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☆ What working in finance taught Radhika Gupta about life
  + stars: | 2023-08-11 | by ( ) www.cnbc.com   time to read: 1 min
From days, to seasons, and even to growing older – life is full of cycles. So too is the world of finance, according to Radhika Gupta, CEO of Edelweiss Asset Management. There are really big highs and really big lows," Gupta told CNBC's My Biggest Lessons. "It's important to just ride through the lows and keep going on," she explained. This is just one of Radhika Gupta's biggest lessons.
Persons: Radhika Gupta, Gupta, CNBC's, Radhika Gupta's Organizations: Edelweiss Asset Management
☆ India likely to propose removing long-term tax benefits for debt mutual funds - source
  + stars: | 2023-03-24 | by ( ) www.reuters.com   time to read: +2 min
As such, the tax rate applicable would be based on the income tax slab in which the investor falls. Currently, investors in debt funds pay income tax on capital gains according to the income tax slab for a holding period of three years. "Debt mutual funds had a favourable tax regime as compared to banks' fixed deposits and small savings," Amit Maheshwari, a tax partner at AKM Global said, adding now debt mutual funds will be taxed at par with other investments. "This could impact debt mutual funds investments in corporate bonds." Mutual funds provided liquidity to debt investors, and the move is counter-productive to efforts for deepening bond markets in India, said Edelweiss' Gupta.
☆ The Indian market has become 'more robust,' says asset management firm
  + stars: | 2023-03-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Indian market has become 'more robust,' says asset management firmRadhika Gupta of Edelweiss Asset Management says although a single incident can cause temporary volatility in the market, the Adani crisis did not cause a "sustained impact" on global or domestic confidence.
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