"India is the best market right now in the world with the digital initiatives the government has implemented
Net investments in active equity mutual fund (MF) schemes rose to Rs 7,300 crore in December after declining to a 21-month low of Rs 2,260 crore in November, shows the latest data from the Association of Mutual Funds in India (Amfi). The rebound in net inflows was driven by a surge in investments and moderation in redemptions. While the inflows into these schemes rose 5 per cent month-on-month (MoM) in December, the redemptions were 14 per cent lower compared to November.
'The pitch for India is flat, the ball for India is old, the sun for India is out, and the bowlers are not bowling too well.' 'I think only we can get ourselves out.'
In 2022, gold emerged as the top performer among all conventional asset classes with over 14 per cent returns mainly owing to the depreciation of the rupee.
'Strong regulations are crucial for the orderly development of the market.'
The turmoil in the markets has been cited as the reason for the dip in the IPO market.
Officials were surprised at how quickly smugglers appraised the Covid situation to recruit jobless migrant workers to ship gold.
The enormous structured global advertising machinery that surrounds every football game on the planet today? Pele was perhaps single-handedly responsible for all of it. By just being brilliant, captivating crowds, and behaving like a being from the future, doing things that STILL provoke oohs and aahs from watchers. Vaibhav Raghunandan salutes the Incomparable Pele.
China's covid crisis could provoke a raw material crunch for India's EV industry later this year.
Given the prevailing uncertainties, investors must maintain a 10-15 per cent allocation to gold in 2023.
Until now, these platforms were either working through an investment advisory (IA) or stockbroking licence.
The first quarter of calendar 2023 will see new faces heading four large public-sector banks -- Canara Bank, Bank of Baroda, Indian Overseas Bank, and Bank of India.
In November, the fiscal deficit widened by Rs 2.2 trillion, the highest ever in any month this financial year.
Indian drug firms continue to work closely with the FDA, and most have also appointed consultants to help them grasp the regulatory minutiae in the US.
When we are unwell, we consult a doctor, take a prescription, and then buy medicines from a chemist. In finance, too, it is best to keep investment advice and product purchase separate, suggests Bindisha Sarang.
Less than 30,000 booster doses daily in December.
Of $90 billion remittances that India is expected to receive in 2022, only $27.4 billion has come in the first half of the year.
The number of fraud cases reported by private banks outnumbered those by public sector banks for the second consecutive year.
The industry came under scrutiny after the proliferation of games like cards, casinos, and fantasy sports among young people led to addiction and financial losses, with some reported cases of suicide.
The joint inspections is to ensure the safety, efficacy, and quality of drugs available in the country
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