Market regulator Sebi on Thursday said that timelines for portfolio rebalancing in mutual fund schemes will now be applicable to all types of passive breaches across actively managed schemes, which was earlier limited to only asset allocation. A passive breach refers to unintended deviations from the mandated asset allocation or regulatory limits that do not arise from the direct actions or omissions of asset management companies (AMCs).
Uttam Ghosh offers his take on the turn of events in Jammu and Kashmir.
Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them. It is to be noted that the 56th GST Council meeting earlier this month, approved substantial reduction in the GST rate for cars for up to 1,200 cc to 18 per cent from the existing 28 per cent.
Uttam Ghosh offers his take on a strange regurgitation of history.
The unemployment rate for those aged 15 and above increased marginally to 5.2 per cent in September, according to a government survey released on Wednesday. The unemployment rate (UR) was 5.1 per cent in August, 5.2 per cent in July and 5.6 per cent in May and June, as per the Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation (MoSPI).
Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.
On the contentious issue of cutting trees in Mumbai's Aarey forest, the BJP and Sena appears to be on opposite sides, as Uttam Ghosh notes in his take on the Aarey controversy.
Almost a decade after India shifted to a formal inflation-targeting regime under the Monetary Policy Committee (MPC) framework of the Reserve Bank of India (RBI), a high-level panel of economists said that the flexible inflation targeting has largely worked in keeping it under control and no major revamp is required.
Uttam Ghosh offers his take on the uncertainty surrounding the outcome of the US poll presidential election.
Uttam Ghosh offers his take on politics post the air strikes.
The Centre's fiscal deficit stood at 17.9 per cent of the full-year target at the end of June, according to data released by the Controller General of Accounts (CGA) on Thursday. It was at 8.4 per cent of Budget Estimates (BE) of 2024-25 in the first three months of the previous financial year.
Uttam Ghosh offers his take on Vikas Dubey's arrest and mysterious death in a police encounter.
Uttam Ghosh offers his take on Modi's jibe and Mamata's retort.
Uttam Ghosh salutes the Myanmarese People's resistance to Tyranny.
Uttam Ghosh on how Indian politics may play out in 2018.
The government's move to cut GST on medicines and medical devices while exempting lifesaving drugs from the levy is a bold step that will bring direct relief to patients and families while significantly reducing financial strain on them, pharmaceuticals and healthcare industry players said on Thursday.
Women are increasingly using gig work as a pathway to economic independence which has no entry barrier, especially as an alternative to traditional jobs.
Uttam Ghosh wonders if the farmers's concerns will be addressed now that the BJP has embarked on Mission Bengal.
Investor sentiment across Asian markets has shifted sharply in August, reveals the latest Bank of America (BofA) Fund Manager Survey, which found global growth expectations retreating after three months of improvement.
Uttam Ghosh offers his take on US President Donald J Trump's startling suggestion to study the possibility of injecting disinfectants into COVID-19 patients.
Uttam Ghosh offers his take on the Election Commission finally taking action against hate election speeches.
Uttam Ghosh pays homage to these martrys for India.
Uttam Ghosh offers his take on how Trump -- who wants to build a wall between his country and Mexico -- may react to the Gujarat wall on his visit to Ahmedabad on Monday.
The Supreme Court has ruled that a bank's one-time settlement (OTS) scheme cannot be invoked as a matter of right and that borrowers must strictly comply with its mandatory conditions, including upfront payment of a specified portion of dues, to avail themselves of the benefits of the scheme.
Banks have been borrowing heavily from the Tri-Party Repo (TREPS) market and deploying those funds into the Standing Deposit Facility (SDF) of the Reserve Bank of India (RBI), which is offering higher interest rate than the former, leading to increased volumes in the SDF window. The weighted average TREPS rate was trading at 5.66 per cent on Monday, 9 basis points lower than the SDF rate which currently stands at 5.75 per cent.
Uttam Ghosh offers his take on how Greta Thunberg, the teenage Swedish environmental activist, blasts world leaders at the UN over climate change.
Uttam Ghosh asks why the PM Cares fund could not have paid for the train tickets of migrant workers on their way home when the government flew Indians stranded in different parts of the world for free!
Uttam Ghosh offers his take on Rs 1.76 lakh crore being transferred by the Reserve Bank of India to the government.
The Reserve Bank on Friday announced a record Rs 2.69 lakh crore dividend to be paid to the government for the fiscal ended March this year, 27.4 per cent more than the payout in 2023-24. The Reserve Bank had transferred Rs 2.1 lakh crore dividend to the government for the fiscal 2023-24.
Uttam Ghosh offers his take on Donald J Trump's comment on Narendra Damodardas Modi: 'They love this gentleman to my right. People went crazy, he is like an American version of Elvis', referring to the Howdy Modi event.
Uttam Ghosh offers his take on India slipping 10 places to the 51st position in the 2019 Global Democracy Index.
Uttam Ghosh offers his take on this week's election violence in Bengal.
Some of the leading life insurance companies have reported a sharp decline in the number of lives covered in FY25, largely due to a slowdown in credit-linked life insurance policies. Stress in the microfinance segment has reduced loan disbursements and, in turn, the flow of new customers to insurers.
Uttam Ghosh offers his take on DeMo: A Year On.
Is the 'caged parrot' at work again, asks Uttam Ghosh.
Uttam Ghosh offers his take on the Delhi election results.
A new global study on Wednesday listed India among the top fintech hotspots alongside the US and the UK. The World Economic Forum study, released at its Annual Meeting of New Champions in China's Tianjin, also said the fintech sector growth is stabilising amid strengthening profitability and inclusion.
Uttam Ghosh offers his take on US President Donald J Trump's tweet 'All is Well' after Iran launched missile strikes on US bases in Iraq, on January 9, 2020.
The rate of unemployment in the country declined to 5.2 per cent in July from 5.6 per cent in June, a government survey said on Monday. The unemployment rate (UR) in May was also 5.6 per cent, said the Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation (MoSPI).
