NRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...

InCred Money has secured Sebi's in-principle approval for a mutual fund licence, marking a key step toward launching its asset management b...

InCred Capital, the institutional, wealth and asset management arm of InCred Group, announced the launch of its US operations with the open...

India's investment world is undergoing a significant transformation. Passive funds are leading this change, growing from 6% to 25% of the m...

India's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator als...

Infrastructure Investment Trusts distributed nearly Rs 22,800 crore to unitholders last fiscal. Assets Under Management grew to Rs 7.1 lakh...

Aman Chowhan of Abakkus Asset Manager highlights crude oil as the dominant macro risk, potentially impacting corporate earnings by 100-200 ...

The Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...

Portfolio Management Services (PMS) offer structural advantages over mutual funds, allowing for concentrated portfolios, significant cash h...

HDFC AMC and Nippon Life AMC shares surged up to 6% after Finance Minister Nirmala Sitharaman indicated further measures to attract foreign...

Kotak Mutual Fund has launched its maiden Specialised Investment Fund (SIF), the Kotak Infinity Hybrid Long-Short Fund, marking its entry i...

Elivaas, a holiday home operator, is preparing for its next fundraising round to fuel expansion. The company plans to double its villa coun...

Private sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...

FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...

India's markets regulator, SEBI, has proposed a change for asset management companies. Executives and high earners in these firms may soon ...

A Bench comprising Justice JK Maheshwari and Justice Atul S Chandurkar took note of the progress made through the mediation process and dir...

Brokerages remain selective on Indian equities, with Morgan Stanley maintaining an underweight stance on Wipro due to growth concerns. HDFC...