The number of asset management companies (AMC) have increased over the years. This makes it difficult for product differentiation in the equity space, as funds typically invest within the universe of 500 stocks comprising large-caps, mid-caps and small-caps. It is, therefore, not surprising to see AMCs creating different products to woo investors. A differentiating product…
Spot gold rose 0.3% to $3,333.67 per ounce as of 0245 GMT. Gold rose on Friday after US President Donald Trump announced new tariffs on Canadian imports and broader tariff threats to other trading partners, but gains were capped by a stronger dollar amid mounting signs of turmoil in global trade landscape. Spot gold rose…
The rupee pared initial gains and settled for the day down 5 paise at 86.36 (provisional) against the US dollar on Tuesday (July 22, 2025) amid uncertainty over the US-India trade deal ahead of the August 1 deadline. Forex traders said, all eyes are now on the outcome of India-U.S. trade talks, especially as the…
The Parliamentary Select Committee appointed to review the new Income Tax Bill 2025 proposed by the government has retained the provisions in the new Bill empowering tax officials to access, forcibly if necessary, the social media and private emails of people they are conducting search and seizure operations on. The Income Tax Bill 2025 was…
A World Gold Council (WGC) expert has said that if historical perspectives were put in today’s context gold could face short-to-medium term pressure. “…going by past downturns in gold, some events may slow the rally in gold witnessed over the past few years, while others could fuel a prolonged decline,” said Ray Jia, Research Head,…
Foreign Institutional Investors offloaded equities worth ₹1,681.23 crore on July 21, 2025, while Domestic Institutional Investors bought stocks worth ₹3,578.43 crore, according to exchange data. File | Photo Credit: PTI Benchmark stock indices Sensex and Nifty closed almost unchanged in a volatile trade on Tuesday (July 22, 2025) as gains in quick commerce and private…
Photo: pminternship.mca.gov.in A little more than 50,000 candidates have so far accepted the 1.53 lakh offers made by companies under the Prime Minister Internship Scheme (PMIS), according to data provided by the government to the Lok Sabha. Of those who have accepted, 8,700 or about 6% have so far joined their respective companies as interns….
Gold is entering a pivotal phase not merely as a haven asset but as a cornerstone of global financial rebalancing. We are witnessing the early signals of what I call the next global gold cycle, a period defined by surging demand, monetary realignment, and deep structural shifts in investment preferences. And among the many global…
Image used for representation purpose only. | Photo Credit: Reuters The rupee traded in a narrow range and appreciated 5 paise to 86.26 against U.S. dollar in early trade on Tuesday (July 22, 2025), tracking a positive trend in domestic equities. Forex traders said uncertainty over the eventual state of tariffs globally has been a…
Foreign institutional investors purchased equities worth ₹374.74 crore on a net basis on July 18, 2025, according to exchange data. File | Photo Credit: Reuters The rupee depreciated 14 paise to close at 86.30 (provisional) against the U.S. dollar on Monday (July 21, 2025) due to consistent dollar demand from oil importers. Forex traders said…
