hear the news
hear the news
Rs 7,800 crore invested in foreign ETFs
SEBI said that fund houses can invest 7,800 crore or one billion dollars in foreign ETFs. It has asked Amfi that each fund house should invest only as much as the foreign investment limit at the end of the day of February 1, 2022. After this approval of SEBI, mutual fund houses will now start accepting investments in schemes.
80,000 crore business to the construction sector from the metro project
At the domestic level, the construction sector companies will get a business of 80 thousand crore rupees in the next five years from the metro rail project. Rating agency Icra has given this information. It said that Metro work is going on in 15 cities of the country. It is about 746 kms. While works of 640 km will be started in seven more cities. This is apart from the 1,400 km metro rail projects that are either approved or are in the proposed stage. Their total cost is Rs 2 lakh crore. Out of this, 352 km of new metro network has been approved.
Future Group defaulted in payment of 6 crores
Debt-ridden Future Enterprises Ltd. Has defaulted in interest payment of Rs 6.07 crore. He was to pay this interest on the NCD on June 20. 120 crore NCD company was to pay interest. Earlier in December also, it had defaulted in paying interest. The company pays interest at the rate of 10.15 per cent.
Expansion
Now once again you can invest in foreign stocks through mutual funds. Market regulator Securities Exchange Board of India (SEBI) has given approval to mutual fund houses for this. However, the entire industry together will be able to invest only Rs 55,000 crore. In fact, in recent times there has been a huge decline in the markets all over the world. Because of this, shares are being available at a cheap price. Earlier this year, SEBI had barred mutual fund houses from investing in foreign markets as the Rs 55,000 crore limit was exceeded. Now the price of the investment has fallen below the limit due to the fall of the market, which has got approval again.
Rs 7,800 crore investment in foreign ETFs
SEBI said that fund houses can invest 7,800 crore or one billion dollars in foreign ETFs. It has asked Amfi that each fund house should invest only as much as the foreign investment limit at the end of the day of February 1, 2022. After this approval of SEBI, mutual fund houses will now start accepting investments in schemes.
80,000 crore business to the construction sector from the metro project
At the domestic level, the construction sector companies will get a business of 80 thousand crore rupees in the next five years from the metro rail project. Rating agency Icra has given this information. It said that Metro work is going on in 15 cities of the country. It is about 746 kms. While works of 640 km will be started in seven more cities. This is apart from the 1,400 km metro rail projects that are either approved or are in the proposed stage. Their total cost is Rs 2 lakh crore. Out of this, 352 km of new metro network has been approved.
Future Group defaulted in payment of 6 crores
Debt-ridden Future Enterprises Ltd. Has defaulted in interest payment of Rs 6.07 crore. He was to pay this interest on the NCD on June 20. 120 crore NCD company was to pay interest. Earlier in December also, it had defaulted in paying interest. The company pays interest at the rate of 10.15 per cent.