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According to the Reserve Bank of India report, mutual funds attracted 6% of household savings in FY2023 and less than 1% went into direct equities. Almost 95% of household savings in India park their money in bank deposits, including fixed deposit, provident fund, PPF, life insurance, and various small savings schemes.
Art Fund sponsors the Museum of the Year award (known as the Gulbenkian Prize from 2003 to 2007 and the Art Fund Prize from 2008 to 2012). This is a £100,000 prize awarded annually to the museum or gallery that had the most imaginative, innovative or popular project during the previous year.
A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of a federal state) composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds are entities that manage the national savings for the purposes of investment.
India has been a non permanent member of the UN Security Council for eight terms (a total of ongoing 16 years), with the most recent being the 2021–22 term. India is a member of G4, group of nations who back each other in seeking a permanent seat on the Security Council and advocate in favour of the reformation of the UNSC.
Political funding in India is a major concern under need for electoral reforms in India. The financing of the world's most extensive electoral process remains a perplexing issue, as the involvement of businesses in supporting both disclosed and undisclosed expenditures during elections has been a matter of public knowledge for a considerable period.
In October 2020, NIIF Funds of Funds committed to Somerset Indus Healthcare India Fund, an affordable healthcare fund. In April 2022, NIIF Fund of Funds made its first commitment to a venture fund, YourNest Innovative Products VC Fund III. It made a USD 15 million commitment and was the anchor investor in the Fund.
According to the Iranologist Laurence Lockhart, Nader Shah understood that he could fund his aspirations of expansion "with the spoils of India" because "the almost continual campaigns of the past few years had caused famine in Persia and brought her to the verge of bankruptcy." However, another Iranologist, Ernest S. Tucker, argues that "Long ...
Association of Mutual Funds in India, abbreviated as AMFI, is the association of all the asset management companies of SEBI registered mutual funds in India. History. It was incorporated on 22 August 1995, as a non-profit organisation. As of now, 44 Asset Management Companies that are registered with SEBI, are its members.
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