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GIFT City regulator clamps down on dormant companies

New Delhi, Feb. 20 -- The GIFT City regulator has started asking inactive companies to voluntarily surrender their licences if they do not intend to start a business, according to three people in the ... Read More


GIFT City regulator clamps down on dormant companies

Mumbai, Feb. 20 -- The GIFT City regulator has started asking inactive companies to voluntarily surrender their licences if they do not intend to start a business, according to three people in the kno... Read More


Why passive funds are hiring more to mimic benchmark indices better

New Delhi, Feb. 15 -- As passive funds slowly yet surely get more traction in India, their asset mangers are expanding teams, typically very small, to run operations more efficiently and reduce gaps b... Read More


Banks are showing interest in becoming pension fund managers: PFRDA chairperson S. Ramann

Mumbai, Feb. 13 -- India's pension fund regulator has received enquiries from two banks to act as pension managers, two months after it allowed lenders to operate as such, a top official said. "Two b... Read More


Brokerage firms see post Q3 revenue gains from commodity derivatives amid rising gold and silver prices

New Delhi, Feb. 10 -- Investments in commodities, including gold and silver, which surged to record prices, not only yielded strong returns for traders but also helped brokers increase their share of ... Read More


Mutual funds want commodity ETFs other than gold and silver. But is this feasible?

New Delhi, Feb. 6 -- Mutual funds and commodity exchanges are exploring whether exchange traded funds (ETFs) can be expanded beyond gold and silver. Current regulations limit ETFs to these two preciou... Read More


Bank deposits lose out as households shift to MFs, equity

MUMBAI, Jan. 30 -- Bank deposits have steadily lost prominence in Indian households' financial savings as mutual funds and equities capture a larger share. Bank deposits now account for just 35% of an... Read More


Bank deposits shrink in household savings as MFs, equities gain ground: Economic Survey

MUMBAI, Jan. 29 -- Bank deposits have steadily lost prominence in Indian households' financial savings as mutual funds and equities capture a larger share. Bank deposits now account for just 35% of a... Read More


Nifty slumps most in 8 months

mumbai, Jan. 21 -- Global trade jitters erased investor wealth by a staggering Rs.9.86 trillion on Tuesday, as the Nifty index plunged the most in eight months. In the background, tariff tensions rose... Read More


Trade tussle takes toll, Nifty logs worst fall in eight months

New Delhi, Jan. 20 -- Global trade jitters erased investor wealth by a staggering Rs.9.86 trillion on Tuesday, after the Nifty plunged the most in eight months. In the background, tariff tensions rose... Read More