The Federal Retirement Thrift Investment Board's (FRTIB), one of the US government's main retirement funds, decision to change the benchmark index for gaining international exposure will channel $3.6 billion (Rs 30,000 crore) inflows into domestic equities. India has a weightage of 5.3 per cent, seventh-most in the new MSCI ACWI IMI ex USA ex China ex Hong Index, which FRTIB now plans to use. India isn't part of the current developed markets-dominated MSCI EAFE index that the pension fund uses.
A minimum of three-match Test series and the home team footing the bill of the visiting side in a bilateral contest are some of the recommendations made by the MCC's World Cricket Committee.
Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent
Three men, originally from Tamil Nadu, arrested by the Mumbai Police started their boat journey from Kuwait on January 28 and claimed to have taken the Saudi Arabia-Dubai-Pakistan route before entering Indian shores illegally, as per the police remand note.
The Supreme Court on Monday referred to a five-judge Constitution bench a suit filed by the Kerala government raising the issue of ceiling on net borrowing.
Digital literacy is emerging as the professional language of 2024. It is the ability to process complex data sets, deploy critical communication technologies appropriately and validate your importance at your workplace, explains Jagdeep Kochar, managing director, Baker & Taylor India.
Earlier, Modi was given a standing ovation at the meeting following the party's stupendous win in three assembly polls.
The number of companies had touched a low of 792 in July 2020 amid heightened uncertainty because of COVID-19.
Team by team analysis of Sunday's Indian Formula One Grand Prix (listed in championship order).
Shares of low-cost airline IndiGo hit record high on the bourses soon after reports of pilot crisis at Vistara emerged. The development also saw airfares surge by around 25 per cent on select routes. Shares of IndiGo hit a lifetime high of ~3,68.5 on April 2, 2024, and has gained 2.4 per cent on the bourses in April.
India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in March and is now double of the purchases from Iraq - the nation's traditional top oil supplier. But the purchases appear to have plateaued as growth has slowed. Russia continued to be the single largest supplier of crude oil, which is converted into petrol and diesel at refineries, for a sixth straight month by supplying more than one-third of all oil India imported, according to energy cargo tracker Vortexa.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
The rover will carry out in-situ chemical analysis of the lunar surface during the course of its mobility.
Experts from South Africa and Namibia, who are helping reintroduce cheetahs in India, have recommended fencing their habitats to prevent poaching, habitat fragmentation and minimise human-animal conflict.
Most leaders agreed for early finalisation of poll plans for 2024 stressing that there was no time left with them and mere meetings would not help.
The cash pile within smallcap mutual fund (MF) schemes has grown over the past few months amid a relentless rally in stocks in this space. While fund managers usually don't make cash calls, incessant inflows and valuation discomfort have forced their hand. At the end of January, the top 10 schemes had over Rs 12,160 crore in cash, compared to Rs 8,700 crore in August 2023.
The Congress on Tuesday said the country's interests and concerns must be kept paramount and its fight against terrorism has to be uncompromising, amid a row between India and Canada over the killing of a Khalistani separatist leader in that country.
With a 50 per cent increase in the last four years, Madhya Pradesh has the maximum number (785) of tigers in the country, followed by Karnataka (563), Uttarakhand (560), and Maharashtra (444), according to the data.
India skipper Rohit Sharma lamented his top batmen's failure in the opening Test of the five-match series against England in Hyderabad on Sunday, saying they lacked the fight and character showed by the team's lower-order batters after being set a "gettable" 231-run target.
To warn users about the threat, the company recently published a blog post where they listed these banned domain links which used to inject spying tools into users' PCs/laptops by appearing as fake login pages for websites or apps.
Statements of five 'Angadiya' firm operators have also been recorded by the ED to establish the "money trail" of this alleged Rs 45 crore bribe amount.
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