SBI Mutual Fund Surpasses ₹10 Lakh Crore in AUM: A Milestone in the Financial Sector SBI Mutual Fund, a prominent player in India’s asset management industry, has recently achieved a significant milestone by surpassing ₹10 lakh crore (₹10 trillion) in assets under management (AUM). This landmark achievement positions SBI Mutual Fund as the largest mutual…
Nvidia Overtakes Apple: A New Leader in Market Value In a significant shift in the tech industry, Nvidia Corporation has recently surpassed Apple Inc. to become the most valuable publicly traded company. This monumental event highlights the growing influence and market demand for artificial intelligence (AI) technologies. Nvidia, known for its cutting-edge graphics processing units…
Goldman Sachs Lowers India’s 2024 and 2025 GDP Growth Forecasts Goldman Sachs Revises India’s GDP Growth Outlook Goldman Sachs has recently revised its GDP growth forecasts for India for the years 2024 and 2025. The global investment bank, known for its in-depth economic analyses, has adjusted its predictions due to various economic factors influencing the…
The Yen Carry Trade: A Risky Bet Gone Wrong Introduction to Yen Carry Trade The Yen Carry Trade has long been a popular investment strategy among global traders. It involves borrowing in Japanese yen, which typically has low-interest rates, and investing in higher-yielding assets in other currencies. This trade has been particularly attractive due to…
Karnataka’s Ambitious Plan for Economic Growth Targeting Rs 1.4 Trillion Annual Investments Karnataka, known as the Silicon Valley of India, has set its sights on a momentous economic transformation, unveiling an ambitious plan aimed at attracting a staggering Rs 1.4 trillion in annual investments. This strategic move comes as a testament to the state’s commitment…
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