Blog - Page 34 of 41

03 Mar

‘Axis NIFTY AAA Bond Financial Services – Mar 2028 Index Fund’ Invest in AAA-rated portfolio’s

MFNewsBreaking News, Business, Mutual Funds

An open-ended Target Maturity Index Fund investing in constituents of Nifty AAA Financial Services Bond Mar 2028 Index. A moderate interest rate risk and relatively low credit risk.   Chandigarh: Axis Mutual Fund, one among the fastest growing fund houses in India, announced the launch of their New Fund Offer – AXIS Nifty AAA Bond Financial Services – Mar 2028 Index Fund. It is an open-ended target maturity index fund investing in constituents of Nifty AAA Financial Services Bond Mar 2028 Index, a moderate interest rate risk and a relatively low credit risk. Managed by Hardik Shah (Fund Manager), the…

03 Mar

IKEA Announces Entry into North India with the launch of online deliveries

MFNewsBrands, Breaking News, Business, Technology

Customers from these markets will be able to seamlessly explore and shop its range of 7000+ products and solutions through the IKEA app Chandigarh: IKEA, the world’s most loved 82-year-old Swedish home furnishings retailer, announces entry into its much-anticipated market, North India with the start of online delivery across Delhi-NCR and 9 satellite cities including Agra, Prayagraj (Allahabad), Amritsar, Chandigarh, Jaipur, Kanpur, Lucknow, Ludhiana, and Varanasi. Starting March 1, customers from these markets will be able to seamlessly explore and shop its range of 7000+ products and solutions through the IKEA app, www.ikea.in website, and using its shop by phone…

03 Mar

CYBER CRIME: MASTERMIND ARRESTED BEHIND FAKE WEBSITE OF MINING DEPARTMENT

MFNewsBreaking News, Business, Technology

ACCUSED CREATED FAKE WEBSITE TO GENERATE FORGED MINING RECEIPTS, CAUSING HUGE LOSS TO STATE EXCHEQUER CHANDIGARH: Amidst the ongoing crackdown against cybercrime as per directions of Chief Minister Bhagwant Singh Mann, Punjab Police’s State Cyber Crime Division has arrested the prime accused running a fake website impersonating the official website of the Punjab Government’s Mining Department to generate counterfeit receipts and forms, facilitating the movement of vehicles involved in illegal mining, said Director General of Police (DGP) Punjab Gaurav Yadav here on Monday. The accused, identified as Gaurav Kumar of Kharar in SAS Nagar, has created the exact replica of the…

03 Mar

Collective efforts have ensured that the population of Asiatic Lions is rising steadily: PM

MFNewsTravel

Equally commendable is the role of tribal communities and women from surrounding areas in preserving the habitat of the Asiatic Lion: PM Gir, Gujarat: The Prime Minister Shri Narendra Modi today went on a safari in Gir, well known as home to the majestic Asiatic Lion. In separate posts on X, he wrote: “This morning, on #WorldWildlifeDay, I went on a Safari in Gir, which, as we all know, is home to the majestic Asiatic Lion. Coming to Gir also brings back many memories of the work we collectively did when I was serving as Gujarat CM. In the last many…

03 Mar

SUCCESSFUL IMPLEMENTATION OF DIRECT PAYOUT SETTLEMENT FOR SECURITIES

MFNewsBreaking News, Business, Shares, Technology

The mechanism strengthens market integrity and operational efficiency Mumbai: The Market Infrastructure Institutions (MIIs), comprising Exchanges, Clearing Corporations and Depositories, have successfully implemented the Direct Payout Settlement mechanism for securities on February 25, 2025, under the guidance of Securities and Exchange Board of India (SEBI). This initiative enhances efficiency, transparency, and investor protection, ensuring seamless direct credit of securities to clients’ demat accounts. The mechanism strengthens market integrity and operational efficiency. National Stock Exchange of India (NSE) was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest…

03 Mar

SEBI would be initiating appropriate legal steps to challenge the Order of ACB Court

MFNewsBreaking News, Business, Opinions, Shares

Order in respect of allegations pertaining to the listing of a Company Mumbai: A Miscellaneous Application was filed before the ACB Court, Mumbai against the former Chairperson of SEBI, three current Whole Time Members of SEBI and two officials of the BSE. The application sought directions for the Police to register an FIR and investigate into the alleged irregularities in granting listing permission to a Company on the Bombay Stock Exchange in 1994, without complying with the provisions of the SEBI Act, 1992, SEBI (ICDR) Regulations, 2018, and the SEBI (LODR) Regulations, 2015. Even though these officials were not holding…

01 Mar

AMFI Summit 2025: Domestic investors will shape India’s future, not Foreign Institutional Investors

MFNewsBreaking News, Business, Mutual Funds, Opinions

Union Minister of Commerce & Industry Shri Piyush Goyal emphasises mutual funds industry's role in India's growth at AMFI Summit 2025 Shri Goyal urges industry to safeguard small investors and minimise market volatility Mumbai: The mutual funds industry has played a pivotal role in India’s growth story by encouraging financial literacy and taking innovative financial ideas to the industry and the investors. This was stated by Union Minister of Commerce & Industry Shri Piyush Goyal during his address as a Chief Guest at the Association of Mutual Funds in India (AMFI) Mutual Fund Summit 2025 today in Mumbai. The Minister…

01 Mar

₹2000 banknotes: ₹6,471 crore worth notes still in market, 98.18% back to RBI

MFNewsBreaking News, Business, Opinions

New Delhi: The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹6,471 crore at the close of business on February 28, 2025. Thus, 98.18% of the ₹2000 banknotes in circulation as on May 19, 2023, has since been returned. The ₹2000 banknotes continue to be legal tender. The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation May 19, 2023. The status of withdrawal of ₹2000 banknotes is periodically published by…

01 Mar

बाजार में गिरावट के दौरान म्यूचुअल फंड लॉन्गटर्म में फायदेमंद

MFNewsBreaking News, Business, Mutual Funds, Opinions

बाजार की गिरावट और उसमें रिकवरी के समय का अंदाज न लगाए, एसआईपी जारी रखें मुंबई: बीते पांच सालों में भारतीय म्यूचुअल फंड सेक्टर जितनी तेजी से बढ़ा है, उतना बीते 30 सालों में नहीं बढ़ा था। हालांकि मौजूदा गिरावट के चलते इस समय म्यूचुअल फंड्स में निवेश करने वाले नए निवेशक डरे हुए हैं और बीते साल में शुरुआत करने वाले निवेश किया गया पैसा रिटर्न की बजाए घट जाने से घबराए हुए हैं। ऐसे में ये बात ध्यान में रखें कि दशकों से म्यूचुअल फंड्स में एसआईपी या अन्य माध्यम से निवेश करने वालों ने इस गिरावट में…

01 Mar

Safe Investment: External Reasons and Domestic Fall

MFNewsBreaking News, Business, Shares

Downfall in Indian Stocks and Mutual Funds, wealth of Indian retail investors badly hits Lavanya Singla Chandigarh: The Indian share market has witnessed a significant downfall in recent times, driven by a combination of domestic and global factors. This decline has led to considerable volatility, affecting investor sentiment and economic outlook. One of the primary reasons behind this downturn is global economic uncertainty. Rising inflation across major economies, aggressive interest rate hikes by central banks like the US Federal Reserve, and fears of a global recession have created a ripple effect on emerging markets like India. As foreign institutional investors…