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Investors pull out Rs 60,000 cr from MF schemes in June

Investors pull out Rs 60,000 cr from MF schemes in June

Last Updated: Wednesday, July 30, 2014, 14:04

Investors pulled out nearly Rs 60,000 crore from various mutual fund schemes in June after putting in a staggering Rs 1.5 lakh crore in the preceding two months.

Mutual funds' equity folio count rises by 84,000 in Q1 FY15

Mutual funds' equity folio count rises by 84,000 in Q1 FY15

Last Updated: Tuesday, July 29, 2014, 15:51

Folios are numbers designated to individual investor accounts, though one investor can have multiple folios.

Construction workers in Gujarat deprived of welfare, says CAG

Last Updated: Monday, July 28, 2014, 00:23

The Gujarat Government failed to conduct any survey to identify or register construction workers which led to a situation where they were deprived of welfare schemes, a recent report by the CAG said.

Many minority schemes under consideration: Najma Heptulla

Last Updated: Thursday, July 24, 2014, 22:53

Minority Affairs Minister Najma Heptula Thursday said several schemes were under consideration to help minority communities in all states.

Cabinet clears bill to empower Sebi to deal with ponzi schemes

Last Updated: Thursday, July 24, 2014, 18:25

A Bill to effectively empower the market regulator Sebi to crack down on ponzi schemes and investment frauds was approved by the Cabinet on Thursday.

Govt using information from various nations to check tax evasion

Last Updated: Tuesday, July 22, 2014, 17:12

The government on Tuesday said it is effectively using the information received from various countries to combat the menace of tax evasion and avoidance.

Mutual fund distributors' commission rises by 9% in FY'14

Last Updated: Thursday, July 17, 2014, 15:03

According to latest data available with Association of Mutual Funds in India (AMFI), the total income earned by 329 distributors stood at Rs 2,572 crore.

EPFO asks field staff to gear up for implementing new wage cap

Last Updated: Tuesday, July 15, 2014, 20:31

Retirement fund body EPFO has asked its field offices to be prepared for implementation of the new government's decision to raise wage ceiling for social security schemes to Rs 15,000, which is expected to bring 50 lakh more workers under the coverage.

Money-laundering: Sumangal boss, arrested, sent to police custody

Last Updated: Tuesday, July 08, 2014, 00:33

The top boss of a city-based company, involved in collecting deposits from the public by floating potato bonds, has been arrested from Mumbai on charges of money laundering and was Monday sent by a court here to police custody till July 18.

DDA to hike interest rate for housing registration deposits

Last Updated: Friday, June 27, 2014, 00:01

Delhi Development Authority has decided to pay simple interest at 8 percent instead of the current 5 percent on registration deposits for all its future housing schemes, the urban body said Thursday.

Sebi hopes anti-ponzi ordinance would become a law soon

Last Updated: Saturday, June 21, 2014, 12:13

Armed with powers given through an ordinance to take on investment frauds, Sebi chairman U K Sinha today said he hopes it would soon become a permanent law to ensure continued clampdown against illegal investment schemes.

Create income-generating schemes in farming sector, minister

Last Updated: Tuesday, June 10, 2014, 13:10

Arunachal Pradesh Agriculture minister Chowna Mein has stressed the need for motivation of all stakeholders, introduction of high yielding varieties of crops and involvement of rural youths in farming by creating income-generating schemes in the farming sector.