27 Nov 2015
Kolkata: The Calcutta High Court today said that it expects the West Bengal government to perform its sovereign duty in facilitating return of money to investors affected by several ponzi schemes as it had done in the case of sufferers in Saradha chit fund scam.
27 Nov 2015
Puducherry: Puducherry Chief Minister N Rangasamy has requested Prime Minister Narendra Modi and Union Home Minister Rajnath Singh to earmark Rs 182.45 crore as emergency relief to the union territory to tackle the flood havoc due to the heavy North East monsoon.
17 Sep 2015
New Delhi: The government today favoured an increase in pension fund EPFO's equity market investment to 15 percent, from 5 percent currently, saying it will help contain volatility in the domestic capital markets.
27 Nov 2015
Mumbai: Closing in on the financial trail in the Sheena Bora murder case, CBI yesterday told a court that former media baron Peter Mukerjea and his wife Indrani allegedly siphoned off funds of Rs 900 crore from their company 9X Media through a layer of nine companies.
06 Sep 2015
New Delhi: Retirement fund body EPFO is likely to increase the maximum amount assured under its Employees' Deposit Linked Insurance Scheme (EDLI) to Rs 5.5 lakh from the existing Rs 3.6 lakh.
20 Nov 2015
Kolkata: Saradha chit fund scam accused and former West Bengal minister Madan Mitra was taken to the Alipore Correctional Home late yesterday after he surrendered before the Additional Chief Judicial Magistrate, in compliance with a Calcutta High Court order cancelling his bail earlier in the day.
17 Nov 2015
New York: Technology giant Microsoft has launched a new fund to invest in companies working on solutions to bring affordable Internet access to under served markets.
23 Nov 2015
New Delhi: Prime Minister Narendra Modi today instructed the release of financial assistance worth Rs. 939.63 crore to assist flood-hit Tamil Nadu.
13 Nov 2015
Singapore: Gold fell for a twelfth session out of thirteen today, trading close to a near six-year low on rising bets that the Federal Reserve would hike U.S. rates next month and as investors pull out of bullion-backed funds.
24 Apr 2015
New Delhi: The government has allowed retirement fund body EPFO to invest 5 percent of its corpus in exchange traded funds which will result in an inflow of around Rs 5,000 crore to stock markets this fiscal.