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CPSE ETF anchor subscription oversubscribed

Wednesday, March 20, 2019, 7:39 PM

The fifth tranche of CPSE ETF managed by Reliance Mutual Fund anchor book was oversubscribed by 5.78 times against anchor base issue size of 1,050-crore. "The CPSE ETF is trading at very attractive valuations. As of February-28, the dividend yield of the Index was as high as 5.52% compared to 1.25% for the Nifty 50" , said Vishal Jain, Head ETF, Reliance Mutual Fund.
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Pakistan Unveils Tax Cuts, Incentives To Boost Growth

Thursday, January 24, 2019, 7:36 AM

Pakistani Finance Minister Asad Umar unveiled a package of measures to boost exports and investment and help Islamabad address a severe balance of payments squeeze that has forced it to turn to the IMF for help. "Until there is investment, country's economy cannot move forward," he told parliament above the jeers of opposition lawmakers. "This is not a budget, it is a reform package."
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Gadkari Urges Private Companies To Invest In Expressways, Waterways

Sunday, December 16, 2018, 8:28 PM

Union Minister Nitin Gadkari urged private companies to invest in expressways, waterways, irrigation projects and 'Clean Ganga Mission'. He asked the industry to contribute funds for the mission and help create employment for the local populace. By March-end, nearly 80% of the river would be clean and in the following year Ganga would be fully clean, he added.

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