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Jaitley thinks it's now time for rate cut

Days ahead of the monetary policy review, finance minister Arun Jaitley today said it's time for RBI to cut rate in view of moderation in inflation and subdued industrial growth.

Bajaj Allianz Life AUM grows 12% to Rs 43,500 cr

Bajaj Allianz Life Insurance has witnessed more than 12 per cent growth in assets under management (AUM) to Rs 43,554 crore in FY15, compared to Rs 38,780 crore in FY14.

Amfi to end mutual fund bonus options

Bonus mutual fund (MF) options have become quite popular in recent years with a large number of investors taking this route to make investments. Bonus units involve a component

SBI takes e-commerce road to expand MSME business

The country’s largest bank State Bank of India (SBI) is building blocks to grow its MSME business through the e-commerce space. In just two days, the 209-year-old bank has

Gold monetisation scheme no black money amnesty option

The proposed gold monetisation scheme will not be a free pass for those holding untaxed income in the form of the yellow metal to bring their assets out in open

Global attempt on to ensure MNCs cough up proper taxes

There is now a serious global attempt to ensure that multinationals pay taxes in the jurisdiction in which they carry out their business. The attempt is being made keeping

Is your investment adviser registered? Be sure to check

The Securities and Exchange Board of India (Sebi) has announced new guidelines for investment advisers and investors need to take a closer look at these details. These will be

Not all funds are eligible for RGESS investment, be alert

The Rajiv Gandhi Equity Savings Scheme (RGE­SS) has been launched and first-time investors can ensure that they get an additional tax deduction for investment into equities through this route.

MF direct plan investment to have tax implications

The introduction of direct plans for mutual funds has meant that investors have a choice to make their investment at a lower cost in various schemes. But this poses

Fake bills for I-T rebate can land you in trouble

Recently, the income-tax department has found thousands of crores worth of fake bills and this development will have an impact on the manner in which individuals need to go about

  • Payout on Franklin Templeton plan

    FT Capital Protection Oriented plan has announced up to 100 per cent of distributable surplus as dividend.

  • Canara Robeco declares dividend

    Canara Robeco Interval Series 2 has declared up to 100 per cent of distributable surplus as dividend.

  • Payout on HSBC MF plan

    HSBC Mutual Fund has declared up to 100 per cent of distributable surplus as dividend on HSBC Fixed Term Series 30.

  • Dividend on Kotak MF

    Kotak Mutual Fund has announced up to 100 per cent of distributable surplus as dividend on Quarterly Interval Plan Series 8.

  • UTI Mutual Fund declares dividend

    UTI MF has declared up to 100 per cent of surplus as dividend on UTI Quarterly Interval Fund Series IV.

  • Payout on Bharti AXA scheme

    Bharti AXA Mutual Fund has declared dividend on weekly frequency on Bharti AXA ST Income Fund.

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Contents In this section will be updated soon

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