MF Tracker: Bank of India Small Cap Fund tops equity funds with 25.21% returns in 7 years. Can the run continue?Bank of India Small Cap Fund delivered the highest CAGR of 25.21% over seven years among equity funds, excluding sectoral and thematic sche...
10-year bond yield crosses 7% as RBI trims auction bidsOn Friday, benchmark government bond yields climbed by five basis points, surpassing the 7% threshold. The Reserve Bank of India managed to...
IndiGo launches daily direct flights from Mumbai to Dar es Salaam from November 20IndiGo will begin daily direct flights connecting Mumbai and Dar es Salaam starting November 20. This new route establishes IndiGo as the s...
RBI's 30-day VRRR operation sees muted response amid high banking liquidity surplusBanks showed little interest in the Reserve Bank of India's 30-day reverse repo operation. This occurred even as banking system liquidity r...
RBI's liquidity test may set future courseThe Reserve Bank of India is currently grappling with a notable liquidity dilemma due to a surge in FCNR(B) scheme inflows. To navigate thi...
RBI backstop keeps Indian rupee stable, blunting importer dollar demand impactThe Indian rupee showed little movement on Wednesday, hovering in a narrow range. Support from the Reserve Bank of India helped mitigate th...
FCNR rush leaves banks swimming in ₹6.65 lakh crore liquidityBanking system liquidity has reached a four-year high as FCNR(B) inflows entered the market. This excess liquidity has pushed the weighted ...
Chirag Paswan gets death threat; minister's office seeks Home Ministry probe, enhanced securityUnion Minister Chirag Paswan has been the target of a chilling death threat from an unidentified source, alleging that terrorists plan to a...
Chirag Paswan gets threat messages; minister's office seeks Home Ministry probe, enhanced securityUnion Minister Chirag Paswan received death threat messages on Tuesday. The unsigned communication claimed he would be killed by terrorists...
India bonds inch lower, joining global debt selloffThe Indian bond market saw a downturn, reflecting a broader global selloff in debt markets. Escalating geopolitical conflicts and soaring o...
NFO Alert: Bank of India Mutual Fund announces launch of value fundBank of India Mutual Fund has launched the Bank of India Value Fund, an open-ended equity scheme that follows a value investment strategy. ...
Short-term rates ease as banks see surge in dollar depositsLarge banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boost...
India releases names of 63 Indian nationals rescued from Trishuli-I project in NepalThe Ministry of External Affairs released a list of rescued Indian nationals. Sixty-three workers from the Trishuli-I project in Nepal have...
Minimum wage hikes add to cost pressures for retailers and gig firms ahead of festive seasonCompanies employing lower-paid and gig workers are facing higher labour costs after more than 15 states raised minimum wages since April, a...
InCred hires Avendus wealth experts to launch new platform for ultra-high-net-worth individualsInCred recently welcomed three senior professionals from the competition, Avendus, to establish a dedicated platform aimed at ultra-high-ne...
Nitin Nabin chairs 1st meeting with new BJP national office-bearers after full Vande Mataram recitationThe BJP national team held its first meeting chaired by Nitin Nabin. New office bearers were introduced, and nationwide programs were discu...
Treasury heads in buying mode as 5-year yield jumpsWith government bond yields now at attractive levels, treasury heads are actively thinking about making purchases. After the RBI's FCNR(B) ...