An Uttar Pradesh government-run university has debarred a professor from all examination and evaluation work for life after a question paper she set for a Political Science exam allegedly linked the RSS to the rise in religious and caste-based politics. The decision came after protests by the Akhil Bharatiya Vidyarthi Parishad (ABVP), the students' wing of the Rashtriya Swayamsevak Sangh (RSS).
Kuldeep Yadav paid a visit to the Bageshwar Dham temple in Chhatarpur, Madhya Pradesh, before departing for the ODI series against Sri Lanka.
A strong influx of 11 equity new fund offers (NFOs) in June, particularly within the thematic space, helped mutual funds collect Rs 14,370 crore - the highest ever via such introductory offers. This surpassed the previous high recorded in July 2021, where four NFOs accumulated Rs 13,709 crore, with ICICI Prudential MF's flexicap NFO alone mobilising Rs 9,808 crore.
'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'
Hours after taking a 'U-turn' by informing the high court that it is withdrawing its notification dissolving all gram panchayats in the state, the Punjab government suspended two senior Indian Administrative Service (IAS) officers on Thursday for a 'technically-flawed' decision.
Two people were killed and around six injured in a clash following a dispute over celebrating Holi in a village in Amethi on Friday, police said.
Mutual fund expert Dhirendra Kumar answered this and other questions in a chat with readers on May 23.
A Reliance Power General Manager Manoj Kumar Ojha was killed on Wednesday when two armed men suspected to be members of a splinter Maoist group fired at his vehicle in a village in this district, the police said.
Mutual funds aspirants have the option of snapping up smaller AMCs or applying for a new licence.
This dictatorial attitude with the help of police will not be tolerated, Yadav said.
The payouts were 22 per cent lower than the previous year's tally of Rs 7,938 crore.
Half a dozen stocks from the large-cap universe and over two dozen from the mid-cap universe have been replaced.
Market regulator also announces measures for mutual funds sector.
Experts say the trend is worrying as it could take a toll on the pace of equity flows and also hinder the penetration drive of the Rs 24-trillion MF industry.
Exodus of top managers an unintended side effect of roaring MF industry
Investors should look at actively managed funds, says Devangshu Datta.
Sebi has allowed mutual fund schemes the option of 'side-pocketing' which move will help both fund houses and investors.
Experts say investors should stay patient and stay invested in mutual funds.
An expert committee has recommended to Defence Minister Manohar Parrikar that supply of equipment need not be blocked even if bribery charges emerge.
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
Bull markets need a a charismatic leader and a fancy destination.
While there is little one can do when the fund house restricts redemptions, it's best to exit even if it means some losses.
Such schemes try to exploit an anomaly in taxation, but aren't in violation of laws, experts say.
In front-running case, some fund houses have settled with Sebi and paid the amount lost to trustees.
Unhappy with the veteran leader's performance in the city, political pundits, academicians and the common man say the call to field him from Kanpur instead was a blessing in disguise for him. Sharat Pradhan reports.
Of the 70 international feeder funds, more than half have made losses in 2014.
Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
Measured by returns in 2013, the top 10 funds had only three from large houses; nimble strategy could be a factor.
Ask about the fund house's other schemes and how these have performed over time.
Bharatiya Janata Party prime ministerial candidate Narendra Modi's supporters seemed desperate to get a glimpse of their leader as they waited patiently on balconies and rooftops along the 4 km route of his road show, reports Sharat Pradhan
Asset managers are betting big on ETFs these days.
Most large fund houses, such as HDFC MF, ICICI Prudential AMC, Reliance MF, Reliance MF, Birla SunLife MF and SBI MF, have the backing of large banks or financial institutions, giving them reach and understanding, they say.
'Indians are great savers, but they are lousy investors.'
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