Gold exchange traded funds (ETFs) witnessed a net outflow of Rs 199 crore in January, making it the third monthly withdrawal in a row, with investors preferring equities over other segments on buoyant record SIP flow. This was in comparison to a net outflow of Rs 273 crore registered in the segment in December and Rs 195 crore in November. Prior to that, Gold ETFs attracted Rs 147 crore in October, data with Association of Mutual Funds in India (Amfi) showed.
Sisodia was unhappy with the recommendations, so he asked the then excise commissioner Rahul Singh to seek public opinion by placing the Dhawan Committee report on web site, the agency alleged in the chargesheet.
The shooting occurred at Monterey Park around 10 pm local time near the site of a Chinese Lunar New Year celebration, the US newspaper reported citing law enforcement sources and witnesses.
While the Raj Bhavan had on Thursday night said it placed the unprecedented 'dismissal' order on hold, the DMK regime asserted it would pick an appropriate action plan to counter and fight the move against the minister by Ravi, even though he backtracked from it.
The purpose of the provident funds is to help people in their retirement periods. Hence the EPF and PPF are for long term savings.
The application was filed before special judge MK Nagpal, who posted the matter for hearing on Saturday, his advocate Rishikesh said.
Retirement is usually associated with investing in safe avenues, which are reliable and generate a regular source of income.
The Centre has decided to rename Rajpath and Centre Vista lawns stretching from the Rashtrapati Bhavan to India Gate in New Delhi as 'Kartavya Path', official sources said.
AAP workers, nervous but hopeful, had their eyes glued to LED screens throwing the latest counting trends.
Delhi former Deputy Chief Minister Manish Sisodia is now lodged in Tihar's jail after Rouse Avenue Court on Monday sent him to judicial custody till March 20 in connection with the excise policy case.
The key problem with the current generation is that most people don't understand how much is enough to lead a good life! exclaims Virender Kapoor.
Fund mobilisation by companies through equity and debt routes has dropped 20 per cent in 2022 to nearly Rs 11 lakh crore, as exuberance dwindled this year due to expensive credit avenues and volatile markets. The first half of 2023 could continue to remain challenging. The year 2021 was extraordinary for fundraising from the equity and debt routes, while 2022 has seen a slowdown in capital raising owing to elevated volatility provoked by unprecedented inflation globally and the Russia-Ukraine war.
News outlets will not be allowed to broadcast former US president Donald Trump's historic arraignment on Tuesday in a Manhattan state court, New York Supreme Court judge Juan Merchan has ruled.
Chandrayaan-1 X-ray fluorescence spectrometer detected sodium from its characteristic line in X-rays which opened up the possibility of mapping the amount of sodium on the moon, ISRO said.
Retired POTUS Barack Obama and former First Lady Michelle Obama visited the White House for the unveiling of their official portraits on Wednesday, September 7, 2022, more than five years after they left their home on 1600 Pennsylvania Avenue.
The government's step could push investors to choose riskier equity, or to fall back on bank deposits, thereby negatively impacting the debt market which actually needs to grow, points out T N Ninan.
'The aim is also to probe how the ministry and testing agencies made negligence in examining these OEMs, so that such negligence is avoided in the future.'
A preview of many of the tableaux, some of which are still being constructed or given finishing touches, was held at the Rashtriya Rangshala Camp in the city.
A Delhi court on Friday sent former Delhi deputy chief minister Manish Sisodia, arrested in a money laundering case related to the excise policy, to the Enforcement Directorate's custody till March 17.
India will have 500 million mobile consumers by 2010 with 60 million mobile users having video capability, 100 million music capability, 200 million radio capability, 250 million camera capability and 250 million with Internet capability. These were some of the facts shared by D Shivakumar, vice-president and managing director, Nokia India, at the Goafest conclave. He said that in the next three years, India would add one and a half times more mobile users.
Violent clashes were witnessed in Bengal on Wednesday, September 13, 2022, during the Bharatiya Janata Party's Nabanna Abhijan (March to Secretariat) protest against the Mamata Banerjee government's alleged corruption.
The country's largest listed footwear brand by market capitalisation, Metro Brands, posted better than expected December quarter results for the 2022-23 financial year (FY23), riding on store expansion and strong same store sales (SSS) growth. Profitability too remained robust, even as net profit growth was marginally lower. The company, which retails across the Metro, Mochi, Walkway, Crocs and Fitflop formats, posted a 24 per cent growth in revenues over Q3FY22.
The redevelopment work of the Central Vista Avenue, stretching from Rashtrapati Bhavan to India Gate in New Delhi, will be completed within two-and-a-half months, Union Minister Hardeep Singh Puri said on Thursday.
Clashes had erupted in Paris on Dec. 10 after Morocco defeated Portugal as victory celebrations with waving flags and honking soon turned into violence on the streets as rioters thrashed storefronts, forcing the riot police to use teargas.
The Reserve Bank on Wednesday allowed inbound travellers from G20 nations arriving at select airports to use the popular UPI for making payments in the country. Later, the RBI also proposes to extend the Unified Payments Interface (UPI) facility to travellers from all countries. UPI is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing & merchant payments into one hood.
The Supreme Court agreed to hear on Tuesday itself the bail plea of Delhi Deputy Chief Minister Manish Sisodia, who is in Central Bureau of Investigation (CBI) custody, in connection with the excise policy case.
Redevelopment of the Central Vista Avenue, stretching from Rashtrapati Bhavan to India Gate and has a deadline of December 2021, has achieved 60 per cent of physical progress, the Union housing and urban affairs ministry told the Lok Sabha on Thursday.
The vintage artillery with 25-pounder guns that traditionally fires the thundering ceremonial 21-gun salute during the Republic Day celebrations will be replaced by 105 mm Indian field guns this year, as the government makes a further push for its Make in India initiative.
India's first digital rupee pilot project will commence on Tuesday with nine banks, including SBI, HDFC Bank and ICICI Bank, issuing the virtual currency for transactions in government securities. "...the first pilot in the digital rupee - Wholesale segment shall commence on November 1, 2022," the RBI said in a statement on 'Operationalisation of Central Bank Digital Currency-Wholesale (e?-W) Pilot'. It also announced that the first pilot in digital rupee - Retail segment is planned for launch within a month in select locations in closed user groups comprising customers and merchants.
Remember, pension from EPS will be taxable at slab rate, reducing the post-tax income for people who remain in the higher tax brackets after retirement.
Delegates of all G20 countries, barring China, arrived in Srinagar on Monday for the third working group meeting on tourism -- a much-anticipated event for which authorities have made extensive security arrangements and spruced up the summer capital of Jammu and Kashmir.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Tulsi Tanti, the founder chairman and managing director of Suzlon Energy and a renowned expert on renewable energy, died due to cardiac arrest on Saturday evening. Tanti, 64, who was also the chairman of the Indian Wind Turbine Manufacturers Association, was on his way to Pune from Ahmedabad when he suffered a cardiac arrest, a company official said. He is survived by his daughter Nidhi and son Pranav.
The International Olympic Committee (IOC) too, is going big on popularising e-Sport with Singapore being confirmed to host the inaugural Olympic Esports Week in June next year.
Whoever can make acquiring smartphones more affordable will win the sales game.
The Reserve Bank on Wednesday allowed credit cards to be linked with the unified payments interface (UPI), which will enable more people to make payments using the popular platform. At present, UPI facilitates transactions by linking savings or current accounts through users' debit cards. "...it is proposed to allow linking of credit cards to UPI," RBI Governor Shaktikanta Das said while announcing the regulatory moves, along with the bi-monthly policy review.
The ministry of home affairs has suspended the Foreign Contribution Regulation Act (FCRA) licence of prominent public think-tank Centre for Policy Research (CPR) over violation of laws, officials said on Thursday.
The court said his release may adversely impact the ongoing investigation and 'seriously hamper' its progress.
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