The Rs 38-trillion mutual fund (MF) industry is going through a new fund offer (NFO) rush. Since July 1, the industry has launched close to 70 NFOs. This follows the completion of a near three-month embargo period when the industry had vowed to not launch any new offerings till the time it implemented norms around pooling of investor accounts. As a result, between April and June 2022, the industry was able to launch just three NFOs.
India's drug regulator has initiated a probe and sought further details from the WHO after the global health body issued an alert that cough syrups manufactured by an Indian firm could potentially be linked to the death of children in Gambia.
In its second ruling against Google in less than a week, the Competition Commission on Tuesday slapped a penalty of Rs 936.44 crore on the internet major for abusing its dominant position with respect to its Play Store policies.
'We are trying to salvage 50-100 million doses of Covishield with the latest drive on booster doses.'
Justice SM Subramaniam said the higher police officials are expected to maintain not only good conduct, "but their actions must be always in consonance with the constitutional principles."
The board will be working with the state associations on the experiment.
There has been a 45 per cent growth in 'active internet users' in rural India since 2019, according a study by Nielsen, a global company for audience measurement, data and analytics. The Bharat 2.0 Internet report said that female active internet users grew by 61 per cent since 2019. The report said that India has 646 million active Internet users aged 2 years and above as of December 2021. Rural India has 352 million internet users--almost 20 per cent higher than urban.
The affidavit was filed in response to a petition seeking a direction to declare the PM CARES Fund a 'State' under the Constitution to ensure transparency in its functioning.
Using ATMs to withdraw money or for other purposes like balance enquiry beyond five times in a month will attract a levy of Rs 20 per transaction from November 1.
'His biggest contribution as defence minister was to change the rules of bringing martyred soldiers' bodies home.'
Notably, Pakistan had previously denied the permission of President Ram Nath Kovind and Prime Minister Modi to use Pakistan's airspace thrice to travel to foreign countries in 2019 after India abrogated Article 370 from Jammu and Kashmir.
Under fire for technical glitches plaguing the new income tax return filing portal, Infosys CEO Salil Parekh on Wednesday said the new portal developed by his company is seeing "steady progress" and already 1.9 crore returns have been filed. He further said that taxpayers' concerns are being "progressively addressed". "We are seeing a steady progress on the income tax system. As of yesterday we had over 1.9 crore returns that have been filed using the new system.
The Centre on Monday told the Delhi high court that Mughal Mosque in South Delhi's Mehrauli area is a "protected monument" and sought time to state its stand on a plea against the stopping of offering namaaz by devotees there.
Cut down on non-essential expenses like outside food, travel expenses.
These are the four primary issues that have soured the relationship between SBI-led lenders and JKC and delayed the resumption of commercial flights by Jet Airways, once India's largest private airline, which went bankrupt in 2019. Over the past three years, the airline went through an insolvency process under which JKC's resolution plan was approved by a committee of creditors (lenders) and the National Company Law Tribunal (NCLT) in October 2020 and June 2021, respectively. But this didn't mean an end to the problems.
Hardik Pandya wished Team India luck for the World Test Championship final against New Zealand
Electoral trust is a non-profit organisation formed in India for orderly receiving of contributions from corporate entities and individuals to political parties.
Earlier, the Mumbai civic body had also issued a notice to Rane's 'Aadhish' bungalow over alleged unauthorised construction and rejected his proposal for its regularisation.
The advertising volume also increased through the first six games before showing a two per cent dip in the last game even as the total advertisement volume (lacs) saw a 15 per cent rise.
The puja, attended by Jammu and Kashmir Lt Governor Manoj Sinha at the premises of the Archaeological Survey of India-protected Martand Sun temple in Anantnag, was in violation of rules and the issue has been raised with the UT administration, ASI officials said on Monday.
The surge in volatility across the globe sparked by Russian invasion of Ukraine has led to an increase in prices of gold and silver - considered to be safe-haven investment bets. In the past month, silver funds have delivered returns of 7.34 per cent, while gold funds on an average have risen around 6 per cent. In comparison, the benchmark Nifty has declined 4 per cent. Fund managers say precious commodities act as a good hedge against inflation and phases of geopolitical uncertainty.
Siva Prasad Nanduri, chief business officer, TeamLease Digital, outlines the skills that will help you get a job in 2023.
Global steel giant Mittal Steel owned by NRI billionaire Laxmi Mittal is to cut consumption of natural gas at its Ukrainian steel plant following steep hike in gas price by Russia.
Prime Minister Narendra Modi will launch the much-awaited 5G services in India on October 1, 2022, an official release said on Friday. According to the release, 5G to be launched by the Prime Minister in select cities, will progressively cover the entire country over the next couple of years. The cumulative economic impact of 5G on India is estimated to reach $450 billion by 2035. Capable of supporting ultra-high-speed internet services, the fifth generation or 5G is expected to unleash new economic opportunities and societal benefits, serving as a transformational force for Indian society.
Drink enough water, focus on your portion sizes, cut out junk food, start a walking routine, and stay consistent.
The Decision Review System (DRS) will make its debut in the men's T20 World Cup to be held in Oman and UAE starting this month, after the ICC approved its usage in the tournament.
The two sexual assault charges stem from an incident in 2012, court documents showed.
Morgan and white-ball vice-captain Jos Buttler were accused of mocking the Indian use of English language
The government will "notify such countries or territories outside India to which a data fiduciary may transfer personal data", according to the draft unveiled on Friday for public feedback.
Kerala Governor Arif Mohammed Khan's move to seek the resignation of vice-chancellors of nine universities has kicked up a huge political storm in the southern state with Chief Minister Pinarayi Vijayan on Monday issuing a stern warning to the Constitutional head asking him not to cross the limits of his powers.
India will invest USD 82 billion in port projects by 2035, raise share of clean renewable energy source in maritime sector, develop waterways and boost tourism around lighthouses as part of port-led development, Prime Minister Narendra Modi said on Tuesday. Speaking at the Maritime India Summit, he invited global investors to invest in Indian ports, shipyards and waterways. More than 574 projects costing USD 82 billion or Rs 6 lakh crore have been identified for implementation between 2015 and 2035 under the Sagarmala Project, he said. The government, he said, is looking to operationalise 23 waterways by 2030.
Amid protests and anger in some quarters against observing 'Hindi Diwas', Karnataka Chief Minister Basavaraj Bommai said on Wednesday his government is bringing in a legislation to make Kannada "mandatory" in the state.
Kerala seeks a National Investigation Agency probe into the use of mobile phones by prisoners lodged in state jails, to ascertain whether some of them had any terror links. Insiders say that hawala operations are carried out from prisons and these operators have political backing. Vicky Nanjappa reports
'I probably will have to give up on taboo subjects for a while. but I can't give up on quirks.'
The court has ordered to return her laptop, mobile phone and other gadgets seized during the investigation into late actor Sushant Singh Rajput death case.
With this, India joins 60 other countries that collect PNR details of international passengers.
The Reserve Bank of India's (RBI) new rules for credit and debit cards came into effect from October 1. These include tokenisation, one-time password (OTP) for activation after 30 days, written permission for enhancement of credit limit, and greater clarity on interest calculation.
Markets regulator Securities and Exchange Board of India (Sebi) is examining allegations of front-running and other irregularities against a host of domestic fund managers across the asset management industry, said people in the know. Developments at Axis Mutual Fund have prompted the regulator to speed up probe to ensure that there is no drop in confidence in the Rs 39-trillion mutual fund (MF) industry. "We have received complaints against a few fund managers and are looking into possible violations, including those related to code of conduct," said a regulatory source, refusing to divulge names of fund houses as things are at a preliminary stage.
India's second-largest telecom operator Bharti Airtel on Tuesday posted more than twofold year-on-year jump in its consolidated net profit for the March quarter to Rs 2,008 crore, buoyed by a lift in average revenue per user and an exceptional gain. The telco said its Q4 scorecard was backed by strong performance delivery across the portfolio and its CEO Gopal Vittal, in a statement, exuded optimism about opportunities in the coming years and Airtel being "well-poised" as a company. Airtel, which competes in the market with Reliance Jio and Vodafone Idea, as well as state-owned BSNL/MTNL, promised to maintain razor sharp focus on financial flexibility, optimising the capital structure and finance cost.
Billionaire Gautam Adani's group is said to be planning a surprise entry into the race to acquire telecom spectrum, which will pitch it directly against Mukesh Ambani's Reliance Jio and telecom czar Sunil Bharti Mittal's Airtel, sources said. Applications for participating in the July 26 auction of airwaves, including those capable of providing fifth-generation or 5G telecom services such as ultra-high-speed internet connectivity, closed on Friday with at least four applications. Jio, Airtel and Vodafone Idea -- the three private players in the telecom sector -- applied, three sources with knowledge of the matter said.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances