Shriram General Insurance Company (SGIC) has entered into a...
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Sebi mulls expanding scope of unpublished price-sensitive information
In its consultation paper, Sebi has proposed that only agreements,...
Indian stock market remains on consolidation path, DIIs absorb heavy selling
DIIs have been a strong buyer absorbing the selling and mitigating...
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...
FPIs pump Rs 33,700 cr in Indian equities in Sept amid US rate cut
With this, FPIs investment in equities reached Rs 76,572 crore so far this year. Since June, FPIs have been consistently buying equities. Before that, they pulled out funds to the tune of Rs 34,252 crore in April-May New Delhi: Foreign investors have injected close to...
Rebounding Economy: Global money is chasing Indian stocks again as bull run extends
India has increasingly been touted as the next engine of global growth as China’s economy falters amid a lack of strong stimulus, a property crisis and persistent deflationary pressures. Abhishek Vishnoi and Winnie HsuOverseas funds are piling money into Indian...
Sensex surges to record high, investors gain Rs 6.24 trillion
"Markets were on a roll on the back of across-the-board buying as the US interest rate cut has triggered a downward spiral in both Indian and US bond yields, making India's financial assets more attractive," Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd,...