Cabinet gives in-principle nod to PLI in 10…

New Delhi: The Union Cabinet on Wednesday has given in-principle clearance to Production Linked Incentives (PLI) scheme for ten sectors including white goods, auto, auto components and battery manufacturing wherein sops worth Rs 1.47 lakh…

This market play may spell profits chiefly due…

Allianz Global Investors' Mona Mahajan won't rule out market consolidation over the next several weeks.But she's painting a bullish long-term picture that's chiefly tied to a key advancement on the coronavirus front."We've had tremendous vaccine…

What is a dividend plan in mutual funds?

Come April 2021 and dividend plans in mutual funds will be history. As per new Sebi norms, dividends plans will be called ‘pay-out of income distribution cum capital withdrawal option.’ Similarly, the other two dividend…

Gold inches higher on stimulus hopes, virus concerns

Gold prices edged higher on Wednesday supported by hopes of more U.S. stimulus measures as surging COVID-19 cases threaten to hamper economic recovery, although optimism over vaccine developments limited gains. FUNDAMENTALS Spot gold rose 0.2%…

Singapore and Hong Kong to start ‘travel bubble’…

A Boeing 777-312(ER) passenger plane belonging to the Singapore Airlines lands at Hong Kong International Airport on August 01 2018 in Hong Kong, Hong Kong.S3studio | Getty Images News | Getty ImagesSINGAPORE — Quarantine-free leisure…