Commerce Minister Piyush Goyal on Wednesday underscored the need to deepen domestic capabilities across the electronics value chain, noting that greater self-reliance in both finished products and components will be key to sustaining India’s export momentum and reducing import dependence.
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Jefferies warned that Sebi’s proposed mutual fund fee revamp could trim AMC profits by up to 10% from FY27. The brokerage said cuts to exit load charges, brokerage fees, and total expense ratios may pressure earnings at top players like…
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PhonePe has raised $600 million of new funding from General Atlantic (GA) as it gears up for a local listing early next year. The latest investment reinforces its commitment to back the homegrown consumer internet company even as diversification of…
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The US Federal Reserve has lowered interest rates for the second time this year. This move aims to boost economic growth as the job market shows signs of slowing. Policymakers are closely watching inflation and job creation data. The decision…
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Groww IPO Dates: Groww, a leading online brokerage, is set to launch its Initial Public Offering in the first week of November. The IPO aims for an $8 billion valuation. This move follows a strong financial performance and rapid client…
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Key changes include removing an additional 5 basis points charge and excluding statutory levies from expense ratio limits. These proposals are open for public comment until November 17.
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