Three important medium-term questions about the economy

Three important medium-term questions about the economy

GDP numbers for the first quarter of 2021-22 will be released on August 31. In its latest resolution, the Monetary Policy Committee of the Reserve Bank of India projected 21.4% growth in the quarter. This will not make up for the 24.4% contraction in the same period last year. Other forecasters, such as State Bank […]

FPIs invest Rs 5,001 cr in Indian equities so far in August

FPIs invest Rs 5,001 cr in Indian equities so far in August

Mumbai: Foreign portfolio investors (FPI) have made a net investment of Rs 5,001 crore so far in August in Indian equities, according to data from NSDL. The FPIs have made a comeback after a net outflow of Rs 11,308 crore in July. With the investments in August, the net FPI investment in the equities segment […]

IPOs RUSH: Didn’t get ALLOTMENT this month? More public offers coming for you! 23 companies submit documents to SEBI in August

IPOs RUSH: Didn’t get ALLOTMENT this month? More public offers coming for you! 23 companies submit documents to SEBI in August

This seems IPOs (Initial Public Offers) rush is not going down anytime soon. This year has already seen 36 IPOs opening for public subscription, as per the National Stock Exchange (NSE) data alone. From Indian Railway Finance Corporation Limited (IRFC) IPO on January 8, 2021, till Aptus Value Housing Finance India Limited and Chemplast Sanmar Limited on August 12, 2021, the IPO market has […]

Mutual Funds: Five reasons to invest in a global fund

Mutual Funds: Five reasons to invest in a global fund

However, as investors, we tend to have a home bias, i.e., a preference to invest in domestic securities over foreign securities. By Jinesh Gopani Courtesy globalisation, we are all consumers of global products in our day-to-day life. Whether it is our smartphone, the social networking apps we use or the e-commerce platforms we shop on, […]