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2024-12-11 13:55:35| The Economic Times

Nithin Kamath highlighted the lack of an advisory ecosystem in India, particularly RIAs and MFDs, as a major hurdle for the mutual fund industry's growth. He emphasized the importance of MFDs in reaching smaller cities and towns. Despite the growth in SIP investments, the industry needs a stronger advisory network for further expansion.

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2024-12-11 11:47:24| BBC News | Business | World Edition

The cost of renting rose sharply after lockdown was lifted but the rate of increase is now slowing.

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2024-12-11 08:47:11| The Economic Times

However, recent dollar strength, rising to 106-107 from 104 levels, has pulled gold prices down to around $2,670. Factors like Middle East conflicts, Syria tensions, and discussions of 100% U.S. tariffs on BRICS countries continue to influence the price trends. Gold is now stabilizing between $2,600-$2,700 per ounce, while silver trades around $30-$32.

Category: News and Media

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