World Bank to share more data to attract investors to developing countries | World News

“All this work contributes to one goal: getting more private sector capital into developing economies to drive impact and create jobs,” Banga said. Photo: Bloomberg The World Bank will publish more of its proprietary data, including on debt defaults, starting next week as part of a push to attract more private sector investment to… Continue reading World Bank to share more data to attract investors to developing countries | World News

Gold off three-week lows as investors brace for US inflation data

By Swati Verma (Reuters) – Gold prices dipped on Monday as the U.S. dollar climbed ahead of U.S. inflation data this week. Still, bullion was off three-week lows after slowing U.S. job growth knocked bond yields from their recent highs. Spot gold was down 0.3% at $1,936.80 per ounce by 0757 GMT,… Continue reading Gold off three-week lows as investors brace for US inflation data

Investors in India see yet another year of high rates on price shock

By Subhadip Sircar and Malavika Kaur Makol   Traders in India are pushing back rate-cut bets to later next year as a sudden spike in food prices may send inflation above the central bank’s tolerance limit.    Overnight-indexed swaps show that India’s borrowing costs are likely to decline only in the second… Continue reading Investors in India see yet another year of high rates on price shock

China or India? Where should investors put their money in coming Asia boom

By Abhishek Vishnoi and Charlotte Yang   Money managers are navigating an historic shift: India’s ­population, at 1.43 billion, edged past China’s this year.   Now the world’s most populous country, India could experience a decades-long investment boom. Goldman Sachs Group Inc. analysts expect its share of global equity market capitalisation to… Continue reading China or India? Where should investors put their money in coming Asia boom

Shah releases Rs 10k each to 112 investors stuck in Sahara’s 4 cooperatives

Cooperation Minister Amit Shah on Friday started the process of returning hard earned money of crores of depositors of four cooperatives of Sahara Group by transferring the first tranche of Rs 10,000 each to 112 small investors. Shah said so far 1.8 million depositors have registered on the ‘CRCS-Sahara Refund Portal’, which was… Continue reading Shah releases Rs 10k each to 112 investors stuck in Sahara’s 4 cooperatives

Fitch’s US downgrade is advantage gold, retail investors can book profits too

GlobGlobal credit rating agency Fitch earlier this week downgraded US Sovereign rating from AAA to AA+, citing expected fiscal deterioration over next three years, a high and growing general government debt burden and steady deterioration in governance over the last 20 years.  This decision marked the first time in history that the US… Continue reading Fitch’s US downgrade is advantage gold, retail investors can book profits too

Morgan Stanley cuts rating on China stocks, asks investors to take profits

By Jacob Gu and John Cheng   Morgan Stanley cut its rating on Chinese stocks to equal weight Wednesday, saying investors should capitalize on a rally spurred by government stimulus pledges to take profits.   Chinese assets have gotten a boost in recent days amid a slew of promises from Beijing to… Continue reading Morgan Stanley cuts rating on China stocks, asks investors to take profits

Brookfield India REIT raises Rs 2,305 cr through sale of units to investors

Brookfield India Real Estate Trust has raised Rs 2,305 crore by selling units to institutional investors on private placement basis and will mainly use this fund for acquisition of two assets in Gurugram and Mumbai. In a regulatory filing, Brookprop Management Services Pvt Ltd, which is manager to Brookfield India REIT, informed that… Continue reading Brookfield India REIT raises Rs 2,305 cr through sale of units to investors

Franklin Templeton MF says returned over Rs 27,000 crore to investors

Franklin Templeton Mutual Fund (MF) on Tuesday said it has returned over Rs 27,000 crore to unit holders of six shuttered debt schemes till date. The amount translates to around 107.51 per cent of the aggregate reported assets under management value across the six funds as of April 23, 2020, when the fund… Continue reading Franklin Templeton MF says returned over Rs 27,000 crore to investors