Business Archives - Page 4 of 29

30 Mar

Top 5 Gold ETFs: Converted Rs 1,25,000 one-time investment into Rs 3,81,354 in 10 Years

MFNews0 CommentsBrands, Breaking News, Business, Mutual Funds

#Top5GoldETF Mumbai: Golf ETFs are tradable mutual funds in a stock exchange. Investors who don't want to invest in physical gold directly but want to benefit from its price appreciation may invest in gold ETFs. These ETFs represent 99.5 per cent pure physical gold bars. One gold ETF unit is equal to 1 gramme of gold. Unlike physical gold, there are no making charges on gold ETFs, plus their price is the same everywhere. Since these are traded on a stock exchange, an investor needs a demat amount to invest in them. Since they track the price of pure gold, they…

30 Mar

Approx. 31 lakh defence pensioners, of the total 32 lakh, onboarded on SPARSH portal

MFNews0 CommentsBusiness, Opinions, Technology

#defencepensionersSPARSH Over 200 DAD offices, 16 Bank branches and nearly five lakh CSCs operational to help pensioners New Delhi: Of the total 32 lakh defence pensioners, approx. 31 lakh have been onboarded on System for Pension Administration - Raksha (SPARSH) and their pensions are being directly credited into their bank accounts. Launched in October 2020, SPARSH is a ‘Digital India’ initiative that aims to provide a comprehensive, transparent, and efficient solution for managing defence pensions, including sanctioning and disbursing pensions to the Armed Forces personnel and Defence civilians living across the country. In order to help veterans and their families,…

30 Mar

MDI Gurgaon Celebrates Convocation 2025; Announces New Centre to Drive Financial Research

MFNews0 CommentsBusiness, Opinions, Technology

#MDIGurgaonFinancialResearch Gurgaon: The Management Development Institute (MDI Gurgaon) held its Annual Convocation 2025 on March 29, 2025, making it a day to remember. It was a vibrant celebration of student achievements, institutional ambition, and the promise of future leadership. In a moment that underscored MDI Gurgaon’s growing national and global relevance, the event also saw the formal unveiling of the Centre for Financial Services in India, a pioneering initiative to shape the future of the country’s financial ecosystem. This year, 689 students graduated across the programmes including PGDM, PGDM-Human Resource Management, PGDM-International Business, PGDM-Business Analytics, PGDM-Online, PGDM-Business Management, PGDM-Business Administration, Fellow Programme in Management and…

30 Mar

April 1: New mutual fund rules, Stricter NFO timelines, SIF launch

MFNews0 CommentsBreaking News, Business, Mutual Funds, Shares, Technology

#MutualFundsNFOSIF01April Mumbai: The Securities and Exchange Board of India (SEBI) has introduced a series of new regulations effective from April 1, 2025. These changes impact fund deployment timelines, introduce a new investment product category called Specialised Investment Fund (SIF), and enable DigiLocker integration for investment statements. Stricter Timelines for NFOsSEBI now requires AMCs to deploy funds raised through NFOs within 30 business days of unit allotment. If deployment is delayed, a one-time extension of another 30 business days is allowed with Investment Committee approval. Failure to deploy funds within 60 business days will result in a halt on fresh inflows,…

29 Mar

Rs 2,00,000 crore worth unclaimed assets in India include equity shares, FD, bonds etc.

MFNews0 CommentsBreaking News, Business, Insurance, Mutual Funds, Opinions, Shares, Technology

Now Nominees Can Now Access Stocks And Mutual Funds Of Deceased Investors Via DigiLocker From April 1 Mumbai: According to media reports, there are Rs 2,00,000 crore worth unclaimed assets in India. These include equity shares, fixed deposits, bonds and other instruments. In most of the situations, where no body claims, the money flows into an investor protection fund. In another major move, the government has introduced a significant benefit for the nominees of deceased investors, allowing them to access the mutual funds and stocks of the deceased. Starting April 1, registered nominees will be able to retrieve information and…

29 Mar

Indian Railways Holds about 4.90 Lakh Hectares of Land as of March 2024

MFNews0 CommentsBreaking News, Business, Opinions, Shares, Technology, Travel

#IndianRailways4.90LakhHectaresLand Surplus Railway Land Leased for Commercial Development While Retaining Ownership New Delhi: As on 31.03.2024, the total land in possession of Indian Railways is about 4.90 lakh hectares out of which 8812 Ha land has been leased for various purposes. This includes railway land leased/licensed for passenger facilities, cargo related facilities, commercial development, etc. Zone-wise details of total railway land, total leased land are as under: (Figures in hectares) Zonal Railway Total railway Land Total railway land leased/licensed Central 31,476 168 Eastern 21,082 469 East Central 33,644 2,437 East Coast 23,010 273 Northern 46,447 474 North Central 21,149 220…

29 Mar

India-U.S. Agreed to Expand Bilateral Trade to Reach $ 500 Billion by 2030

MFNews0 CommentsBreaking News, Business, Opinions

#IndiaUSTrade$500Billion2030 India-U.S. Trade Talks in New Delhi Concludes New Delhi: As a follow up to the India-U.S. Joint Statement of 13 February 2025, wherein the two sides agreed to expand bilateral trade to reach $ 500 Billion by 2030, including through the conclusion of a Bilateral Trade Agreement, representatives of India’s Department of Commerce and the Office of the U.S. Trade Representative convened in New Delhi from 26-29 March 2025. In order to realize the shared objective of promoting growth that ensures fairness, national security and job creation, both sides have through four-days of discussions in New Delhi broadly come…

29 Mar

Godrej Strengthens Mumbai’s Infrastructure with Sustainable Solutions for the Versova-Bandra Sea Link

MFNews0 CommentsBusiness, Opinions, Technology, Travel

Chandigarh: The Construction business of Godrej Enterprises Group is playing a key role in strengthening Mumbai's intra-city transportation network, by manufacturing and supplying over 3,500 precast concrete sacrificial slabs for the Temporary Access Bridge (TAB) and 500 precast concrete tub components for sacrificial formwork. Each precast concrete sacrificial slab is designed to meet the high standards of strength and durability. This project reflects Godrej’s trusted expertise in delivering solutions for large-scale infrastructure that are innovative, and also sustainable. By integrating eco-friendly practices into core engineering processes, Godrej continues to help shape India’s urban future with sustainable choices that balance progress…

29 Mar

BOB with PM-Vidyalaxmi Scheme to provide financial support to meritorious students

MFNews0 CommentsBusiness, Opinions, Technology

#BOBPMVidyalaxmi Chandigarh: Bank of Baroda (Bank), one of India’s leading public sector banks, today announced that it has gone live with the new Pradhan Mantri Vidyalaxmi (PM-Vidyalaxmi) Scheme to provide financial support to meritorious students. The PM-Vidyalaxmi Scheme is an initiative by the Government of India for students seeking financial assistance to pursue higher education and to ensure that financial constraints do not deprive the youth of India from pursuing quality higher education. Applicants can digitally apply for an education loan under the PM-Vidyalaxmi Scheme from Bank of Baroda through the PM-Vidyalaxmi portal. The Bank has 12 dedicated Education Loan…

29 Mar

Anil Agarwal joins the Ghibli Trend: A Nod to Innovation and Culture

MFNews0 CommentsBusiness, Entertainment, Opinions, Shares, Technology

#AnilAgarwalGhibliTrend Chandigarh: Anil Agarwal, Chairman of Vedanta Ltd., has joined the viral Ghibli AI trend, standing alongside global visionaries like Elon Musk, Sam Altman, and Assam’s Hon’ble Chief Minister, Himanta Biswa Sarma. With this, he brings an Indian business powerhouse into the digital conversation. Vedanta has long embraced a forward-thinking, digital-first approach, integrating technology, innovation, and automation to enhance efficiency and drive operational excellence. Now, engaging with this AI-driven trend, Agarwal shared his experience, saying, "Today the youngsters in my office were trying a new feature on ChatGPT jisse Ghibli-style art banta hai. So, I asked them to make one…