Room for more fiscal support in India in near term given severity of economic situation: IMF
Vitor Gaspar, Director of the International Monetary Fund's Fiscal Affairs Department, told that a complete and successful implementation of the existing support measures (in particular, food provision to households) is of paramount importance.
Debt fund fiasco starts hurting Franklin Templeton MF; AAUM falls sharply in April-June quarter
Apart from debt schemes, Investors also seem ...
Facebook co-founder’s B Capital warns of tough times for cash-guzzlers
Founded by Saverin and former Bain & Co. executive Raj Ganguly, B Capi...
Canara Bank plans to raise up to Rs 8,000 cr in FY21
Canara Bank said the board has approved raising equity share capital amounting up to Rs 5,000 crore through various means.
Mutual funds’ average AUM falls 8.9% in April-June, Franklin worst hit
The average AUM of the industry declined from Rs 27,03,675 crore during the January-March quarter to Rs 24,62,769 crore.
Why are most mutual fund investors `aggressive’ these days?
Every mutual fund investor, especially the new one, is an aggressive investor these days. You ask them about their risk profile, and you might get responses like these:“I am okay with high risk. I am young.”
HDFC Equity mutual fund review: Volatile returns won’t suit all investors
The fund has visibly underperformed over the past few years as several contrarian bets have not paid off. While its longer term track record is impressive and retains ability to outperform over entire market cycles, the oscillations in returns may not suit everyone.
Mid-cap mutual fund schemes were least hit by March sell-off in stock market: Here's why
The mid-cap fund category's superior downside performance has been backed by healthy upside capture since the March lows. Overall, mid-cap funds have emerged much stronger amid the see-saw in the broader markets.
Voda Idea pays Rs 2,900 cr towards NCD maturities
Vodafone Idea has made full payment to all NCD bond-holders, including Franklin.
Coca Cola India to support nearly 48 public hospitals across eight state
The company has been extending support towards the health infrastructure through a partnership with United Way Mumbai by provision of Personal Protective Equipment (PPE) and safety hygiene kits to health care workers. Additionally, it has been serving over 65,000 public service personnel across the nation.
Unequivocal for local: Indians are now benchmarking their products against the world’s best
When the Prime Minister exhorted Indians to be vocal about local, there were quite a few apprehensions. But Indians are now benchmarking their products competing with the world’s best and crafting high quality artisanal products too. Which one we buy is our choice entirely.
Companies raising funds clear reason why markets are rallying: Kunj Bansal
‘We can clearly see the interest of foreign investors in any of the quality offerings’
Facebook considering banning political ads
The issue has come to the forefront in recent weeks, with the November election looming and as Facebook grapples with intensifying scrutiny over content posted to its platform. The core of the debate is whether banning political ads would help or harm “giving users a voice,” said the people with knowledge of the discussions. Stopping ads could stifle speech for some groups, they said, though allowing political ads to run could also allow more misinformation that could disenfranchise voters.
China stock rally pauses on stake cuts, U.S. sanctions
The market could face a correction risk in the short term
PMC bank: Wadhawans bail rejected, offence grave says court
The Wadhawan duo are accused in the multi-crore rupee Punjab & Maharashtra Cooperative (PMC) Bank scam case.
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