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WhatsApp Pay: Five things to know

New Delhi, Nov. 6 -- After years of facing legal hurdles, WhatsApp finally made an entry into the payment space last night. It has been allowed to initially offer the service to 20 million customers o... Read More


Sebi enhances foreign investment cap of MFs

New Delhi, Nov. 6 -- The Securities and Exchange Board of India (Sebi) on Thursday doubled the foreign investment limit per fund house to $600 million after several asset management companies asked th... Read More


Sebi requires debt funds to hold 10% of corpus in liquid assets

New Delhi, Nov. 6 -- Market regulator Sebi has come out with a circular requiring open ended debt mutual funds to hold at least 10% of their corpus in liquid assets. Liquid Assets are defined as cash,... Read More


For MFs, Sebi brings in flexi-cap category

New Delhi, Nov. 6 -- The markets regulator has introduced a 'flexi-cap category' for mutual funds (MFs), which will be required to invest at least 65% of the corpus in equity but will have no restrict... Read More


Sebi introduces flexicap category in mutual funds

MUMBAI, Nov. 6 -- Market regulator Sebi has introduced a 'flexicap category' in mutual funds. Schemes in this category are required to invest at least 65% of their corpus in equity. However, there is ... Read More


Sebi restores pre-covid cut-off time for mutual fund transactions

New Delhi, Nov. 6 -- The Securities and Exchange Board of India (Sebi) has restored the pre-covid cut-off timings of mutual funds, effective 9 November. The regulator has sent a letter to industry bod... Read More


Regulator enhances mutual funds' foreign investment cap

mumbai, Nov. 6 -- The Securities and Exchange Board of India (Sebi) on Thursday doubled the foreign investment limit per fund house to $600 million after several asset management companies asked the r... Read More


How contactless ordering works in restaurants

New Delhi, Nov. 6 -- The quintessential restaurant experience in India has changed in the time of covid-19. Many restaurants, particularly expensive ones have contactless ordering in place when you si... Read More


Inflation eats into returns of debt funds

NEW DELHI, Nov. 6 -- India's debt mutual funds at the very short end have been unable to beat inflation since the start of financial year 2020-21. In longer-dated categories such as corporate bond, ba... Read More


Mirae's Emerging Bluechip Fund caps SIPs at Rs 2,500

New Delhi, Nov. 5 -- Mirae Asset MF has sharply lowered its cap on fresh SIPs from Rs.25,000 to Rs.2,500 in its flagship Emerging Equities Fund with effect from 7 November. Existing SIPs will not be a... Read More