Foreign Portfolio Investors (FPIs) have demonstrated their confidence in the Indian equity market by pumping a staggering Rs 37,316 crore in May. This substantial investment, the highest in the past six months, can be attributed to the robust macroeconomic fundamentals and the reasonable valuation of Indian stocks. FPIs play a crucial role in the Indian […]
The Indian government recently announced a major change to simplify international transactions. The government announced that international debit and credit card users can now make payments of up to Rs 7 lakhs per financial year without being subject to LRS and TCS limits. Education and health payments will also benefit from TCS treatment. This decision […]
The recent gathering of finance chiefs from the Group of Seven (G7) advanced economies in Niigata, Japan, has brought attention to their efforts in addressing China’s increasing global influence. While the G7 did not explicitly single out China as a threat in their communique, it is evident that the world’s second-largest economy will play a […]
In an announcement made on Friday, leading pharmaceutical company Cipla revealed its consolidated financial results for the fourth quarter and full year ending March 31, 2023. Cipla’s impressive financial results showcased remarkable growth and profitability during this period, highlighting the company’s strong performance and successful execution of its strategies. These results have enabled Cipla to […]
Even after making the most of their savings and investment opportunities, a significant number of women continue to struggle with meeting their basic needs. When there is an immediate requirement but just a limited quantity of money available, loans are often the first alternative that is examined to meet the requirement. Raising the interest rate […]
Several mid-cap mutual funds have given very high returns in the last 10 years. Data on the website of the Association of Mutual Funds in India (AMFI) as of April 21 shows that there are at least 11 mid-cap funds that have given a return of over 19% under the direct plan in 10 years. […]