The SIP flows continue to back the Indian growth story....
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Vehicle insurance, pension coverage up in India’s rural households
As per the survey, "the proportion of individuals exhibiting sound...
India’s 100 richest tycoons surpass $1 trillion milestone, spot: Forbes list
Mukesh Ambani, the chairman and managing director of Reliance...
India seeks regulatory fast track for LIC as it gears up for the country’s largest IPO
The Securities and Exchange Board of India (SEBI) has been urged to complete its vetting process in less than three weeks instead of the 75 days it usually requires,sources said NEW DELHI: The Indian government has asked regulators for a swift review of Life Insurance...
Nearly 30,000 Bitcoin millionaires wiped in last 3 months
"A combination of factors such as regulatory scrutiny, turbulent markets, geopolitical unrest, and Covid combined with having an adverse effect on the asset's performance. However, despite the volatile start to the year, a number of analysts continue to laud the asset...
Govt eyes LIC listing on stock exchanges by March end: DIPAM Secy
"LIC disinvestment amount will be included in this year's (Budget) because we aim to list it before March 31," Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey told PTI New Delhi: The government will list the country's largest...
Equity indices open in red, Sensex down by 1020 points
Indian shares slid about 1.5% on Thursday, in line with weakness in broader Asia, as the U.S. Federal Reserve's signal to steadily tighten policy soured global investor sentiment The fall in Dalal Street wiped off nearly Rs 4 trillion worth of investor wealth in early...
Sensex nosedives 1,546 pts; Nifty tanks below 17,200
Indian markets opened negative following mixed Asian market peers as investors look ahead to US Fed meeting and rising geopolitical uncertainty. During the afternoon session, they further sold off as indices fell well below psychologically crucial levels. Mumbai:...
Equity indices open in red, Sensex down by 251 points
As the countdown to the Union Budget 2022-23 has begun, the Indian equities market is likely to remain volatile during the week beginning Monday Mumbai: Equity indices opened in red on Monday with the Sensex down by 251.33 points and Nifty down by 79.20 points. The...
Nasdaq 100’s unrelenting declines ring a dot-com bust alarm bell
Down almost 12% in January, the Nasdaq 100 is on course for its worst month since the 2008 global financial crisis. On any four-day basis, the current streak of 1% drops was the first since 2018. “If you just look at those two prior instances, right after 9/11 was a...
Global crypto market suffers $1-trillion loss as Bitcoin crashes
Given their relatively high volatility and valuations, cryptocurrencies' increased co-movement could soon pose risks to financial stability especially in countries with widespread crypto adoption, according to IMF research New Delhi: Bitcoin was hovering at $35,000...
Amid risk aversion in equities, Bitcoin plunges to lowest level since Aug
Virtual coins have become emblematic of a retreat in speculative investments sparked by the prospect of tighter monetary policy in the U.S. Bitcoin of late has tracked swings in technology stocks, which have been under pressure, with the Nasdaq 100 tumbling into a...
Britain to curb marketing of crypto investments
“We are concerned that too many consumers are just ‘clicking through’ and accessing high-risk investments without understanding the risks involved,” the FCA said. The planned rules cover high-risk investments such as cryptoassets, including cryptocurrencies such as...