CS Setty,Chairman,State Bank of India On the long‑standing demand...
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Direct equity buying by investors moderate, households route savings via mutual funds: NSE report
The report noted that after witnessing net investments of Rs 1.7...
PFRDA constitutes 9-member panel to review and modernise NPS investment framework
It will benchmark these norms against global pension systems and...
Japan to give crypto assets legal status as financial products, Nikkei says
As part of the move, crypto assets will be put under insider trading restrictions that prohibit buying and selling based on undisclosed internal information, the Nikkei said TOKYO: Japan's Financial Services Agency (FSA) plans to revise the Financial Instruments and...
FPIs pour Rs 31k cr in equities in 6 sessions on attractive valuations, macro
The shift from sustained selling to modest buying indicates a change in FPIs' strategy, influenced by factors such as attractive valuations after a 16 per cent correction from the September 2024 peak, the recent appreciation of the rupee, and favourable macroeconomic...
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...