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Indian actively-managed equity funds continue to struggle to consistently outperform their benchmarks , particularly in large- and midcap categories. Yet, compared with active funds in most major markets, their record remains...
Strong growth in import tax collections helped push gross Goods and Services Tax (GST) collections up more than 15 per cent year-on-year to over ₹2.11-lakh crore in July. The July collections reflect taxes paid on goods consumed and services...
Buoyed by positive consumer sentiment and new model launches, passenger vehicle (PV) makers reported strong sales in July, with several companies posting their best-ever monthly volumes. Industry wholesales are estimated to have grown...
NEW HUB. Prime Minister Narendra Modi being briefed on the master plan of the Alluri Sitharama Raju International Airport after he inaugurated the terminal at Bhogapuram in Andhra Pradesh’s Vizianagaram district on Saturday. Chief...
Banks appear to be pulling out all the stops to mobilise Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits. Between June 8 and July 31, they raised $36.725 billion under the RBI’s limited-period facility, which bears the full cost of...
India’s Unified Payments Interface (UPI) logged its highest-ever monthly transaction volume in July, processing 23.66 billion transactions worth ₹29.88-lakh crore, according to data released by the National Payments Corporation of India...
The long-term outlook is bullish for ICICI Bank (₹1,435). The corrective fall that was in place since August last year has ended. The ₹1,400-₹1,350 region will now be a very good support which can limit the downside. ICICI Bank share price can...
The AI debate has never been hotter and to say that the bears won the argument last month would be an understatement. Any doubts? Look up South Korean stock markets. The benchmark KOSPI Composite Index completed ‘a month to forget’ in July...
