Sebi wants government to allow pension money in MFs

Market regulator Securities and Exchange Board of India (Sebi) has asked the government to allow domestic pension funds to invest in equities through asset management companies, when it announces the 2014/15 budget.

The new government will announce the budget on July 10.

EDITORIAL OF THE DAY

  • Dictating retail price of a commodity goes against the grain of free market economy

    The Centre’s suggestion to states to cap prices of pulses and edible oils seems to indicate a bankruptcy of ideas in the government.

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