money

Money laundering case: ED attaches ₹56.86 crore assets in relation to probe involving Krrish Realtech and Brahma City

by
Money laundering case: ED attaches ₹56.86 crore assets in relation to probe involving Krrish Realtech and Brahma City

Enforcement Directorate has attached properties worth ₹56.86 crore of Krrish Realtech Private Limited and others on money laundering charge in connection with the allegation of cheating people on the pretext of selling to them land parcels. Photo: Twitter/@dir_ed The Enforcement Directorate has attached properties worth ₹56.86 crore of Krrish Realtech Private Limited and others on money laundering … Read more

Earnings weakness signals no near-term market breakout, warns Madanagopal Ramu

by
Earnings weakness signals no near-term market breakout, warns Madanagopal Ramu

“So, you should be prepared for some disappointments going ahead as well. So, that will keep the market in a tight band. If you look at the overall index level, I do not think you can see a breakout in the near term,” says Madanagopal Ramu, Head Equities & Fund Manager, Sundaram Alternates. Well, overall, … Read more

Dalal Street Week ahead: Is Nifty 50 poised for a short-term recovery?

by
Dalal Street Week ahead: Is Nifty 50 poised for a short-term recovery?

On the back of one of the major FII selloffs seen in recent times, the markets succumbed to strong corrective pressure through the week and ended the week on a very weak note. The Nifty 50 remained under selling pressure for the entire week; at no point in time, did it show any intention to … Read more

How will Biosecure Act impact Indian pharma companies? Aditya Khemka explains

by
How will Biosecure Act impact Indian pharma companies? Aditya Khemka explains

“There should be an alternate vendor that can support you, even if at higher prices or higher cost. So, I think that is where the Indian players come in. Remember, last we checked, Indian API exports were around $4 billion and that number compares to China’s API exports of roughly $40 billion,” says Aditya Khemka, … Read more

X now threatens employees earlier fired by Elon Musk, wants them to return money

by
X now threatens employees earlier fired by Elon Musk, wants them to return money

In yet another controversy, Elon Musk’s social media platform X is now asking some former employees in Australia to pay back overpaid severance. The platform which laid off around 80 per cent of employees since Musk’s acquisition had reportedly made a mistake while offering severance pay to these employees and now the platform is threatening … Read more

I have Rs 85 lakh remaining in home loan. I recently inherited Rs 20 lakh. Should I repay my loan or invest?

by
I have Rs 85 lakh remaining in home loan. I recently inherited Rs 20 lakh. Should I repay my loan or invest?

I am 45 years old. My monthly income is Rs 2 lakh. I have a home loan EMI of Rs 70000. I have invested Rs 10 lakh in mutual funds and another Rs 5 lakh in fixed deposits. My monthly mutual funds commitment is around Rs 20,000. I recently inherited Rs 20 lakh.Should I use … Read more

We’ll soon introduce mutual funds to smallcases, says Vasanth Kamath of Smallcase

by
We’ll soon introduce mutual funds to smallcases, says Vasanth Kamath of Smallcase

Smallcase provides curated stock and ETF portfolios managed by research analysts and investment advisors. This allows individual investors to take a simple, diversified portfolio-based approach with the help of professionals. Vasanth Kamath, Founder and CEO of Smallcase, talks to Navneet Dubey of BT Money Today about smallcases and how it leverages its growth along with the presence … Read more

As $1b limit nears, MFs told to suspend overseas ETF inflows

by
As b limit nears, MFs told to suspend overseas ETF inflows

Mumbai: India’s capital markets regulator has ordered local mutual fund managers to stop accepting money in plans that invest in overseas exchange traded funds (ETFs) as a $1-billion cumulative sectoral limit for such investments is close to being breached. The Reserve Bank of India (RBI) regulates the fund inflows and outflows involving locally pooled investments … Read more