“investor base stood at 11.3 crore at the end of Mar’25 adding 2.1...
Category:
Wealth Management/ Philanthropy
Latest
Large-cap funds delivered better returns than Nifty; Small-cap funds struggled in March: Report
It said “Out of the 298 open-ended equity diversified funds, about...
Gold demand in India declined 15% in Q1-2025 amid high prices: WGC
Gold prices have risen 25 per cent since the beginning of 2025,...
FPIs adopt cautious stance ahead of Budget; take out Rs 17,000 cr from equities in Jan
Overall, foreign portfolio investors (FPIs) have pulled out Rs 1.21 lakh crore from the Indian equity markets in 2022, following aggressive rate hikes by the central banks globally, particularly the US Federal Reserve, volatile crude, rising commodity prices and the...
Inflow in gold ETFs drops 90 pc in 2022; asset base, investors account grow
''A rising price (of gold) probably puts some pressure on investors, with a lot of people holding back their investments while they wait for a correction. A rising interest rate structure coupled with inflationary pressures that the economy has been witnessing for...
Mutual funds’ SIP collection jumps 31 pc to Rs 1.5 lakh cr in 2022 on higher retail participation
The 42-player mutual fund industry mainly depends on SIPs for inflows, with equity mutual funds attracting Rs 1.6 lakh crore in 2022, way higher than Rs 96,700 crore seen in 2021 The consistent monthly increase in SIP flows have helped the industry to add Rs 2.2 lakh...
India may become the sixth largest insurance market in the world by 2032: Swiss Re Report
India will become the sixth largest insurance market in the world in terms of premium volume by 2032, up from 10th largest in 2021 Life insurance profitability in India to benefit from rising interest rates. Pandemic-related claims continued to impact life insurers’...
India’s richest 1% own more than 40% of total wealth: Oxfam
Since the pandemic begun to Nov 2022, billionaires in India have seen their wealth surge by 121 per cent or Rs 3,608 crore per day in real terms, Oxfam said On the other hand, approximately 64 per cent of the total Rs 14.83 lakh crore in Goods and Services Tax (GST)...
Networth of richest-1% double of rest of world: Oxfam
During the past decade, the richest 1 per cent had captured around half of all new wealth, it added, while noting that extreme wealth and extreme poverty have increased simultaneously for the first time in 25 years. ''Women and girls often eat least and last, and make...
Household wealth optimism collapses, global survey shows
Globally, only 40% agreed with the statement "my family and I will be better off in five years" compared to 50% a year before, with advanced economies most downbeat: the United States (36%), Britain (23%), Germany (15%) and Japan (9%). Barely two in five people...
India’s GDP nearing to $20 trillion, per capita income at $10k by 2047, says Bibek Debroy
New Delhi: India's GDP will be close to USD 20 trillion by 2047 and per capita income may reach USD 10,000 (at current value of USD), Bibek Debroy, chairman, Economic Advisory Council to the Prime Minister, said on Wednesday. Virtually addressing the inaugural session...
RBI favours prohibition of unbacked crypto assets
The framework proposes that authorities should have appropriate powers, tools and resources to regulate, supervise, and oversee crypto assets activities and markets, both domestically and internationally, proportionate to the financial stability risk they pose," the...
Equity investors turn richer by Rs 16.36 lakh crore in 2022
In 2021, equity investors reaped handsome rewards as their wealth grew nearly Rs 78 lakh crore while Sensex gained 10,502.49 points or 21.99 per cent. Mumbai: Dalal Street investors became richer by more than Rs 16.36 lakh crore this year as the equity market scaled...