As per latest AMFI data, gold exchange-traded funds (ETFs)...
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SIP inflows at new record high of Rs 31,002 crore in Dec: AMFI data
Amid rising participation from Gen Z, women and households from...
How Indians are earning, investing, and building wealth
A sharp rise in ITR-3 and ITR-2 filings shows that more people are...
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...
FPIs withdraw Rs 27,142 cr in 3 trading sessions on geopolitical tensions
According to the data, FPIs made a net withdrawal of Rs 27,142 crore from equities between October 1 and 4, with October 2 being a trading holiday New Delhi: Foreign investors turned net sellers in October, offloading shares worth Rs 27,142 crore in just the first...
Per capita income in India to increase by at least $2,000 in 5 years: FM Sitharaman
Nirmala Sitharaman, Union Finance Minister "India finds itself amid the global geopolitical repositioning effort which has been going on. This repositioning can act as a structural force to India's advantage by creating robust supply chains with countries with...
Investors lose Rs10 lakh crore amid Middle East conflict, Sensex plunges 1800 points
According to market experts, the domestic market took a sharp downturn following Iran’s launch of ballistic missiles at Israel, sparking fears of retaliation and escalation into war. This could potentially drive up oil prices and lead to inflationary pressures, they...
Sebi decides to introduce new asset class; ‘MF Lite’ framework for passive funds
Madhabi Puri Buch,chairperson, Sebi The board cleared 17 proposals, including an amendment to insider trading rules to clarify the definitions of ‘connected person’ and ‘immediate relative’ and relaxed eligibility criteria and compliance requirements for investment...
Sensex crashes by 1,272 points, investors lose Rs 4 lakh crore
The foreign institutional investors (FIIs) turned net sellers as they sold equities worth Rs 1,209 crore on September 27, while domestic institutional investors extended their buying as they bought equities worth Rs 6,886 crore on the same day Mumbai: Indian equity...
Banks struggle to mobilise deposits, C-D ratio hits 80%
Alternative investments and substantial cash holdings in the unorganised sector slowed deposit accumulation, particularly in rural areas, RBI said New Delhi: Banks struggled to mobilise large deposits to meet the increasing credit demand in the last two financial...
Indian mutual fund industry set to cross 50 mn unique investors
The systematic investment plans (SIPs) reached fresh highs as monthly contributions via SIPs hit Rs 23,547 crore in August, against Rs 23,332 crore in the previous month Mumbai: The mutual fund industry in the country saw assets under management (AUM) surging to Rs...
Quad Cancer Moonshot: PM Modi announces $7.5 million support to fight cervical cancer
Narendra Modi, Prime Minister The Cancer Moonshot is a White House initiative to bring renewed leadership to the fight against cancer, facilitate new collaborations, and drive progress across the cancer journey utilizing all facets of the oncology community - federal...
Total AUM for Indian gold ETFs climbs to Rs 374 billion by the end of August
Total assets under management (AUM) for Indian gold ETFs climbed to Rs 374 billion (~USD 4.4 billion) by the end of August, marking an 8 percent month-on-month increase and a 54 percent year-on-year rise. So far in 2024, net inflows into Indian gold ETFs have reached...