The industry has doubled its total AUM over the past three years,...
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SIP inflows surpass Rs 3 lakh crore in 2025 for first time: Data
The industry’s total assets under management also grew, touching Rs...
Loans against gold jewellery recorded triple-digit growth rates since February 2025: RBI Bulletin
A sharp rise in gold-backed lending in recent months points to a...
Sensex, Nifty end FY25 with over 5% gain amid volatile trade
“Recent sessions mark a rebound from earlier declines, fuelled by renewed buying from the FIIs, who have injected over 30,000 crore in the last few trading days, shifting to net buyers,” said Krishna Appala of Capitalmind Research Mumbai: Indian stock markets ended...
Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer
Gautam Adani, founder and chairman of the Adani Group The country is home to 284 billionaires whose cumulative wealth rose by 10 per cent to Rs 98 lakh crore, or a third of the country’s GDP, the report said. Interestingly, amid the concerns on concentration of wealth...
More than a fifth of super rich want to migrate out of India Survey
The survey of 150 ultra high networth individuals said that the US, UK, Australia, Canada and even UAE due to its golden visa scheme are the favourite destinations where the rich prefer to settle down. Mumbai: At least 22 per cent super rich Indians wish to leave the...
New Income Tax Bill to be introduced in monsoon session: FM Sitharaman
The simplification exercise was guided by three core principles which include textual and structural simplification for improved clarity and coherence, ensuring continuity and certainty with no major tax policy changes and no modifications of tax rates to preserve...
Underinsurance Survey 2025: Shifting life insurance trends
Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance The survey by Bajaj Allianz Life Insurance, in collaboration with NielsenIQ, reveals a significant shift in life insurance trends, with the average age of first-time buyers dropping from 33 to 28 years. Family...
Sebi board allows investment advisers, research analysts to charge advance fees for up to a year
"In order to address those concerns, the board has decided that if agreed by the client, (IAs) and research analysts(RAs) may charge fees in advance up to a period of one year. Earlier, investment advisers IAs and RAs were allowed to charge advance fees for a maximum...
Investors’ wealth swells by Rs 27.10 lakh cr as mkts surge for 6th day
FIIs also increased their long positions in index futures, with the Long-Short ratio improving to 31.8 per cent, indicating a gradual shift towards optimism -- a factor that likely boosted sentiment in today’s session New Delhi: Markets investors became richer by Rs...
FPI outflows ebb amid easing global concerns, optimism over Ukraine war
Last week, FPIs turned net buyers on two occasions, with a significant purchase of Rs 3,181 crore on March 21 and Rs 710 crore on March 19 The Indian equity market has witnessed a moderation in FPIs' selling pressure with the outflows narrowing to Rs 1,794 crore (USD...
Senior citizens can cancel gift deed if their children fail to take care of them: HC
The bench said section 23 of the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 was designed to protect senior citizens in situations, where they transfer their property, either through a gift or settlement, with the expectation that the transferee...
FPIs withdraw Rs 30,000 crore from equities in first fortnight in March
With these, the total outflow by FPIs has reached Rs 1.42 lakh crore (USD 16.5 billion) in 2025 so far, data with the depositories showed "The recent decline in the dollar index will limit the fund flows to the US. However, the heightened uncertainty triggered by the...