Resettlement of 12,000 families living on banks of Sabarmati Riverfront cost Ahmedabad Municipal Corporation about Rs 1,200 crore
COVAX, 'the global COVID vaccine equity scheme', has so far delivered 65 million doses to 124 countries and economies but it is dependent on countries and manufacturers honouring their commitments.
'This fall is nothing. We could see worse if everybody hits the panic button.'
Compared to equity funds, debt funds are lower risk profile and are usually suitable for investors for very short term.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
With so many equity funds available, how does one go about selecting the right one? Here are some simple tips...
State Bank of India, UTI AMC and Life Insurance Corporation will start investing the corpus of the new pension system (NPS), estimated around Rs 2,000 crore (Rs 20 billion) now, in market instruments including 15 per cent in equities from end-June 2008.
When mutual funds merge schemes, there is a tax implication on the investor. Some calculations on how this works.
Public sector entities Life Insurance Corporation, UTI AMC, State Bank of India and Punjab National Bank are among the front-runners to become pension fund managers under the new pension system.
Here's what your favourite stars have been up to.
The information provided by AMCs in these fact sheets is often inadequate and/or incoherent.
Before the 'Namaste Trump' event, cultural events will be held at the 1.10-lakh seating capacity stadium, for which several artists, including well-known singer Kailash Kher, have been invited.
Being an ELSS, it offers deduction under Sec. 80C
'It could tempt investors to pick stocks that are not fundamentally sound.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
"The 21,000 level is meaningless. In the past five years, earnings have grown 40 per cent. One should look at the P/E. We are very positive on the market despite elections being around the corner," says Milind Barve MD, HDFC AMC.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
UTI Asset Management Company plans to acquire an IT company to provide services as a registrar and transfer agency.
Adding to the exotic charm of Sabarmati waterfront - Prime Minister Narendra Modi's pet project- civic authorities in Ahmedabad have decided to launch a cruise or a floating restaurant facility.
Staggered pull-out will help investors if the market continues to rise.
The S&P BSE Small-cap index has recovered 26 per cent as compared to a 23 per cent rise in the S&P BSE Sensex.
Industry body Association of Mutual Funds in India on Friday assured investors that a majority of fixed income mutual funds assets are invested in superior credit quality securities and such schemes have appropriate liquidity to ensure normal operations. The statement by the industry body came after Franklin Templeton Mutual Fund voluntarily decided to wind up its six debt schemes citing redemption pressure and lack of liquidity in bond markets due to the coronavirus pandemic.
Both indices are down nearly 9 per cent from their all-time highs in mid-January. A sharp reversal seems difficult this time as the peak impact of the virus is yet to play out.
Close to 21.5 per cent of this will be sold to Japan's Nippon Life, which will then become the sole promoter of the fund house.
The sector needs to move away from such concepts.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The junior Ambanis - Anmol and Anshul - were inducted on the board to respect the wishes of the shareholders who during the recent AGM asked the management to get fresh blood into the company by bringing them on board.
The bank may post a loss of Rs 1,000 crore during October-December 2019-20 quarter, an analyst commented.
For the investors, the fact sheet is an important document which informs them where their funds are being invested and how their funds are being managed.
Experts believe FPIs will keep a close watch on coronavirus pandemic, its spread and likely impact on the economy while making decisions about investment into India.
'If an investor is ready to stay put for the next five years, one can consider investing in mid- and small-cap funds, but through SIPs.'
Regarding the applicability of stamp duty on redemption of mutual fund (MF) units, Sebi said, "Redemption is not liable to duty as it is neither a transfer nor an issue nor a sale." However, switching in mutual fund would attract stamp duty. "The issue of fresh units in the switched scheme would attract stamp duty even though there is no physical consideration paid or transfer of ownership," Sebi said.
There was nobody to look after the archers, they were training on their own though their parents were outside the ground. An arrow shot by a boy trainee who was doing compound event practice hit her on the shoulder.
The Department of Disinvestment, which is the nodal department for carrying out PSU stake sale, will finalise the cabinet note after appointment of asset management companies to handle PSU ETF.
Investment guru and mutual fund expert Ashok Kumar, answers all your MF related queries.
Such schemes try to exploit an anomaly in taxation, but aren't in violation of laws, experts say.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances