Worried by potentially destabilising hot money flows, the Reserve Bank of India (RBI) could take action if foreign investors pour excessive amounts into mutual funds to bypass limits on ownership
The rupee strengthened by 8 paise to 61. 86 against the dollar in early trade today at the Interbank Foreign Exchange on increased selling of the US currency by exporters
Ahead of the monetary policy review, SBI Chairperson Arundhati Bhattacharya today said RBI may leave interest rate unchanged in the next review but could soften its stance by end of
The rupee fell to as low as 62. 13 on Thursday its lowest since March 4
Following reports about government’s plan to impose fresh curbs on gold imports, importers and bullion dealers are hoarding their stocks in anticipation of higher profits. The jewellery trade body
India’s largest gems and jewellery federation has proposed its members curb sales of gold coins and bars in an effort to prevent the government from imposing import restrictions on gold
Continuing its losing streak for the fifth straight session the rupee weakened by another 14 paise to 61. 88 in early trade today at the Interbank Foreign Exchange on
With the bulls raging in the stock market, there is a rush among the mutual fund houses to launch new equity funds to tap the India growth story. And
Life insurance companies have seen a considerable drop in the number of complaints filed by their policyholders during the first six months of the current financial year. While a
Ask a layman where he would invest a crore if he wins it on a famous show, pat comes the answer – real estate. The balance is usually reserved
- 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.