A report by Motilal Oswal said that Indian equities have...
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Mutual fund industry on a high; asset surges Rs 17 lakh cr in 2024
The year 2024 saw a substantial net inflow of Rs 9.14 lakh crore,...
Net inflows in SIPs up 233 pc in India this year, MF industry sees 135 pc growth
Interestingly, the net AUM which was at Rs 49.05 lakh crore in...
Taxing cryptos income doesn’t make them legal: FM Sitharaman
Finance Minister Nirmala Sitharaman said, "I am not going to legalise it or ban it at this stage. Banning or not banning will come subsequently, when consultations give me input". About the profit emanating from transactions in cryptocurrencies, she stated that...
Investors’ wealth tumble over Rs 3.91 lakh cr as stocks slump
''Aggressive FII selling resulting from negative global cues wreaked havoc in the domestic market today. Globally markets traded in the red amid mounting concerns of surging US inflation which fuelled fears of a hawkish rate hike by the central bank,'' said Vinod...
LIC:Govt eyes to offload 5% stake sale via mega IPO
With 5 per cent, market experts peg the size of the IPO to be at around Rs 40,000 crore.The embedded value of the company is estimated to be about Rs 5.4 trillion ($72 billion), . New Delhi: India is considering selling about 5 per cent of the shares it holds in a...
Cryptos a threat to financial stability; value not even a tulip: RBI Guv
Private cryptocurrencies or whatever name you call it are a threat to our macroeconomic stability and financial stability. They will undermine the RBI's ability to deal with issues of financial stability and macroeconomic stability, Das said Mumbai: Governor...
Israel unveils $1.3 bln plan to reduce cost of living
In a televised address alongside Bennett, Finance Minister Avigdor Lieberman said the new plan, worth 4.4 billion shekels ($1.37 billion), would save the average Israeli family around 10,488 shekels ($3,270) a year Israel unveiled a $1.3 billion plan to reduce the...
99 of India’s leading financial advisors invest in Network FP to build an End-to-End Edutech Platform
India has over 3 crore families with an income of Rs 10 lakhs per annum and above. Such families need professional money managers as majority of them don't have time or required skills/knowledge to manage money, investments & insurance on their own. Network FP...
Four in every 10 euros of European fund assets now sold as ‘sustainable’ -Morningstar
Investment funds marketed as sustainable under the EU's Sustainable Finance Disclosure Regulation managed 4.05 trillion euros in assets ($4.63 trillion) at end-2021, Morningstar said in a new report. That is up from about 2 trillion euros in April last year shortly...
Indian billionaire Gautam Adani surpasses Mukesh Ambani as Asia’s richest person
Gautam Adani Adani’s sustainability claims and green ambitions are criticized by climate campaigners who point to the group’s Carmichael coal mining project in Australia, which will expand supplies of the highly-polluting fossil fuel. The Adani Group opted to use its...
Sensex tanks1023 points; heavy selling by FIIs
This is the third consecutive session of loss in the benchmark Sensex and investors have lost over Rs 7 lakh crore during this period Mumbai: The Indian equities markets benchmark Sensex slumped 1023 points on Monday due to heavy selling by foreign institutional...
India GDP estimated at Rs 147.5 lakh crore in FY22: Chaudhary
Minister of State for Finance Pankaj Chaudhary In FY 2020-21, Minister of State for Finance Pankaj Chaudhary said that as a major part of its policy response to the pandemic, the government while providing a safety net to the vulnerable sections of the society...