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Arun Padmanabhan

arun.padmanabhan@tv9.com

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  • Axis MF launches Rs 1,000-crore floater fund
    Mutual Funds

    Axis MF launches Rs 1,000-crore floater fund

    The floater fund will invest almost 75% of the fund in AA-rated and above corporate bonds and the rest in central government securities

  • Forex reserves rise by $1.013 billion to record high of $610.012 billion
    Currency

    Forex reserves rise by $1.013 billion to record high of $610.012 billion

    Foreign currency assets surged by $748 million to $566.988 billion, as per weekly data by the Reserve Bank of India

  • Non-life insurers' gross direct premium up 7% at Rs 14,809 crore in June
    Insurance

    Non-life insurers’ gross direct premium up 7% at Rs 14,809 crore in June

    Of these, the 25 general insurance companies registered a 4.9% rise in gross direct premium during the month at Rs 13,041.51 crore

  • Starting next year, Delhiites can take a driving licence test 7 days a week
    Exclusive

    Starting next year, Delhiites can take a driving licence test 7 days a week

    The transport department has floated a tender to outsource the operation and maintenance of all automated driving test tracks

  • Nearly 37 crore vaccine doses administered in India so far: Health Ministry
    Covid-19

    Nearly 37 crore vaccine doses administered in India so far: Health Ministry

    The ministry said 17,93,389 vaccine doses were administered as first dose and 1,71,647 vaccine doses given as second dose in the 18-44 age group

  • Mumbai airport passenger volumes up 60% in June
    Exclusive

    Mumbai airport passenger volumes up 60% in June

    Delhi saw the highest movements with over 9,46,890 passengers, followed by Goa with 5,42,350 and Bengaluru with 4,32,180 passengers, respectively

  • HDFC Flexi cap Fund completes 26 years; grows 87 times since inception
    Mutual Funds

    HDFC Flexi cap Fund completes 26 years; grows 87 times since inception

    An investment of Rs 1 lakh at inception would now have grown to a corpus of Rs 87 lakh, while a SIP of Rs 10,000/month would have grown to Rs 9.57 cr

  • RBI asks banks to shift from LIBOR to alternative reference rates by December 31
    Banking

    RBI asks banks to shift from LIBOR to alternative reference rates by December 31

    The RBI has also advised the financial institutions to cease using the Mumbai Interbank Forward Outright Rate (MIFOR) latest by December 31

  • Union cabinet approves Rs 23,123-crore package for boosting health infra
    Covid-19

    Union cabinet approves Rs 23,123-crore package for boosting health infra

    Health Minister Mansukh Mandaviya said the package will be implemented over the next nine months till March 2022

  • Clean Science IPO subscribed 4.28 times on Day 2
    IPO

    Clean Science IPO subscribed 4.28 times on Day 2

    Clean Science IPO received bids for 5,26,95,440 shares against 1,23,02,672 shares on offer, as per NSE data

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