Akshay Chinchalkar, Head of Research at Axis Securities, told ANI...
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China guides mutual funds, insurers to invest more in stocks
China will commence the second stage of a trial program for...
MFs, insurers and retail investors buy $8 billion of Indian equities in Jan as FIIs sell
A greater participation of mutual funds, insurance firms and retail...
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...
Trading dries up on Indian crypto exchanges as new transaction tax kicks in
Three exchanges -- ZebPay, WazirX and CoinDCX -- suffered declines of between 60% and 87% in the value of daily trading immediately after the 1% tax deductible at source became effective on July 1, data from CoinGecko show Warnings from Indian crypto exchanges that a...
Top billionaires lose $1.4 trillion in worst half ever
Elon Musk, co-founder,Tesla Musk, Tesla's co-founder, still has the biggest fortune on the planet, at $208.5 billion, while Amazon's Bezos is second with a $129.6 billion net worth, according to the Bloomberg Billionaires Index Elon Musk's fortune plunged almost $62...
European fund managers set to go all in on ESG, survey says
“As regional regulations become increasingly stringent and as efforts towards the development of global ESG standards intensify, managers – especially those willing to compete at a global level – will be pushed towards an all-encompassing alignment of their products...
Crypto exchanges hunker down as everything goes wrong in India
That a crypto marketplace should be in cost-cutting mode is hardly a surprise — Coinbase Global Inc. and Crypto.com have announced layoffs in the last two weeks alone — but Indian exchanges face the added burden of a new tax system that executives fear will wipe out...
Adani commits Rs 60,000 cr to philanthropy
Gautam Adani Donations to be utilized in healthcare, education, and skill development Adani's logistics-to-energy conglomerate said in a statement. The donation will be managed by the Adani Foundation New Delhi: Asia's richest man Gautam Adani and his family have...
Sebi bans bundling of MF products with insurance
`It has been observed that some of the Asset Management Companies (AMCs) are proposing to introduce bundled products and some existing MF schemes have such bundled products with insurance features in their investments schemes like SIP INSUR(Systematic Insurance...