy chief minister Manish Sisodia was involved in "large scale destruction of digital evidence to impede investigation" into the Delhi excise policy case and had changed and destroyed 14 phones.
Meta-owned Facebook 'actioned' about 21.6 million content pieces across 13 violation categories in India during March, according to a monthly report by the social media giant.
The safest car in its segment is now available in a 7-speed automatic transmission avatar, named as the Altroz DCA (Dual Clutch Automatic), says Rajesh Karkera/Rediff.com.
American media quoted Trump's attorneys as saying that the 76-year-old Republican leader, eying the White House for a second time in 2024, will plead not guilty.
The officials said the members of the South Lobby, which wanted to swing the policy in its favour with exorbitant profits for liquor wholesalers, had stayed in the hotel in the national capital from March 14 to 17 in 2021 and used its business centre to make photocopies of some documents.
The Supreme Court said on Thursday it will set up a fresh five-judge Constitution bench to hear the pleas challenging the constitutional validity of polygamy and 'nikah halala' among Muslims.
RCMP said they received a report that the two suspects, identified as Damien Sanderson and Myles Sanderson, may have been travelling in the Arcola Avenue area in Regina.
Increasing sugar production shall create problems for the industry, whereas boosting ethanol output can bring rich returns, Union Minister Nitin Gadkari told sugar mills on Wednesday. Speaking at a conference on sugar and ethanol, organised by the Indian Sugar Mills Association, Gadkari surprised the audience comprising senior executives of sugar mills by stating that the future will become bleak for the industry if it continues to churn out high quantities of sugar. "We need more ethanol than sugar. Also, bio-ethanol is the way to go as it can be stored for a longer duration as compared to conventional ethanol. "If you increase sugar production, it will create more problems for you.
Delhi Chief Minister Arvind Kejriwal was questioned for nearly nine hours by the Central Bureau of Investigation (CBI) on Sunday in the excise policy case, amid protests by his party as the Aam Aadmi Party chief claimed that the allegations of scam were false and the agency was acting at the Bharatiya Janata Party's behest.
'It is easier to make friends with strangers as they are non-judgmental.'
All the proceedings against Choksi of illegal entry into Dominica were dropped on May 20, the spokesperson said.
Chowdhury, the leader of the Congress party in the Lok Sabha, claimed that his account was hacked as he was delivering a speech at a party office in West Bengal's Murshidabad district when the social media post was made.
'The cracks I saw yesterday were the largest I have seen in my life. We are scared.'
Indian start-ups raised issues, such as blockages in international wire transfers, disruptions due to threshold limits on withdrawals, lack of communication from US agencies, and the need for preferential access to credit, in a meeting with the government over the fallout of Silicon Valley Bank's collapse. Rajeev Chandrasekhar, minister of state for electronics and information technology, held a virtual meeting with over 450 members from start-ups, venture capitalists, and investors who have been directly affected by the closure of SVB. He assured them that the IT ministry would put together a list of suggestions and give it to the finance minister on behalf of start-ups.
The plea also states that the petitioners are also questioning why or how the project constitutes an "essential service", merely because some executive mandated contractual deadline has to be met.
The Central Bureau of Investigation on Friday approached a Delhi court seeking revision of its order directing the agency to withdraw a Look Out Circular issued against Aakar Patel even as the activist filed a contempt plea against the agency, stating that he was not allowed to leave the country once again despite the court's order.
Nitin Menon left the IPL bio-bubble after his wife and mother tested positive for COVID-19.
The Supreme Court on Tuesday sought the response of the National Human Rights Commission (NHRC), National Commission for Women (NCW) and the National Commission for Minorities (NCM) to pleas challenging the constitutional validity of polygamy and 'nikah halala' among Muslims.
Gandhi said avenues of employment for the average young person in rural India are largely restricted to seeking government jobs but the government is employing less than before in every sector be it defence, police, railways or education.
