The overall mutual fund industry’s assets under management rose 4.3 percent month-on-month to a record Rs 85.8 lakh crore in July. Equity AUM, including ELSS and index funds, increased 2.7 percent to Rs 41.8 lakh crore, helped by the rise in market indices and equity scheme sales. Mutual funds increased their allocation to technology,…
Goldman Sachs raises India 2026 CPI forecast to 4.6% from 4.2% earlier; Goldman Sachs expects 50 bps rate hike by RBI in 2026 Goldman Sachs has pared its growth estimate for India for 2026, while forecasting a 50 basis points hike in policy rates as the economy contends with sharp depreciation in its currency.…
The Union Budget 2026 has boosted realty stocks by up to 15%, with key allocations for affordable housing and infrastructure. Major players like Godrej Properties and Anant Raj report significant gains, reflecting renewed investor confidence in the sector. Realty stocks have seen a strong rise of up to 15% in just seven trading sessions since…
“The plans to extend the tenure of such contracts is at a conceptual stage,” SEBI chairman Tuhin Kanta Pandey said at the sidelines of an industry event “Markets regulator Securities and Exchange Board of India – SEBI is planning to increase the tenure and maturity of equity derivatives contracts,” its chairman Tuhin Kanta Pandey said…
Consumer inflation had dipped to 2.82% in May. CPI data allows India room to ease rates at a time when Trump tariffs threaten growth. India’s economy rose by a faster-than-expected 7.4% in the quarter ended March. India’s consumer inflation continued to ease in June, hitting a lower-than-expected 2.10%, government data showed on Monday. The…
These decisions came a day after India’s Cabinet Committee on Security announced its own set of punitive actions against Pakistan in response to Tuesday’s terror strike in Pahalgam Pakistan on Thursday announced a sweeping set of retaliatory actions against India, including the immediate closure of its airspace to all Indian-owned or operated airlines,…