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 biennial Rajya Sabha elections will be held for 13 seats. The seats will be spread across six states including five Rajya Sabha seats in Punjab, three in Kerala, two in Assam and one each in Tripura, Nagaland and Himachal Pradesh.
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%.
Pune Metro project has been undertaken by MAHA Metro, an SPV (Special Purpose Vehicle) of the Government of India and the Government of Maharashtra. Prime Minister Narendra Modi inaugurated the 12-km stretch of the total 32.2 km Pune metro rail project.
EXAMIANS