Shashi Tharoor’s mutual fund portfolio worth Rs 1.72 crore has these 23 schemes

Shashi Tharoor’s mutual fund portfolio worth Rs 1.72 crore has these 23 schemes

Shashi Tharoor, Chairman of the Parliamentary Standing Committee on Information Technology and former Minister of State for HRD and External Affairs, filed his nomination papers for Thiruvananthapuram Lok Sabha seat in 2024 general elections. He has declared that his total investments in mutual funds was at Rs 1.72 crore. The member of Indian National Congress … Read more

Bond yields: Bond yields likely to spike as states line up record borrowings

Bond yields: Bond yields likely to spike as states line up record borrowings

Mumbai: Sovereign bond yields, the benchmark for pricing debt, may harden this week as several states have announced record-high borrowings ahead of the general election, surprising investors with a deluge of securities. On Tuesday, 17 state governments will sell bonds worth ₹50,206 crore, a record for a week, and 80% higher than the ₹27,810 crore … Read more

interim budget: Interim budget: Govt likely to give populist spending a pass ahead of general election

interim budget: Interim budget: Govt likely to give populist spending a pass ahead of general election

New Delhi: The government is likely to stay on the fiscal course-correction glide path in the interim budget for FY25, shunning populist spending or incentives ahead of the summer general election, said people aware of deliberations on the subject. The post-Covid-19 fiscal consolidation roadmap proposed by the government estimates the fiscal deficit at 4.5% of … Read more