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Bandhan AMC has pared back duration across several of its fixed-income funds as the latest RBI Monetary Policy Committee (MPC) minutes have increased the risk of future rate hikes and altered the market’s earlier assumption of a benign monetary policy stance. Suyash Choudhary, CIO – Fixed Income at Bandhan AMC, said the minutes of the…
India’s non-banking financial companies (NBFCs) appear to be entering a more broad-based phase of cyclical recovery, with first-quarter FY27 results pointing to improvement across growth, asset quality, margins and operating leverage. The recovery is also beginning to feed into earnings expectations, with upgrades coming earlier than typically seen at this stage of the financial year….
Do you drive your car for less than 10,000 km annually? Then, you can possibly reduce your own damage (OD) premium for your car insurance by up to 30% by choosing the ‘Pay As You Drive (PAYD) option. PAYD is a usage-based ‘add-on’ that links a portion of your OD premium to the distance you…
European shares rose on Friday, as French stocks rebounded from the previous session’s selloff, while investors assessed Federal Reserve Chair Kevin Warsh’s speech at Jackson Hole. The pan-European STOXX 600 index closed 0.5% higher at 655.16 points, posting a modest weekly gain after two consecutive weekly declines. France’s CAC 40 firmed about 1% after sliding…
Oil prices settled lower on Friday, also down for the week as traders evaluated hints about the U.S. Federal Reserve Bank’s inflation-fighting policy and rumors of a possible agreement on shipping through the Strait of Hormuz. Brent crude futures settled at $89.31 a barrel, down 39 cents, or 0.43%. West Texas Intermediate crude futures finished…
Gold prices reversed course and fell over 3% on Friday, as traders increased bets on an interest rate hike after Federal Reserve Chairman Kevin Warsh‘s remarks on curbing inflationary pressure. Spot gold was down 2.9% at $4,567.23 per ounce by 01:44 p.m. EDT (1744 GMT), its lowest level since August 20. U.S. gold futures for…
A fresh look at the U.S. labor market in the coming week along with quarterly results from semiconductor company Broadcom will test a market rally that has lifted stocks near record highs. The S&P 500 posted a weekly gain, putting the benchmark index slightly more than 1% away from its August 13 all-time high. A…
Indian equities recovered on Friday after a two-day losing streak, with technology stocks leading the rebound. The gains came as investors returned to beaten-down IT shares, while easing crude prices and improving global cues provided some support. The BSE Sensex rose 330.91 points, or 0.43%, to close at 77,264.51, while the NSE Nifty gained 84.80…
The 8th Pay Commission will soon complete ten months since its constitution on 3 November 2025. The consultation, discussion and administrative functioning of the commission have now entered its business end, with the commission building up towards its upcoming meeting in Jaipur on 31 August and 1 September 2026. The last date of form submission…
Do you have ₹50,000 lying dormant in your savings account? Do you wish to turn it into ₹1 lakh? Have you devised a strategy for this to ensure the fastest possible doubling of your savings? It is essential to keep in mind that the applicable interest rates, compounding frequency, and the actual investment period make…