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EasyJet now offering travellers online refunds in U-turn after customer complaints

The airline has come under intense pressure from customers in the past few weeks to bring back the online form, which was only removed after most of its flights were cancelled due to the coronavirus.




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No refunds for Sykes Holiday Cottages booked in lockdown

The firm, which has more than 10,000 cottages on its books, instead wants customers to rebook the same property for a later date - and potentially be charged more.




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Liverpool captain Jordan Henderson helps to launch eBay shirts raffle to raise funds for NHS heroes

EXCLUSIVE: Jordan Henderson is leading another drive to raise cash for the NHS. He is involved in a proposed joint initiative between eBay and the new Players Together campaign.




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Airlines don't want to give coronavirus refunds, what can we do?

What is galling for me and many of my fellow Britons due to fly, is quite how awkward airlines are being in allowing us to get our money back.




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BT Sport customers can apply for refunds as events are called off

At present you can claim back the value of one month's membership. How much this is will be depends on your package. The sum will be credited to your BT account within ten working days.




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Cancelled events leave contributors out of pocket and in the dark as they struggle to reclaim funds

Smaller events are also struggling, however, with those who had booked to have a stand at the annual London Book Fair facing losing money after the event was cancelled.




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Currys PC World customers left furious after failing to receive refunds

A number of people have struggled to get refunds for faulty products or cancel expected deliveries with many failing to speak to anyone from the firms customer service team at all.




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Recko raises $6 mn in Series A funding; to use funds for expansion, hiring

The investment was led by Vertex Ventures SEA and India, and saw participation from existing investor Prime Venture Partners.




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How to make money in equity mutual funds

If retail investors aspire to make risk-free, guaranteed returns in the short-term, they are better off in a fixed deposit. Equities isn't for them




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Are exchange-traded funds here to stay?

Passive investing has come a long way in India but will still lag active investing




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Don't stop MPLAD funds, take full salary instead: TMC at meeting with PM

The cabinet has approved a temporary suspension of the MPLAD funds scheme during 2020-21 and 2021-22




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US returns another USD 300 mn of recovered 1MDB funds to Malaysia

The US Department of Justice on Tuesday (local time) said it has repatriated approximately USD 300 million (RM 1.292 billion) to Malaysia in additional funds misappropriated from 1Malaysia Development Berhad (MDB), the Asian country's investment development fund.The government of former Prime Minister Najib Razak set up the 1MDB fund in 2009 to promote economic development in Malaysia through global partnerships and foreign direct investment.The Justice Department estimated that some USD 4.5 billion was siphoned out of Malaysia by high-level fund officials and their associates between 2009 and 2014 in a scandal that called for Razak's resignation -- including Mahathir Mohamad, one of the former's predecessors.The funds were laundered through financial institutions in several jurisdictions, including the United States, Switzerland, Singapore and Luxembourg."We are pleased to make this latest repatriation of an additional USD 300 million in stolen 1MDB funds," Assistant Attorney General




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RBI Announces Rs 50,000 Crore Special Liquidity Facility for Mutual Funds

Heightened volatility in capital markets in reaction to COVID-19 has imposed liquidity strains on mutual funds (MFs), which have intensified in the wake of redemption pressures related to closure of some debt MFs and potential contagious effects therefrom. The stress is, however, confined to the high-risk debt MF segment at this stage; the larger industry remains liquid. The RBI has stated that it remains vigilant and will take whatever steps are necessary to mitigate the economic impact of COVID-19 and preserve financial stability. With a view to easing liquidity pressures on MFs, it has been decided to open a special liquidity facility for mutual funds of Rs 50,000 crore.




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RBI Announces Rs 50,000 crore Special Liquidity Facility for Mutual Funds (SLF-MF)

Reserve Bank will review the timeline and amount, depending upon market conditions




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Reserve Bank Extends Regulatory Benefits Under Special Liquidity Facility For Mutual Funds

Powered by Capital Market - Live News




funds

More responsibilities, less funds


The States of India account for about 55 per cent of the combined expenditure of the Union and the States, but the Centre now collects two-thirds of the combined tax revenues. Kannan Kasturi details this imbalance.




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Urbanisation challenge: What will drive the funds?


Indian cities have neither the funds required to realise their envisaged progress, nor credible systems to ensure effective utilisation of what they have. Srikanth Viswanathan emphasises the need for accountability and more robust financial management by municipal corporations.




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Drought of justice, flood of funds


Ask for expansion of the NREGS, universal access to the PDS, more spending on health and education - and there's no money. But there?s enough to give away to the corporate world in concessions, writes P Sainath.




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Diversion of funds mars tribal welfare plans


In spite of the development and welfare plans and programs implemented since Independence, the tribals of our nation remain the most marginalised group. There are many valid reasons for this as Abhijit Mohanty finds out when he looks into the existing Tribal Sub Plan funds and what's happening with it.




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PMO, NGOs appeal for funds for flood-hit J&K


For those who want to stand in solidarity with the people of flood-ravaged Jammu and Kashmir, here are a few options to choose from to make financial contributions.




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Dial R to reroute funds


A financially sick state corporation in Maharashtra gets an infusion of life from the generosity of MTNL, the Centre-owned phone company. Himanshu Upadhyaya reports.




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Of chit funds and loan lotteries


Many farmers deep in debt are trying to find a way out through playing bhishi (chit funds). Denied bank loans and desperate for credit to run their farms and for other needs, they take huge risks. The results are usually tragic. P Sainath continues his series on Vidharbha's crisis.




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Maha: No funds to help workers, say officials

The state government would be short of Rs1.4 lakh crore, or 40 % of the projected revenue for the 2020-21 fiscal, if any financial package were announced for the migrant workers’ assistance, sources in the finance department said on Friday.




funds

Changing Tracks from Cricket: Ben Stokes Takes on New Challenge to Raise Funds for NHS

Chance to Shine is a national cricket charity that delivers cricket coaching sessions in a quarter of primary schools in England & Wales every year.




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To Raise Funds, England's James Anderson Auctions Shirt, Bat and Wicket

The pandemic, which originated in the Chinese city of Wuhan, has so far claimed close to two lakh lives and infected more than 28 lakh people across the world.




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Ben Stokes Completes First Half-marathon to Raise Funds for NHS

England all-rounder Ben Stokes has run his first-ever half marathon to raise money for Britain's National Health Service amid the coronavirus pandemic which has so far claimed more than 30,000 lives in the UK.




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Pune-based Cricket Museum Buys Azhar Ali's Bat to Raise Funds in Fight Against Coronavirus

Another Pakistani based in New Jersey, Jamal Khan also donated Rs. 100,000 for the cause.




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Indian Women's Hockey Team to Raise Funds to Feed Poor and Migrant Families During Coronavirus Lockdown

Indian women's hockey players will give a new challenge on social media and tag 10 people on their social media handles, to take up the challenge and donate Rs 100 to the fundraiser.




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Ex-Refugee Bayern Munich Star Alphonso Davies Raises Funds for Those Forced to Flee

Alphonso Davies, who started his life in a refugee camp in Ghana, said it would be disastrous if coronavirus reaches any of the world's many refugee camps.




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Chidambaram Welcomes RBI's Special Liquidity Facility for Mutual Funds

Former Finance Minister P Chidambaram on Monday lauded the RBI's prompt action in announcing a Rs 50,000 crore special liquidity facility for mutual funds.




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Vidya Balan Donates 1000 PPE Kits for Doctors, Raising Funds for More

Actress Vidya Balan has collaborated with celebrity shout-out platform Tring to raise donations to provide additional 1000 PPE kits, along with Manish Mundra of Drishyam Films and photographer cum film producer Atul Kasbekar.




funds

Arjun Kapoor to Raise Funds for Animals Affected by COVID-19 Lockdown

Arjun Kapoor has decided to auction off his closet where fans can choose from sunglasses and caps to shoes and T-shirts, and the proceeds will fund food and water for hungry strays.




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Mutual Funds Can Now Register Online With Sebi Portal

To improve ease of doing business, markets regulator today launched an online registration mechanism for mutual funds. The move would help in making it easier for the existing and new fund houses to complete their registration with Sebi much faster and




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Reliance Group Plans MF Unit IPO, First For Mutual Funds

Anil Ambani-led Reliance Group plans to come out with an initial public offering (IPO) during this fiscal year for its mutual fund arm, which is expected to value the company at about Rs. 20,000 crore. It could be the first initial




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Mutual Funds Get 19 Lakh New Investors In 2 Months

Mutual fund houses added close to 19 lakh investor accounts in April-May of 2017-18, taking the total tally to a record 5.72 crore, driven by growing interest from retail and HNI investors alike. This is on top of 77 lakh folios




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Sebi Proposes To Stop Mutual Funds Mis-selling Through Advisory Model

There have been a number of amendments proposed to SEBI (Investment Advisers) Regulations 2013 in the recent consultation paper of the Securities and Exchange Board of India that does not augurs well for mutual funds, distributors as well as advisors. The




funds

Should You Be Investing In Mutual Funds Via NFOs?

Mutual funds have become the all time favorites' of all from investors beginning their investment journey to nearly everyone. More so, since the demonetisation happened, other than many other a lot of domestic money saw its inflow into the mutual




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Mutual funds Register Rs 1 Lakh Crore Fund Inflow In January

The mutual fund industry has received a massive fund flow to the tune of Rs. 1 lakh crore in the month of January taking the total assets under management for the industry to a record high of Rs 22.41 lakh crore.




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Mutual Funds Schemes Reclassified as per New Rules to Help Investors Choose & Compare Funds

The Securities and Exchange Board of India (SEBI) has introduced a new system of fund classification to categorize mutual fund schemes to make decision making easier for consumers. The asset managers will now have to reclassify their product offerings according to




funds

Poor Returns From Small Cap Mutual Funds: What Should Investors Do?

The returns from small cap mutual funds, over the last 1 and 2 years has been terrible, which might now begin to test the patience of investors in these funds. Poor returns In the more short term period of 1




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Dance With Shriya Saran! The Paisa Vasool actress Raises Money For COVID-19 Relief Funds

Actress Shriya Saran is leaving no stone unturned to use her stardom amid lockdown. Well, the star, who is currently home quarantined in Spain with husband Andrei Koscheev, is doing everything possible to raise funds for COVID-19 relief. And




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Coronavirus impact: Indian women#39;s hockey team to raise funds for poor affected by lockdown

The money from the crowd-funding effort will be donated to a Delhi-based NGO Uday Foundation and the proceeds will be used to provide basic necessities for patients at various locations, migrant workers and slum dwellers.




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RBI lifeline to mutual funds will calm investors

The liquidity facility will help avoid a one-off event snowballing into systemic risk




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Mutual fund flows in April hold up despite redemptions in credit risk funds

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Explainer: Fed funds futures market sees negative rates by next April

The fed funds futures market is pricing in negative U.S. interest rates next year, a scenario the Federal Reserve has said it wants to avoid as many doubt that it would be an effective tool to stimulate growth.




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RBI announces special liquidity support of Rs 50,000 crore for mutual funds to cope with COVID-19 crisis

The RBI also announced that under this facility, it will give funds to banks at lower rates and that the banks will be allowed to avail funds for meeting the liquidity requirements of mutual funds.




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Infrastructure Development Funds

Infrastructure Development Funds




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Funds for Infrastructure Projects

Funds for Infrastructure Projects




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Funds for Projects

Funds for Projects




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Real Estate Funds

Real Estate Funds