Chandigarh, July 31(IANS) Punjabis and rich food are not an unusual combination. But the Punjab government has asked the centre to spare more funds for food so that children in government schools across the state can get a better ‘mid-day meal’.
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July 31 (Bloomberg) — Equity funds attracted $9.52 billion in the week ended July 29, the most in more than a year, boosted by better-than-expected corporate earnings and economic data, EPFR Global said.
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Mutual funds took in $11.05 billion for the week ended June 22, up sharply from the $6.6 billion they netted the previous week, the Investment Company Institute said. The inflows were the highest since the week ended June 17, when long-term mutual funds took in $11.1 billion.
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July 30 (Bloomberg) — The House today approved legislation providing $636.3 billion for defense in fiscal year 2010, including funds for at least four weapons programs the Obama administration doesn’t want.
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July 31 (Bloomberg) — Manulife Financial Corp. and four current and former executives of Canada’s largest insurer are being sued by two pension funds in Quebec and Ontario for misrepresenting the company’s risk-management strategies, the National Post reported .
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San Bernardino County plans to make about $3 million in federal grant money available for programs aimed at reducing homelessness. The funds will go for rental assistance, utility assistance and motel vouchers to residents who may be at risk of becoming homeless.
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A Senate subcommittee has approved $300,000 in federal funds for a proposed Women’s Bone Health Center at Erie County Medical Center.
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Read about green shoots and overshoots and how to whip inflation with funds, all in this week’s Mutual Funds and ETF stories.
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Guernsey has become known as a major destination for domiciling and administrating investment funds, in particular alternative investment funds such as private equity, hedge funds and property funds.
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SHAH ALAM, July 30 (Bernama) — The People’s Movement Against Corruption (GERAK) today submitted documents on an alleged misappropriation of Selangor state funds by a Pakatan Rakyat elected representative, amounting to RM375,000, to the Malaysian Anti-Corruption Commission (MACC).
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