 "Despite market volatility, equity mutual funds saw record inflows, boosting investor numbers towards a historic 50 million milestone.")
Equity mutual funds (MFs) in India are experiencing remarkable growth, with inflows reaching Rs 37,113 crore in July, the second-highest monthly total ever. The investor base is expected to surpass 50 million by September, with over 10 million new investors joining in just a year. This surge is fueled by a strong equity Market performance ...
 "SpiceJet secures Rs 3,736 crore funding to regain market share and restore its reputation amidst ongoing financial struggles.")
SpiceJet, the low-cost airline, has successfully raised Rs 3,000 crore through a Qualified Institutional Placement (QIP) from global investors to improve its efficiency and reliability. The airline also plans to receive an additional Rs 736 crore from past funding to bolster its financial stability and support growth initiatives. With this investment, SpiceJet aims to strengthen ...
 "The Indian job market shows signs of recovery, with rising employment among youth and increased female workforce participation.")
The Indian job Market is currently facing challenges, particularly affecting entry-level positions for business school graduates. Both renowned and smaller institutions are seeing these impacts, with a decline in placement opportunities. However, there is a silver lining; in July, new monthly subscriptions to the Employees’ Provident Fund (EPF) rose by 2.6% to 1.05 million. The ...
 "The stock market surged dramatically, with top firms gaining significantly, while TCS, Infosys, and LIC faced steep losses.")
Last week, the BSE benchmark soared by 1,653.37 points, marking a significant 1.99 percent increase. This surge pushed the index to an all-time high of 84,544.31 points, with an intra-day peak of 84,694.46 points. The combined Market value of six of the top ten firms rose by Rs 1,97,734.77 crore, led by ICICI Bank, which ...
 "The Indian rupee hits a new low against the dollar amid surging foreign investments, sparking concerns of market overheating.")
This September, foreign investors have significantly increased their investments in Indian equities, pouring in around Rs 33,700 crore, mainly driven by the US Federal Reserve’s recent interest rate cut. This surge marks one of the highest monthly inflows this year, showcasing renewed confidence in the Indian Market. The overall investment from foreign portfolio investors has ...
 "Qualcomm considers acquiring struggling Intel, sparking potential landmark deal amidst Intel’s drastic turnaround efforts and market decline.")
Qualcomm is exploring the possibility of acquiring Intel amid the latter’s ongoing struggles in the semiconductor industry. The California-based company has proposed a friendly takeover, considering the purchase of all or part of Intel. This potential deal could be historic, especially as Intel faces significant challenges, including a sharp decline in its stock value over ...
 "In a dramatic rescue, Delhi police saved 44 sleeping labourers from a raging fire, preventing tragedy at a furniture market.")
In a dramatic rescue, police managed to save 44 labourers from a four-storey building engulfed in flames at a furniture Market in central Delhi. The incident occurred early Saturday morning when a fire broke out at 3:20 AM, with smoke reported on the ground floor, which was used as a furniture godown. The workers were ...
 "Overseas funds are surging back into India’s trillion market, driven by political stability and promising growth prospects.")
Overseas funds are making a strong comeback in Indian stocks, as net foreign purchases reach $8.5 billion this quarter, the highest since mid-2023. Investors are encouraged by Prime Minister Narendra Modi’s stable government and India’s growing economy, which is set to become the third-largest globally by 2028. Despite Indian equities being pricier than many emerging ...
 "The RBI’s strategic .93 billion intervention stabilizes the depreciating rupee amidst fierce market volatility and global pressures.")
The Reserve Bank of India (RBI) has reported a significant activity in the foreign exchange Market, revealing it bought a net total of $6.93 billion in July. During this month, the RBI purchased $23.57 billion and sold $16.64 billion, marking a contrast to June when it sold a net amount of $2.11 billion. In July, ...
 "The Fed’s unexpected rate cut sparks global market tensions, igniting fears of a looming recession as policymakers scramble to respond.")
The Federal Reserve’s recent decision to cut interest rates by half a percentage point is likely to influence global monetary policies. Fed Chair Jerome Powell reassured the public that the U.S. economy remains stable, despite fears of recession. This rate cut provides relief to emerging markets facing high U.S. borrowing costs, allowing them to adjust ...
