Among the worst hit were shares of Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker, which has shed roughly $61.35 billion in market value over two days
WGC defines gold ETFs as regulated securities that hold gold in physical form. These include open-ended funds traded on regulated exchanges and other regulated products like closed-end funds and MFs
India dedicated flows finally slowdown to 12-week low of $153mn this week after average weekly inflows of $1bn post-election results.
On the other hand, gold prices have seen a rise in the last few months amid steady demand, especially from the global central banks
Based on changes to the float during the three-month period ended March 2024, Freitas has calculated the possible weighting changes in these stocks and their likely impact on passive flows
Last month, Gold ETF AUM had topped Rs 30,000 cr; This year's rally burnishes image of silver, gold as 'safe haven' bets
Bitcoin and second-ranked Ether jumped on Monday, boosted by indications that asset managers will soon launch Hong Kong-listed ETFs for both tokens
The company plans to launch the MF vertical by June, said Vasanth Kamath, Founder and CEO of Smallcase
Sebi and some of the MFs have made representations to the Reserve Bank of India (RBI) seeking new limits but the central bank is yet to take a call
It comes at a time when Bitcoin touched its all-time high of $71,677 on Monday mainly due to the enthusiasm around Bitcoin ETFs
Plans to give index funds, ETFs exemption from 25% investment cap in group firms
Set to surpass previous year value of Rs 1.2 trillion
Two-wheeler major Bajaj Auto has set February 29 as the record date for its Rs 4,000 crore buyback
The move aims to enhance its equity exposure and earn higher returns for nearly 65 million subscribers
Investors deposited $371 million in the fund on Wednesday, pushing IBIT past the milestone, data compiled by Bloomberg show
Investors are looking at India to diversify their emerging markets portfolio amid worries about economic growth in China and Sino-US tensions, analysts said
Here is the best of Business Standard's opinion pieces for today
US regulator's decision will create 'new era' of crypto asset adoption, they say
The SEC's X account was compromised and a fake post claiming that the agency had green lit plans for the products fueled a brief surge in the price of the world's biggest cryptocurrency
There were an estimated 3.5 million Indian expatriates in the United Arab Emirates as of 2021, comprising about 30% of the Gulf country's population