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
The CBI has booked five people for allegedly posing as Microsoft tech support and siphoning off USD 400,000 (Rs 3.37 crore as per current rates) retirement funds of a US citizen, officials said on Friday.
D Gukesh struck back after recovering from a sedate start to defeat compatriot R Praggnanandhaa and Vincent Keymer in the Superbet rapid and blitz tournament
Maldivian Foreign Minister Moosa Zameer on Saturday said India's gesture to renew the quota to allow the export of certain quantities of essential commodities for his nation signifies the longstanding bilateral friendship and the commitment to further expand trade and commerce.
In a significant move, the Cabinet Committee on Security (CCS) has accorded approval for the procurement of more than 200 BrahMos supersonic cruise missiles and associated equipment for the Indian Navy at a cost of around Rs 19,000 crore, people familiar with the matter said on Thursday.
Star javelin thrower Neeraj Chopra on Thursday lauded World Athletics' decision to award USD 50,000 to all its gold-medallists in the Paris Olympic Games and said he would like to see such incentive being given in other global competitions as well.
A prominent Indian diaspora body has urged various agencies of the US government, universities and student associations to work towards addressing the spike in the deaths of Indian-origin students in the US in recent months.
Jaishankar said India should be confident enough to "leverage" the international system to create the "best possible outcome".
Rachin Ravindra becomes youngest recipient of Sir Richard Hadlee Medal
The visit comes two days after Pakistan officials shared with the Chinese embassy the preliminary findings of their investigation into the attack.
Sumit Nagal, who recently became the first Indian to beat a seeded player in a Grand Slam tournament, will spearhead the Indian challenge in the men's singles competition of the Chennai Open ATP Challenger 100 tournament beginning on Sunday.
India's third largest IT company HCL Technologies on Friday reported a flat year-on-year growth in net profit in the March quarter at Rs 3,986 crore. However, the company posted an 8.4 per cent decline in net profit on a sequential basis, amid rising employee cost and tightening IT spends around the world. The company described the performance as "decent" in view of the global macroeconomic conditions.
National security advisor Ajit Doval on Friday suggested that various central armed police forces of the country should have "jointness" and interoperability among themselves like the ongoing plan for the defence forces.
Putin made these remarks on Thursday at a forum in Moscow organised by Russia's Agency for Strategic Initiatives (ASI).
In July, the Pakistan government's debt swelled to USD 2.44 billion, including USD 2.07 billion in non-guaranteed debt owed to China, as per Geo News.
'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'
Indian-American multimillionaire biotech entrepreneur Vivek Ramaswamy's popularity rating and online fundraising have surged, a day after his impressive performance at the first Republican presidential primary debate.
The spokesperson said the additional items were added to previous sales, which "increased the total value of the sale to $147.5 million," according to CNN.
Among Sensex shares, Bajaj Finserve, ICICI Bank, Bharti Airtel, Bajaj Finance, Sun Pharma, Maruti Suzuki, ITC, and Nestle were the lead gainers. On the other hand, L&T Wipro, IndusInd Bank and TCS and Tata Motors were the lead losers.
China is also providing supertankers and insurance coverage to move Russian Urals crude to PRC ports, as Moscow seeks vessels for exports after a G-7 oil price cap restricted the use of Western cargo services and insurance.
The winners of the ICC Champions Trophy, commencing on June 6, will pocket a prize money of USD 2 million while the runners-up will be richer by USD 1 million.
With military expenditure of USD 81.4 billion (one billion=100 crore), India's spending was up by six per cent from 2021 and by 47 per cent as compared 2013.
A Chinese research ship on Wednesday docked at Sri Lanka's Colombo port, officials in Colombo said, amid security concerns raised by the US over its visit.
The announcement of results was delayed beyond normal, giving air to speculation about vote rigging.
Tech giant Apple on Tuesday unveiled its much-awaited iPhone 15 and iPhone 15 Plus with USB-C type charging at its "Wonderlust" event.
An expert committee, set up by the Supreme Court to probe allegations against the Adani group following a bombshell report from a US short seller, has members with potential conflict of interest, a fresh petition filed in the apex court on Monday said.
Daniels had filed and lost a defamation suit against the former president.
A senior government functionary claimed on Thursday that the average estimated cost of MQ-9B long endurance drones for India would be 27 per cent lower than the price incurred by other countries which have bought it from the US, asserting that it will most likely go further down during negotiations unless India seeks additional features.
'If one looks at it closely, this reflects the BJP's frustration and its fear of defeat'
'We have a responsibility to defend the law, defend our citizens, and at the same time make sure that we conduct a thorough investigation and get to the truth'
'The people of Gujarat understood this a long time ago and has since been rejecting the party and its programmes.'
'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'
The incident took place in San Mateo on Monday, the police were quoted as saying by the the report.
'We're paying them nothing because that's what they've done to help us. Nothing'
The Union finance ministry on Thursday issued a clarification on the changes in FEMA rules which brings overseas international credit card spending under the RBI's liberalised remittance scheme (LRS). Here's how it affects you.
ICC announced equal prize money for men's and women's teams at ICC events while also making changes to the over-rate sanctions in Test cricket.
The never-ending speculation surrounding Mahendra Singh Dhoni's retirement, Virat Kohli's 16-year-itch, the second chance that life has offered Rishabh Pant and Rohit Sharma's bleeding heart will make for intriguing sub-plots in the annual carnival called the Indian Premier League starting on Friday.
As per the first advance estimates of national income released by the National Statistical Office (NSO) on Friday, the manufacturing sector output is estimated to grow to 6.5 per cent in the current fiscal compared to 1.3 per cent in 2022-23. Similarly, mining sector growth is estimated at 8.1 per cent in the current fiscal against 4.1 per cent in 2022-23.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
With former prime minister Imran Khan in jail, Sharif's Pakistan Muslim League-Nawaz (PML-N) is tipped to emerge as the single largest party in the elections.
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