One of the longest serving mutual fund manager Prashant Jain‘s tendering his resignation at HDFC AMC has brought in a flood of emotional tweets for the ‘Doland Bradman‘ of the mutual fund industry. Jain, who exited as CIO of after 19 long years and was with the fund house for decades, had the unique distinction … Read more
(This story originally appeared in on Jun 16, 2022) Mumbai: Net foreign fund outflow from India in 2022 has crossed the Rs 2-lakh-crore mark, the biggest annual figure ever and more than double the previous high of Rs 80,917 crore recorded in 2018. Of the total, over 90%, or about Rs 1.9 lakh crore, was … Read more
NEW DELHI: Big voices on Dalal Street said the market is pencilling in $80-90 a barrel range for oil prices and while some short term impact on stocks due to Russia-Ukraine tensions is likely, the long-term India story remains intact. In an interview with ET NOW, Rashesh Shah of Edelweiss Group said geopolitical events have … Read more