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Source: Live Mint Mumbai: After finance minister Nirmala Sitharaman delivered a consumption-supporting budget, the ball is now in the Reserve Bank of India’s (RBI) court to deliver the last-mile push to growth with a rate cut next week. A majority of economists believe that the budget has set the stage for a rate cut by…
Source: Live Mint Mutual funds are fast emerging as the investment vehicle of choice for a growing segment of Indian investors. According to statistics released by Association of Mutual Funds in India (AMFI), the Assets Under Management (AUM) of the Indian Mutual Fund industry has grown from ₹10.90 trillion as on November 30, 2014 to…
Source: Live Mint Although the US Federal Reserve refrained from surprising markets and trimmed the benchmark interest rate by 25 bps to 4.50 – 4.75 per cent on November 7, markets seemed disappointed by Chair Jerome Powell’s tone, which suggested uncertainty about the future path of interest rates. In the September meeting, the US Fed…
Source: Live Mint Profits remain the cornerstone of every business and investment strategy. Sustained profitability signals business success, and while large companies are expected to generate profits, several smaller players have also posted impressive gains amid a favourable economic environment. Using Screener.in, we identified India’s fastest-growing profit-makers. To ensure meaningful results, companies with a market…
Source: Live Mint In 2024, despite the momentum in financialisation, the Nifty Bank index has underperformed, rising only 7% compared to the Nifty 50’s impressive 15.6% gain. This gap signals investor hesitation, with key banking stocks hovering around critical levels in both the public and private sectors. However, many banks maintain solid fundamentals and have…
Source: Business Standard Despite the recent dip, a Reuters poll has estimated that inflation will pick up again, to average 4.5 per cent this fiscal year and 4.3 per cent next year (Photo: Reuters) 3 min read Last Updated : Oct 07 2024 | 1:49 PM IST India’s central bank is likely to keep…
Source: Business Standard HDFC Bank on Friday said that the sequential rise in deposits outpaced loan growth. (Photo: Shutterstock) 2 min read Last Updated : Oct 04 2024 | 10:03 AM IST India’s biggest private lender HDFC Bank on Friday said that the sequential rise in deposits outpaced loan growth in the fiscal second…
