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2 mins read
FPIs withdraw nearly Rs 20,000 crore from equities in the last 5 trading sessions, make a beeline for China and US
Foreign investors pulled nearly Rs 20,000 crore from Indian stocks this month, driven by China's ch…
5 mins read
Mutual fund AUM crosses the Rs 60 lakh crore mark, SIP nos. and AUM touch all-time highs
As AMFI data further revealed, the number of new SIPs registered in June 2024 stood at a staggering…
5 mins read
Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.
Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…
Ayelet Sheffey
4 mins read
Trump's crypto allies boast lavish lifestyles amid trail of debts
Donald Trump is the face of a new cryptocurrency business. Its key employees have a past littered w…
Katherine Long
5 mins read
Short-term investing: Options to park your money if you have a time horizon of one year or less
While the purpose of investing is to grow your money, where you invest depends on the time horizon …
3 mins read
The new normal: Emergency funds to cover six months of expenses not enough anymore say financial planners
The experience during the pandemic changed us in several ways. We realised the importance of health…
3 mins read
I was $180K in debt after not learning about money growing up. My kids will learn from my mistakes.
Growing up there was no talk about money and I didn't get financial literacy at school. I'm making …
Kimanzi Constable
4 mins read
A millennial DINK couple gave up a combined six-figure income to take an adult gap year. They loved it.
A millennial couple quit jobs they loved in Canada to embark on a six-month break from work that th…
Maria Noyen
4 mins read
Meet the Gen Xers and boomers retiring with 6 figures of student debt that threatens their Social Security and savings
Some Gen X and boomer student-loan borrowers are staring down a retirement crisis where their savin…
Ayelet Sheffey,Juliana Kaplan
1 min read
Adani Group looks to raise $750 mn via syndicated loans from five European banks
The Adani Group is looking to raise $ 750-800 million through syndicated loans from five European b…
4 mins read
A millennial who made $170,000 secretly working two remote jobs says it helped him pay off about $50,000 in student loans
An Arizona-based millennial said secretly working a second remote job doubled his income and helped…
Jacob Zinkula
2 mins read
Inflows into equity MFs hit 1-year high in March on robust SIP and thematic fund investments
Inflows into equity-oriented mutual funds hit a 12-month high in March 2023 at ₹20,534 crore aided …
2 mins read
The 'debt debasement' trade is ramping up as the US adds $1 trillion to the national debt every 100 days, Bank of America says
The US is taking out another $1 trillion in debt every 100 days, Bank of America strategists estima…
Jennifer Sor
2 mins read
SEBI orders special audit of Franklin’s six debt funds – with ₹30,800 crore wealth locked in, wary investors demand reopening
The Securities Exchange Board of India (SEBI) has ordered a special audit of the six debt funds shu…
4 mins read
A personal finance expert answers the most troubling questions about Franklin Templeton mutual funds
“At the same time, mutual funds, especially in the fixed income segment, are facing continuous…
1 min read
Companies are issuing tons of debt to pay their private equity owners and their investors
US firms offloaded $8.1 billion worth of junk-rated loans to pay investors last month, surging past…
Yuheng Zhan
2 mins read
JM Financial says will fully cooperate with Sebi in probe into public issue of debt securities
JM Financial Ltd has said it would fully cooperate with capital market regulator Sebi in its invest…
PTI
1 min read
Enforcement Directorate conducts searches against Franklin Templeton in Mumbai, Chennai
The Enforcement Directorate is conducting searches at some places linked to asset manager Franklin …
PTI
3 mins read
My fiancé was laid off months ago, and he's in debt. I'm now overworking myself to make ends meet.
Her fiancé was laid off and struggles to find a new job, so she's been overworking herself to compe…
Kelsey Herbers
2 mins read
August has been a watershed month for mutual funds with cumulative inflows crossing ₹20,000 cr
August has been a watershed month for the mutual fund industry with total assets of the industry to…