"Gold witnessed its sharpest one-day decline in over a decade this...
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Gold ETFs record 6-fold jump in Sep inflows amid geopolitical tensions, price rise: Report
Net assets under management for Gold ETFs surged to Rs 90,135.98...
Canara HSBC Life IPO sees tepid response; subscribed 6 pc on day 1
The retail individual investors (RIIs) category was subscribed 9...
FPIs return to Indian equities; infuse Rs 22,766 cr in first two weeks of Dec
Looking ahead, the flow of foreign investments into Indian equity markets will hinge on several key factors. These include the policies implemented under Donald Trump's presidency, the prevailing inflation and interest rate environment, and the evolving geopolitical...
FIIs turn buyers, invests Rs 24,453 crore in Dec first week
In October, the total FIIs selling through exchanges was Rs 113,858 crore. In November, the amount declined to Rs 39,315 crore. New Delhi: In a clear change of strategy, the foreign institutional investors (FIIs) have turned buyers, and the stage of relentless FII...
Indian billionaires more than doubled to 185,their total wealth almost tripled to $ 905.6 bn in last 10 yrs, says UBS report
From 2015 to 2020, billionaire wealth grew globally at an annual rate of 10%. Since 2020, the global average has stalled at 1%. But that number masks continued expansion in the US,EMEA and parts of Asia, most notably India, ``Billionaire Ambitions Report 2024''...
Amundi SA eyes acquiring control of Allianz Global Investors
Rising costs and pressure on fees are prompting asset managers to seek further scale. Many of the biggest players in Europe are still owned by banks or insurers, and often lack the scale to compete with US fund houses and alternative investment firms that have enjoyed...
Canara Bank gets RBI nod for life insurance & MF stake divestment
Reserve Bank of India on Thursday has accorded approval to our bank for divesting its shareholding in Canara Robeco Asset Management Company Ltd and Canara HSBC Life Insurance Company Ltd by 13 per cent and 14.5 per cent, respectively through Initial Public Offer...
‘Digital gold’ Bitcoin surpasses $1,00,000 for first time, may reach $120,000 soon: Experts
According to Vishal Sacheendran, Head of Regional Markets at Binance, the cryptocurrency market is experiencing a surge in optimism as governments and institutions worldwide begin to embrace blockchain technology, paving the way for broader adoption and investment in...
StanChart sets $200 billion new wealth assets target, focuses on Chinese and Indian wealthy
StanChart’s assets under management sourced from wealthy Chinese and Indians with global needs rose by about 40% and 20%, respectively, in the 12 months ending September, its data shows. LONDON/HONG KONG: Standard Chartered (StanChart) will target $200 billion in new...
Take care of your health first: Mark Mobius tells Gen Z investors
“I recommend maybe 10 per cent, or maybe even 20 per cent of gold in your portfolio. But 10 per cent would be just good. But at the end of the day, you're better off with stocks, with equities as well,” suggested ace global investor Mark Mobius New Delhi: As the GenZ...
Learn from Indian women how to invest in gold and silver: Jim Rogers
According to a recent report by the World Gold Council (WGC), the demand in India surged 18 per cent (year-on-year_ to 248.3 tonnes in the September quarter due to a rise in jewellery consumption and investment in gold New Delhi: As the prices of gold and silver...
FPIs’ selling spree continues in Nov at Rs 21,612 cr
According to the data, FPIs recorded a net outflow of Rs 21,612 crore in November. This came following a net withdrawal of Rs 94,017 crore in October, which was the worst monthly outflow New Delhi: Foreign investors pulled out Rs 21,612 crore ($ 2.56 billion) from the...