Mutual fund bets in their own schemes are nearing the Rs 1 trillion mark. The total value of sponsor and associate investments across all categories of schemes touched Rs 95,058 crore in February, according to a Business Standard analysis of data from industry body the Association of Mutual Funds in India (Amfi). This represents a 28.9 per cent increase over March 2023.
The ECI data covers 20,421 bonds worth Rs 12,769 crore. The ADR data, however, collated information on 27,811 bonds worth Rs 16,492 crore. The gap is nearly Rs 4,000 crore and involves over 7,000 bonds.
Forty-two of the 102 Lok Sabha seats going to polls in the general election's first phase are constituencies that have three or more candidates facing criminal cases, according to a poll rights body.
Asokan said Ramdev went against the medical profession by saying "modern medicine is a stupid and bankrupt science".
The triumphant Mumbai team will receive an additional Rs 5 crore for its unprecedented 42nd Ranji Trophy title after the state cricket association doubled the prize purse on Thursday.
These are usually found among small and midcaps. It is not easy to find such stocks, especially after a strong bull market, discovers Debashis Basu.
'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'
Equity mutual fund (MF) schemes have raked in Rs 46,200 crore in net lump-sum inflows in the past six months (ended February 2024), almost thrice the inflow in the previous six-month period.
Factionalism is nothing new to Bihar cricket and the ugly infighting that has been running well over two decades has robbed the state of some notable talents, besides attracting the ire of the BCCI.
The ruling BJP's income forms 76.73 percent of the total income of the six national parties during FY 2022-23, it said.
The Congress has fielded 121 candidates with declared criminal cases and 61 with serious criminal cases.
The country's six largest smallcap schemes would require more than 20 days to liquidate half of their holdings, despite most of them maintaining high cash levels and having considerable exposure to more liquid largecap stocks, stress tests conducted by fund houses reveal. For midcap funds, the time required to sell half of the assets of the top six schemes varies between seven and 34 days, according to disclosures made by asset management companies. The Securities and Exchange Board of India (Sebi) had called for such tests in the face of strong inflows into smallcap and midcap funds, despite concerns over high valuations, to keep investors better informed.
Nearly Rs 3,400 crore (Rs 34 billion) in cash and other items were seized in the elections in 2022-2023, an increase of 835 per cent over 2017-2018.
Kate Middleton on Monday apologised for 'any confusion' caused by a royal family portrait released by Kensington Palace of her posing with her three children, the first photograph made public since her abdominal surgery in January.
The Securities and Exchange Board of India (Sebi) is considering segregation of settlement for proprietary trades and retail trades to avoid misuse and circumvention by certain brokers, its chairperson Madhabi Puri Buch said recently. Proprietary trading refers to trades done by brokers and other financial institutions using their own capital. "There are some people who are permitting access to their clients through prop accounts for a variety of reasons, including wanting to fund their margins.
Since March 2020, when the Nifty50 plummeted to 7,511 following the announcement of a nationwide lockdown, the stock market has been on an upward trajectory. Over the next four years, the major market index has delivered a remarkable compounded annual growth rate (CAGR) of over 31.5 per cent. In the past year alone, the Nifty50 has gained by 27 per cent, hitting a succession of record highs.
About 82 per cent of the total income from unknown sources declared by national political parties in 2022-23 came from electoral bonds, according to a poll rights body.
In an affidavit filed in the apex court, the Union law ministry rejected the petitioner's claim that the two election commissioners were hastily appointed on March 14 to "pre-empt" the orders of the top court the next day, when the matters challenging the 2023 law were listed for hearing on interim relief.
From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.
At the core of Nitish Kumar's decision was a cold political calculation. He assessed that the RJD's support base was unlikely to vote for JD-U candidates in the Lok Sabha polls. He was unsure of winning even half a dozen if he stayed with the RJD and the Congress.
The submission was made before additional sessions judge Hardeep Kaur, who extended the judicial custody of all the six accused till March 1.
'Democracy cannot be taken for granted. It has to be fiercely guarded.'
Government unlikely to bring in an ordinance to address the developments arising out of the Supreme Court order.
The Bharatiya Janata Party has fielded candidates in all 200 constituencies while the Congress has fielded 199 candidates.
Olympic bronze medallist Sakshi Malik on Thursday advised the country's wrestlers to participate in the Nationals conducted by the ad-hoc committee in Jaipur and not in the event organised by the suspended national federation.
In August, the top BRICS leaders at the grouping's summit in Johannesburg approved a proposal to admit six countries, including Argentina, into the bloc with effect from January 1.
The upper market capitalisation (mcap) threshold for midcap and smallcap stocks in the mutual fund (MF) industry's revised list of stocks, to be announced this month, is set to see the second-highest yearly rise in the past five years. The list was first announced in 2018, and it has been revised every six months since then. According to estimates released by Nuvama Alternative & Quantitative Research, the upper threshold for the midcap and smallcap universes could come in at Rs 66,700 crore and Rs 21,900 crore in the next list.
Mumbai accounts for the largest share of electoral bonds sold since inception.
A 23-year-old man from Surat working as a 'helper' for the Russian Army was killed in a Ukrainian missile strike in a war zone, as per the claim made by his relatives.
According to data collected by the Association for Democratic Reforms, 13 seats in the 2018 assembly elections had a winning margin of less than 2 per cent.
The BJP leads with 23 percent of its 90 Rajya Sabha members having declared criminal cases against themselves.
'Isn't it obvious? Do you have a doubt? There is so much data that shows that there is quid pro quo.' 'There are many instances of donations being given after the raids, donations being given before the award of a contract and many other permutations and combinations.'
The Securities and Exchange Board of India (Sebi) is reviewing the current stock categorisation framework followed by actively managed equity mutual funds (MFs) to ensure they are true-to-label. Individuals familiar with the matter said the universe of largecap and midcap stocks could be expanded by 25-50 stocks. The move follows concerns raised by industry players that the current threshold has been skewed following a sharp run-up in the domestic markets after the Covid-19 pandemic.
The top 10 fund houses are slowly losing ground to their smaller peers, even as they continue to hold the lion's share in the total assets under management (AUM) of the mutual fund (MF) industry, according to an analysis of the quarterly AUM for the past six years. These fund houses had an average AUM of Rs 38.8 trillion in the third quarter (Q3) of 2023-24, which is 79 per cent of the total industry AUM of Rs 49.2 trillion. The share has come down steadily since Q3 of 2019-2020, when the share stood at 84 per cent.
The syndicate used "stooge" bank accounts and shell companies to transfer the largest amount linked to a single case recorded in the city, the Customs and Excise Department of Hong Kong said.
Constituencies that are going to the polls in the first phase, slated for April 19, have just 19 days for campaigning. Contrast that with those going to polls in the 7th phase, notes N Sathiya Moorthy.
Following the conflict, Israel has banned the entry of Palestinian workers. The departure of several thousand other foreign workers, the Israeli construction industry has been facing a deep crisis.
Mizoram will be voting for total 40 seats in a single phase while polls in Chhattisgarh (90 seats) will be conducted in two phases on November 7 (20 seats) and remaining 70 seats on November 17.
Mutual funds (MFs) added systematic investment plan (SIP) accounts at a record pace in 2023 with the net additions in the calendar year surpassing 15 million - 24 per cent higher than the 2022 tally of 12.2 million, according to data from the Association of Mutual Funds in India (Amfi).
The polling for 230 seats for Madhya Pradesh and 70 seats in the second phase of Chhattisgarh will be held on Friday, November 17, 2023.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances