125 feared dead as glacial break triggers massive floods in U'khand

A portion of the Nanda Devi glacier broke off in Uttarakhand's Chamoli district on Sunday, triggering an avalanche and a deluge in the Alaknanda river system that washed away hydroelectric......

Global gold demand in Q1 falls 8% to 948.4 tonnes

Global gold demand has seen a year-on-year decline of 8 per cent during the April-June period to 948.4 tonnes and going ahead further monetary tightening and continued dollar strength may pose......

EPFO likely to hike investment limit in equities to 20%

Retirement fund body EPFO is likely to approve this month a proposal to enhance its investments in equites to up to 20 per cent of the investible deposits from the current limit of 15 per cent.......

Equity MFs attract Rs 15,498-cr in Jun on strong SIP flows

Investors continue to back-up equity mutual funds in June as such schemes attracted a net inflow of Rs 15,498 crore on strong flows from systematic investment plans despite volatility in the stock......

Mutual funds allowed to invest in international stocks

Capital markets regulator Sebi has permitted mutual funds to again invest in foreign stocks within the aggregate mandated limit of $7 billion for the industry. Illustration: Dominic......