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New limits for international mutual funds based on redemption - (A)

As of February 1, 2022, international investment funds will be able to reinvest in shares of companies listed abroad to the extent of the redemptions and therefore sales of foreign shares that have suffered these systems. These foreign investment limits came into effect on February 1, 2022, and since the limits were not raised, most …

Eyeing for an international scholarship - This how you can maximize your chances - (A)

For talented students in India, various scholarship packages are available in undergraduate, postgraduate, and master’s programs at foreign universities. This allows students to access amazing educational opportunities. However, the competition for these scholarships is fierce and you must start the process at least a year in advance to qualify. Scholarships can be 100% or even …

As demand for credit rises in India, banks may soon be rushing to get deposits - (A)

Credit growth in India hit a three-year high and is expected to rise further as economic activity gains traction, but much slower deposit growth could prompt banks to seek funding and raise interest rates. deposit quickly, analysts and bankers said. Deposit growth has taken a hit as high inflation led to lower savings and depositors …

Centre's budget deficit at Rs. 3.52 lakh crore for April-June, 21% of FY23 target - (A)

The central government budget deficit stood at Rs 3.52 lakh crore from April to June, 21.2 percent of the full-year target, according to data released by the Comptroller General on July 29. The budget deficit in the first three months of FY22 was Rs 2.74 crore. This means that the budget deficit for the first …

5 myths about money that women should bury - (A)

“Kids and family should be my priority, not my personal investments. … “Women are not good with numbers” … “Investments and taxes are too complicated for women to understand” … You would hear people, including some women, repeat those lines over the years. This is despite the fact that women carefully follow their financial plans …

HDFC Investment Fund applies for India's first defense-oriented investment fund - (A)

HDFC Mutual Fund, the third largest asset manager in the country, has submitted a defense fund application which will be the first such fund in the mutual fund industry at Rs 37 lakh crore. The HDFC Defense Fund will be a sectoral fund that will invest in companies involved in the defense sector. HDFC Mutual …

What should investors do when mutual funds merge term plans with debt funds-(A)

Earlier this month, HDFC Mutual Fund, the nation’s third-largest mutual fund company, announced the merger of six of its Fixed Maturity Plans (FMPs) into the HDFC Corporate Bond Fund. Elsewhere, and also in March, Aditya Birla Sun Life Mutual Fund announced the merger of 17 of its own MPFs into its short duration fund and …

Cannabis Day - India needs political reforms to spark a cannabis wellness revolution-(A)

April 20 marks Cannabis Day, an international celebration of the potential of medical cannabis and cannabis culture in general. It is a day when people from all over the world come together to advocate for the liberalization and legalization of cannabis. Over time, this day has become a remarkable occasion for cannabis enthusiasts to come …

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