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MF equity sales fall to 31-month low
Fund houses find attracting investments difficult due to termination of SIPs, redemption pressure. The equity segment of the mutual fund sector is going through a bad phase. The gross sales of equity schemes hit a 31-month low in November. Fund managers say investors don't want to take any risk due to the hazy market outlook. According to the Association of Mutual Funds in India, gross equity sales

ETFs: Small but picking up

Even as India's first Exchange-traded fund (ETF) was launched in 2001, ETFs as a category hasn't been able to corner a sizeable share of the assets managed by the mutual fund industry. Assets under

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Retailers bet big on breakfast items
Doctors are not the only ones hardselling breakfast as the most important meal of the day. Major retail chains are increasingly stepping up the space devoted to a wide range of breakfast items.

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Groups ask Swiss to prosecute Sri Lankan diplomat

Two advocacy groups asked Swiss authorities Thursday to pursue war crime charges against a former Sri Lankan army commander now serving as a European diplomat, reflecting still-simmering Western

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UPA, NDA agree on price rise debate
After both houses of Indian Parliament were adjourned for hours on Tuesday over a ruckus by the Opposition over price rise, the ruling United Progressive Alliance (UPA) has agreed on a demand for a debate on Wednesday.

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India likely to have record castorseed production

On the back of higher acreage and firm prices, India's castorseed output is likely to see a quantum jump in 2010-11. Industry players estimate castor production to be more than 10 lakh tonnes in

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