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NEW DELHI: India’s capital markets have remained resilient and recorded strong and sustained growth against the backdrop of geopolitical tensions, trade uncertainties, tariff barriers, the pandemic and emerging challenges such as AI, Securities and Exchange Board of India chairman (Sebi) Tuhin Kanta Pandey said on Friday.“This shows the underlying strength of our market institutions and…
Union finance minister Nirmala Sitharaman on Sunday announced the setting up of a high-level committee on “Banking for Viksit Bharat”, signalling a comprehensive review of the financial sector as India prepares for its next phase of economic growth.“I propose setting up a high-level committee on banking for Viksit Bharat to comprehensively review the sector and…
Mumbai: The share of mutual funds in the household sector’s gross financial savings increased from 0.9% in 2011-12 to 6% in 2022-23. Assets under management have grown at a compounded annual growth rate (CAGR) of 17.1%. This has made mutual funds a stabilising force in equities and helped cushion the equity market against volatility triggered…
MUMBAI: The share of mutual funds in the household sector’s gross financial savings increased from 0.9% in 2011-12 to 6% in 2022-23. Assets under management have grown at a compounded annual growth rate (CAGR) of 17.1%. This has made mutual funds a stabilising force in equities and helped cushion the equity market against volatility triggered…
