SEBI asks mutual funds to disclose information ratio of schemes

2024 09 30T162223Z 892901826 RC2YU9AD6NNI RTRMADP 3 INDIA REGULATION MUTUAL FUNDS

Industry body Amfi will have to ensure that such disclosure will be available on its website in a comparable, downloadable (spreadsheet) and machine-readable format. File | Photo Credit: Reuters To bring more transparency in disclosures made by AMCs and aid better decision-making by investors, Securities and Exchange Board of India (SEBI) on Friday (January 17, …

Read more

Markets snap 3-day winning run on selloff in Infosys, ICICI Bank; Sensex slumps over 400 points

2025 01 10T051757Z 882289176 RC2DWAAFW2PB RTRMADP 3 INDIA EXCHANGE BSE

From the 30-share blue-chip pack, Infosys dropped nearly 6% despite raising its annual sales forecast for a third time this fiscal year. File | Photo Credit: Reuters Key benchmark indices Sensex and Nifty slipped into negative territory on Friday (January 17, 2025) after a three-day rally, dragged by selling pressure in Infosys, ICICI Bank and …

Read more

Weaker rupee to push India’s import bill, says Global Trade Research Initiative

2023 10 03T081356Z 1973896573 RC2VK3AQ2SMK RTRMADP 3 GLOBAL FOREX

Photo used for illustration purpose only. | Photo Credit: Reuters The weaker rupee will push the country’s import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank Global Trade Research Initiative (GTRI) said on Friday (January 17, 2025). Citing an example, it said …

Read more

Markets log gain for 2nd day; Sensex climbs over 200 points

2024 11 11T112457Z 956461667 RC272Z9KQ8YL RTRMADP 3 INDIA STOCKS ECONOMIC SLOWDOWN

Image for representational purposes only | Photo Credit: Reuters Benchmark indices Sensex and ticked higher for the second straight session on Wednesday (January 15, 2025), buoyed by buying in bellwether stock Reliance Industries, Zomato and Kotak Bank amid a largely firm trend in global markets. However, elevated crude oil prices in the international markets and …

Read more

Opposition Rubbishes NDA Budget With "Kursi Bachao" Tag

noimageplaceholder

The first budget of Prime Minister Narendra Modi’s third term has been received with disdain by the newly-strengthened Opposition. While the Congress has been sharp in its criticism, its INDIA bloc allies have been unanimous that this is a “kursi bachao (save the chair)” budget. The term has been coined by Mamata Banerjee’s Trinamool Congress, …

Read more