Five Indian-origin women executives have made it to Barron's prestigious annual '100 Most Influential Women in US Finance' list for achieving positions of prominence in the financial services industry and helping shape its future. Barron's is a sister publication of the Wall Street Journal, published by Dow Jones and Company. "The list honours established and emerging leaders in financial services, the corporate world, nonprofit organisations, and government," the magazine said in a press release.
The Enforcement Directorate (ED) failed to furnish direct evidence linking Delhi Chief Minister Arvind Kejriwal to the proceeds of crime in the money laundering case against him, a Delhi court has said while ordering his release on bail.
Here's a glimpse of the carnival-like atmosphere in the stands...
Several mutual funds (MFs) have recently approached the Reserve Bank of India (RBI) as they renew efforts to increase their overseas investment limit. In June 2022, the capital markets regulator Securities and Exchange Board of India (Sebi) permitted MFs to invest in foreign stocks within the aggregate mandated limit of $7 billion after a correction in stocks. One of the proposals shared with the RBI is to link MFs' foreign investment limit to the country's foreign exchange reserves.
rediffGURU Ulhas Joshi answers readers' mutual fund queries
With three goals, Diop, who won 62 caps, is Senegal's top scorer in World Cup finals.
Floating-rate mutual funds are back in demand after a year-long period of consistent outflows. In the past three months, investors have poured over Rs 6,100 crore into these debt schemes, indicating a reversal in fortunes for the category that recorded outflows for 11 consecutive months (May 2022 to March 2023), totalling Rs 32,250 crore. Floating-rate funds invest at least 65 per cent in floating-rate instruments, which have their interest rates linked to the Reserve Bank of India repo rate.
In cricket, we have something that we can share with our families, neighbours and indeed, the whole country. It is colour-blind, language-neutral, truly secular and transcends all regions, from Kashmir to Kerala and Mizoram to Maharashtra, explains Shreekant Sambrani.
The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). The initial corpus for the Corporate Debt Market Development Fund (CDMDF) is nearly Rs 3,100 crore, according to multiple government officials and AMC executives. "The fund is operational now. "The required corpus has been raised by AMCs and the remaining part (Rs 30,000 crore) is in the form of a guarantee from the government which will be activated only in case of a credit event," explained D P Singh, joint CEO and deputy MD, SBI MF.
The prime minister's insistence that his voice cannot be suppressed left me both puzzled and amused. He has at his call, the government's official news dissemination/publicity channels, the pliant newspapers and television channels that were eager to prostrate themselves before a powerful government and yet, the dominant voice thinks it is in competition with other voices! exclaims Shyam G Menon.
The fund house had offered two options to affected investors -- either monetisation of assets by trustees or hiring a third party to conduct the process.
Mumbai Indians on Saturday announced that former New Zealand fast bowler Shane Bond has been named the head coach of their MI Emirates team in the United Arab Emirates-based International League T20 (ILT20) competition.
'I change my laws and the Islamic laws in order to satisfy the West - this is not acceptable'
anada's hopes of getting back into the contest were dashed when a curling cross from Perisic on the left was controlled by Kramaric, who shifted the ball onto his left foot and dispatched it low into the bottom corner in the 70th minute.
The first half of Monday's World Cup Group A match between Senegal and the Netherlands ended 0-0 at Al Thumama Stadium as the Dutch were left to rue missed chances.
The improving outlook for the power sector has caught the interest of dividend yield funds. In the first four months of the current financial year (2023-24, or FY24), five of the six largest dividend yield funds have shown a notable increase in their exposure to stocks within the power sector. Some have even introduced new stocks to their portfolios.
In a statement, the central bank said heightened volatility in capital markets in reaction to Covid-19 has imposed liquidity strains on mutual funds (MFs), which have intensified in the wake of redemption pressures related to closure of some debt MFs and potential contagious effects therefrom.
'Looking at the speed at which changes were made post the Franklin Templeton issue, we are awaiting more stricter norms in the months to come.'
Speaking about the issue in India in March 2012 at a media conclave, Kissinger defended his use of unparliamentary language while referring to Prime Minister Indira Gandhi.
'Investors should restrict themselves to a few category schemes with high quality portfolios apart from overnight and liquid funds.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
2012 Olympic gold medallist swimmer Missy Franklin was so inspired by the girls from Yuwa and the work done by the organisation that she kept in touch with the organisation and has recently accepted the invitation to join its board.
American teenager Katie Ledecky smashed the world record in the women's 1,500 metres freestyle final by more than six seconds during a glittering session for the United States at the world championships on Tuesday.
Images from the FIFA World Cup Group A match between Qatar and Senegal on Friday.
After the Franklin Templeton episode, investor confidence has been shaken. Known brands have become more relevant to investors, as long as this psychological impact lasts.
'India is an equity market with a breadth and depth of companies to invest in.'
Modric said it was important to respect opponents in Qatar, including Morocco, describing the players as phenomenal and highly motivated.
Van Gaal was joined at the news conference by man of the match Gakpo, who was happy to shoulder some of the creative burden caused by Depay's absence by making the most of seeing Senegal goalkeeper Edouard Mendy coming off his line.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Here's what you need to know about the opening ceremony of the Nov. 20-Dec. 18 World Cup in Qatar
Capital markets regulator Sebi has amended norms to bring buying and selling of mutual fund units under the ambit of insider trading rules. At present, insider trading rules are applicable to dealing in securities of listed companies or those proposed to be listed, when in possession of Unpublished Price Sensitive Information (UPSI). The units of mutual funds are specifically excluded from the definition of securities under the rules.
Scotland's Scott McTominay grabbed another brace of goals as they stunned a much-changed Spain side to earn a deserved 2-0 victory in their Euro 2024 qualifier.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Since April there have been no new NFOs because of the delay in the implementation of the new norms around pooling of funds.
In our view, investors should give FIHGCF a miss for now.
South Korea scored an added time goal to beat already-qualified Portugal 2-1 at the World Cup in a comeback win that sent the Asian side into the last 16 ahead of Uruguay on the number of goals scored.
The fight for Mumbai's green lung continues through the Ganesh Utsav festival.
Mutual funds, as experts and custodians of another set of retail investors' savings, play a speculative game they are neither supposed to nor equipped to do, cautions Debashis Basu.
The stadium erupted in cheers once more with Fernandez's late strike which sealed Argentina's first win in the tournament and rekindled Messi's hopes of a first-ever World Cup title.
Eriksen is recovering at a nearby hospital and will have an implantable cardioverter defibrillator
