paragraph

<h2>Top News</h2>1. RBI doubled annual overseas borrowing limit for corporates to $1.5 billion and temporarily abolished interest rate ceiling for NRI’s foreign currency deposits in order to boost foreign exchange inflows.

2. Open ended equity mutual funds witnessed inflows of ₹15498 crore in June 2022. The net Asset Under Management (AUM) of the Mutual Fund industry stood at ₹36.72 lakh crore.

3. BOI AXA AMC announces a change in name of AMC from BOI AXA Mutual Fund to Bank of India Mutual Fund, with immediate effect.

Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and <a href="https://kuvera.in/" target="_blank">kuvera.in</a>.

Weekend Wrap: Top news and market movers this week: 8 July 2022

From top newsmakers to market performance, here's the market wrap for the week ended 8 July 2022.

<ul><li>From top newsmakers to market performance, here's the market wrap for the week ended 8 July 2022.</li></ul>

Commodities Slump Is Set to Give India Relief From Inflation

TCS Q1 net profit rises 5% to ₹9,478 crore; sees no impact of likely recession immediately

REC seeks shareholders' nod to issue bonus share

Wall Street wavers following surprisingly strong jobs report

Axis Securities picks top mid and smallcap stocks for July; Take a look

CLSA downgrades ICICI Securities to underperform, cuts target price by about 38%

Earnings preview: Auto sector to see cost inflation in June quarter, relief expected from Q2FY23

Market wrap: Sensex, Nifty gain 3% this week; investors richer by nearly ₹8 lakh crore

Real estate investments can help tide over the current market volatility: Ashish Khandelia of Certus Capital

NFO Alert: Aditya Birla Sun Life launches Nifty 200 Quality 30 ETF

The fund house will choose top 30 companies from its parent Nifty 200 index, selected based on their quality scores. Read further to know more about the proposed launch of this fund scheme

Why brokerages remain bullish on SBI despite Q1 earnings missing estimates

While brokerages were unimpressed by the results on the back of low net interest income (NII) growth and miss in net interest margin (NIM) in the quarter under review but believed the largest public sector lender will report a strong earnings progression right going ahead.

New Sebi rules may adversely impact the bond market: Report

Bond platforms, either start-ups or businesses backed by banks or brokers, have boomed in India. They mainly target individual investors with a promise of much higher interest rates. SEBI proposes to bar platforms from selling privately placed corporate bonds.&nbsp;

SoftBank posts $17 billion Vision Fund loss in first quarter

SoftBank had booked a record loss at the Vision Fund unit in May as market turmoil driven by rising interest rates and political instability hit the tech investor.

These banks offer highest interest rates on their savings accounts

A savings account is the answer to many of your questions. If you are planning to open one soon, here are the top banks offering highest interest rates on savings account.