Skip to main content

eNaira will help fight illicit fund flow...

Of Juliana Taiwo-Obalonye, ​​Abuja President Muhammadu Buhari expressed hope that the recently launched eNaira would stimulate and reposition the Nigerian economy to attract investors. He also said that the Treasury Single Account (TSA), Bank Verification Number (BVN) and National Identification Number (NIN) initiatives have bolstered his administration’s anti-corruption efforts. Speaking at the fifth edition of […]

Billions of funds for environmental just...

By Drew Costley, AP science writer Tens of billions of dollars for US environmental justice initiatives originally proposed in a $ 3.5 trillion domestic spending package are now on the line as Democrats decide how to lower the bill to $ 2 trillion. Investments in a wide range of these projects have been proposed in […]

How to Get Same Day NAV in Mutual Funds

NEW DELHI : According to the rules of the Securities and Exchange Board of India (Sebi), the net asset value (NAV) is attributed when the funds are realized by the fund companies before the prescribed time, i.e. before 3 p.m. However, there is no way for a regular retail investor to transfer money on any […]

China mutual funds reach $ 3.75 billion ...

TOKYO / SHANGHAI – As the China Evergrande group debt crisis rocked Chinese financial markets, the Chinese version of Twitter came alive with posts talking about mutual funds. “99.99% of people should buy mutual funds instead of picking stocks themselves,” a post on Weibo read. “These are the reasons I recommend mutual funds over individual […]

Ex-NBA Star Foundation Says Coach Abused...

By Ivan Moreno (Oct 22, 2021, 7:21 p.m. EDT) – Former NBA All-Star Amar’e Stoudemire’s foundation is suing former director of its Florida youth basketball program, claiming Thursday that he has continued to use the foundation’s marks since his dismissal last month for allegedly stealing grant funds. The Amar’e Stoudemire Foundation federal lawsuit alleges that […]

China Evergrande prepares funds for paym...

Breadcrumb Links PMN company Author of the article: Reuters Clare Jim and Andrew Galbraith Content of the article HONG KONG / SHANGHAI – China Evergrande Group has provided funds to pay interest on a US dollar bond, a person with first-hand knowledge of the matter told Reuters on Friday, days before a deadline that allegedly […]

Morgan Stanley Poll: Pension Funds Pave ...

NEW YORK – (BUSINESS WIRE) – October 20, 2021– According to a new report and survey released by Morgan Stanley, while a large majority of pension funds say that including gender and race diversity in investment decisions can be financially beneficial, more than the half of asset owners globally say they think they have to […]

Listen: Why You Should Consider Investin...

Hi hello. Welcome to ETMarkets Morning, the money, business and markets show. I am Nikhil Agarwal. Let’s start with the headlines first. – Gita Gopinath leaves her post at the IMF– The Center is considering amending the law on drugs to make it stronger– Ola’s top executives exit ahead of potential IPO– Gasoline and diesel […]

Balasubramanian elected president of the...

Balasubramanian was elected President of the Association of Mutual Funds in India at the recent AMFI Board of Directors meeting. Balasubramanian is CEO of Aditya Birla Sun Life Asset Management. He would succeed Nilesh Shah, Managing Director of Kotak Mutual Fund. Balasubramanian previously served as AMFI President between 2017 and 2019 and will now continue […]

Have you lost money in online fraud? Fo...

New Delhi: Amid the pandemic, the number of cybercrimes such as online fraud is on the rise. In the past year alone, more than 2.7 million adults have been victims of identity theft, according to a report by security research firm Norton Lifelock. Hackers misuse our personal and financial information to loot money from the […]