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Investors pour in Rs 30,350 crore in mid and small cap funds in the first half of 2024

Between April and June this year, small-caps saw inflows worth Rs 7,196.8 crore. At the same time, …

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Sectoral funds continue lapping up investor money, debt funds see massive outflows in September 2024, shows AMFI data

​​​​​Multi-cap and large and mid-cap funds saw inflows of about Rs 3,500 crore last month, followed…

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SEBI mulls measures to facilitate ease of doing business for ESG Rating Providers (ERPs)

Per the paper's proposal, ERPs won't be required to disclose ESG (environmental, social, and govern…

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The newest fad in mutual fund multiverse: Sectoral Funds. Here's why you should not over-invest in them

Between April and June 2024, equity mutual funds saw a total inflow of Rs 94,222.27 crore, out of w…

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Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections

The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.

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Global manufacturing production rapidly moving toward emerging markets like India, says IMF

The International Monetary Fund (IMF), in its latest World Economic Outlook report, has highlighted…

ANI   


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ChatGPT competitor Perplexity AI seeking to raise $500 million, eyes valuation of over $8 billion

Perplexity AI is reportedly seeking around $500 million in funding to boost its valuation to over $…

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Exodus of foreign investors from Indian markets continues unabated in October. But DIIs are holding the fort steady

Between January and October 2024, foreign investors have invested a net of 1,87,298 crore in India.…

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These tech investors are trawling UC Berkeley to fund the next Perplexity or Databricks

The House Funds invests in a conveyor belt of entrepreneurial talent coming out of the University o…

Melia Russell   


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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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Indian startup finance ecosystem still going strong, report shows over 50% growth in VC funding over last year

Indian startups secured $7.5 billion in venture capital funding from January to August 2024, markin…

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Sectoral funds rake in Rs 18,117.18 crore during the month, debt schemes see more inflows than equities, notes AMFI data for August

This takes the total tally of existing sectoral fund schemes to 179. The next category with most sc…

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Centre releases Rs 1.78 lakh crore to states for festive season, with largest shares to Uttar Pradesh, Bihar, and Madhya Pradesh

Among the other states, Andhra Pradesh received Rs 7,211 crore, Tamil Nadu received Rs 7,268 crore,…

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Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues

Mumbai's Sensex and Nifty indices fell for the sixth consecutive session, influenced by significant…

PTI   


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In an all-hands, Intel CEO addresses employee concerns about the US election and CHIPS Act funding

Intel CEO addresses employee concerns on US election impact on CHIPS Act funding, emphasizing bipar…

Helen Li   


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Passing down an inheritance? Here's how to handle these 4 complicated assets — including houses and retirement funds.

Some of the most common assets in an inheritance plan come with legal and tax complications. Here a…

Christine Ji   


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4 mins read

Meet Jeff Smith, the hedge-fund investor taking on Pfizer

Since 2011, Starboard Value's Jeff Smith has extracted board seats and profits from corporate Ameri…

Alex Morrell   


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Mumbai woman loses Rs 6 lakh to cyber fraud while trying to save Rs 5,000 — here’s how to avoid such scams

What started as a simple attempt to withdraw Rs 5,000 from an ATM ended with her losing Rs 6 lakh t…

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3 mins read

Nifty, Sensex in freefall today as Iran mounts attack on Israel. Here's what experts think you should do

The war could throw a huge spanner on India's crude oil import plans. As of August 2024, about 44.6…

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Samantha Stokes