These 7 mutual funds held over Rs 5,000 crore cash in March – ​Cash Pile

These 7 mutual funds held over Rs 5,000 crore cash in March – ​Cash Pile

Apr 16, 2024, 06:25:52 PM IST At the end of March, the total cash holding of all equity-based mutual funds stood at Rs 1.33 lakh crore, at 4.71%. Here is the list of seven mutual funds who were sitting on over Rs 5,000 crore cash pile, according to data by ACE MF. iStock The largest … Read more

Officials need to use their “common sense” during seizure of cash from pilgrims and travellers: CEO

Officials need to use their “common sense” during seizure of cash from pilgrims and travellers: CEO

After the issue of tourists and pilgrims being stopped and their cash being confiscated by election officials was reported in Tamil Nadu and other States, several such instances have come to light in Karnataka too. Seizure of cash from travellers on Bengaluru-Mysuru highway has been reported. “After the Tamil Nadu incident, the Election Commission issued … Read more

Mobile wallet usage in India to grow at 18.3%, touch $6.4 trillion in 2028

Mobile wallet usage in India to grow at 18.3%, touch $6.4 trillion in 2028

Mobile wallets are gradually gaining popularity in India and it is projected that the digital payment mode will cross traditional methods like cash and cards in the coming years. GlobalData, a leading data and analytics company, in its report, said mobile wallets and their usage is expected to grow at a compound annual growth rate … Read more

Naveen Patnaik govt. announces cash incentive for 70 lakh SHG members

Naveen Patnaik govt. announces cash incentive for 70 lakh SHG members

Naveen Patnaik. File. | Photo Credit: ANI With the model code of conduct expected to be in force anytime due to the upcoming polls, the Naveen Patnaik government in Odisha has stepped up earmarking cash incentives across different sectors. Approximately 70 lakh self-help group members, regarded a significant support base for the ruling Biju Janata … Read more

AI-run device detects 200 faces, scans cash for blind people – ET HealthWorld

AI-run device detects 200 faces, scans cash for blind people – ET HealthWorld

Panaji: People with vision problems need an empathetic companion to call out obstacles, a trustworthy aide to count cash, and a reliable friend to recognise faces — an AI-powered wearable device rolls all that help into a two-piece set. The device, which does not need the internet, was launched at the International Purple Fest in … Read more

Dealing with parents’ debt: I’m a 30-year-old married woman. Can I get a personal loan without my husband’s knowledge?

Dealing with parents’ debt: I’m a 30-year-old married woman. Can I get a personal loan without my husband’s knowledge?

I am a 30-year-old married woman with two daughters, and I earn Rs 90,000 per month. I give my parents around Rs 20,000 to Rs 25,000 for their monthly expenses. My parents have a debt of around Rs 12 lakh and an income source of Rs 10 000 per month. Now it’s my responsibility to … Read more

Drugs, cash, liquor worth over ₹1,760 crore seized in five poll-going states: EC

Drugs, cash, liquor worth over ₹1,760 crore seized in five poll-going states: EC

The Election Commission said over ₹1,760 crore worth of freebies, drugs, cash, liquor and precious metals have been seized so far aimed at inducing voters in the five poll-going states. | Photo Credit: MOORTHY RV The Election Commission on Monday said over ₹1,760 crore worth of freebies, drugs, cash, liquor and precious metals aimed at … Read more

Multiple weapons, drugs and cash seized from Myanmar-based militant group CKLA, says Manipur CM

Multiple weapons, drugs and cash seized from Myanmar-based militant group CKLA, says Manipur CM

Photo: Twitter/@NBirenSingh In a major breakthrough, Manipur Police, in a joint operation with the central armed forces personnel, seized multiple weapons, ammunition, drugs and cash from Myanmar-based militant group CKLA, Chief Minister N. Biren Singh said on Monday. Taking to his official handle on social media platform X, formerly Twitter, CM Biren Singh posted, “The … Read more

ETF traders pouring cash into EM’s non-China growth engines

ETF traders pouring cash into EM’s non-China growth engines

Traders in the $325 billion industry for emerging-market exchange-traded funds are shifting cash toward strategies that focus on brighter spots in the developing world as China’s economy stumbles. Actively managed ETFs – especially those with exposure to India’s world-beating growth and Latin American stocks – have lured nearly half a billion dollars over the past … Read more