Cabinet gives nod to launch Bharat Bond ETF; move to create additional source of funding for PSUs, state-run organisations
Fp Staff • 5 years agoFurther, Bond ETF trading on the exchange will help in better price discovery of the underlying bonds.
Why Moody’s cut its India credit rating outlook, investors taking refuge in gold ETFs; all this and more on Moneycontrol Pro
Moneycontrol • 5 years agoTwo years ago, Moody’s had upgraded India to Baa2 with a stable outlook from Baa3, the lowest investment rating.
Gold ETFs register first inflow in 9 months in August at Rs 145 cr on higher gold prices, weak rupee
• 6 years agoGold ETFs had seen a net outflow of Rs 17.66 crore in July this year and a net outflow of Rs 45 crore in August 2018.
EPFO has enough surplus to hike interest rate to 8.65% for FY19; hope the Finance Ministry does not put roadblocks
Muralidharan • 6 years agoThe EPFO had provided a five-year low rate of interest of 8.55 percent to its subscribers for 2017-18
Finance Ministry starts consultation with investors to launch global Exchange Traded Fund in current fiscal
• 6 years agoETFs function like a mutual fund scheme and have underlying assets of government-owned companies.
CPSE Exchange Traded Fund 5th tranche: Govt gets bids worth Rs 9,500 crore
• 6 years agoThe government has received bids worth Rs 9,500 crore so far from the fifth tranche of CPSE Exchange Traded Fund (ETF), an official said on Friday
Govt may launch exchange traded fund of PSU bank stocks next fiscal
• 6 years agoThe finance ministry is mulling launching an exchange-traded fund consisting of PSU bank stocks in the next financial year
Bharat-22 ETF additional sale on 14 February, govt to raise Rs 3,500 cr; proceeds to help govt meet divestment target
• 6 years agoSo far, the government has mopped up approximately Rs 36,000 crore by paring minority stake in public sector companies, and through ETFs.
Gold ETFs lose sheen, investors withdraw Rs 280 cr in April-November period; AUM down 11% to Rs 4,385 cr
• 6 years agoGold ETF trading has been tepid during the past five financial years.
Govt to raise up to Rs 14,000 cr through 4th tranche of CPSE ETF; issue to open next week
• 6 years agoThe government has already raised Rs 11,500 crore in the earlier three tranches of the ETF, which functions like a mutual fund scheme.