HDFC MF launches Manufacturing Fund
HDFC Mutual Fund has announced the launch of HDFC Manufacturing Fund, an open-ended equity scheme aiming to unlock the potential of India’s manufacturing sector by investing predominantly in equity and…
India’s top AMC SBI Mutual Fund’s AUM less than 1% of US-based Blackrock
India's top asset management companies (AMCs) such as SBI Mutual Fund (MF), ICICI Prudential MF, HDFC MF, Nippon India MF, and others rank much below than the top US AMCs…
SEBI plans to make nomination optional for joint MF portfolios
Capital market regulator SEBI has excluded investment made through ETFs and index funds from the regulations on exposure to a single stock of own group companies and nomination has been…
Nifty 50 crossed the coveted 22,000 mark for the first time
Stock market today: Domestic market benchmark Nifty 50 crossed the coveted 22,000 mark for the first time, hitting its fresh record high of 22,215.60, in intraday trade on Tuesday, February…
Nifty above 19,600 for first time since October 19
The Indian benchmark indices erased all the previous-session losses and ended on a positive note on November 15, amid buying across the sectors. At close, the Sensex was up 742.06…
RBI may raise repo rate by 50 bps
The Reserve Bank of India is likely to deliver a fourth consecutive policy rate hike this week, with a half-percentage point increase, joining global central banks that are raising rates…
Delhi-Mumbai Expressway To Propel Economic Growth In Maharashtra
Union Road Transport and Highways Minister Nitin Gadkari has said that the under construction Delhi-Mumbai Expressway, the Nagpur–Mumbai Samruddhi Mahamarg and a number of new road projects will propel further…
India shown consistent improvement in economic performance in last 4 years
Despite the massive disruptions in both demand and supply side factors as caused by the COVID-19 pandemic and further geopolitical distress, India is the only economy among the top ten…
Indian Economy To Grow More Than 9% In FY2023
According to a report, Aditya Birla Sun Life Mutual Fund’s Equity and Fixed Income Outlook for 2022, launched during a video conference on January 5, Covid has accelerated digitalisation, which…
IIP grows 11.5% in July
India’s factory output, measured in terms of the Index of Industrial Production (IIP), rose 11.5 per cent on a year-on-year basis for July, which is lower than the previous month.For…