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Explainer: What is the distinction between a multi cap and flexi cap fund?

Mutual fund investors looking for diversification have two main options: flexi-cap and multi-cap funds. Both these options aim to invest across different market capitalizations but do so to varying degrees.

Why Vance-ism received’t be the longer term

Trump’s genius, which is to be rightwing but not pious, is lost on his election running mate 

Can tyrants be curtailed?

Two books examine how today’s autocrats differ from those of the past, and what liberal democracies can do to counter their influence

Wall Street closes up on revival supported by inflation knowledge, tech shares

Wall Street closes up on revival supported by inflation knowledge, tech shares

Wall Street indexes closed higher on Friday, with tech megacaps rebounding after mid-week sell-offs. Inflation data fueled optimism for potential Federal Reserve interest rate cuts. The Dow Jones ended positive for the week, boosted by 3M’s forecast increase. However, Tesla and Alphabet saw declines. Key tech earnings next week may influence market direction.

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Credit progress continues to lag deposit progress

Credit progress continues to lag deposit progress

The Reserve Bank of India (RBI) governor Shaktikanta Das expressed his concerns about structural changes taking place in the financial sector as a faster pace of credit growth than deposit growth potentially exposes the banking system to structural liquidity issues, while speaking at a media event last week.

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