Contributions to mutual fund schemes through systematic investment plans or SIPs remain unfazed from the market volatility in 2022 with inflow growing to Rs 1.5 lakh crore in 2022, a surge of 31 per cent from a year earlier, due to higher retail participation. In comparison, an inflow of Rs 1.14 lakh crore through the [...]
Axis Bank has trumped every competitor for the 16th consecutive year in 2022 as a rupee domestic bond issue arranger, cornering 19.20 per cent market share or Rs 92,904.5 crore across 127 issuances. Significantly, the top three spots are retained by private sector lenders with the second position maintained by ICICI Bank with a market [...]
We at Trade Brains, are building FinGrad with one goal. We want to teach stock market trading and investing to all Indians. And in order to reach our goal, we have just launched a new version of FinGrad with a new design, more curated content, and awesome features. Here’s what the new FinGrad platform offers: [...]
Ace investor Dolly Khanna is well-known for investing in undervalued small-cap stocks that often outperformed the benchmark indices by generating multi-bagger returns. Nonetheless, she is also known for booking a timely return. There is a new piece of information for investors who carefully follow her portfolio, She has recently turned bearish on two stocks in [...]
Bharti Airtel on Monday announced the launch of 5G services in Agra, Meerut, Gorakhpur, Kanpur and Prayagraj in Uttar Pradesh. The services are already live in Lucknow and Varanasi. Airtel '5G Plus' services will be available to customers in a phased manner as the company continues to construct its network and complete the rollout. Customers [...]
India's exports in December 2022 dipped by 12.2 per cent to USD 34.48 billion as against USD 39.27 billion in the same month last year, according to the data released by the commerce ministry on Monday. Imports in December 2022 also declined to USD 58.24 billion as against USD 60.33 billion in the same month [...]
Commerce and Industry Minister Piyush Goyal on Monday called for making a strong database of all startups in the country as it would help both public and private sectors. He said the database can help the government in its procurement of goods and services. Goyal added that there must be a number of startups having [...]
Marking the highest gains since listing, the shares of Sula Vineyards zoomed 19.23% to reach an intraday high of ₹ 388.00 apiece on the National Stock Exchange (NSE). This happened after the company reported robust quarterly results. Its shares were trading at ₹ 372.50 apiece at 01:27 PM on Monday. Sula Vineyards is India’s largest [...]
Private sector lender Federal Bank on Monday posted a 54 per cent rise in its profit at Rs 804 crore in the third quarter ended December 2022, on higher net interest income and improved asset quality. The bank had posted a net profit of Rs 522 crore in the same quarter a year ago. The [...]
State-run Bank of Maharashtra (BoM) on Monday reported a two-fold jump in its standalone profit after tax (PAT) at Rs 775 crore in the quarter ended December 2022 due improved asset quality. The Pune-based bank had posted a net profit of Rs 325 crore in the same quarter a year ago. The bank's total income [...]
