New Delhi, March 1 The mutual fund industry has seen significant growth in assets under management (AUM) — from Rs 5.89 lakh crore in May 2008 to Rs 53.4 lakh crore in March 2024, a report showed on Saturday. The steady increase in the share of mutual funds in Indian household savings, from 7.6 per […]
New Delhi Microsoft CEO Satya Nadella said that he is thrilled to see bonds grow between India and the US. Speaking at the 76th Republic Day celebration in Seattle, US, Nadella said the bond is strong because of shared democratic values by both countries. The event was organised by Indian Consulate in Seattle. “Looking forward, […]
S&P Global Ratings on Thursday forecast global economic expansion of 3 per cent in 2025 as growth slows in the US, China, and the Eurozone continues to recover, and emerging markets find their footing. “With easing inflation, resilient labour markets, and sturdy consumer spending bolstering economic activity in most developed markets, we expect steady growth […]
Giving Prime Minister Narendra Modi’s economic policies a big thumbs up, Jim Rogers, a veteran global investor known for his expertise and strategic insights, told IANS on Thursday that for decades, the Central governments talked about a lot of good things but they never really meant it. However, in the last couple of years, things […]
About 984 venture capital (VC) funding deals were announced in India during January-October 2024, and the total disclosed funding value of these jumped by 44.4 per cent YoY to $9.2 billion during the same period, according to a report on Friday. The report by GlobalData, a data and analytics company, showed a year-on-year (YoY) improvement […]
Washington, Nov 26 US President-elect Donald Trump on Monday announced his intention to sign orders on his first day in office in January that will impose a 25 per cent tariff on all goods from Mexico and Canada unless they stop the flow of illegal immigrants and fentanyl drugs through their countries into the United […]
Mumbai, Nov 25 The Indian benchmark indices surged on Monday in the early trade, with Sensex crossing 80,000-mark after the landslide victory by the BJP-led MahaYuti alliance in Maharashtra. The Sensex was up 1,173.91 points or 1.48 per cent at 80,291.02, and the Nifty was up 367.00 points or 1.54 per cent at 24,274.30. About […]
The US Federal Reserve has slashed interest rates by 25 basis points amid cooling inflation and a weakening labour market, marking the second rate cut in this easing cycle. “Since earlier in the year, labour market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward […]
New Delhi, Aug 12 Slamming the latest Hindenburg allegations as not merely frivolous but cheap antics, market experts on Monday said the US short-seller has nothing substantial to talk about even 18 months later. Sushil Kedia, Founder and CEO, Kedianomics, said that the short-selling firm Hindenburg was exposed 18 months ago when they made big […]
Mumbai, Aug 11 The Association of Mutual Funds in India (AMFI) on Sunday slammed the latest Hindenburg report against SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch, saying the US short-seller is trying to create a trust deficit in market ecosystem. In a statement, the AMFI said that external comments on the markets […]