“So, net-net, I think, okay, there is some back and forth going on, we had the surprise from the Fed chair, but overall, the tailwind is still there coming into 2025,” says Santosh Rao, Manhattan Venture Partners.Where is the Santa? Santa is supposed to come year end, Santa rally is missing.Santosh Rao: We still have … Read more
Franklin Templeton Mutual Fund has launched its first debt fund in the Indian market, marking its re-entry into this sector after winding up Rs 30,800 crore ($3.7 billion) worth of similar plans over four years ago. The newly introduced fund, Franklin India Ultra Short Duration Fund (FIUSDF), began its subscription period on Monday, August 19, … Read more
BUDGET 2024: In a shock to stock market investors, Finance Minister Nirmala Sitharaman on Tuesday announced an increase in both long-term and short-term capital gains tax. FM Sitharaman said that going forward, short-term capital gains on specific financial assets will be subject to a tax rate of 20%, a 5% increase from the previous rate of … Read more
Global development institution International Finance Corporation (IFC), a member of the World Bank Group, has invested over Rs 650 crore in K Raheja Corp-backed Mindspace Business Parks REIT through an issue of sustainability-linked bonds. This is a maiden sustainability-linked fundraising by any listed Real Estate Investment Trusts (REITs) in India. This follows the REIT’s issuance … Read more
In the ever-changing world of investments, trying to predict the future of an economy can be challenging. Whether you are an experienced investor or just starting your financial journey, understanding whether an economy is on the path to growth or heading towards a recession is crucial. Fortunately, there is a valuable tool that can provide … Read more
A smaller-than-expected poll victory for Prime Minister Narendra Modi is leading to worries among bond investors about greater populism. Fiscal discipline has been a hallmark of Modi’s decade-long administration, and many investors were expecting him to win a supermajority to reduce the budget deficit and further cut government borrowing in the next budget. The election … Read more
Zerodha co-founder Nithin Kamath has always batted for bonds as the right stepping stone for most Indians investors. Bonds so far have been an HNI product but that changed from today. To enhance the participation of retail investors in the corporate bond market, Sebi decided to cut the face value of such debt securities to … Read more
Sitaram Yechury, the general secretary of the Communist Party of India (Marxist), was in Kannur on April 16, 2024 to campaign for the Left candidate from the constituency, M.V. Jayarajan. The Hindu caught up with him for a quick chat at the district office of the Communist Party of India [CPI(M)] at Parakkandy in the … Read more
India’s online government bond trading platform is facing technical issues, which has halted trading activity, five traders said on Tuesday. “The platform is facing technical glitches and we are unable to place any bids or trade since last 10 minutes,” a trader with a private bank said. The benchmark 7.18% 2033 bond yield was last … Read more
The State Bank of India (SBI) has refused to disclose under the Right to Information (RTI) Act the details of the electoral bonds furnished to the Election Commission (EC) of India, claiming that it is personal information held in a fiduciary capacity, even though the records are in the public domain on the poll panel’s … Read more