Investment managers of an AIF (alternative investment fund) can provide investment management services to the offshore fund only by getting registered as portfolio managers, according to markets regulator Sebi. Providing…
Bank stocks are now looking attractive with multiple falling below the long-term average for the sector, said Prashant Jain, ED & CIO, HDFC AMC. In a webinar, Tuesday evening, Jain…
The Indian rupee weakened further on Friday to hit a fresh all-time low versus the US dollar as domestic equities fell amid risk aversion in markets ahead of the release…
By Raj Deepak Singh Rupee depreciated majorly last week on the back of strong dollar and retreat in domestic markets. Meanwhile, RBI interest rate hike by 50 bps restricted further…
In what is arguably a milestone event for the startups in the Indian space arena, Dr Jitendra Singh, union minister Science & Technology, unveiled Skyroot’s Vikram-1 orbital rocket in Hyderabad…
As anticipation mounts for the upcoming Maheshwar Constituency Election in Madhya Pradesh, voters are eagerly awaiting the big battle that kicks off with the announcement of key dates by the…
U.S. Treasury yields held near multi-year highs on Tuesday, while stock markets reeled from the previous session’s rout on signs that central banks’ action to curb inflation would tip the…
By Jigar Trivedi WTI crude futures eased after touching a three-month high of $123.18 per bbl, recording the seventh weekly advance, on prospects of demand recovery from China and the…
Asian shares tumbled on Tuesday after Wall Street hit a confirmed bear market milestone and bond yields struck a two-decade high on fears aggressive U.S. interest rate hikes would push…
Wall Street’s main indexes slipped in choppy trading on Thursday as technology and growth stocks struggled for direction amid rising bond yields and weaker risk appetite on concerns around surging…
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