Rapid growth in mutual funds, insurance investments, and health & wellness spending among Indians, reveals new Razorpay report

Rapid growth in mutual funds, insurance investments, and health & wellness spending among Indians, reveals new Razorpay report

When it comes to wealth creation and securing one’s financial future, it seems this issue is dominating the minds of Indians. According to a new report put out by the fintech unicorn, Razorpay, investments in mutual funds surged by an impressive 86% and insurance payments witnessed a significant 56% growth for the period FY24. Additionally, … Read more

Investors are turning wary of crowded India trade after run-up

Investors are turning wary of crowded India trade after run-up

The stellar rally in Indian equities that’s made them an investor favorite has run into headwinds that go beyond elevated valuations. Earnings misses, the attractiveness of rival markets amid expectations of a dovish policy shift by the Federal Reserve and a nascent recovery in Chinese equities are casting doubts over India extending a rally that … Read more

Social media scam artists prey on India’s amateur investors

Social media scam artists prey on India’s amateur investors

India’s mom-and-pop investors are facing testing times. During a pandemic-era surge in the stock market, millions poured their savings into equities, drawing on advice from unauthorized financial advisers and social media “gurus” to help identify the next big ticket. But a recent slide in stock values has laid bare the dangers of India’s lax capital … Read more