economy

The Indian Mutual Fund industry remains on a positive trajectory, driven by consistent SIP inflows and growing investor confidence in equity markets. The industry's ability to weather market volatility and offer diverse…

China's annual inflation rate decreased to 0.2% in June, down from 0.3% in the previous two months, and below market expectations of 0.4%. This slight dip indicates a continued easing of inflationary pressures in the world's…

Credit card debt poses significant challenges for both individuals and the broader economy, especially during tough economic times. High payments towards credit card debt reduce disposable income, limiting funds for essential…

ICICI Prudential Mutual Fund has introduced the ICICI Prudential Energy Opportunities Fund, an open-ended equity scheme focused on the energy sector. The fund opened for public subscription on July 2, 2024, and will remain…

Rising optimism for a US Fed rate cut and weakness in US dollar rates have propelled gold prices to a six-week high at $2,391 per ounce in the international market. In the domestic market, gold futures on the Multi Commodity…

FMCG stocks have largely underperformed in 2024 due to weak base demand, inflation, adverse weather conditions, and lower agricultural production growth. However, leading market experts and domestic brokerages predict a…

With the Union Budget around the corner, expectations are high for potential benefits the Finance Minister may announce for taxpayers. A key anticipated benefit is an increase in the standard deduction limit. Originally…

Union Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024-25 in Parliament during the third week of July. This will be the first budget following the National Democratic Alliance's (NDA) third…

High-frequency data indicates that the Indian economy is set to grow over 7 percent for the fifth consecutive quarter in Q1FY25. This positive trend aligns with the Reserve Bank of India’s (RBI) GDP growth projection of 7.3…

After years of underperformance, Public Sector Undertakings (PSUs) have surged ahead in FY24, delivering an impressive 92% return, far surpassing the Nifty 50's 28% gain. Key drivers of PSU growth: Government's…