Bonds were once an unfamiliar investment avenue for most retail investors. The rise of online bond platform providers (OBPPs), however, has made them easier to discover, understand and access. Retail bond turnover has grown sharply, with monthly volumes now crossing ₹2,000 crore, according to Suresh Darak, founder of FixedAlpha.com, an investment platform.
Many non-resident Indians (NRIs) continue to invest in Indian equities and mutual funds to maintain exposure to the country’s relatively diversified market, with representation across FMCG, information technology, automobiles, oil and gas, financial services and pharmaceuticals. NRIs and overseas citizens of India (OCIs) are allowed to invest in Indian securities, though the process comes with…
Gold and silver prices: The price of the yellow metal in India’s retail market rose on Monday, 17 August, amid ongoing uncertainty over the US-Iran conflict in the Middle East. The US Central Command Commander Adm Brad Cooper on Sunday acknowledged mental health challenges aboard the USS Lincoln after reports that a sailor jumped overboard…
Japan‘s Nikkei share average struggled for direction on Monday, as a halt in United States attacks on Iran pushed oil prices lower, though investors avoided aggressive bets ahead of key earnings this week. The benchmark Nikkei fluctuated between gains and losses and was last down 0.22% at 64,472.09. The broader Topix rose 0.51% to 4,031.75….
For taxpayers subject to a tax audit, 30 September and 31 October are two separate compliance deadlines for AY 2026-27. The tax audit report must be filed by 30 September, while the deadline for filing the income tax return (ITR) is 31 October. ITR-3 applies to individuals and HUFs with business or professional income, while…
Mumbai: State-owned Nabard rejected offers received for its ₹8,000-crore bond issue Tuesday after investors demanded yields in excess of 7.60% for a tenure of five years. Nabard’s bond was one of the largest proposed issuances in more than a month. The lender planned to borrow around 7.40% – 7.45%, market participants said. The withdrawal highlights…
Mumbai: Carnelian Capital is entering the private equity business with plans to launch a ₹1,500-2,000 crore fund, betting that a shortage of growth capital for mid-sized Indian companies has created an attractive investment opportunity that larger buyout firms are increasingly overlooking. The investment manager, which oversees about ₹18,300 crore across portfolio management services and alternative…