India's GST Revenue Hits Record High in March 2024, Continuing Strong Growth Trend

In a testament to India's economic resilience and growth trajectory, the Gross Goods and Services Tax (GST) revenue for March 2024 has surged to an impressive

Bajaj Finance to raise approx. $ 1.2 billion (Rs 10,000 crore) via QIP, preferential issue

The company shall seek the endorsement of its shareholders for the envisaged QIP and PI through the

IIT Madras Students' Hyperloop Team Avishkar emerges among top 3 Globally at European Hyperloop Week 2023

The Indian Institute of Technology Madras (IIT Madras) Students’ Hyperloop Team Avishkar has been recognized as one of the top

Zepto joins Unicorn Club with $ 200 million funding, valued at $1.4 billion.

Electric Vehicle Indian startup Euler Motors that designs and builds commercial

Perspectives on India and China under Today's Context

PREFACE:  On November 30, Gao Feng Advisory's CEO Dr. Edward Tse had a dialogue with Ram Narayanan, Group Director – Market Development (Metals Business) at Vedanta Limited

Bullion Markets: Activity and Action this week

Bullion Market has seen a consistent gain after our advisory issued on 19^th October 2022 and registered around 20% gain from recent low hit around third week of October 2022.

Bond Markets started the year with a record Interest from the Investor

Bond Markets fuel an unprecedented interest from the Investor for the governments and corporates bonds around the world; funded close to half a trillion dollars through debt instruments in January 2023 till now.

BOND MARKETS WEEKLY REPORT || 24th October 2022

Global Investors have watched from sideline the wild gyration of Gilts & British political fiasco. Global Bond Markets seen some of the most violent moves in the last few weeks.

Global Markets Weekly Reports || 24th October 2022

Wall Street ended higher; Inflation fear clipped the overall sentiment in the Stock Markets. Fed Monetary Policy meetings planned November 1-2 would be closely watched, as US Economy entered Recession and Europe is heading towards it as perceived by the Analysts. 

Logistics startup Ecom Express raises $39 million funding from existing Investors

E-commerce focused logistics startup Ecom Express raised $ 39 million in funding from existing Investors Warburg Pincus, CDC Group and partners Group as per regulatory filings.

HealthTech startup MedGenome raises $50 million funding led by Novo Holdings

Novo Holdings leads $50 million investment in MedGenome, alongside its existing investors, LeapFrog Investments and Sofina; to accelerate expansion into new markets and deepen product offerings.

The ‘Big Bull’ Rakesh Jhunjhunwala passed away at 62

Rakesh Jhunjhunwala often referred to as India’s Warren Buffett, inspired an entire generation to believe in India’s growth story, and Indian equity market with his in-depth analysis and foresight to see the future.

Indian parliament elected Jagdeep Dhankhar as its 14th Vice President

National Democratic Alliance Jagdeep Dhankhar, the former West Bengal Governor, defeated Margaret Alva, joint opposition’s nominee in the Vice President election.

RBI Monetary Policy: Governor Shaktikanta Das hiked repo rates by 50 Bps, focus moved to support Growth

RBI Governor, Shaktikanta Das says that the MPC decided to hike the policy repo rate by 50 basis point under the liquidity adjustment facility (LAF) to 5.4 percent.

Sequoia India and South-east Asia raises US$2.85 billion funds

Sequoia India and South-east Asia have collectively amassed $2.85 billion funds. This company has earmarked $2 billion for India, while the rest will be deployed across early- and growth-stage startups in Southeast, the company said in

Nirmala Sitharaman : India GDP growth to be robust 8.9% signals speedy recovery

India’s economic growth in the current financial year has been robust and is estimated to be 8.9 percent which is the highest among all large economies.

ICICI Bank reported a stellar performance in the fourth quarter, PAT grew 59.4% YoY & excellent growth shown in both Deposits & Advances

Total revenue for the quarter rose 16 percent YoY to Rs 505.91 bn from Rs 437.06 bn in the previous year quarter. It closed FY 2022 with a record revenue, for the first time crossing $25 billion annual revenue.

INTEREST RATE HIKE: The Central Banks Rate Actions of Major Countries

We tried to analyze the action of the Central Banks of the Major Countries in the recent past and how many of them are following the path of Federal Reserve. 

TCS reports revenue at Rs 50,591 Crores at top of guidance a stellar performance in fourth quarter

Total revenue for the quarter rose 16 percent YoY to Rs 50,591 crore from Rs 43,706 crore in the previous year quarter. It closed FY 2022 with a record revenue, crossing for the first time $25 billion annual revenue.

RBI Monetary Policy: Governor Shaktikanta Das holds rates, continued its accommodative stance

RBI Governor, Shaktikanta Das says that the MPC decided to keep the policy rate under the liquidity adjustment facility (LAF) unchanged at 4.0 percent.

Budget 2022: Growth Oriented Budget, Key Highlights

Budget 2022: Energy Transaction, address Climate change & Reduce Carbon footprint important pillar

The budget proposes the strategy roadmap to generate huge employment opportunities and a strategic action plan which will take India to a sustainable development path.

India’s forex reserves rose to $ 642 billion an increase $ 1.9 billion

Foreign currency assets, a major part of the overall reserves rose to $ 578.46 billion an increased by 1.36 billion for the reported week, the RBI said in the weekly data.

Type Of Mutual Fund Schemes

There are different types of mutual funds in India. Each fund type focus to meet specific goals of Investor.

SIP OR LUMP SUM?  THE BENEFITS OF SIP AND LUMP SUM

Investments in mutual fund schemes can be done through two modes - a one-time lump sum payment or in Systematic Instalment Plans (SIPs). 

INVESTMENT GOALS MOST IMPORTANT ASPECT IN INVESTMENT PLANNING

As an Investor it’s important to set out clearing your Investment Goals before Investing. 

MCX To Build New Technology Trading Platform On TCS BaNCS Product

Tata Consultancy Services (TCS) has been selected by the Multi Commodity Exchange (MCX), India’s largest commodity exchange to build a new technology platform for trading as well as post-trading functions.

India & Singapore embark towards rationalisation of International Fund Transfer charges

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India embark to connect their respective fast payment systems, India’s UPI and Singapore’s PayNow. The linkage is targeted for operationalisation by July 2022.

MUTUAL FUNDS | MUTUAL FUNDS SCHEMES ON RISK / RETURN SCALE

A mutual fund (MF) is an investment vehicle where a number of investors pool their money to earn return on capital; managed by a professional Fund Manager or Portfolio Manager. 

Indian Mutual Fund Industry’s grew at rapid pace in financial year 2020-21

Asset size of Indian Mutual Fund Industry grew by 40 percent in financial year 2020-21 

Mutual fund (MF) asset size has grown at a rapid pace in financial year 2020-21. According to data from AMFI, MF Industry asset size grew to Rs 31.42 trillion in 2020-21, which is 40 percent higher than the previous financial year. India’s stock market has seen one of biggest market rallies in recent time which brought the Investor back to Mutual Fund Industry. Distribution Income is showing a sign of tepid growth a sign of maturity in the Market and industry is heading for a major Digital transformation to cut down on cost. 

RBI may come out with digital currency model in near future, says Deputy Governor

One of the Deputy Governors at the central Bank, T Rabi Shankar commented during Q&A session post-monetary press conference about digital currency. As was indicated in the speech, earlier, we are internally evaluating issues of the scope, the technology, the distribution mechanism, validation mechanism, etc. These are extremely evolving technology and business choices that one has to make. So, it will be difficult to pin a date on it, except what I said that we should be able to come

RBI Monetary Policy Highlights: Interest Rate status quo maintain; repo rate unchanged at 4%

The Reserve Bank of India (RBI) to maintain growth momentum kept interest rate at record lows for a seventh time in a row.

Indian PM Modi launches e-RUPI a digital India drive

‘e-RUPI’, a pre-paid digital payment voucher, which will help government to completely removed leakages in distributing government subsidies.