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.
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.
Here's what your favourite stars have been up to.
When mutual funds merge schemes, there is a tax implication on the investor. Some calculations on how this works.
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.
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.
Staggered pull-out will help investors if the market continues to rise.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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 information provided by AMCs in these fact sheets is often inadequate and/or incoherent.
'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.'
Being an ELSS, it offers deduction under Sec. 80C
"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.
The bank may post a loss of Rs 1,000 crore during October-December 2019-20 quarter, an analyst commented.
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.
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.
UTI Asset Management Company plans to acquire an IT company to provide services as a registrar and transfer agency.
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.
The sector needs to move away from such concepts.
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.
From Rs 191 billion in 2019, the world's largest film producing industry now stands at Rs 72 billion thanks to the pandemic.
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.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Investment guru and mutual fund expert Ashok Kumar, answers all your MF related queries.
Taking a dig at the construction of a wall on a plot having several slum structures in Ahmedabad ahead of Trump's visit there, the Sena said the US president's trip would neither stop the fall of rupee's value in forex market nor offer betterment to those (slum dwellers) behind the wall.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'We would advise investors to hold on to multi-cap funds and not invest further until further clarity emerges.'
MFs have benefited from a shift to financial assets from physical assets like real estate and gold.
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.
The railways was not intimated about a Dussehra event along the tracks that led to the deaths of at least 61 people in Amritsar.
Aseem Chhabra imagines a time, 20 years from now, when movie-watching in theatres will be long gone, thanks to the coronavirus, and pens a letter to his grandchild, explaining the magic of the cinema hall.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.