Falling rupee and its impact on global funds

The dollar has strengthened against most currencies. While this helps Indian mutual funds upfront, redeeming in securities other than the US is affected negatively.   The performance of......

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

IT, pharma funds offer no returns over last one year

Worst performers among category funds, but beat sectoral indices Those who invested in defensive sectors like pharmaceuticals and IT (information technology) a year ago are staring at huge......

IndiGo shares worth Rs 120 crore sold!

This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent. Several top fund managers have exited the counter of InterGlobe Aviation, which operates the......