The systematic investment plans (SIPs) were popular among investors...
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Foreign investors infuse Rs 4,452 cr in Indian equities this week, net investment in May at Rs 18,620 cr: NSDL
Despite the positive trend in May, FPIs continue to be net sellers...
Indian stock markets ends lower on Tuesday as investors book profits
The foreign institutional investors have sold Rs 477 crore worst of...
RBI likely to cut repo rate by 25 basis points for 1st time in 5 years
The potential rate cut is coming after the domestic rate-setting panel has kept the policy repo rate unchanged for the last 11 consecutive meetings -- after raising it by 250 bps between May 2022 and February 2023 New Delhi: The Reserve Bank of India (RBI), in all...
Govt reviewing crypto position due to global changes, senior official says
"More than one or two jurisdictions have changed their stance towards cryptocurrency in terms of the usage, their acceptance, where do they see the importance of crypto assets. In that stride, we are having a look at the discussion paper once again," India's Economic...
90% or more taxpayers may shift to new regime with new slabs announced in Budget: CBDT Chairman
Ravi Agrawal,Chairman, CBDT As per current data, about 74-75 per cent of individual taxpayers have moved to the new tax regime that was brought in by the government a few years back New Delhi: The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum...
Budget 2025: No income tax payable on income up to Rs 12 lakh
Finance Minister Nirmala Sitharaman In the new tax regime, the revised tax rate structure is Rs 0-4 lakh (zero tax), Rs 4-8 lakh (5 per cent), Rs 8-12 lakh (10 per cent), Rs 12-16 lakh (15 per cent), Rs 16-20 lakh (20 per cent), Rs 20-24 lakh (25 per cent), and above...
Tata AIA Life launches Shubh Muhurat
Tata AIA Life Insurance has launched Shubh Muhurat, a life insurance solution designed to help Indian families financially prepare for weddings, a major cultural and social milestone. This plan offers capital guarantee with equity exposure, long-term wealth growth,...
World’s richest people lose $108 bn after tech startup DeepSeek selloff
DeepSeek’s dark-horse entry into the AI race, which it says cost just $5.6 million to develop, is a challenge to Silicon Valley’s narrative that massive capital spending is essential to developing the strongest models. That delivered a serious blow to billionaires...
Investors lose Rs 9.28 trillion as stock markets fall for 2nd day
"Volatility geared up during the day, driven by a mix of factors such as heightened anticipation around the fiscal budget, concerns about slowing corporate earnings, and uncertainties surrounding the upcoming Federal Open Market Committee (FOMC) meeting," Ameya...
FPIs withdraw $7.44 billion from Indian equity markets in Jan
"The sustained strengthening of the dollar and rise in the US bond yields have been the principal factors driving the FII selling. So long as the dollar index remains above 108 and the 10-year US bond yield remains above 4.5 per cent, the selling is likely to...
Equity MF inflows soar to near Rs 4 lakh cr in 2024
In 2024, the total inflow into equity and equity-oriented schemes stood at Rs 3.94 lakh crore, compared to Rs 1.61 lakh crore in 2023, according to data from the Association of Mutual Funds in India (AMFI).SIPs have become a major contributor to the mutual fund...
Sebi launches digital knowledge repository ‘Dharohar’ on Republic Day
It is designed to cater to a wide audience, including students, investors, researchers, journalists, market participants and the general public offering insights into the market's diverse products, participants, and institutions Mumbai: Capital markets regulator Sebi...