While bank savings accounts now yield as little as 2.7–2.75%, liquid mutual funds offer returns of 5–6%. That means your idle cash doesn’t just sit—it grows, even as it remains instantly spendable. In a low-interest environment, this could make mutual funds a compelling alternative to traditional bank deposits. What Curie Money is building At the…
Mumbai: Erstwhile deputy chief executive of IndusInd Bank Arun Khurana was well aware of the incorrect accounting of derivative trades that led to a â‚ą1,959 crore hole in its books, a forensic audit by accounting and consulting firm Grant Thornton found. According to two people aware of the audit, during the probe, auditors found out…
Trump’s policies shook global financial markets in the first 100 days Stock market decline one of the worst in the first 100 days Investors expect volatility to linger NEW YORK, – President Donald Trump’s first 100 days in office delivered the worst start for stocks since former President Richard Nixon’s second term in 1973, stoked…
Indus Towers Q4 Results: Indus Towers announced its January-March quarter results for fiscal 2024-25 (Q4FY25) on Wednesday, April 30, reporting a drop of four per cent to â‚ą1,779 crore, compared to â‚ą1,853 crore in the corresponding period last year. The leading telecom infrastructure firm’s revenue from operations in the fourth quarter of FY25 rose 7.4…
Anil Agarwal-led Vedanta Ltd expects to complete the demerger of its businesses by the September-end, according to a top company official. The company had earlier said it has pushed back its demerger by a quarter to June-July. Speaking with PTI, Vedanta CFO Ajay Goel said, “We are on track to finish (the demerger) by the…
To raise money for investing in a stock market, some investors resort to taking a personal loan. However causal it may sound, this is not a healthy practice and should ideally be avoided. And even if you have a strong desire or reason to do so, it is recommended to first speak to an investment…
While Trai argues that data such as details for subscribers using specific recharge packs sought recently is essential for transparency and effective regulation, telcos have raised concerns over competitive sensitivity and the administrative burden they face for meeting those data sharing requests. This has led to a growing standoff between the two, one of the…
India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), on Wednesday, proposed to mandate that select shareholders, including directors, key managerial personnel and current employees will have to hold shares in demat form before the company files for an initial public offering (IPO), reported the news agency PTI. Â (This is a…
Gold, as a precious metal, has given impressive returns to investors. Wealth advisors often recommend conservative investors to invest in the safe haven while investing in equity is reserved for the aggressive ones only. Physical gold is considered a good investment option among the traditional middle class investors who tend to choose it over other…
Investors in India are exploring smart strategies to build wealth. Two prominent options are investing in gold or taking a home loan to invest in real estate. Both approaches offer their own set of advantages and disadvantages. According to Atul Monga, CEO and Co-founder of BASIC Home Loan, “The decision to invest in gold or…
