Latest News, Updates & Breaking Headlines
Where investors may actually save money is not in the billboard headline, but in the fine print. (AI image) SEBI’s mutual fund “TER cut” is being sold as a fee reduction, but it’s not. It’s actually a transparency reset—with some real savings hidden in the plumbing.Let me start by spoiling the headline. This isn’t SEBI…
Mumbai: Mutual fund investors will soon pay less to fund houses that manage their money. Markets regulator Sebi on Wednesday reduced the maximum fee that fund houses charge their investors by up to 15 basis points (100 basis points = 1 percentage point) in select MF schemes.Sebi also reduced the maximum brokerage that fund houses…
Bhubaneswar: Tata Power is in discussions to buy out the stakes held by sovereign wealth funds of Oman, Kuwait, and ICICI Ventures in Resurgent Power, which operates a thermal power plant in Uttar Pradesh and two transmission lines in northern India.Collectively, these three investors own 74% of Resurgent, which posted a profit of Rs 613…
Wall Street opened the new week on a cautious positive note on Monday, with investors positioning themselves ahead of a heavy slate of economic data that could influence interest-rate expectations and market direction.In early trade, the S&P 500 rose 0.3%, while the Dow Jones Industrial Average gained about 150 points, or 0.3%. The Nasdaq Composite…
Gold’s intraday technical structure points toward a possible pullback from overbought levels. (AI image) Gold price prediction today: Gold prices are showing signs of exhaustion, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He recommends selling if the gold prices slip below Rs 1,32,300:Gold futures on MCX witnessed a sharp rally…
Investors are cheering early signals that Elon Musk’s SpaceX may head for an initial public offering next year, in what some market participants told Reuters could become the “craziest IPO in the history of the stock market.” The rocket and satellite company, long considered one of the world’s most valuable private firms, is exploring a…
Gold prices surged to fresh highs on Thursday, after the US Federal Reserve delivered its third consecutive interest rate cut, lifting global precious metal markets even as uncertainty lingered over the pace of easing next year. With domestic prices touching new records, Indian buyers are increasingly shifting toward cheaper jewellery options.Gold has jumped sharply from…
Gold prices surged to fresh highs on Thursday, after the US Federal Reserve delivered its third consecutive interest rate cut, lifting global precious metal markets even as uncertainty lingered over the pace of easing next year. With domestic prices touching new records, Indian buyers are increasingly shifting toward cheaper jewellery options.Gold has jumped sharply from…
India’s mutual fund assets under management (AUM) are projected to exceed Rs 300 lakh crore by 2035, while direct equity holdings are expected to reach Rs 250 lakh crore, signaling a major shift in the country’s investment landscape, according to the How India Invests 2025 report by Bain & Company in partnership with Groww.Mutual fund…
JPMorgan CEO Jamie Dimon has formed a high-profile advisory council, including tech titans and defense leaders, to guide a massive $1.5 trillion national security spending plan. The initiative aims to bolster American self-reliance by investing in critical technologies and reducing dependence on foreign suppliers, particularly China. A new $10 billion fund will back companies in…
