Dalal Street had a roller coaster ride in 2024 from shattering record after record to facing heavy correction off-late but equity markets still rewarded investors with positive returns, driven by a surge in domestic fund flows and a resilient macro
The upcoming Navi Mumbai International Airport is set to be functional from early next fiscal year with the expected inauguration of the facility on April 17, a senior Adani Group official said on Sunday. Photograph: Screengrab courtesy, GVK’s official video
When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Over the years there has been an influx of fund managers – they
After opening on a positive note, the Nifty advanced further during the early part of Friday’s trading session, briefly surpassing the 23,813 level. However, it failed to overcome the resistance in the 23,900-24,000 range, slipping into weakness from the highs
Deepak Shenoy, Founder and Chief Executive Officer (CEO) of Capitalmind, a financial advisory firm, wants the Reserve Bank of India (RBI) to increase the limit for mutual funds investing in foreign stocks by over 10 times to $50 billion. The
The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies in the world and the headwinds
‘During his stint as prime minister, he got 270 million people out of poverty.’‘This, according to the World Bank, is the fastest compression of poverty anywhere in the world.’ Arvind Mayaram, the former finance secretary, recalls his encounters with Dr
Around six weeks ago, Sun Pharmaceutical Industries, India’s largest drugmaker, suffered a setback, which led to a selloff in the share. Photograph: Francis Mascarenhas/Reuters The US District Court of New Jersey granted Incyte’s request for a preliminary injunction against Sun
‘He will be remembered more for what he did as finance minister — as someone who functioned well when the political fallout was taken care of.’ IMAGE: Then prime minister Dr Manmohan Singh in Kolkata. Photograph: Rupak De Chowdhuri/Reuters The
S Naren, Executive Director and Chief Investment Officer of ICICI Prudential AMC, shared his optimistic outlook on Real Estate Investment Trusts (REITs) and office spaces. He emphasized that the best way to leverage these opportunities is through asset allocation via
