The second fund raised more than Rs 600 crore in 2021. Last year, a Rs 350-crore Opportunities Fund bought the first fund’s portfolio, allo...

Non-Resident Indians can now purchase US dollar-denominated term insurance plans in India. These plans are available through Policybazaar's...

Indian investors now have no options for new international mutual fund SIPs. The Baroda BNP Paribas Aqua Fund of Fund suspended new investm...

Being rich does not automatically make you a better investor. It just means that you get sold to differently. And it makes you more vulnera...

The regulator launched its investigation after receiving 16 complaints alleging that the entities were providing investment advice and mana...

India's securities regulator is proposing major changes to portfolio management services. A new category will lower the minimum investment ...

The RBI is widely expected to keep interest rates unchanged at its 5 August policy meeting, making it one of the few central banks in the r...

US investors are reducing bond allocations and increasing inflation-sensitive assets. This shift aims to diversify portfolios against marke...

In her petition at the Mumbai NCLT under Sections 241 and 242 of the Companies Act, Gang sought to restrain the company from amending its A...

The regulator said the review has been done due the rapid expansion of the PMS industry, where AUM (assets under management) has multiplied...

India's markets regulator is looking to simplify compliance requirements for portfolio managers, aiming to broaden investment options to en...

SBI Funds Management is planning a $200 million technology-focused alternative investment fund with venture capital firm 3one4 Capital, mar...

A joint parliamentary committee has requested more time to review the Corporate Laws Amendment Bill. This extension means the bill's presen...

The Reserve Bank of India proposed new rules for overseas fund flows. These draft norms will replace existing regulations governing foreign...

GIFT City is drawing strong interest from multinational companies, with JPMorgan saying more than 100 firms are exploring banking and payme...

Investors are grappling with confusion when it comes to reporting GIFT City fund investments in their tax returns. Fund houses provide vary...

HSBC's GIFT City unit offers NRIs significant leverage on FCNR deposits. An NRI can borrow up to nineteen times their own funds for deposit...