Elevated volatility, geopolitical concerns, and cautious...
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Sebi asks regulated entities, agents to disclose registation no. on social media platforms while posting contents
"With the rapid increase in the use and acceptance of social media,...
Marsh exploring selling its financial risk manager and life insurance broker for high-net-worth individuals in Asia
PCS provides financial risk management and life insurance services...
Investors lose Rs 9.28 trillion as stock markets fall for 2nd day
"Volatility geared up during the day, driven by a mix of factors such as heightened anticipation around the fiscal budget, concerns about slowing corporate earnings, and uncertainties surrounding the upcoming Federal Open Market Committee (FOMC) meeting," Ameya...
FPIs withdraw $7.44 billion from Indian equity markets in Jan
"The sustained strengthening of the dollar and rise in the US bond yields have been the principal factors driving the FII selling. So long as the dollar index remains above 108 and the 10-year US bond yield remains above 4.5 per cent, the selling is likely to...
Equity MF inflows soar to near Rs 4 lakh cr in 2024
In 2024, the total inflow into equity and equity-oriented schemes stood at Rs 3.94 lakh crore, compared to Rs 1.61 lakh crore in 2023, according to data from the Association of Mutual Funds in India (AMFI).SIPs have become a major contributor to the mutual fund...
Sebi launches digital knowledge repository ‘Dharohar’ on Republic Day
It is designed to cater to a wide audience, including students, investors, researchers, journalists, market participants and the general public offering insights into the market's diverse products, participants, and institutions Mumbai: Capital markets regulator Sebi...
Foreign investors continue selling in Indian stocks, equities worth Rs 19,759 crore sold this week: NSDL Data
Akshay Chinchalkar, Head of Research at Axis Securities, told ANI that about $7 billion has been retracted year-to-date. He highlighted several factors including Trump's expected second term, high U.S. treasury yields, and a thriving dollar as key reasons for the...
China guides mutual funds, insurers to invest more in stocks
China will commence the second stage of a trial program for insurers’ long-term equity investments in the first half of this year, with an amount of at least 100 billion yuan ($13.7 billion), Wu also said at the briefing. China is guiding local mutual funds and...
MFs, insurers and retail investors buy $8 billion of Indian equities in Jan as FIIs sell
A greater participation of mutual funds, insurance firms and retail investors in the Indian stock market has made India one of the top five markets globally despite waning ownership of foreigners New Delhi: The Indian equity market’s reliance on domestic investors has...
Budget FY25-26 : Taxpayers seek income tax cuts – Survey
Grant Thornton Bharat, Partner, Akhil Chandna said an increase in NPS tax deduction limits and more flexible NPS withdrawal rules would certainly promote retirement savings in the hands of taxpayers New Delhi: As many as 57 per cent of individual taxpayers want taxes...
India’s AUM of wealth management industry to expand by $1.6 trillion over FY24-29: Deloitte report
The report estimates that demand for wealth management services in terms of assets under management (AUM) will almost double, climbing from US$1.1 trillion in FY24 to US$2.3 trillion by FY29 New Delhi: Deloitte India’s latest report, “Financial Wealth Management...
Billionaire wealth across the globe surged by $ 2 trillion in 2024 to $ 15 trillion
Wealth of billionaires in Asia increased by $ 299 billion in 2024, Oxfam said while predicting that there will be at least five trillionaires within a decade from now The billionaire's wealth grew in 2024 at an average of $ 5.7 billion a day, while the number of...