SEBI proposes swing pricing for debt MFs
Sebi on Monday proposed introducing swing pricing mechanism for open ended mutual fund debt schemes as part of efforts to ensure fairness in treatment of investors, especially during times of…
SEBI’s new norms for REITs
The future of real estate will be characterised by an increase in smaller investments. Even before the pandemic, new and smaller retail investors were looking for affordable options in the…
Zomato IPO Opens Next Week
The much-awaited IPO of online food delivery and restaurant discovery platform Zomato is knocking the doors for delivery of its initial public offering (IPO) on Dalal Street as it is set to…
MF assets zoom to Rs.34 lakh crore
Gross SIP inflows in mutual funds has increased in June to reclaim the Rs.9,000 level last seen in March 2021. Mutual funds garnered Rs.9,156 crore through SIP last month compared…
7th Pay Commission
Over one crore central government employees and pensioners are impatiently waiting for the restoration of dearness allowance (DA) and dearness relief (DR) under the 7th Pay Commission. While the Indian…
UTI AMC stake
Three state-owned financial-sector entities - State Bank of India, Life Insurance Corporation of India and Bank of Baroda - on Friday moved the Supreme Court against the Securities Appellate Tribunal…
Govt eases listing norms
Companies that have a market capitalisation of more than ₹1 lakh crore at the time of listing can now sell just five per cent of their shares, with the latest amendment…
PFRDA permits withdrawal of NPS corpus of Rs 5 lakh without buying annuity
The Pension Fund Regulatory and Development Authority (PFRDA) has allowed subscribers to withdraw the entire accumulated pension wealth without purchasing annuity if the pension corpus is less than Rs 5…
Mutual funds raise exposure to PSU banks
As covid-led uncertainties are gradually receding, mutual fund houses are increasing their exposure to the banking sector, especially in the PSU segment. . An analysis of India’s top 20 domestic mutual…
May retail inflation at 6-month high of 6.3%
India's retail inflation shot up to six-month high of 6.3 per cent in May, after easing to a three-month low of 4.23 per cent in April, according to the government…