Mutual Fund Stocks Under Pressure as Market Corrections Impact AUM Growth

Mutual Fund Stocks Under Pressure as Market Corrections Impact AUM Growth

Asset management companies (AMCs) have been among the biggest beneficiaries of India’s rising equity penetration, especially in the post-pandemic years. Over the past five years, their assets under management (AUM) have surged over 200%, and in the last two years alone, AMC stocks have delivered impressive returns. However, the current market correction has put mutual…

Oil Prices Rebound as Peace Talks Stall and US Equities Strengthen

Oil Prices Rebound as Peace Talks Stall and US Equities Strengthen

Oil prices snapped a seven-week losing streak as US equity markets rebounded and peace talks between Russia and Ukraine hit roadblocks, dampening expectations of Russian crude returning to global markets soon. West Texas Intermediate (WTI) crude gained nearly 1%, settling above $67 per barrel, while Brent crude edged higher but remained just below $71 per…

NTPC Green Energy in Focus as 105 MW Shajapur Solar Project Becomes Fully Operational

NTPC Green Energy in Focus as 105 MW Shajapur Solar Project Becomes Fully Operational

New Delhi, March 13: Shares of NTPC Green Energy Ltd will be in focus on Thursday after its subsidiary, NTPC Renewable Energy Ltd, announced the commercial operation of the second and final phase of its 105 MW Shajapur Solar Project in Madhya Pradesh. Shajapur Solar Project Now Fully Operational In an exchange filing, NTPC Green…