Debt mutual fund flows turn negative at Rs 8,127 crore in August. What drove the outflows?
Debt mutual fund flows turn negative at Rs 8,127 crore in August. What drove the outflows?
Debt mutual fund flows turn negative at Rs 8,127 crore in August. What drove the outflows?
Initial public offering (IPO) activity in India is gathering pace, with companies raising around ₹22,400 crore through 26 August. More issues could hit the market before 30 September, when the one-year validity of Sebi approvals for several companies is set to expire. Since IPO-bound companies do not have a listed-market track record or exchange trading…
Nebius shares surged nearly 22% on Wednesday after the cloud-computing company beat quarterly revenue estimates, driven by booming demand for AI infrastructure, larger contracts and higher prices, Reuters reported. The stock traded between $216.11 and $235.96 after opening at $226, compared with its previous close of $193.23. Nebius reported its results a day after its…
A large chunk of Prashant Kishor’s financial portfolio is parked in fixed deposits, much more than what he has invested in equities. FDs offer the comfort of predictable returns and relatively low risk, but also mean a bigger tax bill as interest income accumulates. So, how much could this FD-heavy strategy cost him in taxes?…
Losing a smartphone can mean losing access to personal data, banking apps and important contacts, making it crucial to report the loss quickly. Users report millions of missing or stolen devices every year, but government data shows that only a fraction of them are eventually recovered. According to Central Equipment Identity Register’s (CEIR) dashboard, 59…
The central government has complete power with a clear mandate, but directives from the Centre have to be executed well at the state level. So, there are many things that are still not in Modi’s hands, says Raamdeo Agrawal, Joint Managing Director, Motilal Oswal Financial Services in an interview with Narendra Nathan and Sanket Dhanorkar….
A rise in home loan interest rates presents borrowers with a choice that can affect their finances for years. They can increase their equated monthly instalment (EMI) to repay the loan faster, or extend the repayment tenure to keep monthly outgo under control. While the second option offers immediate relief, it can increase the total…