CM: Govt aims to establish 10k industrial units over next 5 yrs

An AMC shutting down does not mean investors lose their mutual fund units or the underlying stocks and bonds held by the scheme. Here’s what happens when a fund house closes, transfers schemes to another AMC or winds up a mutual fund.

US Treasury yields rose significantly, with the 10-year rate exceeding 4.75 percent. Rising oil prices and persistent inflation fueled expectations of a Federal Reserve rate increase. Short-term yields surged after Fed Chairman Kevin Warsh signaled potential action to control inflation. Investors are now closely watching employment and consumer price data for policy clues. Upcoming corporate…

Exhibition brings back photographer’s 20-yr-old portraits of the everyday