Feeling deprived by UTI in the settlement of the US-64 scheme, an investors' forum on Wednesday put before the government three options to pay at least the principal amount invested by them during 1998-99 following the revival of stock markets.
Schools closed for a day, crops damaged; more downpour on cards
These tax-free bonds were issued in 2003 to bail out Unit Trust of India's flagship scheme US-64, which got into trouble because of lack of transparency in its portfolio composition and investment strategy. Now these investors will finally get their due. And if you are among those, who have still not decided on what should be done with this windfall, financial advisors say the money should be channelled in instruments depending upon your age and risk profile.
Chennai-based DSQ Software may earn the dubious distinction of becoming the first company to be referred to the newly-created Serious Frauds Investigation Office for its role in the securities scam, sources said on Tuesday.
Biju Janata Dal members had staged a walk-out while NDA ally Shiv Sena did not participate in the voting.
'It's a very tough situation. We're talking to India. We're talking to China. They've got a big problem there'
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
He hasn't been able to translate his IPL form into national colours but Ruturaj Gaikwad is not too worried
CBI conducted raids at over two dozen places including those of senior officials of SBI Mutual Fund, UTI and broker Ketan Parekh for allegedly duping the financial institutions of crores of rupees in the latest stock market scam.
Vellore is one of the two seats that the DMK alliance won by the narrowest of margins in 2019. For the DMK's vote-score to be so low in a constituency with a substantial Muslim population has not missed the BJP strategists' eyes, observes N Sathiya Moorthy.
Sharad Pawar reckons that the NCP has value as a united, going concern, not as a gaggle of leaders in search of followers, notes Shreekant Sambrani.
Mutual funds have given investors the choice to move away from traditional investment options
A court in New Delhi on Tuesday reserved its order on an intervention application claiming the intervenor was a "necessary party" to an appeal seeking restoration of Hindu and Jain deities in an alleged temple complex inside the Qutub Minar.
Finance Minister P Chidambaram on Friday began his day-long visit to the financial capital by reviewing the operations of Unit Trust of India.
Shah said, "Rahul baba cannot see development as he sports Italian spectacles."
The mission objective is to ensure data continuity of ocean color and wind vector data to sustain the operational applications.
The Canadian police have arrested two persons and charged them with first-degree murder in the targeted shooting of Ripudaman Singh Malik, the Sikh man acquitted in the tragic 1985 Air India Kanishka terrorist bombing case that killed 331 people.
Naik was booked by the Enforcement Directorate in 2016 based on a National Investigation Agency FIR that was registered under the Unlawful Activities Prevention Act.
The government on Wednesday issued special 6-year bonds worth Rs 328 crore (Rs 3.28 billion) for meeting Unit Trust of India's shortfall in assured return scheme.
The United States has said it supports a direct dialogue between India and Pakistan as outlined in the Shimla Agreement
The BCCI's medical team is working overtime with the Tamil Nadu wrist spinner, whose knees are not in the best of condition.
Last week, govt sold shares worth Rs 220 crore in the open market without making a formal announcement. The deal came to light only this week.
'This is a historical moment in the political history of Sri Lanka.' 'You can see the amount of pressure that is coming from the people because nobody addressed the policy blunders, multiple corruption charges and huge scandals.'
Haley said there is a need to closely watch China as it is making a move to take over the Bagram air force base that was controlled by the United States for nearly two decades.
Gam secured 67,242 votes against Basumatary's 25,101 while the third candidate, Bhaity Richong of the Socialist Unity Centre of India-Communist, got 2,265 votes.
Voicing his support for the farmers' protest in India, the Speaker of Wisconsin State Assembly has urged the Indian government to reconsider its decision on the three farm laws and listen to the concerns of the affected farmers.
Significantly, for the first time, the FATF put Myanmar in the "high risk jurisdictions subject to a call for action", often referred to as the watchdog's black list.
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