Sectorally, the brokerage expects a revival in private capital...
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Scheduled commercial banks allowed to become sponsors of Pension Funds
This will enhance competition and safeguard subscriber’s interests....
Investors’ wealth surges by Rs30.20 lakh cr in 2025 as stock markets post decent gains
"Despite outflows continuing to be an issue for foreign investors,...
NSE adds 1 crore investors in 5 months, total goes up to 10 crore
The investor base has seen more than 3-time jump in the last five years, facilitated by rapid growth in digitisation, rising investor awareness, financial inclusion and sustained market performance New Delhi: The National Stock Exchange (NSE) on Thursday said its...
Household savings moving towards alternative investment avenues: RBI
Alternative investment avenues are becoming more attractive to retail customers and as a result banks are facing challenges on the funding front with deposits trailing loan growth,RBI Governor Shaktikanta Das Referring to the recent incidence of unprecedented IT...
RBI holds rates again; focused on bringing down inflation to target
Shaktikanta Das, Governor, Reserve Bank of India Resilient and steady economic growth in India is allowing the central bank to focus on bringing inflation down towards its 4% medium term target, said RBI Governor Shaktikanta Das, emphasising that price stability is...
Global selloff: Sensex and Nifty nosedive, Investors’ wealth eroded by Rs 17.11 lakh crore
Global markets were in the deep red on Monday as the US economic slowdown weighed heavily on the financial markets Mumbai: Equity market benchmark indices Sensex and Nifty crashed over 3 per cent each on Monday in line with extremely weak trends in global markets amid...
FPIs invest Rs 32,365 cr in equities in July on continued policy reforms
According to the data with the depositories, Foreign Portfolio Investors (FPIs) have made a net inflow of Rs 32,365 crore in equities in July. This came following an inflow Rs 26,565 crore in June driven by political stability and the sharp rebound in markets Before...
World’s richest lose $134 billion in stock slump, led by Amazon’s Bezos
Jeff Bezos, founder,Amazon Investors have also become jittery over fears that this year’s AI-fueled gains are overdone or the market is too concentrated Jeff Bezos’s net worth shrank by $15.2 billion Friday, leading a wide-ranging slump that erased $134 billion from...
India may take 75 years to reach one-quarter of US income per capita: World Bank
The road ahead has even stiffer challenges than those seen in the past: rapidly ageing populations and burgeoning debt, fierce geopolitical and trade frictions, and the growing difficulty of speeding up economic progress without fouling the environment, said the...
New record of over 7.28 cr income-tax returns filed: Tax dept
"Out of the total ITRs of 7.28 crore filed for AY 2024-25, 5.27 crore have been filed in the new tax regime compared to 2.01 crore ITRs filed in the Old Tax Regime," the tax department said in a statemen NEW DELHI: A new record of over 7.28 crore income tax returns...
BNP Paribas in talks to buy AXA Investment Managers for 5.1 bln euros
This represents a major strategic move for AXA, Europe’s second-biggest insurer, as it aims to focus on its core businesses: life insurance, savings, property and casualty policies as well as health insurance Paris: BNP Paribas is in exclusive talks with French...
VC investment in India surge in April-June as China faces huge decline
The IPO market in India continued to be robust. The capital markets saw all-time highs during Q2’24, feeding the appetite of venture companies looking to raise funds in the public markets New Delhi: Venture capital (VC) investment in India surged considerably to $4...