Odisha seeks fair share in divisible pool of funds

The state Finance Minister suggested that a mechanism should be worked out so that the states are also benefited.

published on : 18th September 2021

Rs 581 crore released to Andhra Pradesh local bodies 

The Union Ministry of Panchayat Raj has released Rs 581.70 crore to Andhra Pradesh towards the first instalment of funds under the 15th Finance Commission for the 2021-22 fiscal.

published on : 11th September 2021

Equity mutual funds attract Rs 8,666-crore in August; flexi-cap biggest contributor

Data from the Association of Mutual Funds in India showed that such funds witnessed a net inflow on Rs 22,583 crore in July on huge investments in flexi-cap category.

published on : 8th September 2021

Couple held for setting man ablaze in Telangana's Warangal

Warangal Commissioner of Police Dr Tarun Joshi said Ganesh, who was working as an agent for Achala Chit Funds, requested the mobile repair shop owner Pittala Raju to invest 15 lakh in the company.

published on : 5th September 2021

Role of Sectoral & Thematic Funds in your Portfolio

The phrases - sectoral fund and thematic fund are used fairly commonly and most mutual fund houses have launched schemes that would qualify for one of the categories.

published on : 30th August 2021

ICICI Prudential value discovery fund delivers 20% CAGR in 17 years

If an investor had invested a lumpsum of Rs 1 lakh at the time of inception (August 16, 2004), as of July 31, 2021, that investment would have been worth Rs 22.13 lakh.

published on : 27th August 2021

12.83 lakh new enrolments in EPFO in June

The net addition of female members at 2.56 lakh saw an increase of around 0.79 lakh from the number of new additions in this category during the previous month.

published on : 21st August 2021

Delhi Skill and Entrepreneurship University webinar on pandemic challenges 

The Delhi Skill and Entrepreneurship University (DSEU) organised a webinar on the occasion of World Entrepreneurs' Day.

published on : 21st August 2021

IMF to provide USD 2.77 bn 'unconditional' funds to Pakistan this month

The IMF would transfer USD 2.77 billion of the country’s share to the State Bank of Pakistan (SBP) account on August 23 out of USD 650 billion general allocation.

published on : 13th August 2021

Andhra Pradesh received Rs 1.61 lakh crore from Centre in last seven years

Rs 15.61 crore was released in 2018-19 on the Andhra Pradesh government’s request towards repayment of interest liabilities of EAPs as per special assistance granted in 2016 in lieu of SCS.  

published on : 11th August 2021

Ahmedabad to strengthen sewage treatment, stormwater drainage systems using Rs 3,000 crore from World Bank

The Ahmedabad civic body will increase the capacity of its five existing sewage treatment plants using technology upgrade at an investment of Rs 589 crore.

published on : 8th August 2021

Public sector banks mobilise record fund of Rs 58,700 crore from markets in fiscal year 2020-21

Punjab National Bank mobilised Rs 3,788 crore through share sale on private placement basis during the financial year ended March 31, 2021.

published on : 1st August 2021

Ready to resign if CM gives Rs 2000 crore to SC, ST, BC communities: Telangana MLA

Munugodu MLA Komatireddy Rajgopal Reddy said that for Telangana Chief Minister K Chandrasekhar Rao, development was limited to Siddipet, Gajwel and Sircilla.

published on : 27th July 2021

Silver Year Solutions

A Reverse Mortgage involves the bank or financial institution paying the house owner (usually a retiree) a fixed monthly amount during their lifetime.

published on : 26th July 2021

Getting past ambiguity aversion in personal finance

Most Indian households are stuck to assets that they can feel and see. They did not participate in financial markets.

published on : 26th July 2021
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