Inflows into equity mutual funds (MFs) continued their strong momentum in July, despite the market volatility triggered by the Union Budget. Illustration: Dominic Xavier/Rediff.com Active MF......
'In the short term you keep your return expectations very, very low; in the medium term be prepared to invest and in the long term growth will come and your returns from stocks will be high.'......
Fear of a recession in the US due to rising unemployment has added to the concerns of India’s IT services sector, which was seeing some growth returning after Q1FY25 results. IMAGE: People......
The first quarter results (Q1FY25) of Indian IT services hint towards better fiscal growth than the preceding year, but as the management commentary said, “there is still some time for the......
Overall market reaction to the Budget was neutral. Illustration: Dominic Xavier/Rediff.com Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes......