Category : Search result: fund diversion


China Launches $14B State VC Fund for Tech Champions

China launches a massive national venture capital fund worth 100 billion yuan to foster homegrown tech firms in semiconductors, AI, and quantum tech. Learn how this state-backed push aims to counter US competition.

China Silver Fund Plunges 10% to End Bull Run

China's sole pure-play silver fund plunged by the daily 10% limit after a frenzied rally. The fund manager had issued repeated warnings about unsustainable gains and a dangerous premium. Read more on the precious metals frenzy.

Simplify Your Portfolio: 4-6 Funds Are Enough

Stop overcomplicating your investments. A portfolio of 4-6 well-chosen mutual funds is sufficient for most Indian investors. Learn the core-satellite strategy to build wealth without confusion.

Govt to inject ₹30,000 crore into sovereign fund NIIF

The Union government is planning a major ₹30,000 crore equity infusion into the National Investment and Infrastructure Fund (NIIF) to boost infrastructure spending. The announcement is likely in the upcoming budget.

Gujarat 2nd in Equity MF AUM, SIPs Drive Growth

Gujarat climbs to #2 in equity mutual fund assets, fueled by SIP adoption in semi-urban & rural areas. AUM hits Rs 3.66 lakh crore, beating Karnataka. Discover the shift in investor mindset.

Complete Guide to Mutual Fund Taxation in India

Learn how equity, debt & hybrid mutual funds are taxed. Optimise your post-tax returns with this detailed guide on capital gains tax, holding periods, and tax-saving strategies.

Mumbai's Rs 2,000 Crore Mega-Plan to Clean Mithi River

Mumbai launches its most ambitious Mithi river cleanup yet: a 6.6-km underground sewage tunnel and tidal overhaul costing over Rs 2,000 crore. Will this finally revive the long-polluted river? Read the full analysis.

Hyderabad: Chit Fund Fraud of ₹1.6 Crore, 20 Victims

Hyderabad's CCS registers a cheating case against chit fund operator Hatty Chandrakanth for allegedly duping over 20 people of ₹1.6 crore. Read the full details of the scam and the police investigation.

Chandigarh Traffic Diversions on Dec 19 & 20 for VIP Visit

Chandigarh Traffic Police has issued a traffic advisory for December 19 and 20 due to the Home Minister's visit. Key routes like Dakshin Marg and Sarovar Path will see restrictions. Plan your commute and follow updates.

Goa diverts 183ha forest for airport, roads, railways

Union government reveals Goa diverted 183 hectares of forest land for 34 non-forest projects, including an airport and railway lines, since April 2021. Details on compensatory afforestation inside.

Patna-Ara Road Closure for 7 Months from Dec 18

Major traffic disruption between Patna and Ara as Shivala-Kanhauli road closes for over 7 months for NHAI's elevated road project. Check diversion routes and school vehicle timings.

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