Wealth
Historically Indian banking has benefited from high savings rates and growth in savings as well as disposable income growth. Number of offline and online ATMs – 252,000 (as on Mar 2022) Total bank branches: ~123,000 Total Deposits – $2 Tn The Banking industry in India has historically been one of the most stable systems globally,…
A sharp correction in small-cap stocks portends souring risk appetite on the broader Indian market, which is now an underperformer in Asia Pacific after a multi-year rally.An index of small-cap stocks has lost more than $80 billion in market value in less than two weeks after authorities flagged risks of overheating and guided funds to…
This article presents an ETF rotation strategy. Sector rotation is popular and this is not without merit. The idea is to be in the sector that shows the best recent momentum. Today we present an ETF momentum rotation trading strategy based on monthly data in EEM, SPY, and TLT. In this short article, we give…
The defence industry plays a crucial role in safeguarding nations by producing and maintaining military equipment. India’s focus on reducing foreign dependence and promoting indigenous production, led by initiatives like “Atmanirbhar Bharat” and the Defence Research and Development Organisation (DRDO), has boosted the growth of domestic defence companies. This shift has opened opportunities for those…
The Performance Report is a Detailed Quote that includes today’s activity plus the previous four days of trading prices. Included are the Open, High, Low, Last,Change, % Change and Volume figures. The page is divided into multiple parts: For the period selected at the top right of the page, you will see the Date, Open, High, Low, Last, Change, Change Percent, and Volume for…
ndia’s foreign exchange reserves refer to assets held by the Reserve Bank of India (RBI) in foreign currencies. These reserves act as a cushion and provide liquidity, ensuring our country can meet its external obligations. The importance of Indian forex reserves cannot be overstated, as they play a vital role in maintaining the stability of…
I took four Air India economy class flights during a recent trip to Asia: These are my impressions of flying with Air India and transiting through Delhi Airport. While there were many positive aspects to Air India’s economy class, there were also some negative ones, and overall I’m still conflicted what to think about the…
As the national carrier of India, Air India traditionally has a more diverse and larger fleet, including a mix of wide-body and narrow-body aircraft. This allows them to operate both long-haul international flights and domestic routes. Meanwhile, IndiGo, primarily a budget airline, operates a fleet consisting mostly of narrow-body aircraft. They focus more on domestic and short-haul…
Six independent claims shops are joining forces under a common brand name, Claim Assist Solutions, and will share a propriety claims management system.Mumbai Wealth Management “Coming under a common name, while maintaining existing brand identities, conveys all the capabilities we can offer across our platform,” Claim Assist Pesident Ramon Lopez stated in a press release….
Did you know that over 70% of actively managed funds fail to beat the market? This staggering statistic has led many investors to embrace the humble returns offered by index funds. Index mutual fund offer a simple yet powerful way to build wealth and secure your financial future. Because of their simplicity and reliability, they’ve…