Ten years down the line, some believe the financial bubble may burst again, blaming governments of doing little address structural issues facing the world economy.

The net income of Coal India rose 17 per cent to Rs 25,470.86 crore during the quarter under review from Rs 21,774.42 crore in the year-ago period. Expenses remained higher at Rs 19,383.99 crore as against Rs 17,837.17 crore in April-June 2017.

If things go to plan, the options available to EPFO members will similarly include government securities, debt instruments, equity investments, money markets and infrastructure investment trusts.

Members would also have an option to withdraw the remaining 25 per cent of their funds and opt for a final settlement of their accounts after completion of two months of unemployment under the new provision in the Employee Provident Fund Scheme 1952.

Subscription has come in for over 2 times of the base issue size of Rs 6,000 crore. The total bids that has come in so far is for Rs 12,500 crore and one lakh applications have come in, market sources said.

Amit Kachroo, Managing Partner at Aaneev Wealth  talks about the newly launched Bharat 22 ETF further fund offer and the merits and demerits of investing in the fund.

Court summons Chidambaram's wife, son over black money complaintA special court for economic offence cases has summoned former union minister P Chidambaram's wife, son and daughter-in-law to appear on June 25 in connection with the prosecution initiated by the Income Tax Department under the Black Money Act. The special court issued summons to Nalini Chidambaram, Karti Chidambaram and his wife Srinidhi on the basis of a complaint filed by the Income Tax Department over alleged n...

On Tuesday, the government launched the FFO of Bharat-22 Exchange Traded Fund (ETF), comprising shares of 22 companies. The issue received subscriptions from investors such as mutual funds houses, foreign portfolio investors (FPI), insurance and retirement funds.

ICICI Prudential Asset Management Company is managing the launch of Bharat 22 ETF which is being offered at 2.5% discount to all the investor categories.

The strong inflow has pushed the asset base of equity mutual funds (MFs) by more than 6 per cent to Rs 8 lakh crore at the end of April from Rs 7.5 lakh crore in the preceding month.

With an overhang of global and domestic cues, it looks like the equity markets may challenge on hand. Fiscal year 2018-19 is obviously not going to be a year of straightforward positive returns on the index.

Robo-advisors have taken the investment management industry by storm and their meteoric growth seems unstoppable.

The Employees Provident Fund Organisation's (EPFO) apex decision making body Central Board of Trustees (CBT) recommended an interest rate of 8.55 per cent for 2017-18.

Retirement fund body EPFO on Wednesday lowered the rate of interest on employees provident fund to 8.55 per cent for its over 6-crore subscribers for 2017-18, from 8.65 per cent in the previous fiscal.

Last year in November, it was reported that the EPFO may lower interest rate on the grounds that it is directly crediting exchange trade funds or ETF units into provident fund accounts and lower yields on other investments such as bonds.