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Indian government bonds rose on Thursday as investors bought after the previous session’s selloff, even as higher oil prices and U.S. Treasury yields kept gains in check following a renewed escalation in the U.S.-Iran conflict. The benchmark 6.94% 2036 bond yield fell one basis point to end at 6.7517% on Thursday. Traders cited likely buying…
India’s listed new-age ecosystem is projected to reach USD 1 trillion market capitalisation by 2030, driven by a robust pipeline of companies preparing to tap public markets, according to a report released by strategy consulting firm Redseer on Thursday. The report, Redseer India IPO Report: 2026, said the country currently has around 210 new-age companies…
Some hedge fund managers have in recent weeks posted their worst trading results in almost a year, as many got caught in crowded trades amid highly volatile markets, according to Goldman Sachs. Goldman said in a note dated Wednesday that systematic managers – sometimes called quant funds – that use algorithms to trade market trends,…
IPO-bound SBI Funds Management on Thursday exuded confidence in the largest asset manager’s Rs 11,600-crore maiden public equity offering sailing through despite prevailing market volatilities. The entity, which declared a price band of Rs 545-574 per share for the initial public offering, is looking to double the international book to USD 5 billion in three…
Buying a comprehensive car insurance policy is often seen as enough to protect against financial losses during the monsoon. But when vehicles are damaged by flooding or heavy rain, many policyholders discover that several repair costs are not covered under a standard policy. This is where optional add-ons come into play. While they increase the…
Heavy rains that lashed Delhi this week, toppling trees and damaging parked vehicles, have once again put the spotlight on an annual monsoon problem for motorists. For thousands of car owners caught in similar situations every monsoon, one question inevitably arises: Will insurance pay for the damage? The answer depends not only on the type…
Since the start of the US-Iran conflict in February, sectoral performance in the Indian stock market has been sharply divided. While some sectors have rallied, others have struggled. According to Kotak Mutual Fund’s latest report, the Nifty India Defence Index gained 18.7%, while the Nifty Capital Market Index rose 16.8% between 24 February and 30…
A 31-year-old employee of a public sector undertaking (PSU) has gone viral on Reddit after saying she is considering resigning from her government job despite having built a corpus of ₹80 lakh. In a post titled, “31F govt job, 80L corpus – want to quit for peace. Reckless or realistic?”, she explained that years of…
The West Bengal state government will release 50% of pending Dearness Relief arrears of individual and family pensioners in the Kolkata Municipal Corporation (KMC) area through banks, PTI reported citing an official notification on the same. As per the notification from the state finance department’s pension branch, pending DR arrears will be disbursed through banks…
With higher financial literacy, younger borrowers are leveraging personal loans to fund lifestyle choices, experiences, travel and discretionary spending, all while keeping their investment portfolios intact.