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India's richest 1% own more than 40% of total wealth: Oxfam

The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed......

Stanchart to continue focus on wealth management in India

Standard Chartered’s India strategy will focus on wealth management while credit card will remain core to its business though will avoid competition with the country’s private banks,......

BSE Smallcap index hits record high; experts see more upside

The S&P BSE Smallcap index hit a record high 31,396.64, gaining nearly 1 per cent on the BSE in intra-day trade on June 7 after a strong rally in railway, auto and hospitals stocks. Illustration:......

Merger of Credit Suisse with UBS Group cleared

Fair-trade regulator Competition Commission of India (CCI) on Thursday cleared the proposed merger of Credit Suisse Group AG with UBS Group AG. Photograph: Denis Balibouse/Reuters Both Credit......

MFs raise equity bets as valuations improve; fund houses invest Rs 55k cr

Mutual fund houses have been on an equity buying spree in the past three months as they have invested a net amount of Rs 55,000 crore in them between January and March 2023. Illustration: Dominic......

More Pain Lies Ahead For The Markets

Expect heightened volatility and stress to hit the markets.Caution may be the need of the hour, alerts Akash Prakash. Illustration: Uttam Ghosh/Rediff.com Finally, the month of March has come to a......

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