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Massive fall: Equity fund inflows slump 60% in January; here’s how much money investors put in

Posted: 12 Feb 2019 12:05 AM PST

Massive fall: Equity fund inflows slump 60% in January; here's how much money investors put in
The drop in inflow has pulled down the asset base of equity mutual funds (MFs) to Rs 7.73 lakh crore at the end of January this year from Rs 7.87 lakh crore in the year-earlier.

Source: TFE

Summoning Twitter’s Jack Dorsey to Parliament ok, but what do you want to say to him?

Posted: 12 Feb 2019 12:05 AM PST

Summoning Twitter's Jack Dorsey to Parliament ok, but what do you want to say to him?
Apart from the legal and ethical issues that come up, the government wants WhatsApp to be pro-active in removing content but objects to Twitter doing this!

Source: TFE

Chenab Bridge, Indian Railways infrastructural marvel, will become world’s highest rail bridge! 10 facts

Posted: 12 Feb 2019 12:05 AM PST

Chenab Bridge, Indian Railways infrastructural marvel, will become world's highest rail bridge! 10 facts
The Chenab river rail bridge is being built over a difficult terrain and Indian Railways is making use of several new techniques and methods for the project. It is expected to be complete by 2019-end.

Source: TFE

Anil Ambani-led Reliance General Insurance files for IPO to raise up to Rs 200 crore; key things to know

Posted: 12 Feb 2019 12:05 AM PST

Anil Ambani-led Reliance General Insurance files for IPO to raise up to Rs 200 crore; key things to know
Anil Ambani-led Reliance General Insurance Company has filed the draft red herring prospectus (DRHP) for its IPO to raise up to Rs 200 crore. We take a closer look.

Source: TFE

Stamp Duty dilemma: Investing in MF, ULIP, NPS, PF and other instruments may become costly

Posted: 12 Feb 2019 12:05 AM PST

Stamp Duty dilemma: Investing in MF, ULIP, NPS, PF and other instruments may become costly
Experts believe stamp duty is an obsolete thing, which creates undue burden on investors and should be abolished, rather than making all investors liable to pay the duty by implementing it at national level.

Source: TFE

Akhilesh Yadav stopped at Lucknow Airport, barred from boarding flight to Allahabad

Posted: 12 Feb 2019 12:05 AM PST

Akhilesh Yadav stopped at Lucknow Airport, barred from boarding flight to Allahabad
Akhilesh said authorities stopped him from boarding a flight to Prayagraj (Allahabad) at the Chaudhary Charan Singh International Airport in Lucknow on Tuesday.

Source: TFE

Bharat-22 ETF FFO on 14 Feb; Rs 3,500 crore PSU equity stakes on offer for investors

Posted: 12 Feb 2019 12:05 AM PST

Bharat-22 ETF FFO on 14 Feb; Rs 3,500 crore PSU equity stakes on offer for investors
The proceeds from the ETF sale would help the government move towards meeting the Rs 80,000 crore disinvestment target set for the current fiscal.

Source: TFE

Chennai airport to get a swanky makeover! Major aviation push in Tamil Nadu

Posted: 12 Feb 2019 12:05 AM PST

Chennai airport to get a swanky makeover! Major aviation push in Tamil Nadu
The total cost of the project is estimated at Rs 2,467 crore. After the completion of the project, Chennai International Airport will get a terminal area of 197000 sqm. The peak hour handling capacity will be increased to 6,900 passengers.

Source: TFE

Now, NRIs, PIOs, foreign nationals can transfer shares to relatives; check SEBI’s new norms

Posted: 12 Feb 2019 12:05 AM PST

Now, NRIs, PIOs, foreign nationals can transfer shares to relatives; check SEBI's new norms
In a major move by SEBI, NRIs, PIOs and foreign nationals can easily transfer equity shares to immediate relatives without the need to furnish PAN card.

Source: TFE

ArcelorMittal must wait more for Essar Steel resolution; NCLT defers bankruptcy verdict again

Posted: 12 Feb 2019 12:05 AM PST

ArcelorMittal must wait more for Essar Steel resolution; NCLT defers bankruptcy verdict again
The Ahmedabad branch of the National Company Law Tribunal (NCLT) is now expected to give its verdict on ArcelorMittal's resolution plan for Essar Steel by 19 February

Source: TFE

Muzaffarpur shelter home case: SC holds CBI additional director M Nageswar Rao guilty of contempt, fines him Rs 1 lakh

Posted: 12 Feb 2019 12:05 AM PST

Muzaffarpur shelter home case: SC holds CBI additional director M Nageswar Rao guilty of contempt, fines him Rs 1 lakh
Attorney General K K Venugopal, who argued for Rao, fervently pleaded for leniency, stating that the mistake by Rao "was not willful".

Source: TFE

Your loan interest rate still high after RBI cut? Know how long it takes for monetary policy transmission

Posted: 12 Feb 2019 12:05 AM PST

Your loan interest rate still high after RBI cut? Know how long it takes for monetary policy transmission
RBI Governor Shaktikanta Das also convened a meeting of chief executives of public sector banks to discuss the issue of monetary policy transmission.

Source: TFE

Angel tax: Government is taking stringent action against “bad companies”, says Piyush Goyal

Posted: 12 Feb 2019 12:04 AM PST

Angel tax: Government is taking stringent action against "bad companies", says Piyush Goyal
Honest companies that raise genuine money on premium will not face any kind of action, this I want to assure the country and Parliament, said Goyal.

Source: TFE

Rafale deal: Rahul Gandhi says PM Modi acted as middleman for Anil Ambani, seeks criminal proceedings

Posted: 12 Feb 2019 12:04 AM PST

Rafale deal: Rahul Gandhi says PM Modi acted as middleman for Anil Ambani, seeks criminal proceedings
Rafale deal Congress: Rahul Gandhi on Tuesday said that Prime Minister Narendra Modi acted as Anil Ambani's middleman in Rafale deal.

Source: TFE

Bihar shelter homes case: M Nageswara Rao appears in SC following contempt notice for transfer of probe officer

Posted: 12 Feb 2019 12:04 AM PST

Bihar shelter homes case: M Nageswara Rao appears in SC following contempt notice for transfer of probe officer
M Nageswara Rao on Monday admitted that as interim chief of the CBI he committed a "mistake" in transferring Sharma and apologised to the top court, saying he had no intention to circumvent its orders.

Source: TFE

VVIP chopper case: Court directs in-camera proceedings for accused Rajeev Saxena

Posted: 12 Feb 2019 12:04 AM PST

VVIP chopper case: Court directs in-camera proceedings for accused Rajeev Saxena
Rajeev Saxena is one of the accused named in the chargesheet filed by ED in the case.

Source: TFE

Trump administration wants to ensure Afghanistan is not used as safe heaven for terrorists

Posted: 12 Feb 2019 12:04 AM PST

Trump administration wants to ensure Afghanistan is not used as safe heaven for terrorists
The US is expected to start a second round of talks with Taliban officials on February 25 in Qatar, where they have their political office.

Source: TFE

Gold prices steady as firmer dollar offsets growth concerns

Posted: 12 Feb 2019 12:04 AM PST

Gold prices steady as firmer dollar offsets growth concerns
"Gold is being pushed around by the U.S. dollar in the near term. Traders are getting out of anything to do with Europe on concerns of weakness in the region and going for safe-haven buying into U.S. treasuries, which is pushing up the dollar," said Kyle Rodda, market analyst, IG Markets.

Source: TFE

‘Political vendetta’: BJP sees red as Chhattisgarh govt renames 5 schemes after Indira, Rajiv Gandhi

Posted: 12 Feb 2019 12:04 AM PST

'Political vendetta': BJP sees red as Chhattisgarh govt renames 5 schemes after Indira, Rajiv Gandhi
Former chief minister and senior BJP leader Raman Singh said they would protest against the government's move during the ongoing session of the Chhattisgarh Assembly.

Source: TFE

Where to invest money in 2019 for better returns? Find out

Posted: 12 Feb 2019 12:04 AM PST

Where to invest money in 2019 for better returns? Find out
The Interim Budget 2019-20 has thrown up some interesting investment themes for better returns. Here they go.

Source: TFE

Spicejet offer extended: Grab domestic flight tickets starting at Rs 899; check details

Posted: 12 Feb 2019 12:04 AM PST

Spicejet offer extended: Grab domestic flight tickets starting at Rs 899; check details
Spicejet has extended its previous sale with domestic flights starting at Rs 899, and International flights starting at Rs 3699.

Source: TFE

Amit Shah’s target for party workers: Hoist BJP flag at 5 crore homes by March 2

Posted: 12 Feb 2019 12:04 AM PST

Amit Shah's target for party workers: Hoist BJP flag at 5 crore homes by March 2
"This BJP flag is a symbol of development, belief and nationalism, and shows how appeasement, casteism and family rule is ending in the Modi era," BJP president Amit Shah said, launching the campaign.

Source: TFE

Rafale deal: Anil Ambani visited France weeks ahead of PM Modi’s 2015 trip, met top Defence officials

Posted: 12 Feb 2019 12:04 AM PST

Rafale deal: Anil Ambani visited France weeks ahead of PM Modi's 2015 trip, met top Defence officials
Anil Ambani of Reliance Defence had met top French Defence Ministry officials in March 2015 in Paris, just a fortnight before Prime Minister Narendra Modi's visit to France.

Source: TFE

Oscars 2019: Academy to have four presentations during commercial breaks

Posted: 12 Feb 2019 12:04 AM PST

Oscars 2019: Academy to have four presentations during commercial breaks
Academy president John Bailey informed the membership of the plans in a letter emailed on Monday.

Source: TFE

Facebook’s new feature allows you to see how your personal information is used for targeted ads; here’s how

Posted: 12 Feb 2019 12:04 AM PST

Facebook's new feature allows you to see how your personal information is used for targeted ads; here's how
Now, users will be able to see how Facebook is using their private information and in what capacity. This new feature will be introduced in late February, reports say.

Source: TFE

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