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Individuals earning over Rs 10 cr rise by 63% in India; financial assets of high net worth individuals to nearly double by 2028

A recent report shows a significant increase in wealthy Indians, with those earning over Rs 10 cror…

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India to remain fastest growing major economy in 2024-25, says CEA Nageswaran

India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V An…

ANI   


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3 mins read

Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran

Financialization is the dominance of financial market expectations trends, and importantly, interes…

PTI   


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Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report

Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…

PTI   


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Assets under management of retirement mutual funds jumps 256% in 5 years

ICRA said the growing awareness has led to a surge in the number of folios, which has increased by …

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3 mins read

Invest smarter: Leverage business cycles for better portfolio returns

In the dynamic world of finance, investors are constantly seeking avenues to maximise returns while…

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3 mins read

Investing in India’s manufacturing sector: Opportunities and outlook

India's economic landscape is a tapestry of growth drivers, with the manufacturing sector emerging …

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India's electronics manufacturing projected to double in next five years: ICICI Direct

The first quarter earnings season in the Indian stock market is almost over, with most major listed…

ANI   


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Bitcoin tumbles as risk assets plunge in global market rout

Bitcoin and ethereum dropped amid a global market rout on Monday, fueled by US economic worries fol…

Kelly Cloonan   


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India’s ‘wealth wave’ and the stocks that are poised to gain from it

Indians are saving better, if not saving more. A lot of Indian savings are being directed to equiti…

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Union Cabinet approves expansion of agriculture infrastructure fund to boost farm growth and sustainability

In a major effort to enhance agricultural infrastructure across the country and support the farming…

ANI   


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Stock market today: Nasdaq drops 3% as weak manufacturing data renews US growth fears

Investors were disappointed by Tuesday's manufacturing data, which amplified fears that the US econ…

Filip De Mott   


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4 mins read

With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?

Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…

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Investment in equity mutual funds surge 5-fold to Rs 94,151 cr in June qtr amid robust eco environment

The robust gain in the asset base was also replicated in the growth of investors in equity mutual f…

PTI   


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Credit growth in banks continues to exceed deposits, says new SBI report

The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…

ANI   


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SEBI's proposal on new asset class for high risk takers looks promising, note experts

In its consultation paper, the regulator said the new asset class will provide a regulated product …

PTI   


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4 mins read

Economic implications of Lok Sabha Election 2024 results: Would lack of a clear majority for BJP impact India’s growth story?

Less than a week ago, India reported a remarkable GDP growth rate of 8.2% for the fiscal year 2023-…

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3 mins read

Smart financial planning: Your guide to multi-asset fund investing

"Asset allocation is the most important decision an investor can make." These are the words of Davi…

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3 mins read

India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report

Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…

ANI