Informal sector workers can join PMSYM pension scheme from Feb 15
All unorganised sector workers up to 40 years of age can subscribe to the Pradhan Mantri Shram Yogi Maandhan (PMSYM) scheme, which entails a minimum […]
Sensex ends 151 points lower, Nifty short of 10,900
Major equity indices traded in the red throughout the day on Monday ahead of the key macro-data release on Tuesday, with Sensex closing 150 points […]
Amazon to acquire mesh Wi-Fi router startup ‘Eero’ to help connect home devices
Amazon.com Inc. has agreed to acquire Eero, a builder of Wi-Fi-networking tools, in another deal aimed at bolstering the retail and technology giant’s home devices […]
Do you need mutual funds?
Very often, we think we don’t need mutual funds in our portfolio and that our existing investments are enough to meet our future goals. But, […]
Nimble investors should concentrate on capital protection
A mild sense of panic is creeping into the country’s financial markets. The finance minister would have everyone believe that it is just part of […]
Sebi to lower expenses charged by mutual funds
Markets regulator Sebi on Wednesday decided to reduce the additional expenses charged by mutual funds by 15 basis points to aimed at increasing penetration of […]
Govt takes over indebted lender IL&FS in surprise move
The government will immediately seize control of a shadow lender whose defaults have caused widespread upheaval at mutual funds, a rebuke that’s only happened to […]
Yes Bank shares gain 4% on SEBI nod for mutual fund business
Shares of Yes Bank on Thursday rose by 4% after the company received approval from capital markets regulator SEBI to start mutual fund business. The […]
Mutual funds asset base dips Rs 66,000 crore in May to Rs 22.6 lakh crore
The mutual fund industry’s asset base has fallen by nearly Rs 66,000 crore, to Rs 22.6 lakh crore at the end of May, primarily on […]
India’s stocks are hostage to US Fed rate cycle, says mutual fund giant
For all the domestic drivers of India’s stocks — from oil to elections to shadow banking shakeouts — the US Federal Reserve holds the most […]