ICICI Prudential Mutual Fund has been appointed by the government to manage the second CPSE exchange traded fund (ETF) comprising stocks of PSUs in the current fiscal with an estimated
National Pension System (NPS) subscribers will now have to pay for seeking the services of retirement advisers as pension regulator PFRDA has permitted them to charge a fee ranging between
Affordable housing financing company Aptus Value Housing Finance India on Wednesday said it has closed a Rs 270-crore investment in equity from two private equity funds.
The company has
India has among the lowest mutual fund investments to GDP ratios in the world at 7 per cent, offering a vast untapped opportunity for MF houses, which can leverage technology
With an aim to bring in greater transparency in dealings of mutual funds, markets regulator Sebi on Tuesday asked them to disclose the exact commission paid to distributors as against
Busting one of the biggest rackets of gold smuggling, the directorate general of revenue intelligence (DRI) has seized 7,000 kg of the precious metal worth Rs 2,000 crore in the
An income tax return (ITR) is a prescribed form used by the taxpayer to submit details of his/her total income earned in a financial year, and the taxes paid thereon
Daimler Financial Services India, a wholly owned subsidiary of Daimler AG, has completed five years of successful operations in the Indian market and is bullish about the opportunities here.
After witnessing a blip in July new business premium growth for private life insurance companies bounced back last month. Private life insurers grew by 21 per cent to
The pace of bad loan formation is going to slower resulting in a stable outlook for the Indian banking sector over the next 12-18 months, Moody's investors service said on Monday.