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$1-bn outflows: FPIs turn wary of India on worsening Covid virus crisis
Covid-19, US yields, dollar to weigh on equity flows in the near term. Illustration: Uttam Ghosh/Rediff.com After the record-breaking equity inflows in the last financial year (FY21), foreign......
Don't panic over sudden movement of rupee, say dealers
In the immediate term, the rupee could trade in the range of 74.60-75.10 a dollar. Illustration: Dominic Xavier/Rediff.com The sudden movement of the rupee — post the monetary policy —......
Why Paisa Bazaar's mutual fund ad has run into trouble
Paisa Bazaar, which recently forayed into online mutual fund distribution, has come out with a 20-second video clip featuring Bollywood actor Akshay Kumar. The ad, which talks about the benefits of......
25 years of private sector MF:The 3 crucial pillars!
The Indian MF industry’s assets under management (AUM) has grown from Rs 246 million as on March 31, 1965 to Rs 22.60 trillion as on May 31, 2018. Illustration: Uttam Ghosh/Rediff.com Over......
Will rupee breach 70 a dollar?
The immediate concern for the rupee is the sharp spike in oil prices Illustration: uttam Ghosh/Rediff.com The rupee touched its record low of 69.10 a dollar in morning trades on Thursday amid a......
Iraq to back Prince Ali in FIFA election
- 'We have decided that Iraq's vote will go to Prince Ali because Prince Ali has always supported the development of football in Iraq, Jordan and our region.' < IMAGE: Prince Ali Bin Al Hussein......
Manchester United keen to set up academy in Kolkata
West Bengal sports minister Madan Mitra on Thursday said that the world's most popular football club Manchester United are keen to set up an academy in Kolkata and develop tourism ties with the......
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