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Sectoral funds continue lapping up investor money, debt funds see massive outflows in September 2024, shows AMFI data

​​​​​Multi-cap and large and mid-cap funds saw inflows of about Rs 3,500 crore last month, followed…

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New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know

The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…

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PM E-DRIVE scheme with ₹10,900 crore outlay announced for electric vehicles

Prime Minister Narendra Modi-led central government has notified a new scheme aimed at boosting the…

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1 min read

New centrally-sponsored scheme to skill 20 lakh youth over 5 years

The minister said that model skilling loan scheme will be revised to facilitate loans up to Rs …

PTI   


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The newest fad in mutual fund multiverse: Sectoral Funds. Here's why you should not over-invest in them

Between April and June 2024, equity mutual funds saw a total inflow of Rs 94,222.27 crore, out of w…

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Over 23 lakh govt employees under NPS get option to choose unified pension scheme

Unlike the old pension scheme, UPS is contributory in nature, wherein employees will be required to…

PTI   


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Budget resolves to give new direction to Maharashtra: CM Shinde

Terming the state budget as "revolutionary," Maharashtra Chief Minister Eknath Shinde said that thi…

ANI   


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Attention! Here's what's changing with your PPF accounts starting 1st October, 2024

Note that if you have opened a second PPF account on or after December 12, 2019, you are not eligib…

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2 mins read

Automobile industry hails PM e-DRIVE scheme to promote EVs

Chandra said, "This forward-thinking initiative reflects the Government's unwavering support for In…

ANI   


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FM announces credit guarantee scheme, other measures for MSMEs

The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …

PTI   


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Confused by the newly introduced Unified Pension Scheme? Here’s all you need to know about how it will work

The Indian government has approved the Unified Pension Scheme, due to become effective by April 1, …

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3 mins read

Hyderabad man uses online trading app to try and earn some extra money, loses Rs 8 lakh

A 40-year-old Hyderabad man lost Rs 8.17 lakh to an online investment scam after being lured via ra…

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3 mins read

SEBI asks mutual fund industry to proactively conduct stress test

Speaking at a mutual fund event, Gopalakrishnan highlighted the importance of modelling stress scen…

PTI   


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Doctor-population ratio in India better than WHO standard, says Govt

Under the Central Sector Scheme for setting up of new AIIMS, 22 AIIMS have been approved and underg…

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TD Bank falls 8% after it faces $3 billion fine and growth caps over charges of enabling fentanyl-linked money laundering scheme

A Chinese drug cartel that was selling fentanyl bribed TD Bank branch employees in New York and New…

Matthew Fox