Funds from a fine imposed by the National Green Tribunal (NGT) on the State for causing pollution to the Beas and the Sutlej rivers may soon be used in Punjab to encourage eco-management of cattle dung in cowsheds (gaushalas) and dairy farms through vermicomposting, under which biodegradable waste is converted into organic fertilisers with the help of earthworms. The Punjab Pollution Control Board (PPCB) has invited applications from interested gaushalas and dairy farms of Punjab through an Expression of Interest. The board will provide technical as well as financial assistance…
Tag: Funds
‘Need more focus on PM2.5’: Study says dust mitigation draining clean air scheme funds | India News
Road dust mitigation works undertaken to reduce particulate matter 10 (PM10) pollution is draining a lion’s share — 64% — of funds under the National Clean Air Programme (NCAP), said a new study by Centre for Science and Environment (CSE) while recommending a shift of focus on curbing the finer, more lethal PM2.5 pollution. “We need to worry about combustion sources rather than dust. Dust is not the main pollutant. When it gets coated with other pollutants, it becomes bad for your body,” said Sunita Narain, Director, CSE. The CSE…
Valmiki Corp funds used to purchase liquor before general elections: ED | India News
The Enforcement Directorate (ED) on Wednesday alleged that a “substantial” amount of funds “misappropriated” from the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited were used to procure liquor during the recently-concluded Lok Sabha elections apart from some highly priced vehicles. The federal probe agency that has arrested sitting Congress MLA and former cabinet minister of the state B Nagendra in this case recently issued a statement alleging the associates connected to the legislator were “implicated in fund diversion and cash management.” Nagendra, a former minister of Tribal Welfare and…
Mutual Funds: Equity MF got Rs 15,500 crore investment in June despite market downturn
[ad_1] Mumbai: retail investor continued to show confidence in equities mutual funds Despite a sharp decline in both Indian and foreign markets last month equity net viewing plans inflow ₹15,498 crore in the month, shows data from Association of Mutual Funds in India. However, this was lower than the ₹18,529 crore inflows in May. However, the debt schemes posted a net outflow of Rs 92,247 crore in June, as investors took Pennies Far, further rate hikes are expected. As a result, the total assets under management (AUM) of the industry…
Retail investors invested over Rs 13,000 crore in mutual funds in June: AMFI
[ad_1] Selling by foreign investors, slowdown in global equities, weakening rupee, rising inflation and Nifty at 52-week low, retail mutual fund schemes saw positive inflows for 16th consecutive month since March 2021, data released by Association of Funders mutual funds in India (AMFI) showed on Friday. The net inflow into such schemes in June stood at Rs 13,338 crore. “The funds raised under retail schemes stood at Rs 40,838 crore as against Rs 27,500 crore during June 30, 2022,” AMFI said in a statement. Equity mutual funds saw inflows of…
Midcap Funds: 5 Top Performing Midcap Funds giving returns up to 21% in 1 year. These are his major holdings
[ad_1] The top five performing midcap funds have given returns of up to 21 per cent in the past one year, compared to a fall of 3 per cent in the BSE Midcap index. These mutual fund schemes have their top share from various sectors, yet they managed to perform well, which suggests working bottom-up investments for the schemes. Motilal Oswal Midcap 30 Fund Has given 21% return in the last one year. The top five stocks in the scheme accounted for 42.63 per cent of the scheme’s assets. Its…
FPIs: Funds based in Mauritius, Luxembourg rise sharply as sell-offs to exit
[ad_1] ET Intelligence Group: If you blame tax havens for the softening of stocks, you won’t be far from the truth. Funds based in Mauritius or Luxembourg have moved out of Mumbai much faster than those in more regulated geographies such as the US, UK, Japan or Canada since October. The combined share of the Big Four regulated markets in total FPI equity under management rose to 50% in May 2022, a multi-year high. In contrast, data [ad_2] Source link
Money Making Ideas: Where to Deploy Short-Term Money? 4 Financial Instruments to Park Funds
[ad_1] To build wealth, you need to make prudent investments to make your money work for you. Thankfully, there are several investment avenues where you can invest according to your financial goals, risk tolerance and liquidity needs. While long-term investing has always attracted attention, it is equally important to pay attention to Short-term investmentsWhich you can easily convert into cash within 1 to 5 years. Here are 4 financial instruments in which you can invest your short term money. 1. liquid fund Financial prudence called for emergency preparedness and COVID-19…
Hedge funds: This hedge fund manager tells you how to generate alpha in volatile times
[ad_1] Greed and fear often hinder investors’ ability to think rationally. When the markets are in turmoil, the potential for huge losses becomes a real possibility as the emotional aspect comes into play. This is where Quantity Strategies score. quant fund Rely on algorithmic or systematically programmed investment strategies. Investments in various strategies are based on a number of trading signals based on economic data points, trending security prices, real-time company news or any other measurable variable. With this, an institutional process is implemented without subjective bias. Furthermore, quant funds…
Hybrid Mutual Funds: All You Need to Know About Hybrid Mutual Funds
[ad_1] Investors eyeing a mix of different asset classes One can consider investing in hybrid funds in the same scheme. They often invest in a single fund that combines different asset classes – equities, gold and fixed income – to optimize Return, What are Hybrid Funds? This is a category of mutual fund that invests in more than one asset class. These schemes typically combine equity and debt, while some also include gold and REITs. What is the advantage of Hybrid Fund? in the range of, fund manager rebalances portfolio…