Under the revised framework for corpus exceeding Rs 12 lakh, the...
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Surge in gold, silver prices due to geopolitical tensions, says FinMin
Minister of State for Finance Pankaj Chaudhary Gold and silver...
FPIs withdraw Rs 17,955 cr from Indian equities in Dec; total outflow at Rs 1.6 lakh cr in 2025
Over the last 12 months, the Indian primary markets have seen FII...
Allianz weighs options for AllianzGI unit, sources say
Amundi and Germany’s DWS would be logical candidates for any deal Allianz is weighing options for its Allianz Global Investors unit, including a possible merger or partial sale of the division, four people with knowledge of the matter told Reuters, in a move that...
Income disparity in India has declined 74.2% since FY14, reveals SBI study
"Our analysis shows that there has been a cumulative 74.2% decline in income disparity coverage for those earning up to Rs 5 lakh. This shows the continuous efforts of Govt are reaching the bottom of pyramid that is leading to increase in income of 'lower income...
Market Crash: Investors poorer by Rs 9.19 lakh cr in single day
"There has been no respite from FIIs selling in local equities in the current month so far, which has been creating uncertainty among domestic investors. Also, foreign investors are fleeing Indian equities to invest in relatively cheaper locations such as China,...
Sebi urges investors to deal with only registered persons & entities
"The information about authentic persons or institutions registered with Sebi is available on the website," Sebi Executive Director Manoj Kumar said Mathura: Investors must rely on persons or institutions that are registered with the Securities Exchange Board of India...
FPIs take out Rs 58,711 cr from equities in Oct, DIIs come to the rescue of stock market
The major trend in foreign portfolio flows in October, so far, has been the sustained selling by FPIs. This trend of FII selling and DII buying is likely to sustain in the near-term, the analysts added Mumbai: Foreign investors turned net sellers in October,...
Indian MF industry’s average asset under management up 2.97 pc in Sep
The SIP flows continue to back the Indian growth story. Contributions crossed the Rs 24,000 crore mark for the first time "We have seen a 10 per cent drop in overall net inflows into the equity mutual fund schemes from Rs 38,239 crore to Rs 34,302 crore," said Deepak...
Vehicle insurance, pension coverage up in India’s rural households
As per the survey, "the proportion of individuals exhibiting sound financial behaviour - such as managing money effectively, making informed financial decisions, tracking expenses, and paying bills on time — also increased from 56.4 per cent to 72.8 per cent during...
India’s 100 richest tycoons surpass $1 trillion milestone, spot: Forbes list
Mukesh Ambani, the chairman and managing director of Reliance Industries Mukesh Ambani, the chairman and managing director of Reliance Industries, has once again claimed the top position on Forbes’ 2024 list of India's 100 richest tycoons. His wealth increased by...
Catastrophe bond investors brace for major losses as Milton rages
Catastrophe bonds, or cat bonds as they’re known in the industry, are issued by insurers and reinsurers to provide financial protection against the most severe natural disasters. Investors who buy the bonds stand to make large gains if a predefined event doesn’t...
Investors’ wealth erodes by Rs 8.9 lakh cr as Sensex tumbles for sixth straight day
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 8,293.41 crore on Monday, while Domestic Institutional Investors (DIIs) bought equities worth Rs 13,245.12 crore, according to exchange data New Delhi: Market investors became poorer by Rs 8.90 lakh...