Breaking News Archives

31 Mar

Vanguard Total Stock Market Index fund, which created $1.15 trillion in Value for Investors

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#VanguardTotalStockMarketIndexfund #Vanguard$1.15trillionforInvestors NewYork: The basic job of a mutual fund is to take investors’ dollars and turn them into more dollars. The funds that have proved most successful have key things in common—they are large, low cost, and diversified—finds a Morningstar study. That may come as no surprise to fans of index funds, which tend to be designed with those features in mind. Plenty of active funds, including favorites like Growth Fund of America and Fidelity Contrafund, are also top performers, Morningstar found. which funds increased their assets under management the most in the 10 years ended in 2024, while factoring…

31 Mar

Gold prices hit all-time high Due to US tariff concerns globally

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#GoldpricesAllTimeHigh New Delhi: Gold prices surged to an all-time high on Monday (March 31), surpassing $3,100 per ounce. Investors flocked to the safe-haven asset as fears of a global trade war escalated. US President Donald Trump’s tariff plans have heightened market uncertainty, fueling the bullion rally. Spot gold climbed 0.6% to $3,103.63 an ounce as of 02:55 GMT. Earlier, it touched a record $3,107.26 per ounce. Gold has gained over 8% in March and surged 18% in Q1 2025. In India, gold prices are also seeing upward trend. On March 31, 24-carat gold was priced at ₹89,330 per 10 grams,…

30 Mar

Top 5 Gold ETFs: Converted Rs 1,25,000 one-time investment into Rs 3,81,354 in 10 Years

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#Top5GoldETF Mumbai: Golf ETFs are tradable mutual funds in a stock exchange. Investors who don't want to invest in physical gold directly but want to benefit from its price appreciation may invest in gold ETFs. These ETFs represent 99.5 per cent pure physical gold bars. One gold ETF unit is equal to 1 gramme of gold. Unlike physical gold, there are no making charges on gold ETFs, plus their price is the same everywhere. Since these are traded on a stock exchange, an investor needs a demat amount to invest in them. Since they track the price of pure gold, they…

30 Mar

April 1: New mutual fund rules, Stricter NFO timelines, SIF launch

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#MutualFundsNFOSIF01April Mumbai: The Securities and Exchange Board of India (SEBI) has introduced a series of new regulations effective from April 1, 2025. These changes impact fund deployment timelines, introduce a new investment product category called Specialised Investment Fund (SIF), and enable DigiLocker integration for investment statements. Stricter Timelines for NFOsSEBI now requires AMCs to deploy funds raised through NFOs within 30 business days of unit allotment. If deployment is delayed, a one-time extension of another 30 business days is allowed with Investment Committee approval. Failure to deploy funds within 60 business days will result in a halt on fresh inflows,…

29 Mar

Rs 2,00,000 crore worth unclaimed assets in India include equity shares, FD, bonds etc.

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Now Nominees Can Now Access Stocks And Mutual Funds Of Deceased Investors Via DigiLocker From April 1 Mumbai: According to media reports, there are Rs 2,00,000 crore worth unclaimed assets in India. These include equity shares, fixed deposits, bonds and other instruments. In most of the situations, where no body claims, the money flows into an investor protection fund. In another major move, the government has introduced a significant benefit for the nominees of deceased investors, allowing them to access the mutual funds and stocks of the deceased. Starting April 1, registered nominees will be able to retrieve information and…

29 Mar

Indian Railways Holds about 4.90 Lakh Hectares of Land as of March 2024

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#IndianRailways4.90LakhHectaresLand Surplus Railway Land Leased for Commercial Development While Retaining Ownership New Delhi: As on 31.03.2024, the total land in possession of Indian Railways is about 4.90 lakh hectares out of which 8812 Ha land has been leased for various purposes. This includes railway land leased/licensed for passenger facilities, cargo related facilities, commercial development, etc. Zone-wise details of total railway land, total leased land are as under: (Figures in hectares) Zonal Railway Total railway Land Total railway land leased/licensed Central 31,476 168 Eastern 21,082 469 East Central 33,644 2,437 East Coast 23,010 273 Northern 46,447 474 North Central 21,149 220…

29 Mar

India-U.S. Agreed to Expand Bilateral Trade to Reach $ 500 Billion by 2030

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#IndiaUSTrade$500Billion2030 India-U.S. Trade Talks in New Delhi Concludes New Delhi: As a follow up to the India-U.S. Joint Statement of 13 February 2025, wherein the two sides agreed to expand bilateral trade to reach $ 500 Billion by 2030, including through the conclusion of a Bilateral Trade Agreement, representatives of India’s Department of Commerce and the Office of the U.S. Trade Representative convened in New Delhi from 26-29 March 2025. In order to realize the shared objective of promoting growth that ensures fairness, national security and job creation, both sides have through four-days of discussions in New Delhi broadly come…

28 Mar

Ardee Engineering Limited files DRHP with SEBI to raise Rs. 580 crore

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#ArdeeEngineeringLimitedIPO Chandigarh: Ardee Engineering Limited, an integrated design, engineering and manufacturing company having three primary business lines - pre-engineered buildings (PEB), material handling systems (MHS) and engineering services has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise Rs. 580 crore through an initial public offering (IPO). According to the DRHP, the Initial Public Offering of the Hyderabad headquartered company consists of a Fresh Issue of equity shares aggregating up to Rs. 500 crore and an Offer for Sale of equity shares aggregating up to Rs. 80 crore by the Promoter Selling Shareholder, Chandra Sekhar…

28 Mar

अब म्यूचुअल फंड में महिलाएं पुरुषों से ज्यादा निवेश कर रहीं: एम्फी-क्रिसिल की रिपोर्ट

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One In Four Unique Mutual Fund Investors In India Is A Woman, Says AMFI-Crisil Report #WomanInvestorMF #WomenInvestorMFAMFICrisil महिलाओं की हिस्सेदारी बढ़कर एक चौथाई हुई, एयूएम 11 लाख करोड़ के पार Mumbai मुंबई: म्यूचुअल फंड में निवेश करने वाले कुल इन्वेस्टर में महिलाओं की हिस्सेदारी एक चौथाई यानी 25% हो गई है। वहीं, इंडिविजुअल इन्वेस्टर एसेट में महिला निवेशकों की हिस्सेदारी एक-तिहाई पहुंच गई है। इसका मतलब यह कि महिलाएं पुरुषों के मुकाबले ज्यादा निवेश कर रही है। एसोसिएशन ऑफ म्युचुअल फंड्स इन इंडिया (AMFI) और क्रिसिल की रिपोर्ट के मुताबिक महिला निवेशकों का एसेट अंडर मैनेजमेंट (AUM) मार्च 2019 में 4.59…

28 Mar

41% of First-Time Borrowers Are Gens Z According to TransUnion CIBIL’s Latest CMI Report

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#GensZCreditTransUnionCIBILCMI Report #UnionCIBILCMI Report Chandigarh: India’s retail credit growth continued to moderate in the quarter ending December 2024, particularly among New-to-Credit (NTC)1 consumers. This was most evident for consumption-led credit products originated by NTC consumers, which saw a 21% year-over-year (YoY) decline in loan originations, compared to a decline of 2% for consumers with existing credit. Consumption-led products are defined as credit cards, personal loans and consumer durable loans. Originations are a measure of new accounts opened and are driven by both consumer demand and lender supply. Lenders’ cautious approach to the origination of consumption-led credit products disproportionately affected NTC…