‘Rs 2 crore bills unpaid after reminders’, Navi Mumbai PWD contractor dies by suicide

Muthoot Finance shares tumbled over 10% after the gold loan lender reported slower AUM growth and margin pressure in the June quarter. While brokerages flagged intensifying competition and weaker profitability, they expect gold loan demand to remain healthy, with future performance hinging on margins, gold prices and competitive pricing.

NRIs investing in India should assess their global portfolio, existing India exposure, liquidity, risk appetite, taxes and repatriation needs before investing. For a Rs 1 crore portfolio, an illustrative allocation is 55–65% equities, 15–20% fixed income, 5–10% gold and 5–10% alternatives, complemented by real assets and diversification.

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