banking

Budget 2024: DSP’s Anil Ghelani says banking and IT sectors may get boost from FM Sithraman’s announcements. Here is why

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Budget 2024: DSP’s Anil Ghelani says banking and IT sectors may get boost from FM Sithraman’s announcements. Here is why

Union Budget 2024: Finance Minister Nirmala Sitharaman will present the Union Budget 2024 in Parliament on July 23. The full-year Budget will follow an Interim Budget presented in February due to general elections. Anil Ghelani, Head of Passive Investments and Products at DSP Mutual Fund, believes that the government will focus on executing projects rather … Read more

This PMS is betting on India reaching 16% of world’s GDP by 2047

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This PMS is betting on India reaching 16% of world’s GDP by 2047

With this fund, Khemani, a Portfolio Management Service (PMS) manager, aims to capitalize on India’s economic trajectory, betting on sectors expected to undergo substantial growth, including manufacturing, banking, infrastructure, and consumption, as the country targets a $29 trillion GDP by 2047, accounting for an estimated 16% of global GDP. This strategy also reflects Khemani’s confidence … Read more