Over 500 delegates at MFRT 2026 in Udaipur emphasised the need for mutual fund distributors to modernise and embrace technology, social media, and new business models to stay relevant in a rapidly evolving market landscape. More than 500 delegates gathered…
Gold has regained momentum, climbing towards $4,500 an ounce amid changing macroeconomic expectations, with UBS forecasting a potential return to $5,000 in 2027 as central banks and investors display renewed confidence. Gold has regained momentum after a sharp sell-off earlier…
The General Insurance Corporation of India reported a 10% increase in standalone net profit for the June quarter, buoyed by boosted other income and a reversal of premium-deficiency provisions amidst stable premium income. General Insurance Corporation of India said its…
From a base of 100 in 1979, the Sensex’s remarkable rise illustrates India’s economic evolution, highlighting the importance of patience amid volatility and the rising influence of technology and reforms. In April 1979, India’s benchmark equity index began with a…
Bank of Baroda and ICICI Bank lead a surge in Indian bank dollar funding, issuing multi-million dollar bonds to secure longer-term foreign currency financing as demand from international investors strengthens. Bank of Baroda has wrapped up a $700 million offshore…
The gap between India’s benchmark indices expanded again on Thursday, reflecting market quirks and ongoing regulatory reforms amid evolving expiry day practices and increased liquidity measures. The gap between the Sensex and the Nifty widened again on Thursday as India’s…
Major stake disposals by promoters and aggressive institutional buying marked a dynamic trading day in Indian markets, with UltraTech Cement leading large transactions amid a surge in initial public offerings like Milky Mist Dairy Food and Gaja Capital’s upcoming listing.…
Jubilant FoodWorks reports a 6% rise in quarterly net profit, driven by strong performances at Domino’s India and Popeyes, alongside rapid overseas expansion despite rising costs. Jubilant FoodWorks Ltd reported a modest rise in quarterly profit as stronger sales at…
Finance Minister Nirmala Sitharaman urges Indian startups to expand AI-driven technologies into districts, focusing on healthcare and banking, as part of a broader government strategy to enhance public service access and innovation in rural areas. Finance Minister Nirmala Sitharaman has…
BRICS nations are transitioning from conceptual discussions to practical steps in establishing a cross-border payments system, with a focus on faster payment links over the more complex and politically sensitive central bank digital currency bridges, signalling a shift towards more…
