Asset Details

Wealth Company launches Bharat Bhoomi Fund with ₹1,000 cr green shoe

The Rs 1,000 crore Bharat Bhoomi Fund will invest in infra-aligned sectors and real estate opportunities across India's high-growth urban and connectivity corridors

Let asset allocation, not price direction guess, guide decision on gold

As gold scales Rs 1 lakh peak, investors are wondering whether to sell now and book profits or wait to see how the tariff wars play out. Here's a handy explainer on the best way forward

Parl panel suggests penalties for IAS officers not filing property details

A Parliamentary committee has suggested penalties or corrective actions against IAS officers if they fail to file their property details within the prescribed time limit. Ninety-one Indian Administrative Service (IAS) officers did not file their immovable property returns (IPRs) in 2024 and 73 the year before, according to 145th report of the Department-related Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice on the Demands for Grants (2025-26) pertaining to the Department of Personnel and Training (DoPT). The report was tabled in Parliament on March 27. Vigilance clearance, mandatory to join certain posts, was denied to 15 IAS officers in 2023, 12 in 2022 and 14 in 2021, due to non-filing of IPRs for respective years. The panel recommended that a centralised compliance monitoring mechanism may be established to ensure timely filing of IPRs by all IAS officers. "This mechanism should involve creation of a dedicated task force within the department

Wait for NAV and price on exchange to converge before investing

Indian fund houses have cumulatively hit the investment ceiling set by the Reserve Bank of India (RBI): $7 billion for overseas mutual fund (MF) investments

Lok Sabha polls: Rahul Gandhi declares Rs 1 crore income, Rs 20 cr assets

Lok Sabha elections 2024: Elections in the Kerala's Wayanad seat will take place on April 26, will see three-cornered contest

NBFCs likely to see assets growth moderating to 16-18% in FY24: CRISIL

India's NBFC sector is expected to record a moderate growth of 16-18 per cent in the current fiscal because of relatively slower expansion on unsecured retail loans due to the recent regulatory measures issued by the RBI, CRISIL Ratings said on Wednesday. Assets Under Management (AUM) of Non-Banking Financial Companies (NBFCs) are set to log a healthy 14-17 per cent growth next fiscal on the back of continued strong credit demand across retail loan segments, it said in a release. "Growth may be moderately lower than 16-18 per cent expected in the current fiscal, as unsecured retail loans, the fastest growing segment in the NBFC AUM pie so far, are likely to see a relatively slower growth as NBFCs recalibrate their strategies due to the recent regulatory measures issued by the Reserve Bank of India," it said. Going forward, diversification in product offerings and funding profile will be key constituents of their growth strategy, it added. The rating agency further said retail credi

Former F1 boss Ecclestone to be charged with fraud over assets

Former Formula One boss Bernie Ecclestone will be charged with fraud by false representation following a government investigation into his overseas assets, British prosecutors said Monday. Chief Crown Prosecutor Andrew Penhale said after reviewing evidence from the tax office, authorities have authorized a charge against Ecclestone over his failure to declare overseas assets worth more than 400 million pounds ($477 million). Simon York, of Her Majesty's Revenue and Customs, said the announcement followed a complex and worldwide investigation into the 91-year-old businessman's finances. The criminal charge relates to projected tax liabilities arising from more than 400 million pounds of offshore assets which were concealed from Her Majesty's Revenue and Customs, he said. The case is expected to be heard at Westminster Magistrates' Court in London on Aug. 22.

GoM seeks presentation from DoT, BSNL to take stock of asset sale

The asset sale exercise is expected to start early next year and the final contours will be decided by the GOM.

Deadline to file asset details extended

New deadline is now December 31