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View: US economy set fair for 2020, provided trade truce holds
Nonfarm employment was up by 1.46% in the three months between September and November.
If you lack discipline, you can buy Axis Retirement Savings Fund
The fund offers flexible portfolios to investors with different risk profile...
A wealth-creation idea whose time has come: credit risk fund
This is a type of debt MF that invests in debt instruments that are rated low on...
Temple in Gujarat switches to solar power, uses saved money to fund college
Temple's trustee Praveen Chandra said that the electricity bill used to be very high, so they switched to solar power. Fifty-kilowatt capacity solar panels have been installed on the terrace of the temple with an expense of Rs 25 Lakh.
Credit crisis is not over yet, choose debt mutual funds carefully
In the fifth bi-monthly monetary policy review meeting, the RBI had kept the repo rate unchanged, resulting in the yields spiking by 10-20 bps.
Principal Mutual Fund launches mid cap fund
The newly launched Principal Midcap Fund offers features like SMART and My Gain, enabling investors to stagger their investments according to market conditions.
Vodafone Idea will close if govt does not provide any relief: KM Birla
Vodafone Idea Ltd, the India's third largest mobile service provider, will shut down if the government does not provide relief on the liabil...
Licious in advanced stages to close $25-30 million funding round
The latest round, which is expected to close over the next few days, will value the firm at $250-300 million, a significant uptick from the $150 million valuation it commanded in its last round of equity financing.
Govt should provide strong stimulus package for economy: Kumar Mangalam Birla
"One of the things that it (govt) can also do is to give stronger fiscal stimulus,"Kumar Mangalam Birla said.
Exim Bank provides USD 500 mn credit to Bangladesh for defence procurement
Export Import Bank of India entered into an agreement on April 11 with Bangladesh's Armed Forces Division for making available to the latter a Government of India-supported line of credit (LoC) of USD 500 million, the RBI said in a notification on Friday. The LoC is for the purpose of financing defence-related procurement in Bangladesh, it said.
Markets appear at an all-time high, but it is good time to invest in equities, says Atul Kumar of Quantum Mutual Fund
Over the long term, we remain optimistic on Indian equities, says Atul Kumar of Quantum Mutual Fund
Only 4 strategic sales out of 24 PSUs, CAG slams govt
The Comptroller and Auditor General (CAG) Rajiv Mehrishi presented a report in Parliament which revealed that out of the 24 staterun public sector undertakings approved by the Cabinet for strategic stake sale, only one HPCL-ONGC deal was finalised in 2017-18. The auditor slammed the government for using exchange traded fund route for the sale.
SoftBank takes loss in sale of Wag, dog-walking startup
Wag’s troubles have been particularly pronounced. After its investment, the Vision Fund brought in Hilary Schneider, former chief executive of LifeLock, to lead an aggressive expansion. But it lost ground to Rover, its top competitor. Reports of lost dogs and internal struggles hurt business.
DoT clears Rs 1,500 crore for BSNL, BBNL to pay dues to vendors
BSNL has already cleared more than Rs 300 crore to vendors and contractors on account of BharatNet-II, the person said on condition of anonymity. The two companies have also disbursed payable amounts to some circles including Uttar Pradesh (East) and Madhya Pradesh, the person said.
Coal India faces CAG heat over Rs 371 crore excess PF deposit
PSU accused of violating law by parking co’s share of leave encashment
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