inflation

‘New income tax regime is yet to have any meaningful impact on ELSS schemes’: AMC Expert

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'New income tax regime is yet to have any meaningful impact on ELSS schemes': AMC Expert

Deepak Ramaraju, Senior Fund Manager at Shriram AMC, shares insights on the market, discussing both global and domestic conditions, and focusing on factors like inflation and geopolitical tensions. He predicts a market rebound post-elections driven by corporate earnings, particularly in the SMID space. Additionally, he recommends Equity Linked Savings Schemes (ELSS) as a tax-saving option … Read more

Pickup in credit cycle, real estate are long term drivers of India Inc growth, says Tata MF Equity Report

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Pickup in credit cycle, real estate are long term drivers of India Inc growth, says Tata MF Equity Report

Notwithstanding a slowdown in the large economies such as those of US, UK and Europe, India’s economy is seen to be growing since there is a limited impact of other economies on India’s GDP/ profit growth.  This is reflected, among other key points, in the Tata Mutual Fund’s Equity Outlook Report for March 2024.    … Read more

World markets today: US equities slide after producer prices data

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World markets today: US equities slide after producer prices data

US equities slid on Thursday after hotter-than-expected producer prices data. At 10:01 a.m. ET, the Dow Jones Industrial Average was down 168.41 points, or 0.43 per cent, at 38,874.91, the S&P 500 was down 26.56 points, or 0.51 per cent, at 5,138.75, and the Nasdaq Composite was down 96.03 points, or 0.59 per cent, at … Read more