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The UTI Income Plus Arbitrage Active Fund of Fund is an open-ended mutual fund scheme that aims to generate long-term capital appreciation by investing in units of debt-oriented and arbitrage mutual fund schemes. The scheme is launched by UTI Mutual
India’s market regulator is expected to deliberate and potentially approve a proposal to raise the disclosure threshold for foreign portfolio investors (FPIs) from the current ₹25,000 crore to ₹50,000 crore, according to a source familiar with
The market regulator has suggested revising the guidelines governing Employee Stock Option Plans (ESOPs) to ensure that company founders can still benefit from their ESOPs, even if they are classified as promoters when the company prepares to go publ
Gold prices in India have witnessed a slight decline on 21st March 2025, following a strong upward movement over the past few days. Currently, the price of 22K gold is ₹8,270 per gram, while 24K gold is available at ₹9,022 per gram. Cost of Go
The Securities and Exchange Board of India (SEBI) has proposed amendments to ease the norms governing the Offer for Sale (OFS) mechanism. The OFS process allows promoters to sell their holdings in a company through a public issue, facilitating better
Indian Renewable Energy Development Agency (IREDA), a state-owned renewable energy financier, has launched its first-ever perpetual bond to raise ₹1,247 crore. This move initially led to a slight increase in its stock price on March 20; however, th
BMW Industries witnessed a sharp rise of almost 9 in its share price during intra-day trading on Thursday, March 20, following the company’s announcement of a substantial capital expenditure (capex) plan worth ₹800 crore. The multibagger stock,
The Indian rupee surged to nearly a two-month high on Thursday, buoyed by foreign banks selling dollars and the unwinding of bearish bets, supported by seasonal inflows. The currency touched an intraday peak of 86.2075, its highest level since Jan
The stock prices of major cable and wire manufacturers, including KEI Industries, Polycab, and Havells, saw a sharp decline on March 20 following the Adani Group’s announcement of its entry into the sector through a newly formed joint venture, Pran
The Securities and Exchange Board of India (SEBI) announced on Wednesday that it has reduced the minimum investment requirement for Zero Coupon Zero Principal (ZCZP) instruments on the Social Stock Exchange (SSE) from ₹10,000 to ₹1,000. This move
The Federal Reserve decided to keep its benchmark interest rate steady on Wednesday while reaffirming its expectation of two rate cuts later this year, despite persistent inflationary pressures. Alongside its rate decision, the Fed released update
The Angel One Nifty 1D Rate Liquid ETF - Growth is an open-ended ETF that aims to provide current income with low risk and high liquidity. The fund will primarily invest in Tri-Party Repo on Government Securities or T-bills/Repo & Reverse Repo. I
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