Last Updated: Friday, July 11, 2014, 13:42
The mutual fund industry on Thursday welcomed the Budget proposal to increase the tax exemption limit under section 80C of the Income Tax Act to Rs 1.5 lakh, but said other measures were a mixed bag.
Last Updated: Thursday, July 10, 2014, 23:27
A local court today allowed the Enforcement Directorate (ED) to take Saradha Group chief Sudipta Sen on remand for ten days.
Last Updated: Thursday, July 10, 2014, 17:43
Finance Minister Arun Jaitley Thursday announced the setting up of an Agriculture Infrastructure Fund of Rs.100 crore to encourage research and development, saying it was necessary to make farming competitive and give an impetus to investment in agriculture.
Last Updated: Thursday, July 10, 2014, 15:42
Union Finance Minister Arun Jaitley on Thursday announced to establish a `National Adaptation Fund` for climate change.
Last Updated: Wednesday, July 09, 2014, 19:41
Investors pumped in nearly Rs 54,000 crore in various mutual fund schemes in 2013-14, 23 percent lower than the amount infused by them in the preceding fiscal, the Economic Survey said Wednesday.
Last Updated: Monday, July 07, 2014, 18:18
Morgan Stanley said its Asia private equity unit has raised USD 1.7 billion in its fourth Asia fund as it seeks investment opportunities in China and South Korea.
Last Updated: Monday, July 07, 2014, 15:22
Government has approved minimum monthly pension of Rs 1,000 under Employees Pension Scheme 1995 (EPS-95) run by the retirement body Employees' Provident Fund Organisation (EPFO), Parliament was informed Monday.
Last Updated: Sunday, July 06, 2014, 14:13
The total assets under management is about Rs 56,000 crore comprising of both government and non-government employees' contribution.
Last Updated: Saturday, July 05, 2014, 20:39
Aam Aadmi Party on Saturday asked Lt Governor Najeeb Jung to change a "discriminatory" act that disallows MLAs from spending their funds for development work in group housing societies` areas here and threatened to launch a city-wide stir if its demand was not met.
Last Updated: Wednesday, July 02, 2014, 14:14
Improved market sentiments helped mutual funds' assets under management (AUM) soar by Rs 80,000 crore or nine percent to Rs 9.85 lakh crore in the first quarter of the current fiscal.
Last Updated: Monday, June 30, 2014, 17:04
Retirement fund body EPFO on Monday launched online registration facility for employers, a move that will help firms get employers' code within a day.
Last Updated: Monday, June 30, 2014, 15:11
Fund managers' exposure to the software space has dropped to the lowest level in nine months to Rs 22,986 crore at the end of May, amid weakness in the sector.
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