Mutual Funds: TER cut - Larger equity MF schemes to take big hit

Mutual Funds: TER cut - Larger equity MF schemes to take big hit

Equity MF schemes with AUM above Rs 20 billion will have to reduce their TER by 15-70bps

Pradhan Mantri Jan Arogya Yojana (PMJAY): Meet Jaibunnisa of Haryana, first beneficiary of mega healthcare scheme in Mewat
Pradhan Mantri Jan Arogya Yojana (PMJAY): Meet Jaibunnisa of Haryana, first beneficiary of mega healthcare scheme in Mewat

Pradhan Mantri Jan Arogya Yojana (PMJAY): The reimbursement of cost for Jaibunnisa's treatment will be provided. The estimated expenses for medicine and bed charges is Rs 1,800 per day.

Power sector: Stressed assets - Small lenders to submit report by Oct 10
Power sector: Stressed assets - Small lenders to submit report by Oct 10

Small lenders to stressed power generation assets have been asked to furnish their resolution plans before October 10 to a group of bankers which met on Thursday to discuss the issue.

Challenging times: JLR woes - Fitch revises outlook on Tata Motors
Challenging times: JLR woes - Fitch revises outlook on Tata Motors

It said that free cash flow fell significantly in FY18 to negative 4.2% and will further decrease to around negative 6% in FY19.

Fundraising: SBI raises $650 million via green bonds
Fundraising: SBI raises $650 million via green bonds

State Bank of India (SBI) on Wednesday raised $650 million through an issuance of green bonds.

Oct-Dec quarter: Government raises small savings rates by 40 bps
Oct-Dec quarter: Government raises small savings rates by 40 bps

The government on Thursday raised by up to 40 bps interest rates on various small savings schemes for the three months through December, compared with the September quarter, mirroring rising interest rates in bank deposits.

States like UP, Tamil Nadu moved on special courts to hear cases against lawmakers facing criminal charges long after deadline lapsed
States like UP, Tamil Nadu moved on special courts to hear cases against lawmakers facing criminal charges long after deadline lapsed

As per data that the Centre has submitted to the Supreme Court, only 6% of the criminal cases filed against MLAs and MPs in which the verdict has been reached ended in convictions.

AUTOMOBILES

Troubled by rising fuel prices? Here are top CNG powered cars under Rs 6 lakh
Troubled by rising fuel prices? Here are top CNG powered cars under Rs 6 lakh

India has the ambition to go all-electric by 2032, but even so, we are years away from making electric cars a norm in the country. And on top of that, fuel prices are skyrocketing, so a viable solution to cheaper & cleaner alternative is CNG.

Horoscope: By Peter Vidal

Today ( 21 Sep )This Week ( 16 Sep - 22 Sep )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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