The economic slowdown, which has been gathering pace since the start of 2018, has now come to bite mutual fund returns. Key equity mutual fund categories have delivered lower returns than the Public Provident Fund (PPF), a risk- and tax-free debt instrument, in the last five years, even as more and more people are now investing in mutual funds, enthused by the government’s promise of bold economic reforms.
Neal Bhai
Global Economic Data to Watch Friday, September 6
In much the same way as the US economy’s Manufacturing PMI, the health and pace of the German industrial sector is also the driving force not only for its domestic economy but really for that of the European Union as a whole.
India’s Gold imports Hit Three-year Lows, May not have a big impact on Gold prices
India’s Gold imports Hit Three-year Lows, May not have a big impact on Gold prices. Indian Gold imports in August fell 73% from a year ago to hit the lowest level in three years as the hike in import duty and record highs in local prices curbed retail demand, a government source said on Wednesday.
Why Gold Prices are Rising Suddenly 40,000?
The uncertainty over US-China trade talks, developments in the global market and talks surrounding recession are some of the key reasons that have triggered a rise in prices of gold, reported Business Today.
Mahindra Eye $6.3 Billion Order From US Postal Service – Stock Market
Stock Market News Report – Mahindra eye $6.3 billion order from US Postal Service – Mahindra Automotive North America (MANA), a subsidiary of Mahindra & Mahindra, …