This exodus of foreign money from the Indian markets could be...
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Investors become poorer by Rs 12 lakh cr in three days of market fall
"Consolidation may persist in the near term, yet investors are...
SIP inflows in India cross Rs 26,000 crore mark for 1st time in December: AMFI
Along with the SIP, mutual fund (MF) folio also surged to 22.50...
Indian retail equity investment can continue for the next couple of decades: Morgan Stanley
Ridham Desai, managing director, Morgan Stanley India Company Despite a record rise in trading by retail investors over the past eight years, Indian households remain “dramatically” underweight in the asset class, with stocks comprising only 5%-6% share of their...
Indian billionaire Gautam Adani overtakes Bill Gates to become the world’s fourth-richest person
Gautam Adani Adani’s net worth surged to $112.5 billion on Thursday, surpassing that of the Microsoft co-founder by $230 million, according to the Bloomberg Billionaires Index Indian billionaire Gautam Adani has overtaken Bill Gates to become the world’s...
Stock market investors richer by over Rs 9.76 trn in five days
"The return of FIIs into domestic equity markets in the last few sessions coupled with receding commodity prices and hopes that US Fed may not go for aggressive rate hikes in its next meeting has somewhat tempered the fears of investors," Shrikant Chouhan, Head of...
Australia’s Suncorp Group sells ITS banking unit to ANZ
Australian banks are grappling with rapidly rising interest rates and falling house prices that’s spurred some investors to reevaluate lenders’ outlooks. The deal hands the lender control of one of the country’s largest retail banks that’s also based in the...
RBI wants govt to prohibit cryptocurrencies: Sitharaman
Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman said, any legislation for regulation or for banning such currencies can be effective only after significant international collaboration on evaluation of the risks and benefits and evolution of...
Axis MF scandal set to hit $465-bn asset management industry
Mutual funds, which fall somewhere between high-risk stock trading and low-return bank deposits, have offered an attractive proposition to both young and risk-averse older investors in India. The industry has grown nearly five-fold in the last decade, with over 37...
Cost-Of-Living crisis to hit women hardest: Report
Saadia Zahidi, managing director at the forum, say women have been disproportionately affected by the cost-of-living crisis following labour market losses during the pandemic and insufficient “care infrastructure” — such as for the elderly or children A cost-of-living...
Sebi mulls making ‘market risk factor disclosures’ to help investors
The official further said most of the research material available in the market has been prepared by the market participants who have their own business interests in mind and therefore it could be a great idea if the regulator itself makes public its insights from...
Asset management companies add 51 lakh new investor accounts in June quarter
According to the data, the number of folios with 43 fund houses rose to 13.46 crore in June 2022 from 12.95 crore in March 2022, registering a gain of 51 lakh during the three-month period. The industry crossed a milestone of 10 crore folios in May 2021 Mumbai: Asset...
Equity MFs see Rs 15,498-cr inflow in June amid volatile stock mkt
The lower quantum of net inflow from the previous month could be attributed to investors adopting the cautious path given the ongoing challenges to the investment environment New Delhi: Equity mutual funds witnessed a net inflow of Rs 15,498 crore in June amid...