construction sector

A lumpsum investment of Rs 1 lakh in this fund has given Rs 1.5 lakh in 3 years. Check investment details

by
A lumpsum investment of Rs 1 lakh in this fund has given Rs 1.5 lakh in 3 years. Check investment details

SBI Balanced Advantage Fund, which is an open-ended dynamic asset allocation fund managed by SBI Mutual Fund, has successfully completed three years of existence in the market. Introduced in August 2021, the SBI Balanced Advantage Fund witnessed record-breaking collections of over Rs. 14,600 crores during its New Fund Offer. The investment objective of the scheme … Read more

​GDP surprises at 7.6% for Q2, experts expect higher FY24 growth

by
​GDP surprises at 7.6% for Q2, experts expect higher FY24 growth

The Indian economy kept its momentum, growing nearly a percentage point higher than expected at 7.6% in the second quarter, buoyed by the manufacturing and construction sector, with experts suggesting an upside to the full-year number. “Given the higher than forecast outcome for Q2, we are revising our FY2024 growth forecast to 6.2% from 6.0%,” … Read more