Finance Minister Nirmala Sitharaman “When women gain financial...
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Next frontier:Unlocking women’s financial adoption in India
With 75 million working women poised to unlock an Rs2.8 lakh crore...
Stock market crash wipes out Rs 4.98 lakh cr from investors’ wealth
Elevated volatility, geopolitical concerns, and cautious...
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...
Wish to bring as many Indians into market ecosystem to help in wealth creation: Buch
"'… a system that is efficient but is exclusive does not serve the nation. We wish for our market ecosystem to be inclusive and to bring as many citizens of the country into the fold and into the opportunity of wealth creation for our nation," Sebi chairperson Madhabi...
Fund raising from capital markets to jump 21% to Rs 14.27 trn in FY25: Buch
Buch said in the past nine months of the current fiscal, entities have mobilised Rs 3.3 trillion in equity and Rs 7.3 trillion from the debt markets, with the overall mop-up reaching Rs 10.7 trillion. Mumbai: Overall fundraising from capital markets, including through...
FPIs withdraw Rs 22,194 crore in Jan amid weak earnings outlook, rising dollar
This exodus of foreign money from the Indian markets could be attributed to multitude of factors, such as expectation of yet another weak earning season, concerns over the tariff war under Trump's presidency, slowdown in GDP growth, still high inflation numbers and...
Investors become poorer by Rs 12 lakh cr in three days of market fall
"Consolidation may persist in the near term, yet investors are closely watching the US non-farm payroll data today for further guidance," Vinod Nair, Head of Research at Geojit Financial Services, said Foreign Institutional Investors (FIIs) offloaded equities worth Rs...
SIP inflows in India cross Rs 26,000 crore mark for 1st time in December: AMFI
Along with the SIP, mutual fund (MF) folio also surged to 22.50 crore in December, from 22.02 crore in the previous month. New Delhi: Monthly systematic investment plans (SIPs) surpassed the Rs 26,000 crore mark for the first time in the month of December, showcasing...