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MUTUAL FUNDS NEWS
Quant Mutual Fund to shift focus from defensive to growth and cyclical stocks
Wed, Feb 05, 2025     Source : Financial Express
Quant's predictive analytics suggests a proactive approach to sectoral shifts within 2025 and an optimistic view of the broader economic environment.
MUTUAL FUNDS NEWS
2025 to see more players entering MF business
Wed, Feb 05, 2025     Source : Business Line
The market regulator has already given approval to Jio BlackRock, Capitalmind, Choice International, Cosmea Financial Holdings, Angel One and Unifi Capital
MUTUAL FUNDS NEWS
All domestic equity mutual fund categories gave negative returns in January, smallcap funds top laggards
Wed, Feb 05, 2025     Source : Economic Times
Around 21 equity mutual fund categories posted negative returns in January, according to an analysis by ETMutualFunds.
MUTUAL FUNDS NEWS
Budget revives interest in consumption funds
Wed, Feb 05, 2025     Source : Economic Times
With the budget moving to consumption from capex by announcing the tax relief up to 12 lakh under the new tax regime
NEWS
Markets rally on trade war relief, rate cut hopes; Sensex surges 1,397 points
Wed, Feb 05, 2025     Source : Business Line
Financial services emerged as the top-performing sector, gaining 2.11 per cent, followed by banking stocks which rose 1.93 per cent
INSURANCE NEWS
LIC gets GST demand notice of Rs 101.95 crore
Wed, Feb 05, 2025     Source : Economic Times
Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 101.95 crore on it for short payment of Goods and Services Tax (GST) for five financial ye...
NEWS
Sebi tightens algo trading rules to plug gaps, boost investor protection
Wed, Feb 05, 2025     Source : Business Standard
Under the new norms, open APIs will not be permitted. Access will be granted only through a unique vendor client to ensure identification and traceability
NEWS
DIIs close India Inc ownership gap with foreign portfolio investors
Wed, Feb 05, 2025     Source : Business Standard
At the end of December, DIIs had a share of 16.9% compared to 17.2% of FPIs
NEWS
Two-thirds of sectoral indices still a premium to 10-year averages
Wed, Feb 05, 2025     Source : Business Standard
Among the sectors commanding the highest premiums are infrastructure, utilities, and consumer durables
NEWS
All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins on Wednesday
Wed, Feb 05, 2025     Source : Business Standard
Malhotra took charge as the 26th RBI governor in December last year
NEWS
Budget focuses on creating jobs through growth and investment: Sumita Dawra
Wed, Feb 05, 2025     Source : Economic Times
Budget 2025-26 prioritises job creation through growth and investments, introducing several employment-focused initiatives across multiple sectors.
NEWS
US tariffs on China seen to benefit India
Wed, Feb 05, 2025     Source : Financial Express
India is set to benefit from the US's 10% tariffs on China, with exporters expecting a significant rise in orders, said a senior official.
NEWS
Fintech firm Cashfree Payments raises $53 mn in fresh funding round
Wed, Feb 05, 2025     Source : Business Standard
The company claims to process transactions worth $80 billion annually. It has a base of 8,00,000 merchants, including internet startups and enterprises
NEWS
RBI buys 72.6 tonnes gold in CY 2024
Wed, Feb 05, 2025     Source : Economic Times
The Reserve Bank of India (RBI) added 72.6 tonnes to its stock of gold in 2024, quadrupling the incremental additions from a year ago,
NEWS
Left instructions to OBLITERATE Iran, if they ASSASSINATE me: US President Donald Trump
Wed, Feb 05, 2025     Source : Mint
“That would be a terrible thing for them to do. If they did that, they would be obliterated.
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