The country stage single window clearance authority (SLSWCA) led by using chief secretary A P Padhi on Friday cleared funding proposals worth Rs 1177 crore, on the way to create employment possibilities for 6031 human beings. The authorized tasks were from diverse sectors which include sanitary ware, meals...
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UBS has sounded out former Bank of America funding banking boss Christian Meissner about taking a senior position at the Swiss lender that would place him in line to prevail leader executive Sergio Ermotti. Mr. Meissner and UBS have been in touch, however, a person familiar with the situation said discussions have been at a “very early stage” and his remaining interest...
The 12 months long gone with the aid of was absolutely now not a propitious time for the markets. Returns had been flat and maximum traders needed to face setbacks. Investors need to vary about uncertainties that can rise up this yr both due to elections, coverage adjustments, or even macroeconomic worries from foreign places markets. In this episode of Managing Money...
Costly regulatory reforms blended with tumultuous markets, floundering Brexit talks and heavy outflows led to issues for many fund groups. Will the next one year be much less turbulent? Here FTfm examines the troubles in asset managers’ in trays. Regulation From a regulatory factor of view 2019 guarantees an easier ride. “We haven’t were given a Philips or a Mifid...
The market becomes notably volatile in 2018, but the benchmark indices controlled to close the year with single-digit profits. Swings in crude oil costs, rupee volatility, exchange tensions between US and China, the liquidity crisis in non-banking finance groups, country elections, Fed charge hikes. And so on. Were outstanding motives for a rangebound market in ultimate...
Changing the investment recommendations for some NPS schemes, the PFRDA has expanded the limits on investments in debt securities by way of those schemes. This has been carried out to allow extra flexibility for better scheme performance. “To provide flexibility to the pension finances to enhance the scheme overall performance depending upon the marketplace situation,...