Mumbai, May 29 (IANS) Chief Minister Devendra Fadnavis on Friday said that Maharashtra, which is strongly positioned to lead the Artificial Intelligence (AI) revolution, will spearhead development in this sector not only in India but globally in the near future. This is due to Mumbai’s financial prowess, technological expertise, robust start-up ecosystem, and readiness to adopt emerging technologies.The Chief Minister made these remarks during an interview at the inauguration of ‘Mumbai Tech…
Latest Fund of Funds News & Updates
Mumbai, Feb 26 (IANS) The Securities and Exchange Board of India (SEBI) on Thursday discontinued the solution-oriented mutual fund category, which includes children’s and retirement funds, and announced a major overhaul of mutual fund categorisation rules to bring more clarity and transparency for investors.The markets regulator said that the solution-oriented category stands discontinued from the date of the circular.Existing schemes under this segment will immediately stop accepting fresh su…
New Delhi, Jan 7 (IANS) Business chamber PHDCCI has, as part of its wishlist for Union Budget 2026–27, sought easier access to finance at lower interest rates and a reduction in the regulatory burden, to cut costs for the MSME sector, which is driving growth and employment generation in the economy.Micro, Medium and Small Enterprises (MSMEs) hold the key to catapulting India’s economy to a 10 per cent growth path, according to a statement issued by the PHD Chamber of Commerce and Industry (P…