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......

US Fed rate cut unlikely to impact foreign inflows into India

The US Fed rate cut of 50 basis points is unlikely to have any significant impact on foreign inflows into India, Economic Affairs Secretary Ajay Seth said on Thursday. The Federal Reserve building......

Slow capex growth may halt cement stocks' rally

The recent price correction in broader markets has hit cement companies hard. Image used for representative purpose only. Photograph: Anindito Mukherjee/Reuters So far in the current month,......

SIP wave hits record level, more to come

India’s mutual fund (MF) industry had barely any retail footprint when it completed 50 years in 2013. Illustration: Dominic Xavier/Rediff.com MFs had Rs 7 trillion in assets under......