The Indian equity markets fell for the fourth consecutive session on Monday as investors remained jittery amid a mix of negative global and domestic news flow. The 30-share Sensex lost 491.28 points or 1.25% to close at 38,960.79. The index has lost nearly 1,000 points in the last four sessions. Among the Sensex pack, as […]

The negative news flow and the record downgrades of debt instruments has made investors wary of investing in fixed income funds, but such schemes should still be a part of an investor’s portfolio, says A. Balasubramanian, CEO, Aditya Birla Sun Life Asset Management Company. Mr. Balasubramanian, who manages assets totalling ₹2.65 lakh crore, believes that […]

Wholesale price-based inflation hit a 22-month low of 2.45% in May on falling prices of food articles, fuel and power items. The Wholesale Price Index (WPI)-based inflation was at 3.07% in April this year. It was 4.78% in May 2018. Inflation in the food articles basket was 6.99% in May 2019, down from 7.37% in […]