Buying and selling of exchange trade fund (ETF) units worth less than Rs 25 crore will now have to take place compulsorily on the stock exchange platform, according to a new rule which comes into effect on Tuesday. The fresh norm, which comes into being after two deferments, is aimed at boosting liquidity and reducing tracking error. At present, investors directly deal with the asset management companies (AMCs) for purchase and redemption of ETFs - passive schemes that track a particular benchmark such as the Nifty50 index.
Wedding.con is a watchable show, if only to caution people about the latest scams, notes Deepa Gahlot.
In a post on X, Modi said, "Happy to have welcomed @POTUS @JoeBiden to 7, Lok Kalyan Marg. Our meeting was very productive."
The 'Holi celebrations' event was organised by the Governor in the honour of the visiting dignitary and his delegation.
'It is not just about numbers. Sometimes coalitions and alliances have symbolic value.'
The government is looking to sell shares of Reliance Industries (RIL) held through Specified Undertaking of the Unit Trust of India (SUUTI) and is soon going to appoint an intermediary to manage it. The plan is to sell about 8 lakh shares of RIL that will help the government garner around Rs 180 crore. The Department of Investment and Public Asset Management (DIPAM) will appoint an intermediary that will act as a custodian of these shares. The intermediary, based on its market analysis, will offload these shares at the best price, said an official. A final approval on the proposal is expected soon.
Britain's Prime Minister Rishi Sunak on Sunday visited the Akshardham temple here with his wife Akshata Murty and said it is not only a place of worship but also a landmark that portrays India's values.
Modi will arrive in New York on June 20 and will lead the 9th International Yoga Day celebrations at the UN headquarters on June 21.
Assuming we still have a Modi-led majority government after May 2024, there is no guarantee that reforms will move at anything more than a snail's pace, though we must be thankful even for that, notes R Jagannathan.
From the US, Modi will travel to Egypt at the invitation of President Abdel Fattah El-Sisi.
The Bombay high Court on Tuesday said the recently amended Information Technology (IT) Rules against fake news on social media give "unfettered power" to a government authority in the absence of "guidelines and guardrails".
'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'
All 39 constituents of the National Democratic Alliance (NDA) on Tuesday reposed faith in Prime Minister Narendra Modi and resolved to contest the 2024 Lok Sabha elections unitedly under his leadership.
Liquidity, stable income generation, potential capital appreciation are the benefits from REITs
The BJP clarified that it would not be a part of the Manjhi government if he was able to prove his majority.
'Modiji has a vision for the country, not just to fight the elections but about achieving certain goals for the country.' 'Congress does not even have a vision for 25 days.'
National Security Advisor Ajit Doval will hold crucial talks with the top US leadership, including his counterpart Jake Sullivan, on the first high-level dialogue on Initiative for Critical and Emerging Technologies (iCET).
In switching over, Nitish has sent out a message that if he could not now become the NDA's PM, then he would need to stay on as CM at the very least, which a third term for Modi would not let him have, N Sathiya Moorthy points out.
Modi said this 'special invitation' from President Joseph Biden and First Lady Jill Biden for a state visit is a reflection of the vigour and vitality of the partnership between the democracies.
Despite Prime Minister Manmohan Singh's praise for Bihar Chief Minister Nitish Kumar, Congress kept cards close to its chest on whether its members of Legislative Assembly would vote in favour of the trust vote sought by him on Wednesday.
The regular Indian cricket fan is usually stoic, but ahead of the ODI World Cup at home, he is frustrated and angry.
Century Textiles & Industries Ltd named Raghu Palat a nominee director on behalf of Unit Trust of India. He replaces A P Kurian.
Vikas Swarup says India unlikely to give Pathankot-like offer to Pak in Uri attack probe.
Rouhani said people who think Islam is a religion of "violence and terrorism" are wrong in their assessment.
The CDS has the option to focus on key areas of capability development to fight new generation wars or get bogged down in trying to bring cosmetic changes to humour the political leadership, asserts Brigadier Narender Kumar (retd).
A look at match-ups that could potentially decide the winner of the ICC World Cup final between India and Australia in Ahmedabad on Sunday.
Unit Trust of India said following its bifurcation, two schemes listed on BSE - Mutual Fund (Subsidiary) Unit Scheme and Master Value Unit Plan - have gone to UTI 11.
Indian oil and gas exploration companies work in silos.
'We think we know him because he's written about everyday.' 'But how many of us know him as a person?'
Kadian, who competes in heavy-weight category, reiterated that their fight is against the WFI chief and not against the government.
To further tighten its control of practising accountants, the Centre has brought within the ambit of the Prevention of Money Laundering Act (PMLA) their "financial transactions" such as operating and managing their client firms and trusts, and buying and selling business entities. The Union finance ministry issued a gazette notification on this on Wednesday. Under the new rule, chartered accountants, company secretaries, and cost and works accountants carrying out such transactions (on behalf of their clients) will now be required to go through the Know Your Company (KYC) process before commencing work.
Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
Garcetti, 50, who served as the co-chair of Biden's presidential campaign, was initially considered for the Cabinet.
Pompeo describes Swaraj somewhat disparagingly, using the American slang words "goofball" and "heartland political hack" for her.
After the Janata Dal-United parted ways with ally the Bharatiya Janata Party, Chief Minister Nitish Kumar will seek a trust vote on Wednesday at a special session of Bihar assembly to prove his majority, which he is expected to muster without any hitch with support of independents and Congress deciding to abstain.
'The people of Kota will show Om Birla his place.'
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Pakistan on Friday said a meeting between Prime Minister Nawaz Sharif and his Indian counterpart on the margins of the United Nations General Assembly would be an "useful opportunity" to build trust and consolidate ties.
The BSE Realty index on Monday soared 4.3 per cent-most among the 19-sectoral sub-indices-buoyed by the proposal to formalise fractional ownership of real estate in the country. The Securities and Exchange Board of India (Sebi) on Friday issued a discussion paper proposing to regulate online platforms offering fractional ownership in real estate, a model already popular in countries such as the United States and UAE.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
The Axis Bank share sale was launched on Thursday in an indicative price band of roughly Rs 1,290 to Rs 1,357 a share.
