Capital market regulator SEBI has allowed stock brokers and clearing members to park client funds in mutual fund overnight schemes as they invest only in risk-free government securities Brokers and clearing members should ensure that the overnight schemes invest only in government bond, overnight repo markets and overnight Tri-party Repo Dealing and Settlement (TREPS). Such Mutual Fund Overnight Schemes (MFOS) units should be in dematerialised (demat) form and must necessarily be pledged with a clearing corporation at all times.
What was the corporate tax share of India's net direct tax collections by July 11, 2024?
At the Asian Youth Archery Championship 2024, which Indian archer won the silver medal in the recurve category?
The Ministry of Heavy Industries launched the PM E-DRIVE Scheme with the goal of accelerating electric vehicle (EV) adoption in India. Which of the foll...
A startup known as SwiffyLabs a business-to-business (B2B) fintech company has been launched,backed by Jio Platforms is to help financial institutions l...
Adani Total Gas Ltd has launched India’s largest hydrogen blending project for cooking purposes. In which city is this pilot project being conducted, ...
Which private sector bank has launched foreign outward remittance service through mobile banking, after this Non-resident external and resident savings ...
ONDC, the government-backed open e-commerce network, has revamped its incentive scheme for buyers and sellers, changing its strategy of using discounts ...
What percentage stake did Zurich Insurance acquire in Kotak Mahindra General Insurance Company?
The Atal Pension Yojana (APY) is a contribution-based pension scheme. Which of the following statements incorrectly describes the tax benefits associate...
Recently Karnataka Bank has opened Analytical Centre of Excellence (ACoE) at which place which will help in accelerated incubation of artificial intelli...
