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Market regulator Sebi has put forward proposals to widen the investment possibilities for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in liquid mutual fund schemes on Thursday.Currently, these trusts can only invest in liquid funds with the highest credit risk rating, limiting their options.These measures are part of Sebi’s push to make…
Market regulator Sebi has put forward proposals to widen the investment possibilities for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in liquid mutual fund schemes on Thursday.Currently, these trusts can only invest in liquid funds with the highest credit risk rating, limiting their options.These measures are part of Sebi’s push to make…
Gautam Gambhir and Sitanshu Kotak during a visit to Siddhivinayak Temple. (PTI) India head coach Gautam Gambhir paid a visit to the Shree Siddhivinayak Temple on Thursday, offering prayers to Lord Ganesha ahead of the team’s home T20 World Cup campaign. He was joined by batting coach Sitanshu Hargovindbhai Kotak during the visit. The defending…
NEW DELHI: Supreme Court on Wednesday flagged the substantial haircuts taken by creditors in proceedings under Insolvency and Bankruptcy Code (IBC) after being told how the bankrupt Reliance Communications of Anil Ambani group was bought at a throwaway price by Mukesh Ambani’s Reliance Jio.Solicitor general Tushar Mehta said, “Apropos the SC’s concern, govt of India…
File photo: Congress president Mallikarjun Kharge (Picture credit: ANI) NEW DELHI: Congress president Mallikarjun Kharge on Wednesday raised questions over the way the India–US trade deal was announced, saying the government had failed to take Parliament and the public into confidence despite the House being in session.In a post on X, Kharge said India and…
Elon Musk’s SpaceX is reportedly planning to harness solar power for AI data centres floating above Earth, which seems like science fiction, yet the company filed a proposal with the Federal Communications Commission (FCC), signalling serious intent.As reported by Reuters, just days after reports surfaced of a potential merger between Musk’s xAI and SpaceX, the…
JAMMU: Jailed Baramulla MP Engineer Rashid’s Awami Itihaad Party (AIP) said Sunday it had submitted an assembly resolution seeking citizenship and legal status for former militants’ wives and children who came from Pakistan-occupied Kashmir (PoK) under a 2010 rehabilitation policy. The J&K assembly’s budget session begins on Monday.Langate Shiekh Khursheed, AIP MLA and Rashid’s brother,…
Mumbai: A day before the Union Budget, State Bank of India chairman CS Setty has sought a level playing field for tax treatment of all financial products, including fixed deposits. The chairman’s comment came in the wake of bank deposits continuing to lag credit growth as retail savings continue to pour into mutual funds.Responding to…
Elon Musk is reportedly planning to take his space company, SpaceX, public during a rare celestial alignment, purportedly seeking an ‘auspicious’ start for what is rumoured to be the largest Initial Public Offering (IPO) in financial history. Citing five people familiar with the matter, the Financial Times reported that the billionaire is targeting mid-June 2026…
India’s corporate sector continues to show confidence in the economy even amid global challenges, as reflected in the Pre-Budget Survey 2026-27 released by the Federation of Indian Chambers of Commerce and Industry (FICCI).The survey indicates that close to 80 per cent of participants remain positive about the country’s growth outlook, with nearly half projecting economic…
