Despite the positive trend in May, FPIs continue to be net sellers...
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Indian stock markets ends lower on Tuesday as investors book profits
The foreign institutional investors have sold Rs 477 crore worst of...
Stock markets log biggest single-day rise after suspension of India-Pak hostilities, zooms almost 3000 pts
"Confluence of positive geopolitical and economic developments –...
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...
Income tax exemption might be extended to Rs 5 lakh in budget, say sources
For persons in the age bracket of 60-80 years, the exemption limit is Rs 3 lakh and for senior citizens above 80, it is Rs 5 lakh. New Delhi: The government is likely to enhance the income tax exemption limit to Rs 5 lakh from the existing Rs 2.5 lakh in the...
India emerges as leading investment destination
Among the sectors, the billionaires favour energy, possibly due to today’s supply constraints and the accelerating secular transition to renewables ”This year’s report highlights how many of the wealthiest in society see it as their responsibility to lead the way,...
FPIs invest Rs 11,557 cr in equities in Dec; COVID updates to drive flows in near term
'Concerns about COVID spread in China is a sentiment negative and the strong economic data from the US indicate continuation of the hawkish stance of the Fed which is pushing bond yields up and equities down. Only reversal of this trend will trigger a rebound in the...
Mutual funds see muted 2022; expect better days in new year
The assets under management (AUM) of the mutual fund industry rose by 7 per cent or Rs 2.65 lakh crore in 2022. This was way lower than a surge of nearly 22 per cent or an increase of close to Rs 7 lakh crore in the asset base seen in 2021, data from the Association...
Sebi initiates study of fees, expenses charged by mutual funds
The policies would seek to balance the need for facilitating financial inclusion, encouraging new participants, leveraging economies of scale, encouraging adoption of technology, discouraging cross subsidisation across schemes, closing arbitrage opportunities if any,...
India will take 20 yrs, 8-9% growth to become developed nation: Rangarajan
In order to reach the level of an upper middle-income country, the per capita income will have to be at a minimum of USD 13,205 and that will take more than two decades of strong growth of between 8 to 9 per cent to achieve it. Achievement of a USD 5 trillion economy...
Fund bosses vent ‘Mass Frustration’ as ESG tumult grips industry
Managers running the funds affected are now talking openly of the “chaos” they say has hit the investment management industry. The chief cause, they say, is a regulatory framework whose confusing rollout just blasted a $125 billion hole through the very top of the ESG...
Investors become poorer by Rs 5.78 lakh cr in two days of market fall
''Global markets extended their rout as the European Central Bank (ECB) and Bank of England (BoE) followed the Fed in raising policy rates by half a per cent while maintaining a hawkish tone on inflation. The aggressiveness of central banks in combating inflation has...
Tata AIA Life Insurance expands new fund Offering Suite
Tata AIA Life Insurance (Tata AIA) has announced range of new funds including Emerging Opportunity Fund, that will invest in mid-cap companies and emerging market leaders with the potential to generate significant future growth. The applications for ULIP plans with...