The government increased the permissible FDI limit from 26 per cent in 2014 to 49 per cent in 2015 and then to 74 per cent in 2021
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Manufacturing-themed mutual fund schemes invest predominately in equity stocks of companies that are engaged in manufacturing in India
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This initiative emerges amidst heightened attention towards the deeptech startup ecosystem, notably with Finance Minister Nirmala Sitharaman unveiling a Rs 1 lakh crore corpus to support startups, alongside a new scheme for deeptech innovation in the defense sector
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The revised proposal from Fairfax was communicated to government officials approximately two weeks ago
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Holders of these bonds, called junior subordinated debt, are among the last to be paid in case of a default and companies can defer interest payments
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CSITE assists the RBI in evaluating banks' capabilities, encompassing disaster management readiness, internet and mobile banking platforms and fraud detection efficiency
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Key Person Insurance mitigates financial risks by providing support, ensuring resources are available to navigate the loss, and safeguarding long-term stability, experts say
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NPS Contribution for 24,000 LIC Employees Increased to 14 per cent
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