Banks Scrutinize Overseas Money Transfers, Demand CA Proof
Indian banks intensify checks on overseas remittances, demanding CA-certified fund source proofs from HNIs & NRIs. Learn about LRS rules and the compliance hurdles amid a falling rupee.
Indian banks intensify checks on overseas remittances, demanding CA-certified fund source proofs from HNIs & NRIs. Learn about LRS rules and the compliance hurdles amid a falling rupee.
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.
GRM Overseas shares to trade ex-bonus on Dec 24 for a 2:1 bonus issue. Shareholders get 2 extra shares per share held. Details on price adjustment & Q2 results inside.
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.
Samajwadi Party MLA demands revision of MLA discretionary health fund from Rs 25 lakh to Rs 1 crore. UP government announces stringent penalties for social media misuse. Read the latest from the UP Assembly.
Delhi's IGI Airport plans dedicated airside corridors between terminals to ease passenger transfers, starting with domestic-to-international routes. Read more about the upcoming changes.
Chelsea, Manchester United, Man City, and Liverpool are chasing Bournemouth star Antoine Semenyo. His £65m release clause is active for a limited time in January 2026. Read the latest transfer news.
Pharmed Foundation announces the KK Aurora Light of Hope Fund, a ₹5 crore initiative to provide respiratory care equipment for patients with rare diseases in India. Learn how this fund aims to save lives.
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 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.
Uttarakhand High Court halts the transfer of a forest officer, ruling it violated the state's transfer act. The officer had not completed his minimum tenure. Read the full details.
Assam CM Himanta Biswa Sarma announces a fully mechanised transfer system for state employees to cut red tape. 3,420 health workers get appointment letters.
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.
Delaware court sides with Elliott Management, ordering the winding down of a Stronghold-managed oil & gas fund. The ruling stems from a breach of a 2022 settlement agreement. Read the full details.
Krafton, Naver, and Mirae Asset launch a Rs 6,000 crore fund for Indian tech startups in AI, fintech, logistics & more. Read about this major Korean investment alliance.
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.
Sebi introduces new mutual fund rules with lower expense caps, transparent fee structures, and simplified compliance. Learn how this impacts your investment costs from April 2026.
SEBI dilutes its earlier strict proposal on mutual fund charges. New 6 bps brokerage cap for cash markets and revised expense ratio structure aim for transparency. Implementation from April 2026.
SEBI's new mutual fund TER reforms enhance investor transparency and returns. Near-term pressure on AMCs expected, but long-term benefits for retail investors are significant. Learn the details.
SEBI slashes mutual fund expense ratios and brokerage costs, promising lower fees for investors. New regulations aim for greater transparency and simpler compliance after 30 years.
SEBI announces major reforms for mutual funds, cutting expense ratio limits and brokerage fees to boost investor protection and transparency. Key changes explained.
Bihar's Jeevika officials issue notices to three male villagers to recover Rs 10,000 wrongly credited under a women-only scheme. Read about the administrative error and recovery efforts.
Planning to exit one mutual fund for another? Learn how a Systematic Transfer Plan (STP) helps manage market risk, averages costs, and offers tax benefits. Start smart investing today!
The Gujarat CM Relief Fund has provided a new lease of life to 2106 cancer patients, disbursing Rs 31.55 crore in financial aid over four years. Discover how this vital support is fighting the disease.
Govt data reveals over 25,000 Punjabis work in Gulf nations, facing exploitation like unpaid salaries & passport retention. Learn about the risks and official redressal mechanisms.
BCCI introduces ₹18 crore salary cap for overseas players in IPL mini-auctions to control inflation and maintain parity with Indian stars. Learn the rules and implications.
Maharashtra govt shifts BMC's Additional Commissioner Amit Saini after corruption allegations stalled 160 engineer transfers. BJP leader demanded ACB probe into cash-for-transfer scam.
Maharashtra govt transfers BMC's Amit Saini amid cash-for-transfer scam allegations. Over 160 engineer transfers stayed. New officer Avinash Dhakne takes charge. Read the full investigation details.
Haryana government launches Teacher Transfer Policy, 2025, replacing the 2023 framework. It ensures demand-based distribution, transparency, and job satisfaction for teachers across state schools. Learn the key changes.
Sebi's proposal to lower mutual fund expense ratios (TER) could save investors thousands of crores. Learn how a small fee reduction compounds into significant long-term wealth. Check your fund's TER now!