Page 2 - Assets

Top headlines: Nitish resigns as Bihar CM; WhatsApp announces new features

India's fuel demand in July rose 6.1% year-on-year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Monday.

PM Modi's assets rise by Rs 26 lakh to Rs 2.23 crore; land holding donated

He has no investment in any bond, share or mutual funds, does not own any vehicle, but has four gold rings valued at Rs 1.73 lakh, according to his declaration updated till March 31.

G-20 meet: FM Sitharaman for info sharing on crypto, immovable assets

Tax evaders explore other avenues to shift their unaccounted wealth through investment in non-financial assets, Sitharaman pointed out

Railway brings assets online, to hold e-auction for commercial earning, NFR

These assets will be mapped location-wise on the portal once and the system will remember forever if it is covered for earning or not.

GST Council may defer decision on taxing crypto assets in June 28-29 meet

Fitment panel proposes deeper study by Haryana and Karnataka and asks to submit report to the panel for further deliberations

Asset monetisation

Govt should reassess the plan

Equities, cryptos, metals: Most asset classes gave negative return in 2022

These negative returns have largely been triggered by panic selling by new investors who exited in droves in the backdrop of rising interest rates, inflation worries and the geopolitical tensions

Story in Numbers: Asset growth of politicians between 2017 and 2022

This data analyses how much change these candidates reported in assets

Assets of ESG funds rise 5x in four years to Rs 12,450 crore, shows data

The data from Morningstar India shows that the fund size of ESG funds stood at Rs 12,447 crore as of March 2022, up from Rs 2,268 crore in March 2019

Oil & gas assets: Centre eyes innovative ways for asset monetisation

The centre is exploring innovative ways to monetise assets in oil and gas as well as other sectors in the ongoing fiscal year

Assets worth Rs 19,111.20 cr of Vijay Mallya, Nirav Modi, Choksi attached

The government on Tuesday said assets worth Rs 19,111.20 crore relating to fugitives Vijay Mallya, Nirav Modi and Mehul Choksi, have been attached so far. In a written reply to the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said that the three fugitives have defrauded public sector banks by siphoning off funds through their companies resulting in total loss of Rs 22,585.83 crore to the lenders. "... as on March 15, 2022, assets worth Rs 19,111.20 crore have been attached under the provisions of PMLA (Prevention of Money Laundering Act)," he said. Out of Rs 19,111.20 crore, assets worth Rs 15,113.91 crore has been restituted to the public sector banks. In addition, the minister said assets worth Rs 335.06 crore have been confiscated to Government of India. "As on March 15, 2022, 84.61 per cent of the total defrauded funds in these cases have been attached/seized and 66.91 per cent of total loss to the banks has been handed over to banks/confiscated to Government of

NaBFID to fund projects in Rs 6 trillion asset monetisation pipeline

Bank to begin work in Q1FY23; asset monetisation will free up resources that will come back to industry

Overseas investment limit of MFs must be hiked now

Delay in hiking the limit will leave doubts about the concerns that weighed on the RBI, and whether those concerns could arise again in future

Hatsun Agro Product plans to sell assets of ready-to-eat business

Hatsun Agro Product Ltd on Saturday said its board will meet on March 9 to consider a proposal to sell assets of the company's ready-to-eat business.

Equities outperform other asset classes over long periods, shows data

Since 1900, the US has been the best-performing stock market with an annualised real return of 6.7 per cent

Govt explores ways to bring home oil & gas from overseas Indian assets

Plans Rs 1,500-crore seismic surveys as part of strategy to beat global supply disruption

Budget 2022: Asset creation takes precedence over direct income enhancement

It continues to push its expenditure in infrastructure which would hopefully create further growth impulse and spur private sector to enhance its risk taking in response

Assets of passive funds surge 60% to Rs 4.7 trillion in 2021, shows data

The passive schemes include index funds, exchange-traded funds (ETFs), and fund of funds (FoFs) investing overseas

Mutual fund industry assets surge 30% to Rs 36.17 trillion, shows data

Top players, such as Axis MF, Nippon India MF, and Kotak Mahindra MF, grew their AAUM by 32-43 per cent in a year

Valuation question holds up SPV for land, asset monetisation of PSUs

The government is still finalising the valuation at which such assets will be transferred to the SPV.