Mutual funds are getting richer

Yes, they are getting richer; particularly in the case of fixed-income funds whose performance has been far-fetched lately.


Markets set for best show in five years

Indian shares are set to end 2014 with their best gain in five years while bonds have rallied the most in six, backed by a decisive victory for the Narendra Modi-led National Democratic Alliance in this year’s general election and signs of improving


Phl growth may still be good for 2nd in Asia, says UBS

UBS has forecast growth to hit six percent next year but to slow down to 5.8 percent in 2016. The forecasts are both below the government’s seven-to eightpercent target for next year and the 7.5-to 8.5-percent goal for 2016.