Slowly, but surely, ETF investing catching up with Indian investors
Total ETF asset under management stood at Rs 2.07 lakh crore as of August end, and nearly half of that was concentrated on ETFs based on the Nifty50. AUM in … Read More
Month: October 2020
FinMin allows additional ₹7,106 crore borrowing by UP, AP
The Centre on Friday permitted Uttar Pradesh and Andhra Pradesh to go for an additional borrowing of ₹7,106 crore, to meet their expenditure require – The Hindu – Economy
Mahindra & Mahindra opens bookings for new Thar SUV
Vehicles in the price range of ₹9.8 lakh and ₹13.75 lakh; delivery will start from November 1, 2020 – The Hindu – Industry
Australian shares end over 1% lower after Trump tests positive
“The Trump COVID-19 diagnosis is a strong negative for financial markets and will lead to a rotation into defensive positioning,” said Jeffrey Halley, senior market analyst at OANDA. – … Read More
As outage ends, Nikkei plunges after Trump catches coronavirus
A day after all share trading was suspended due to a system glitch, Nikkei lost 0.67% to 23,029.90, its lowest close in five weeks, though it has managed to end … Read More
Warburg Pincus to invest Rs 700 crore in low-cost housing finance firm Home First Finance Company
The global private equity major added that the investment will be a combination of primary fundraising and secondary sales by existing shareholders True North and Bessemer Venture Partners. – … Read More
European stocks slide after Trump tests positive for COVID-19
Chemical, mining and oil & gas stocks stocks were the biggest decliners in early trading, down between 1.3% and 1.5%. – Stocks-Markets-Economic Times
LIC New Jeevan Anand Plan: Premium, Sum Assured, Eligibility, Other Details Here
The maximum maturity age for the LIC New Jeevan Anand policy is 75 years, with minimum policy term of 15 years and maximum policy term of 35 years. – … Read More
Trump tests Covid-19 positive; US futures fall; what experts say
Futures on the S&P 500 fell 1.8 per cent in Asian trading after the news, extending earlier losses, while barometers of risk appetite, such as the Australian dollar and Treasury … Read More
Bharat emerges the silver lining for the economy in Covid times
The government has been supportive to rural economy because of the migrant labour crisis, which means the flow of money into the Indian rural economy has been stronger than ever. … Read More