Equity mutual funds lost up to 9.06% last week, with international funds dominating the list of top losers. Six funds declined more than 6.50%, led by Mirae Asset NYSE FANG+ ETF FoF, followed by Nasdaq 100 and S&P 500-focused funds.
The 8th Pay Commission, on 9-10 July, completed its latest stakeholder consultations and discussions in Kolkata. With more than eight months of the commission’s official 18-month tenure completed, it is now expected to expedite consultations and finalise its recommendations. The 8th Pay Commission will bring revisions to salaries, pension reforms and meaningful changes in allowances…
Indian equity markets extended their losing streak on Wednesday, September 9, as rising oil prices and other concerns weighed on investor sentiment. The NSE Nifty 50 ended the session at 23,431.50, declining 203.60 points, or 0.86%. The BSE Sensex closed at 74,764.23, down 813.35 points, or 1.08%. The sell-off also extended to the broader markets….
Agricultural land offers celebrities more than open spaces and peaceful weekend breaks. It combines farming opportunities, investment potential, privacy and a connection with nature. For wealthy buyers, these benefits can make farmland attractive alongside homes and other investments. Several well-known names own farms or rural properties across India. Salman Khan’s Arpita Farms in Panvel covers…
Punjab government on 31 August, transferred Sukhchain Singh Khera, key member of the state employees’ protest, from the Punjab Civil Secretariat’s administrative branch to the planning branch in Sector 33 in Chandigarh, PTI reported. The move comes after more than 3 lakh state employees participated in mass leave on 27 August to push for immediate…
More than 100 companies including IREDA, Kalyan Jewellers, NSDL and others have fixed September 11 (Friday) as the record date for their respective dividends, effectively making today the last day for interested investors to buy the stocks to be eligible for the dividend payouts. Under Sebi’s T+1 settlement cycle, investors need to purchase a company’s…
Kwality Walls shares fell as much as 3% to Rs 43 on the BSE on Wednesday, extending their losing streak to seven sessions and taking the total decline to 11%. The most recent drop comes after Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited (RIL), announced its entry into the ice…