Federal Bank and Equirus Wealth in collaboration with SCUBE Capital, a global fund management company based out of Singapore, have launched a 'US dollar offshore fund' for their customers.
The Union Cabinet has approved an amendment to the FDI Policy to allow FDI up to 20 percent under the "automatic route" in LIC. This comes ahead of IPO of LIC. It must be noted that the FDI limit in the insurance sector is 74 percent. Last year it was raised from 49% to 74%.
Indian Navy will be represented by INS Kirch, a guided missile corvette while Sri Lanka Navy will be represented by SLNS Sayurala, an advanced offshore patrol vessel.
The Kempegowda International Airport in Bengaluru won two the 'Best Airport' under the General Category and the 'Aviation Innovation' Award at the event.
EXAMIANS