Country Financial News

MUMBAI : Private equity (PE) and venture capital (VC) funds are slashing the management fees they charge investors to enhance returns, cut investing costs, and attract funds, according to portfolio managers and limited partners. The emergence of multi-fund platforms led several PE and VC firms to move away from the traditional ‘2-20 model’, or 2% management fee and 20% carry, where the fund retains a part of the investment profit upon realization. To be sure, this new trend is seen in firms raising multiple funds with large corpus and smaller ones that are into their subsequent fund cycles.

said, "The main thing is continuity in the process. You will see the cricket team coming here, a football team already came here, and a hockey team is also here. Now it’s your turn, you must be come to Pakistan." The Pakistan government is very positive to become close to the Indian government, he added Rehan Butt, Assistant coach of Pakistan also expressed his happiness to be in India.

Mint. “Next step will be codeshare with Indian companies," Moussa said, adding that the airline is getting ready to initiate discussions for a codeshare as part of the strategy going forward. The airline will operate the direct flight between New Delhi and Cairo four times a week in an Airbus A320neo with a two-cabin service.

corruption, dynasty and appeasement to 'quit India'. Modi was speaking after laying the foundation stone for the redevelopment of 508 railway stations across the country via video conferencing. Modi alleged that a section of the opposition is driven by the principle of neither working nor letting others work.

violence in West Bengal, on Sunday said that a peace train should be started between Sealdah station in Kolkata and New Jalpaiguri Station in North Bengal. Bose jibed at the state government while attending foundation laying programme of Prime Minister Narendra Modi, for redevelopment of 508 railway stations across the country via video conferencing. While speaking at the programme in Sealdah station organised by the Railways, the Bengal Governor referred to «violence and corruption» marring Bengal and urged the Prime Minister to request Union Railway Minister Ashwini Vaishnaw to start a 'peace train from Sealdah station in Kolkata to New Jalpaiguri Station in North Bengal.' Bose has opened a peace room and anti-corruption cell in Raj Bhawan.

Nirmala Sitharaman during her budget speech following which the MHA has launched consultation with states and Central ministries in April this year, officials said. According to National Crime Records Bureau (NCRB) prison statistics 2021, out of the total 554,034 prison inmates in the country, 373,337 or 67.5% belonged to Scheduled Castes, Scheduled Tribes and other backward classes.

The body of a women and a child were recovered by Italian coastguard after two migrant shipwrecks off the southern Italian island of Lampedusa. Around 57 people were rescued, and more than 30 are believed to be missing at sea as of Sunday following two migrant shipwrecks off the southern Italian island of Lampedusa, the coastguard said Sunday.

debt markets, bigger gains will come from stocks. The macro backdrop is also tilting in favor of developing nations. Emerging economies are expected to expand almost three percentage points quicker than advanced nations over the next three years, led by China, albeit at a slower pace, and India.

₹24,470 crore. The railways has set an internal target of one-and-a-half years to two years to complete the projects. Speaking through videoconference, the prime minister said that the redevelopment project will represent a huge boost for infrastructure development in the country.

By Boureima Balima

By Pavel Polityuk

Railway Minister Ashwini Vaishnaw for selecting 15 Haryana stations for redevelopment under the 'Amrit Bharat Station Scheme'. Prime Minister Narendra Modi on Sunday laid the foundation stone for the redevelopment of 508 railway stations across the country via video conferencing. These stations are spread across 27 states and union territories and also include 22 in Punjab.

Congress president Mallikarjun Kharge on Sunday hit back at Prime Minister Narendra Modi over his 'quit India' jibe at the opposition, saying it is «our victory» that those who did not remember the 'Quit India Movement' for 75 years are doing so now. Kharge's attack on Modi came hours after the prime minister, while addressing an event to lay the foundation stone for the redevelopment of 508 railway stations, accused the opposition of playing «negative politics» and said now the entire country is rooting for corruption, dynasty and appeasement to 'quit India'. Hitting back at Modi, Kharge said, «Prime Minister Modi, For the last 10 years, you have only done negative politics of divisiveness.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Sunday said the previous Congress government neglected the development of railway infrastructure in the state by allotting meagre funds for it. The rail, road and air networks have grown by leaps and bounds under the leadership of Prime Minister Narendra Modi in the country, he said. Chouhan was addressing a function at Vidisha station in Madhya Pradesh.

Pros and cons Between March 2014 and March this year, the share of non-agricultural bank loans to industry, services and trade declined by almost 20 percentage points to just under 50%. Over this period, the share of consumer loans rose from 18% to 32%, according to RBI data.

New Delhi: In an initiative aimed at regulating organ donation, the government is developing a digital registry on organ transplantation to smoothen the system and make it transparent. The Organ Donation Registry is being developed by the National Health Authority (NHA) and the union health ministry following consultation with the NITI Aayog for an overhaul of the National Organ Tissue Transplantation Organization (NOTTO), which manages and coordinates organ transplantation across the country. This will help eliminate the presence of touts and middlemen.

Narendra Modi laid the foundation stone for the redevelopment of 508 railway stations across the country at a cost of ₹24,470 crore under Amrit Bharat Station Scheme. The LG expressed gratitude to the Prime Minister for including three stations of J&K Union Territory (UT)-- Jammu Tawi, Udhampur and Budgam--under the Amrit Bharat Station Scheme. Sinha said the redevelopment of railway stations in the J&K Union Territory will give huge boost to connectivity and ease of travel for passengers.

New Delhi: The Centre anticipates objections from World Trade Organization (WTO) members over the recently imposed import restriction on IT hardware such as computers and electronic items but believes the move won’t lead to the opening of a formal dispute at the international trade body, a government official said. Trade experts believe India, which imports over $8 billion of the listed products, could be dragged to the WTO for the restriction. Fears of a pushback from countries also come against the backdrop of an ongoing WTO dispute over Indian import duty on information communications technology (ICT) products with half-a-dozen countries.

Rajeev Chandrasekar said on Sunday.India has an exciting opportunity and to make that opportunity fruitful, it should focus on developing commercially and globally competitive technology, he said at an event here. «The government is fully committed to making sure that DIR-V (Digital India RISC-V) microprocessor is the Indian ISA (Instruction Set Architecture), and we are ready to back the industry in developing cutting edge competitive systems,» he said in a virtual address at the Digital India RISC-V Symposium.

national anthem, «The Star-Spangled Banner,» prior to their games in the Women's World Cup. The decision has sparked controversy and criticism in the home country of the reigning champions. The majority of USWNT players refrained from singing the national anthem during their Group E matches against Vietnam, the Netherlands, and Portugal. Their actions are a form of protest against racial injustice and police violence in North America. It is not the first time the team has taken such action, as some players kneeled during the anthem back in 2016, aiming to raise awareness about pressing social issues.

Bengal Governor CV Ananda Bose, referring to the violence in West Bengal, said on Sunday that a peace train should be started between Sealdah station in Kolkata and New Jalpaiguri Station in North Bengal, while attending foundation laying programme of Prime Minister Narendra Modi, for redevelopment of 508 railway stations across the country via video conferencing. While speaking at the programme in Sealdah Station organized by Indian Railways, the Bengal Governor referred to «violence and corruption» marring Bengal and urged the Prime Minister to request Union Railway Minister Ashwini Vaishnaw to start a Peace train from Sealdah station in Kolkata to New Jalpaiguri Station in North Bengal. Bose has opened a peace room and anti-corruption cell in Raj Bhawan.