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Stock Market News

Liquid funds strike a 3-month high after IL&FS worry fades

India Infoline News Service / 10:40, Dec 09, 2018

Flows to India’s money funds strike a three-month high in November as calmness returned to the credit market recently spoiled by a rare debt default.

Economy News

Repo rate unchanged at 6.50%; Reverse-repo at 6.25%

India Infoline News Service / 16:45, Dec 05, 2018

The SLR has been cut by 25bps for the Jan-Mar 2019 quarter and will reduce further by 25bps every quarter until SLR is at 18% of NDTL.

MF News

Net inflows in equity schemes decline 34% in Nov 2018

India Infoline News Service / 17:15, Dec 07, 2018

The total AUM of the mutual fund industry grew 8.1% mom to Rs24.03 lakh cr in November 2018 against 0.9% mom in October 2018. In November 2018. The AUM of all categories of mutual funds increased except Gold ETFs and FoFs (Overseas).

Global News

US markets' volatility checks investor patience

India Infoline News Service / 18:00, Dec 08, 2018

The S&P 500 Index sank 4.6% in the latest week, the biggest decline since March. In the past three weeks, U.S. stocks have alternated between gains and losses of at least 3%. Not since the height of the financial crisis a decade ago have investors been buffeted by that kind of volatility.

M & A News

Finablr acquires digital payments company TimesofMoney

India Infoline News Service / 15:19, Nov 30, 2018

TimesofMoney caters to institutions and merchants through its diverse portfolio of solutions, including white-labelled mobile payment platforms, payment gateways and payment aggregation solutions.

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