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DIIs making up for exit by foreign players
The money coming into MFs through SIPs not only provides relief to the stock market from the erratic selling by foreign investors but also increases dominance of mutual fund houses in the market
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Digital ads most misleading: ASCI
If you buy a product after seeing advertisements in TV or newspapers, then, beware, from numerous cosmetic products to health drinks and food items to home appliances, all these products are being sold to you on false claims.
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Delhi-NCR improves realty health, unsold stock down 57% in 5 years
NCR’s unsold stock declined from approx. 2 lakh units at Q1 2018-end to approx. 86,420 units by Q1 2024-end
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Byju’s bombarded by new cases at home and abroad
Troubles are not ending for Byju's with new cases and contempt order against brother Riju
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Online transactions push credit card spend to new highs
The spending through credit cards in April 2024 increased by 18 percent to Rs 1.57 lakh crore
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74% of consumers expect their incomes to increase by next year: Home Credit India
Two-thirds of consumers expect to be able to save more and invest more in the coming year
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Indian smartphones ringing loud in export markets: emerge fourth most exported item in FY24
The spectacular export performance in the last financial year which was powered by a 158% increase in shipments was aided by exports to the US, the UK, UAE, Holland
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Lower risk than equity funds, better returns than FDs
BAF invests at least 65% of the funds in equities and the remaining amount in debt. This scheme invests in low volatility stocks.
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The great equity surge: Market cap-GDP ratio at 15-year high
While the GDP at current prices rose around 10% since the end of FY23, the market capitalisation of all companies traded on the BSE has zoomed 61% since the same time.
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RBI on a gold hunt: 24 tonne purchase in Jan-April raises value at 8.7% of forex reserves
The quantity purchased in the four months of this year is about 150% of the quantity it bought during the whole of 2023
