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Assets under management of retirement mutual funds jumps 256% in 5 years
ICRA said the growing awareness has led to a surge in the number of folios, which has increased by …
SEBI tightens grip to combat market abuse in mutual fund, including front-running and fraudulent transactions
The Securities and Exchange Board of India (SEBI), the stock market regulator, has issued a circula…
ANI
India to remain fastest growing major economy in 2024-25, says CEA Nageswaran
India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V An…
ANI
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
Read JD Vance's financial disclosure, which includes at least $4 million in total assets and $250,000 in bitcoin
JD Vance's net worth easily totals into the millions, following a bestselling book and a stint in v…
Brent D. Griffiths
IT department declares 363 as cost inflation index for current fiscal
The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…
PTI
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran
Financialization is the dominance of financial market expectations trends, and importantly, interes…
PTI
Invest smarter: Leverage business cycles for better portfolio returns
In the dynamic world of finance, investors are constantly seeking avenues to maximise returns while…
LIC to invest around Rs 1.30 lakh crore in stock market in FY25
LIC has exposure in 282 companies through investment in their shares as of June 30, 2024.
PTI
Gold shines as demand for safe haven asset strong; Infomerics Ratings anticipates 10% price jump this year
Historical trends, such as the surge during the Russia-Ukraine war, highlight gold's role as a safe…
ANI
Anil Ambani, Arshad Warsi- Famous names who SEBI has barred from the markets
In July this year, SEBI had barred the infamous fugitive Vijay Mallya from trading in Indian market…
Bitcoin tumbles as risk assets plunge in global market rout
Bitcoin and ethereum dropped amid a global market rout on Monday, fueled by US economic worries fol…
Kelly Cloonan
India’s ‘wealth wave’ and the stocks that are poised to gain from it
Indians are saving better, if not saving more. A lot of Indian savings are being directed to equiti…
A Goldman Sachs financial advisor shares 3 strategies for founders preparing to cash in on IPO wealth
An IPO can transform a founder's life overnight by generating a sudden cascade of wealth. A top wea…
Reed Alexander
I'm a millennial mom of 3, and I rely on my mom's financial assistance
I'm a millennial with three kids and I had to ask my mom for financial assistance. Though I feel sh…
Alyse Benoit
With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?
Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…
Jio Financials gets RBI nod to become Core Investment Company
Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a …
ANI
Mahindra Q1 net profit rises 20% at Rs 3,283 crore; revenue at Rs 37,218 crore
The company said it recorded the highest-ever Q1 volumes at around 2.12 lakh units, an increase of …