The overall net assets under management (AUM) of the mutual fund...
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91pc of individual traders lose money in equity derivatives in FY25 Sebi study
The study indicated that the net losses of individual traders...
Number of poor rising wealth getting concentrated in hands of some rich, says Gadkari
Nitin Gadkari, Road Transport and Highways Minister "Slowly the...
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...
FPIs flood Indian equity markets, infuse Rs 1.5 lakh crore in 2023 despite global uncertainty
Going forward, as the general elections approach next year, political stability and economic growth will become focal points for foreign investors. Besides, global cues on the inflation and interest rate scenario would dictate the flow of foreign money into Indian...
Small cities to play key role in achieving resolve of developed India by 2047: PM Modi
The government is committed to saving money for urban families, be it exemption in income tax or low-cost treatment. The inclusion of crores of urban poor in the Ayushman Bharat initiative has helped them save Rs 1 lakh crore on medical expenses. Medicines were made...
By 2047, India to remain a lower middle country if growth remains 6%: Rajan
"We will start the process of aging at some point around that time, which leads to the alarming question if we don't grow faster, we will grow old before we grow rich, which means we all have all the burdens of an aging population to deal with also at that point,"...
Investors richer by Rs 2 lakh cr as Sensex scales 71,000-peak
Optimistic trends in global markets after the US Federal Reserve kept its key interest rate unchanged and signalled rate cuts next year along with continuous foreign fund inflows have been fuelling the rally in stocks Foreign Institutional Investors (FIIs) bought...
Modi seeks to revive hinterland finance hub with new sweeteners
New rules that will likely take effect in April next year will allow direct equity listing of Indian firms at GIFT City – those that aren’t already listed at exchanges in India – K Rajaraman, chairperson, International Financial Services Regulatory Authority (IFSCA),...
Crypto, insurance-linked and trend hedge funds most popular – Preqin
Hedge funds making use of algorithms to catch market trends, or commodity trading advisers saw $13.1 billion of net cash inflows, Preqin said. Niche strategies, which make up 2% of the industry (by assets), saw a net $11 billion in inflows during the same time frame,...
Mutual funds’ SIP collection soars to Rs 1.66 lakh cr in 2023; lower ticket size to push inflow
Earlier this month, Sebi Chairperson Madhabi Puri Buch said the regulator is working with mutual funds to make SIPs of Rs 250 viable for the general public, leading to increased investments Investors are placing significant bets on systematic investment plans, or...
Nifty, Sensex break all records on Monday opening
After a brief two-day consolidation, the Nifty resumed its upward trajectory, advocating for a recommended trading strategy to retain long positions with a trailing stop-loss mechanism. Opening at 70,024.52, the Sensex surged 201.43 points, setting the tone for a...