Rupee tumbles 3% in 2024; turbulence to ebb in 2025

The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies......

Tax edge adds shine to gold ETFs

Inflows into gold exchange-traded funds (ETFs), which manage a total of  Rs 37,390 crore, have surged sharply in recent months. Illustration: Dominic Xavier/Rediff.com This trend is likely......

Citigroup VC may invest $15 mn in AnandRathi

Citigroup Venture Capital (CVC) is in talks to acquire 10-15 per cent stake in AnandRathi Securities, the Mumbai-based securities and wealth management firm, for nearly Rs 70 crore ($15 million).......

Anand Rathi innovates its strategy

Anand Rathi Securities, one of the leading stock broking house, adopted an innovative marketing strategy which aims to reach retail investors all over Gujarat covering six big cities and 44 other......