Banking And Finance
RBI proposes to further enhance money market participation, liquidity
Mumbai: The Reserve Bank on Thursday proposed to further enhance the depth of participation and liquidity in the segment, as well as expand the participant base. Prudential limits in respect…
Multi-cap vs flexi-cap funds: Why multi-cap funds are outperforming across 1, 3 and 5 years
Recent performance trends in equity have revived a familiar comparison between multi-cap and flexi-cap categories. Multi-cap funds have delivered higher returns across 1, 3 and 5-year periods, according to Value…
I asked ChatGPT which financial mistakes people in their 40s regret the most, and it gave me a lot to think
With adult life really starting to catch up, I find myself thinking about what financial decisions could really catch me off guard in my 40s. So I asked ChatGPT just…
Should you switch SIPs to last year’s top-performing fund? This study has the answer
Many investors often shift their investments to the market-cap segment that has recently delivered the highest returns, hoping the strong performance will continue. However, an analysis of historical data suggests…
Market
HDFC Mid Cap Fund asset crosses ₹1 lakh cr in 19 years
HDFC Mid Cap Fund has entered its 20th year and has recently crossed ₹1 lakh crore in Assets Under Management. The scheme has generated a return of 17 per cent…
Sathya Agencies receives SEBI approval for ₹600 crore IPO
The Chennai-based Sathya Agencies Limited, a large consumer durables and electronics retail player, has received SEBI approval to launch its ₹600 crore Initial Public Offering (IPO). The proposed IPO comprises…
Silver falls ₹5,000, gold drops ₹2,800 in Delhi amid weak global cues
Gold prices declined by ₹2,800 to ₹1.45 lakh per 10 grams and silver by ₹5,000 in the national capital on Thursday amid subdued demand in the market and weak global…
US stock market today: Micron’s blockbuster results spark chip-stock rally; Nasdaq futures surge 2.2%
traded with solid gains in Thursday’s trade, June 25, as blockbuster earnings from Micron Technology revived the technology-led rally, which had recently come under pressure amid valuation concerns. Nasdaq 100…
Market
India may approve $370 million China-backed Horse Powertrain investment for hybrid engine production: Report
India is expected to approve an approximately $370 million investment by Horse Powertrain, a hybrid-engine company backed by China’s Zhejiang Geely Holding Group, making it one of the largest manufacturing…
Sunsol plans 2 GW solar deployment through 5,000 projects in India by 2030
Global consultancy firm Sunkonnet on Thursday said its distributed energy platform Sunsol Cleantech plans to support the deployment of over two gigawatts (GW) of solar capacity across India by 2030.…
Germany’s Merck to buy Bio-Techne for $11.3 billion
Merck KGaA has agreed to acquire biotech firm Bio-Techne Corp for $11.3 billion, the German science and healthcare firm said in a statement on Thursday. Shares of Bio-Techne rose 22…
Demagnetized giants: Why India’s corporate titans are resisting the pull of a ₹7,280-crore magnet race
On 29 June, the Indian government will figure out if a serious player is indeed interested in building rare-earth permanent magnets in India. The ₹7,280-crore production-linked incentive (PLI) scheme that…
Axis
