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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 …
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 …
India’s crude oil production fell 2.67% in the year ended March 31 as the state-owned ONGC produced less than target, but natural gas production rose on the back of KG production per part of Reliance-BP. According to official data released by the Ministry of Petroleum. India’s crude oil production has declined in recent years. From …
A quarter of India’s power generation capacity has been shut down, mainly due to fuel shortages. At a time when Idia’s electricity demand is growing at its fastest rate in decades, almost a quarter of all installed thermal, nuclear and hydroelectric capacity is being shut down. According to the monitoring report of the Central Electricity …
As the country recovers from the pandemic, the retail sector has resumed its growth trajectory and is projected to grow 10% annually and reach about $2 trillion by 2032, according to a report. According to a BCG-RAI report titled “Running Towards the Next Wave of Retail in India”, some segments of the industry, such as …
India has urged its states to increase coal imports over the next three years to build up supplies and meet demand, four sources told Reuters, a move that should benefit world fuel prices already high due to the war. in Ukraine. The decision to increase imports underscores the severity of India’s fuel crisis, as coal …
The Finance Department said on Wednesday that the center has already released eight months of GST allocation to states for the fiscal year ending March 2022 and that there are Rs 78,704 crore outstanding due to insufficient funds in the fund. In a statement, the ministry said that normally GST compensation is released for 10 …
Indonesia, the world’s largest exporter of cooking oils, will expand its export ban to include crude palm oil, adding to uncertainty in a market that has seen skyrocketing price volatility and threatens to worsen global inflation. food. The ban will extend to crude palm oil, RBD palm oil, and used cooking oil, Coordinating Minister for …