Investment Plan

Repeat investments in corporate bonds on its platform also quadrupled in 2024, indicating strong investor confidence

Fintech platform MarketsMojo on Wednesday announced the launch of its mutual fund investment and distribution services platform MOJOMF. The platform will be a complete advisory solution on mutual funds with guidance on how to generate alpha on investments. The move is aimed at attracting more investors, especially the youth, by making investment processes and advisory simple, accessible and free of charge. "Investors will benefit from our selection of funds, curated by our advanced algorithm, which is customised to fit one's risk tolerance and investment goals. "The ultimate goal is to deliver a balanced and precision-driven investment strategy, tailored to meet one's specific financial goals," Amit Golia, Group CEO at MarketsMojo, said. MarketsMojo also plans to provide a complete wealth management solution in the coming months, starting with the launch of mutual funds (MF), and eventually becoming an asset advisor across the family portfolio. This includes risk profiling and th

In a survey covering 2,000 gig delivery workers from 40 cities in India, nearly 20 per cent had an annual income between Rs 2.5 lakh and Rs 5 lakh

Mumbai led the investment landscape with $1.701 billion, followed by Bengaluru and Hyderabad

Proportion of women investors using fintech channels has skyrocketed from 14 per cent to 55 per cent in just five years

The firm claims that the latest funding comes even as it has $11 million in reserves. In total, it has raised $45 million in funding to date

India's inclusion in global bond indices was discussed for nearly a decade before the inclusion in the widely tracked JP Morgan index was finally announced last September

Align your decision with your financial goals and consider the tax implications before making a decision

Our top stop stories this week tell you about the pros and cons of government securities and what investors must know about compounding

The fund has about Rs 13,000 crore, half of that about Rs 6,500 crore is still pending (aka still to be used). That will be utilised over two years

Scheme was launched to enable farmers to save for the long term but now it is available for all

The current uptick is spread out across multiple sectors. There have been a slew of announcements in the past two months, including the ground-breaking for three semiconductor facilities

Linde talks about the global chemical company's blueprint for India, which ranges from an AI campus and more manufacturing facilities

The Assam Cabinet on Friday approved investment proposals worth over Rs 1,600 crore, Health Minister Keshab Mahanta said. "Four (business) groups have come forward to invest in Assam, and the cabinet approved their proposals," he told reporters. The total proposed investment is to the tune of Rs 1,612 crore, which will create employment potential - both direct and indirect - for 4,125 people, Mahanta said. The council of ministers also took several other decisions, including construction of a flyover in Jorhat district, amendment to the Right to Public Service Act, and officials taking over operations of panchayati institutions as per law.

"AI will consume a lot of energy and we are the global leader when it comes to fossil fuel energy and when it comes to renewable energy," he said

In 2020, India tightened scrutiny on investments from companies based in countries it borders, adding a layer of vetting and security clearances

Diversifying investments through multi-asset funds can be another smart investment move

Assam received a record investment proposal worth over Rs 11,000 crore in 2023 through which more than 10,000 jobs are expected to be created, Chief Minister Himanta Biswa Sarma has said. The chief minister said here on Thursday that a conducive environment for investment was created in 2023 and during the "landmark year", the state's industrial landscape changed under the Industrial and Investment Policy of Assam (Amendment), 2023. "In 2023, Assam saw a record investment proposal of over Rs 11,000 crore with proposed generation of more than 10,000 jobs due to our path-breaking customised incentive policy," Sarma said. Under the new industrial policy, customised incentives were offered for mega projects which have a minimum investment of Rs 100 crore and a minimum of 200 permanent employees. The highlights of the scheme in 2023 are a total of 17 investors, a proposed investment of Rs 11,753.7 crore, a proposed capital investment of Rs 8,775.5 crore and proposed generation of 10,906

The proposed category will likely have a higher minimum investment threshold but lower than that of PMS

Tata Coffee on Thursday received the board's approval for the capacity expansion of its Vietnam-based wholly-owned subsidiary firm at an investment of Rs 450 crore. The board has approved the setting up of an additional 5,500-tonne freeze-dried coffee facility in Vietnam, the company said in a regulatory filing. Tata Coffee said the additional capacity would be created with an investment of USD 53.3 million (approximately Rs 450 crore). The funds will be sourced from internal accruals and bank financing, it said. The company said the current capacity of Tata Coffee Vietnam Company is about 5,000 tonnes. About 96 per cent of the total capacity is under utilisation. The additional capacity which is proposed to be added in next two years aims to cater to growing demand for freeze-dried product, it added.