The shift from sustained selling to modest buying indicates a...
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Sensex, Nifty end FY25 with over 5% gain amid volatile trade
“Recent sessions mark a rebound from earlier declines, fuelled by...
Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer
Gautam Adani, founder and chairman of the Adani Group The country...
FPIs invest Rs 49,250 crore in August on strong corporate earnings
FPIs had turned net buyers for the first time in July, after nine straight months of massive net outflows, which started in October last year. Between October 2021 and June 2022, they sold a massive Rs 2.46 lakh crore in the India equity markets. Himanshu Srivastava,...
Europe’s markets watchdog calls for a rethink of region’s ESG investing rulebook
At issue is the tendency of fund managers and their clients to treat the EU’s disclosure regime as an ESG labeling system. As a result, investing clients are often left with the impression that funds within a given disclosure category will deliver positive...
Equity investors poorer by over Rs 6.57 lakh crore in two days
''While correction was overdue for sometime after the recent upsurge, fresh concerns of a likely hawkish stance by the US Fed in its September meet and strengthening dollar index turned investors jittery and triggered a massive fall in banking, IT, metal and realty...
Sales of luxury homes in Jan-Jun across 7 cities surpass demand in full 2021
As per the data, sales of luxury homes were 25,680 units during January-June 2022, which is higher than 21,700 luxury flats sold in the entire 2021 calendar year across seven major cities --Delhi-NCR, MMR, Bengaluru, Pune, Hyderabd, Chennai and Kolkata Sales of luxury...
Mutual funds- Debt fund continue to see outflow; equity schemes gain in Jun qtr
Debt mutual funds continue to see outflow; investors withdraw Rs 70,000-cr in Jun qtrInvestors continued to withdraw from mutual funds focused on investing in fixed-income securities for third consecutive quarter and pulled out over Rs 70,000 crore in April-June due...
Sebi joins account aggregator ecosystem
Under the framework, Financial Information Providers (FIPs) in the securities market, like depositories and asset management companies (AMCs) -- through their Registrar and Transfer Agents or RTAs -- will provide financial information pertaining to securities markets...
Sensex reclaims 60,000 mark after 4 months, investors richer by Rs 25 trillion
"Declining US inflation, confidence that the Fed need not have to aggressively raise rates and the increasing probability of a soft landing of the US economy are supporting this rally. In India, steadily declining inflation, strong growth momentum in the economy and...
Rakesh Jhunjhunwala’s near $4-bn stock holdings in focus after death
Rakesh Jhunjhunwala Jhunjhunwala's top holdings by market value include Star Health & Allied Insurance Co., footwear maker Metro Brands Ltd. and automaker Tata Motors Ltd. Jhunjhunwala held stakes of more than 10% in Star Health, IT firm Aptech Ltd. and videogame...
India Inc expected to give 10 pc hike in 2023; highest in APAC: Report
“Last year saw actual salary increments being higher than budgets and this was largely due to better-than-expected business performance and the need to retain talent. Despite the economic headwinds, higher projections for 2023 reflect cautious business optimism and a...
Fairfax-backed 5-yr old Go Digit General Insurance files DRHP with Sebi for IPO
Prem Watsa, CEO, Fairfax The proceeds from its fresh issuance are worth Rs 1250 crore and will be utilised for the augmentation of the company’s capital base and maintenance of solvency levels and general corporate purposes Fairfax owned by Indian born Canadian...