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Credit provided by India’s capital markets could eventually surpass bank lending, Kotak Mahindra AMC managing director and CEO Nilesh Shah said on Tuesday, underscoring a structural shift in how the economy is financed.Speaking at an event in Mumbai, Shah said credit, which was traditionally dominated by banks, is increasingly being provided by capital markets and…
KANPUR: Kanpur police have arrested a Delhi-based businessman, Ravindra Nath Soni, for allegedly running a massive international investment scam that duped hundreds of Indians—both in India and in Dubai—of nearly Rs 970 crore. Investigators say the fraud spans multiple countries, involves cryptocurrency laundering, hawala routes, and may have national security implications. As on date, five…
Fixed deposit investors may soon face another round of interest rate cuts after the RBI announced reducing the repo rate for the fourth time this year. The central bank on Friday reduced the interest rate by 25 basis points to 5.25%, which is down 125 basis points from the 6.5% level at the start of…
Gold’s intraday structure remains weak with flattening EMAs, a neutral RSI, and a bearish MACD crossover. (AI image) Gold price prediction today: Gold prices are exhibiting weakness, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here recommends a sell on rise strategy for investors:Gold futures on MCX traded near ₹1,30,000, showing…
File photo (Picture credit: ANI) The Indian rupee’s slide past Rs 90 per US dollar for the first time ever has shifted sentiment in the equity market and raised fresh concerns for investors. The breach of this psychological level has come on the back of weak capital flows, steady demand for dollars from importers, and…
Salesforce posted better-than-expected quarterly results this week, giving CEO Marc Benioff fresh ammunition to push back against a wave of investor skepticism regarding the company’s aggressive pivot toward artificial intelligence. The business software giant reported earnings that eclipsed analyst projections, offering a potential reprieve for a stock that has been hammered recently by doubts over…
Markets regulator Sebi has introduced a single-window access framework for low-risk foreign investors, aiming to simplify regulatory processes and make India a more attractive investment destination, according to PTI. The new system is designed to streamline compliance, ease multiple registrations and reduce repetitive documentation across investment routes.Called the Single Window Automatic & Generalised Access for…
Legendary investor Michael Burry has slammed Tesla and tech giants for diluting shareholder value through stock-based compensation, arguing it’s unfairly excluded from earnings. He highlighted Tesla’s 3.6% annual dilution and Elon Musk’s massive pay package as prime examples. Burry, known for predicting the 2008 crash, believes these accounting practices mask true costs, urging investors to…
Representative image (AI-generated) NEW DELHI: Investor sentiment in the unlisted market appears optimistic as three mainboard IPOs – Meesho, Aequs Limited and Vidya Wires prepare to open for subscription between December 3 and December 5.All three issues are currently trading at notable premiums in the grey market, indicating expectations of healthy listing-day activity, according to…
Rich Dad Poor Dad author Robert Kiyosaki has reignited debate over his long-running market warnings after posting on X that “the biggest crash in history” has already begun. His message paints a picture of an economy under pressure from rapid technological change and widening global instability. Citing an AI-driven erosion of jobs and deepening stress…
