Thematic funds, multicap, flexicap can be top focus for August: Baroda BNP Paribas Mutual Fund

Thematic funds, multicap, flexicap can be top focus for August: Baroda BNP Paribas Mutual Fund

Equity mutual funds, which are investment vehicles that combine funds from numerous investors for investing in stocks, demonstrated strong performance in July. During this time frame, these funds generated returns of around 11%, showcasing their potential for attractive financial gains. As of July, the market offered a varied selection of 615 equity and equity-oriented mutual … Read more

Union Budget: How Budget 2024 proposals will shape the future of Real Estate sector

Union Budget: How Budget 2024 proposals will shape the future of Real Estate sector

The Finance Minister’s recent budget declaration marks a significant turning point for the Indian real estate sector, particularly in addressing the housing needs of 1 crore urban poor and middle-class families. With an unprecedented investment of Rs 10 lakh crore, this budget is set to dramatically enhance urban housing infrastructure, making affordable housing a reality … Read more

Centre asks banks to look at higher rejection rate of PMEGP applications

Centre asks banks to look at higher rejection rate of PMEGP applications

Banks in Tamil Nadu have been asked to look at the issue of high rate of rejection of applications under the Prime Minister’s Employment Generation Programme (PMEGP), a Central sector scheme aimed at creation of jobs through establishment of micro enterprises in rural as well as urban areas. The Department of Financial Services (DFS), under … Read more

PM Modi launches ‘Rozgar Mela’, issues appointment letters to 75,000 new appointees 

PM Modi launches ‘Rozgar Mela’, issues appointment letters to 75,000 new appointees 

Launching the drive to recruit 10 lakh personnel in government and PSUs, PM Modi says his govt. is taking new initiatives, risks to shield India from global problem. Launching the drive to recruit 10 lakh personnel in government and PSUs, PM Modi says his govt. is taking new initiatives, risks to shield India from global … Read more

Formal job creation in India jumped by 37.9% in November 2021: EPFO data

Formal job creation in India jumped by 37.9% in November 2021: EPFO data

Formal job creation in India jumped by 37.9% in November 2021 with 1.39 million net new subscribers added to the Employees Provident Fund Organization compared to 1.01 million added in November 2020, shows the provisional payroll data released on Thursday. Month-on-month, EPFO registered a growth of 25.6% in November or 0.28 lakh more subscribers added … Read more

Total number of employed could breach pre-Covid levels in October: CMIE

Total number of employed could breach pre-Covid levels in October: CMIE

Total number of employed in India could breach the pre-Covid levels in October as consolidation in employment rates in the month so far could lead to marginal expansion in overall employment creation this month, forecast the Centre for Monitoring Indian Economy. India added 8.5 million jobs in September taking the total number of employed to … Read more

Bihar: Job creation emerged as top most priority for the new government

Bihar: Job creation emerged as top most priority for the new government

NEW DELHI: Job creation has emerged as the top most priority for the new government in Bihar after a closely contested election in which the opposition focused on the debilitating lack of employment opportunities in the state. Government departments in Bihar are preparing a list of vacancies and contractual jobs, following a letter sent by … Read more