Sebi eases norms for domestic funds managing offshore money

Last Updated: Sunday, March 22, 2015, 16:43

Making it easier for domestic funds to manage offshore pooled assets, Sebi today relaxed its norms by dropping the '20-25 rule', which required a minimum of 20 investors and a cap of 25 percent on investment by an individual, for funds from low-risk foreign investors.

AirAsia CEO Tony Fernandes criticises 5/20 rule in India

Last Updated: Saturday, March 21, 2015, 20:08

AirAsia CEO Tony Fernandes today criticised the '5/20 rule' in India that mandates a domestic carrier to be five-year-old and have a fleet of 20 aircraft being allowed to fly on international routes.

ECB unveils new 20-euro banknote

Last Updated: Tuesday, February 24, 2015, 23:30

The European Central Bank unveiled Tuesday the new 20-euro banknote, nine months before it starts circulating from November.

G20 vow to promote growth but rifts remain

Last Updated: Tuesday, February 10, 2015, 22:11

They also warned of the risk of "persistent stagnation" in some leading economies due to "prolonged low inflation alongside sluggish growth."

G20 plan for investment targets runs into stiff opposition

Last Updated: Monday, February 9, 2015, 21:21

Deputy Prime Minister Ali Babacan said Turkey - G20 chair for 2015 - preferred to set binding national investment targets and that the idea was under discussion. But it appeared to be struggling to win support.

Gold imports plunge in December

Last Updated: Thursday, January 15, 2015, 20:14

However, gold imports were still higher on a year-on-year basis by 7.4 percent from USD 1.25 billion in December 2013.

FM for more global cooperation to check tax evasion, smuggling

Last Updated: Thursday, December 4, 2014, 11:45

Calling upon revenue intelligence agencies to enhance cooperation with their global counterparts to check tax evasion and smuggling, Finance Minister Arun Jaitley on Thursday said free trade should also mean fair trade.

Removal of 80:20 scheme will boost jewellers'' confidence: WGC

Last Updated: Saturday, November 29, 2014, 14:35

Under the scheme, 20 percent of the imported gold had to be exported before getting a new lot. The scheme was put in place in August 2013 to curb gold imports, which was considered a major cause for the widening current account deficit of the country.

Bharti Taneja hosts grand soiree, celebrates DIFF 2013

Last Updated: Wednesday, January 15, 2014, 13:46

Renowned Beauty Expert, Mrs. Bharti Taneja along with her daughters Gunjan and Ishika Taneja hosted a mega party to honor the success of 2nd edition of Delhi International Film Festival 2013 at BUDDHA LOUNGE of her residence on the first day of the new year 2014.