Sebi may ask mutual funds to reduce exposure to unrated debt

Sebi, at a meeting scheduled today in Mumbai, is likely to take up issues relating to mutual funds, startup listing platform and buybacks.

Government looks to cut down imports of chemicals, make India manufacturing hub

Net imports of chemicals and petrochemicals touched a whopping Rs 1.21 lakh crore annually in 2018-19, the official added.

EPFO appoints UTI AMC, SBI Mutual Fund as fund managers

Besides, the Employees' Provident Fund Organisation (EPFO) also approved a proposal for early redemption of its investment of around Rs 700 crore in bonds of DHFL

Inflation no more a bother for RBI, stagnant price rise worries it more

RBI Governor Das said the moderation of CPI is reflecting a slowdown of domestic demand.

India's GDP growth set to slow further in Apr-Jun quarter to 5.7 per cent: Nomura

India's economic growth is set to slow further in the April-June quarter to 5.7%, a Nomura report says.

Direct tax collection sees dismal growth; mid-August mop-up growth under 5%

The collections had shot up that year because people regularised their unaccounted income by paying higher levies

Donald Trump looking at possible tax cuts amid economic jitters

Trump dismissed fears of a slowdown, extolling low unemployment and a rising stock market over his tenure.

IMF warns against rate cuts, currency intervention to improve trade balance

The IMF blog emphasized that global external imbalances are not grossly misaligned and repeated the fund's view that China's external position

Sebi just gave the FPIs much-needed relief

Sebi just gave the FPIs much-needed reliefSebi decided that the FPIs will be re-categorised into 2 categories instead of 3 currently.

Fed saw July rate cut as insurance for growth and inflation

The minutes began with a lengthy discussion of the Fed's policy strategy review, which indicated that officials aren't ruling out any options, including an expansion of their policy toolkit.