India’s gold exchange-traded funds (ETFs) saw net inflows of $233...
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Amid rising HNIs, wealth management firms in India to grow 20%+ over next 3 years: Jefferies
The report also noted that the high-net-worth individual (HNI)...
Equity MF inflows decline 25% MoM in Aug’25; NFO activity slows sharply: JM Financial
The sharp fall was largely attributed to a weaker new fund offering...
U.S. Fed slashed interest rates by half a point in its first cut since 2020, more expected
Fed Chair Jerome Powell Policymakers see the Fed's benchmark rate falling by another half of a percentage point by the end of this year, another full percentage point in 2025, and by a final half of a percentage point in 2026 to end in a 2.75%-3.00% range Washington:...
Rate cut to be based on long-term inflation trajectory: RBI Governor
Shaktikanta Das, Governor, Reserve Bank of India I would like to sort of step back and look more carefully at what is the future trajectory of inflation and growth, and based on that, we will take a decision," Reserve Bank of India (RBI) Governor Shaktikanta Das...
Indians earning over Rs 10 crore per annum up 63 %, Rs 5 crore per annum up 49 %: Centrum
"The wealth of rich Indians is growing at a rapid pace; between FY19 and FY24, the number of Indians earning over Rs50 mn grew by 49 percent to 58,200, while those earning over Rs100 mn increased by 63 percent to around 31,800," said the report New Delhi: The number...
India’s household debts surge on back of housing loans, rising trend of unsecured lending
As per the report, as of FY23, India's household debt has reached 38 per cent of GDP, reflecting a growing trend in household leverage. The report noted that the household debt is linked to real estate, such as homes and properties and it is driven by investment...
Sebi introduces centralized fee collection mechanism for investment advisers, research analysts
Under this mechanism, clients will pay fees to Investment Advisers (IAs) and Research Analysts (RAs) , through a designated platform or portal administered by a recognised Administration and Supervisory Body (ASB), the regulator said in a circular Mumbai: Market...
FPIs inject Rs 27,856 cr in equities in Sep so far on US rate cut expectations
Foreign Portfolio Investors (FPIs) have been consistently buying equities since June. Before that, they pulled out Rs 34,252 crore in April-May New Delhi: Foreign investors have infused Rs 27,856 crore in domestic equities in the first fortnight this month, owing to...
Institutional investors put in bids worth Rs 2,300 cr for GIC Re OFS
Based on indicative price of Rs 395.03 for the bids, institutional investors put Rs 2,284 crore bids for GIC Re shares as of 3:20 pm on Wednesday. Retail investors will get to bid in the OFS on Thursday New Delhi: Institutional investors on Wednesday placed bids...
Govt to sell 7% stake in GIC Re tom, to mop up Rs 4,701 cr
“Retail investors and GIC employees can bid on Thursday. The government will divest 3.39 per cent equity with an additional 3.39 per cent as green shoe option,” Secretary, Department of Investment and Public Asset Management, posted on social media platform X ...
India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran
V Anantha Nageswaran, Chief Economic Advisor "Unprecedented levels of public and private sector debt, some visible to regulators and some not, economic growth dependent on continued increase in asset prices to offset the leverage that have built up and hence a massive...
FPIs inflow in equities drops to Rs 7,320 cr in August on higher valuations
In August, FPIs invested Rs 7,320 crore in equity compared to Rs 32,365 crore in July. They infused more than 11,366 crore in the Indian debt market, pushing the net inflow tally in the debt segment to more than the Rs 1 lakh crore mark in 2024 to date, according to...