Targeting 7%+ growth for next 2 decades: DEA secretary

Targeting 7%+ growth for next 2 decades: DEA secretary

New Delhi: India isn’t looking for a short burst of accelerated economic growth but a sustained expansion rate of over 7% for at least the next two decades, which requires a whole “reimagining” of its financial sector, economic affairs secretary Ajay Seth said on Tuesday. Delivering the valedictory speech at a Confederation of Indian Industry … Read more

This is the right time to invest in G-Secs, says Abhijit Roy of GoldenPi

This is the right time to invest in G-Secs, says Abhijit Roy of GoldenPi

With the inclusion of India’s government securities (G-Secs) in the global bond index, there could be a huge inflow of FPI money, says Abhijit Roy, CEO of GoldenPi. In an interview with Navneet Dubey of BT Money Today, Roy delves into the intricacies of G-Secs, emphasising why they now present an opportune moment for investors to consider … Read more

Brave New World: Corporate bond spreads continue to support higher equity markets

Brave New World: Corporate bond spreads continue to support higher equity markets

Ritesh Jain Global Macro Investor & One of Top 3 Global LinkedIn Influencers on Economy and Finance, Mumbai He is a trend watcher, Global Macro investor and Blogger at worldoutofwhack.com. He has over 20 years of experience in financial markets, bonds, equities, gold, and derivatives. He muses about global macro investment opportunities, economics, business, and … Read more

Equity MFs see first monthly outflow in 4 years: Amfi

Equity MFs see first monthly outflow in 4 years: Amfi

NEW DELHI: Equity mutual funds saw the first monthly net outflow in four years as investors preferred to book profits instead of staying invested, a sign that reflects declining cash flows of households and fear of a crash in the market. Amfi data released for the month of July said investors withdrew a net Rs … Read more