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India Inc's Nov foreign borrowing up 60% at $3.5b

Indian Industry raised $3. 49 billion from overseas markets last month up 60

EPFO set for major overhaul in 2015

As a new year beckons, retirement fund body EPFO (Employees' Provident Fund Organisation) is set for a major overhaul in the way it manages the provident fund deposits of its

Fund houses must tap digital tech to widen reach: report

Digital technologies and social media are set to transform the reach and scope of the financial distribution in the country. As the number of mobile phones and internet users

Dealing in pre-paid cards made easier

The guidelines related to pre-paid instruments have been changed by the Reserve Bank of India (RBI) and these will provide individuals with an easier mode of dealing with these instruments.

Indians not averse to monetising gold holdings

The affinity Indians have towards gold is well-known. While they buy gold both as investment or adornment very few are willing to part with it even in bad

Rupee slightly higher, month-end oil demand to hurt

The rupee is slightly higher at 63. 2675/2750 vs close of 63

Deadline to exchange pre-2005 currency notes ends on January 1

People have only 11-days left to exchange currency notes of various denominations, including 500 and 1,000, which were printed before 2005.

The deadline for exchanging the pre-2005 notes is January

Bad loan write offs double to Rs 42,477 cr in 3 years

The amount of bad loans written off or restructured by the PSU banks has more than doubled in the last three years ending March 2014 to Rs 42,447 crore.

The

Life insurers seek separate tax deduction limit of Rs 1.5 lakh

Life insurance companies have sought a separate tax deduction limit of Rs 1. 5 lakh in an effort to make this asset class more taxpayer friendly

Rupee edges up, tracking share gains; flows key

The rupee is trading at 63. 05/06 versus its Thursday's close of 63

  • 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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