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Rishiganga hydro project washed away by glacier burst

A 13.2 MW small hydro project on the Rishiganga river was swept away in the glacier burst in Uttarakhand on Sunday, but there is no danger of floods in the downstream areas as the water level has......

125 feared dead as glacial break triggers massive floods in U'khand

A portion of the Nanda Devi glacier broke off in Uttarakhand's Chamoli district on Sunday, triggering an avalanche and a deluge in the Alaknanda river system that washed away hydroelectric......

Inflows into equity MFs decline by 40% in June

Inflows into equity mutual funds dropped sharply by 40 per cent to Rs 5,988 crore in June on profit booking by investors as stock markets witnessed sharp rallies in recent times. Illustration:......

NSDL statement prevents a $500-million sell-off in Adani group stock

The Adani group, NSDL, and FPIs have clarified that the current status of these funds is active and they can freely buy and sell securities. The clarification by the National Securities Depository......

India focussed offshore funds, ETFs see $376 mn outflow in Q4

India-focused offshore funds and exchange-traded funds (ETFs) witnessed a net outflow of $376 million in three months ended March 2021, making it the twelfth consecutive quarter of withdrawal,......

Inflows into equity mutual funds decline in April

Equity mutual funds witnessed a net inflow of Rs 3,437 crore in April, making it the second consecutive monthly infusion but lower than the amount recorded in March amid the second COVID wave.......

Sebi directive may put the brakes on MF dividends in FY22

Operational and compliance challenges foreseen for fund houses in deducting tax at source, resulting in possible TDS mismatches and disputes with investors. Illustration: Dominic Xavier/Rediff.com......
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