Power Grid out of ETF; FinMin files offer document

Power Grid Corporation has been kept out of the proposed CPSE Exchange Traded Fund, which will now consist of 10 companies, including ONGC, Coal India, GAIL and Indian Oil. The Finance Ministry has......

Global ETF attraction reaches India

Exchange-traded funds, which have attracted a lot of investor attention globally, are also beginning to take off in India.An ETF is an investment fund traded on stock exchanges, much like stocks.......

'ETF market attractive opportunity'

With Goldman Sachs buying out the entire stake in Benchmark AMC, the acquirer plans to launch on-shore products in India once the deal is fully closed.Oliver Bolitho, Head of Goldman Sachs Asset......

'Gold prices to stabilise at $850-950'

Gold fell to, and held near-term support at $914.00 in overnight trading in Asia before turning higher in the morning hours, ahead of the New York opening. The dollar started out with solid gains......