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UTI Mutual Fund launches UTI Quant Fund

Kolkata, January5, 2025: UTI Mutual Fund (UTI) has announced the launch of the UTI Quant Fund, an active equity fund that combines predictive modelling with UTI’s extensive investment research expertise & investment process. The fund aims to consistently generate alpha over the broad index by dynamically adapting to market conditions and managing volatility. The NFO…

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US remains top country for India for engineering goods exports growth

Kolkata, January 5, 2025: Driven by exceptionally high growth in exports of aircraft, spacecraft and parts and ships, boats and floating structures, Indian engineering exports continued its growth run for the 7th straight month to November 2024, according to EEPC India. Other than these two product groups, exports of iron and steel turned positive for…

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CM Nayab Saini inaugurates and lays foundation stone for six projects worth over Rs. 23 Crore in Kosli

Chandigarh, December 25 – Haryana Chief Minister, Sh. Nayab Singh Saini, on Wednesday, inaugurated and laid the foundation stones for six major development projects worth over Rs. 23 crore during the Dhanyawad programme held at the Kosli Assembly constituency in Rewari district. The projects include the inauguration of four initiatives valued at Rs. 20.53 crore…

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University of East London now enhances support to Indian students through career-oriented education.

New Delhi, 12 December 2024 : The University of East London (UEL), which recently received the prestigious accolade of being named the UK University of the Year 2025 for Teaching Excellence, continues to strengthen its education offerings in a career-orientated and inclusive approach for Indian students. For the second consecutive year, it has been ranked…

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Jiva Inaugurates Premier 100-Bed Ayurveda Hospital in Kolkata

Kolkata- Marking a significant milestone in its three-decade journey to globalise Ayurveda, Jiva proudly announces the opening of Jivagram at Jagriti Dham – a premier 100-bed Ayurveda hospital in association with Infinity Group. Located in a lush-green natural environment, Jivagram at Jagriti Dham is a one-stop destination for complete Ayurvedic wellness. This state-of-the-art hospital takes…

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Why RBI cut CRR to 4% and reduced GDP growth forecast to 6.6%

The Reserve Bank of India (RBI) has cut the Cash Reserve Ratio (CRR) by 50 basis points to 4% and reduced its GDP forecast to 6.6% from the earlier 7.2%, Governor Shaktikanta Das announced on Friday, December 6, during his monetary policy decision announcement speech. The CRR is the percentage of total deposits a bank…

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Launched under Budget 2024-25, PMIS aims to offer internships to millions across top companies over five years

December 5, 2024- The much-awaited PM Internship Scheme (PMIS) finally launched recently, as young interns from all corners of the country started their stints with major firms like IOCL, ONGC, Vedanta, Maruti Suzuki, Titan, and NTPC. A direct benefit transfer of Rs 6,000 is also being provided as one-time grant to eligible interns in connection…

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CM Bhagwant Singh Mann Dedicates Rs. 119.16 Crore Water Supply and Sewerage Projects to Abohar Residents

Abohar, December 5: In a major bonanza to the residents of the Abohar city, the Punjab Chief Minister Bhagwant Singh Mann on Thursday dedicated the Water Supply Scheme and Sewerage projects in the city to facilitate people. The Chief Minister said that these projects are a significant milestone for the city’s residents adding that it…

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Working in a bank and NBFC is no different, thanks to regulatory scrutiny: Sudipto Roy, MD & CEO, L&T Finance

New Delhi , 27 November , 2024 –At a time when the Reserve Bank of India (RBI)  is keeping a close eye on banks and non-banking financial companies (NBFCs), Sudipto Roy, managing director and chief executive officer of L&T Finance, who has switched sides from bank to NBFC, does not find any difference in working…

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Essar Group co-founder Shashi Ruia dies of prolonged illness at 80

New Delhi , 26 November 2024 – Ruia, who co-founded metals-to-technology conglomerate Essar with his brother Ravi, died in Mumbai on November 25, family said in a statement. He had returned from the US about a month ago, where he was undergoing treatment. His mortal remains will be kept at Ruia House from 1 pm…

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