Multi-asset allocation funds emerged as the most popular option for MFs as they provided the needed flexibility.
The Centre is planning to undertake a study to look into ways to maximise the use of the quantum of water from the three rivers that Pakistan had earlier used under the Indus Water Treaty, now that the agreement has been suspended, officials said.
AIMIM chief Asaduddin Owaisi slammed Pakistani politician Bilawal Bhutto-Zardari for his "blood would flow in rivers" remark and called former cricketer Shahid Afridi a "joker" for his comment on the Pahalgam terror attack. Owaisi also supported India's decision to suspend the Indus Waters Treaty and called for Pakistan to be placed on the FATF grey list. He also advocated for cyber attacks against Pakistan.
The Indus system of rivers comprises the main river -- the Indus -- along with its five left bank tributaries, namely, the Ravi, the Beas, the Sutlej, the Jhelum and the Chenab. The right bank tributary, the Kabul, does not flow through India.
India has suspended the Indus Waters Treaty with immediate effect, accusing Pakistan of breaching the pact by refusing to negotiate modifications and engaging in sustained cross-border terrorism. The decision follows a recent terror attack in Jammu and Kashmir that killed 26 people. Pakistan has rejected India's move, calling it an "act of war."
The meeting in Delhi will continue on Tuesday as well, according to the Pakistani high commission.
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The sources said India has always been a steadfast supporter and a responsible partner in implementing the IWT in letter and spirit.
India has issued a notice to Pakistan for modification of the Indus Waters Treaty of September 1960 following Islamabad's "intransigence" on its implementation
In a first since the signing of the Indus Water Treaty between the two countries, three female officers will also be part of the Indian delegation, which will be advising the Indian Commissioner on various issues during the meeting, the official said.
Pakistan has raised objections to the design of India's Kiru hydroelectric plant, a mega 624 MW project over the Chenab river in Jammu and Kashmir, but New Delhi asserts that the project is fully compliant with the Indus Water Treaty, according to officials.
The talks as part of the annual Permanent Indus Commission meeting are being held after a gap of over two years.
The three-day meeting between the two commissioners of PCIW completed discussions on all agenda items on Wednesday.
Gadkari said the water of these 'Eastern rivers' will be diverted and supplied to Jammu and Kashmir and Punjab.
This will be the annual meeting of the Permanent Indus Commission. Under the provisions of the Indus Water Treaty, both the commissioners are required to meet at least once a year alternately in India and Pakistan.
Malaysian athletics official Karim Ibrahim has been hit with a six-year ban after he was found guilty of being involved in two doping cases, local media reported on Friday.
Thursday's judgement implies that the 2004 Act was not in consonance with the apex court judgement of 2003 which had mandated the construction of the SYL canal that has been stalled.
'These firms do not contravene provisions of Chartered Accountants Act, 1949, which bar members of the countries not allowing Indians to practice accountancy in their jurisdiction to become chartered accountants in India,' said the committee, headed by Anurag Agarwal, a joint secretary in the ministry of corporate affairs, and such Indian audit firms cannot be equated with multi-national corporations.
The 40-year-old Indus Water Treaty between India and Pakistan has been an outstanding example of conflict resolution but scarcity of water in the basin states since the early 1990s has brought the agreement under strain and its "survival appears weak", according to a UN report.
The scion of erstwhile Patiala Royal family refused to comment on the number of ministers who will be part of the new cabinet.
SYL has been a contentious issue between the two states with the Punjab portion of the canal still incomplete.
Pakistan Prime Minister Nawaz Sharif on Monday approved in principle the financing plan of the much-delayed 4500 megawatt Diamer-Basha Dam project on the Indus river in Pakistan-occupied Kashmir and asked officials to expediate its construction.
'Much can be done by India under the provisions of the treaty to make full use of its rights it has.' 'The impact of that will be felt downstream.'
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