Chidambaram to attend G20 meet in Moscow
New Delhi: Finance minister P Chidambaram will be leaving for Moscow later in the week to attend the two-day G20 meeting of the finance ministers and central bank governors beginning July 19, which will also be attended by RBI Governor D Subbarao and Deputy Governor Urjit Patel.
IRDA lets insurers earn extra on equities
New Delhi: Giving more freedom to insurers in securities market operations, regulator IRDA has allowed them to lend up to 10 per cent of their equity holdings to earn extra yield on their portfolios.
MF accounts decline by 10 lakh in Apr-Jun
New Delhi: Mutual funds lost 10 lakh investors, measured in terms of individual accounts in April-June mainly due to profit booking and various merger schemes, Sebi data showed.