"The availability of diverse investment products, such as mutual...
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High crypto investors seek bodyguards to deter kidnappers
People with crypto wealth face unique physical risks because public...
Why can’t Centre formulate ‘clear cut’ policy to regulate cryptocurrency? asks SC
“Why does Centre not come out with a clear cut policy on regulating...
FPIs inject Rs 1.7 trn into Indian equities in 2023, uptick in flows in Dec
The year 2023 has witnessed massive investment by FPIs, thanks to the sharp uptick in inflows of Rs 66,134 crore in December. Going forward, FPI flows are expected to be robust. However, their allocation is likely to be selective, said Kislay Upadhyay - smallcase...
2024: Equity market set for eventful journey on LS polls, interest rate trajectory
In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent Mumbai: With tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with...
IPO ahoy! 54 of 59 issues return 45% in 2023; just 4 trading below issue price
Analysts say strong macroeconomic fundamentals, political stability, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the...
Once synonymous with poverty, Odisha eyes high-income status by 2036
The latest Multidimensional Poverty Index report released by NITI Aayog reveals that Odisha along with Uttar Pradesh, Bihar, Madhya Pradesh and Rajasthan has recorded the steepest decline in poverty in terms of health, education and standard of living conditions...
All in a year: Equity market investors turn richer by Rs 80.62 lakh crore in 2023
Experts said India's strong macroeconomic fundamentals, political stability owing to the BJP's success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next...
Wealth Management: Record year for India’s $585 billion Mutual Fund industry
As the unforeseen gift of a pandemic-led boom in retail investing keeps on giving, and India’s $4.1 trillion equity market continues to grow — benchmark indexes are poised to cap a record eighth year of gains — industry veterans see mutual funds attracting a bigger...
Mutual funds roar back in 2023: Rs 9 lakh cr surge in asset base on strong mkts, eco growth
Investors have shown confidence in SIPs, with inflows surging to an impressive Rs 1.66 lakh crore in the year. This has surpassed the entire amounts for 2022 (Rs 1.5 lakh crore), 2021 (Rs 1.14 lakh crore), and 2020 (Rs 97,000 crore) Monthly inflows through SIP, which...
FPIs pour 57,300-cr in equities in Dec on political stability, robust economic growth
The robust inflow from FPIs into the Indian stock markets can be attributed to various factors. Primary among these are political stability and positive sentiments prevailing in the Indian markets,said Himanshu Srivastava, Associate Director- Manager Research,...
Govt grants one-time exemption to LIC to achieve 25 pc MPS in 10 yrs
LIC stock jumped over 7 per cent to reach its 52-week high in morning trade on Friday after getting a one-time exemption to achieve 25 per cent Minimum Public Shareholding (MPS) within 10 years. The stock climbed 7.25 per cent to reach its 52-week high of Rs 820.05 on...
Reliance biggest wealth creator, Adani Ent top all-round creator: Study
The study, based on stock market performance of companies, said for the fifth time in succession, Reliance emerged as the largest wealth creator, adding Rs 9,63,800 crore wealth over 2018-23 It was followed by Tata Consultancy Services (Rs 6,77,400 crore wealth...