What you should know about the core and satellite portfolio strategy for effective allocation of assets in mutual fund schemes in the market.

The bank estimates a net gain to consumption of Rs 0.7–1 lakh crore—equivalent to about 0.2–0.3 percent of GDP—with the potential for an even larger impact as savings from reduced cess translate into higher demand. 

Flurry of western disturbances, monsoonal ‘low’s combined to trigger heavy rain so far: KJ Ramesh, former D-G, IMD

A rally in IT and capital goods shares and hopes that the U.S. Federal Reserve will cut interest rates next week also instilled optimism in the markets

Equity mutual fund inflows experienced a 22% decrease in August, totaling Rs 33,430 crore, primarily due to a reduction in new fund offerings. Despite this dip, equity schemes maintained their positive momentum, marking the 54th consecu ...more

Novo Nordisk is set to reduce its workforce by 11%, eliminating 9,000 jobs globally, including 5,000 in Denmark, to save $1.3 billion amid rising competition for its obesity treatments. This restructuring follows a lowered earnings fore ...more

The centre showcases German-engineered furniture fittings, door hardware, lighting, and built-in kitchen appliances, designed to offer customers a standardised and immersive experience

At the interbank foreign exchange, the rupee opened at 88.14 against the U.S. dollar and traded in a narrow range of 88.06-88.19 before settling at 88.11