The regained strength on Monday, 8 June, amid a sharp rebound in chip stocks, even as escalating tensions in the Middle East pushed oil prices and bond yields higher. S&P…
Author: Admin
Indian markets are resilient, but near-term risks are rising
Indian equities entered FY27 on a relatively firm footing, supported by improving domestic demand, healthy March-quarter earnings, and record GST collections of Rs.2.43 lakh crore in April. The manufacturing PMI…
Air India may introduce ‘no meals’ tickets on domestic flights to cut fares
Air India is considering introducing a new ticket category that would allow passengers to travel without paying for onboard meals. The proposal is currently under consideration and, if approved, will…
SEBI reviews broker net-worth norms, weighs IPO auction reforms
The Securities and Exchange Board of India (SEBI) is reviewing capital requirements for stock brokers and examining reforms to price discovery mechanisms for IPOs and relisted securities as part of…
JM Financial MF plans shift to interest income strategy for bonds, exec says
India’s JM Financial Mutual Fund plans to shift its investment strategy towards earning interest income from bonds while reducing “duration risk” as it expects the central bank to begin raising…
Eruditus bets on B2B push in US, Europe as mature markets anchor B2B growth
The Singapore-based executive education platform, Eruditus, is focusing on expanding its business-to-business vertical in the US and Europe, according to company co-founder Chaitanya Kalipatnapu. “The US and Europe are at…
Radhika Gupta flags India’s dropping fertility rate; calls childcare crucial for GDP growth — ‘Female workforce matters’
Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund, flagged India’s declining fertility rate, which is now below the replacement rate, and posed a serious question for the Indian…
India banks could raise $35-$40 billion via RBI’s foreign currency deposit scheme, PNB CEO Ashok Chandra says
MUMBAI: India’s expects the banking sector to raise $35 billion to $40 billion via foreign currency deposits under a scheme announced by the central bank on Friday, a top executive…
Do you have to pay tax on your NRE deposit interest? Key rules NRIs should know
NRE accounts are a type of bank account available to Non-Resident Indians (NRIs) for parking income earned outside India. Funds in a non-resident external account are maintained in Indian rupees…
Nifty Midcap150 Momentum 50: This index combines mid-cap potential with momentum factor
Mid-cap stocks are known for having a higher growth potential than large-cap stocks. On the other hand, the strategy focuses on stocks that are already showing strong price performance and…