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Small, Mid-cap mutual funds in focus as MF stress test looms large
In response, bloodbath ensued in the market, with the BSE SmallCap Index dipped by 5.11%, along with BSE Midcap Index, which slumped by 4.20%. Investors collectively lost around Rs 13 lakh crore in the markets on Wednesday
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EFTA deal: Iceland eyes opportunities in fisheries, health, software development, green energy
After 16 years and 21 formal rounds of negotiations, India has finally inked a comprehensive trade and economic partnership with the European Free Trade Association (EFTA), which comprises Iceland, Liechtenstein, Norway and Switzerland.
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Agent-sold life policies likely to have higher unclaimed funds
LIC generates most of its new business through agents. This is evident, given that for public sector insurers like LIC, individual agents drove 96.14% of all new individual business in 2021-22. For private sectors, their contribution stood at 23.08%.
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E-commerce cos look to hire more women in night shifts
Amazon, which recently began its WINs (Women in Night Shifts) initiative, has established all women delivery stations in Tamil Nadu, Kerala, Andhra Pradesh and Gujarat.
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India’s economic outlooks remains bright, says FinMin
During the current fiscal, the economy is estimated to grow at a rate of 7.3%, making it a consecutive third time the country has recorded GDP growth greater than 7%.
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Equity inflows clock Rs 21,780 cr in January: AMFI
Another interesting trend that emerged was the closing gap between the total AUM of large-cap funds, which stood at Rs 2,99,733.71 crores, and mid-cap funds, which was a resounding Rs 2,90,293.81 crores
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What next for Paytm?
Notably, Paytm is expected to comply with the orders, and expects a worse-case impact of anywhere between Rs 300-500 crores in EBTIDA.
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Financial Independence, Retire Early : Is it really possible?
FIRE means achieving enough financial sufficiency to retire from your full-time employment while still being in your 40s. In essence, it means you have to begin saving and investing very early on, so that a 9-5 job doesn't remain your sole income source.
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GenZ, Millennials’ financial planning habits!
Recent data from IRDAI suggests that awareness regarding insurance has steeply risen among people aged between 26-35.
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Debt funds witness outflows, gold ETFs lose sheen, reveals AMFI data
The only schemes which witnessed inflows amidst the deb segment were short duration funds (Rs 595.20 crores), long duration funds (Rs 272.29 crores), corporate bond funds (Rs 188.46 crores) and gilt funds with 10-year constant duration (Rs 53.61 crores)
