Equity mutual funds witnessed an inflow of Rs 35,943 crore in November, marking a drop of 14 per cent on a month-on-month basis, amid heightened volatility in stock markets driven by various macroeconomic factors, geopolitical events and US election results. Despite this, it marked the 45th consecutive month of net inflows into equity-oriented funds, reflecting the growing popularity of mutual funds among investors, according to data from the Association of Mutual Funds in India (AMFI) released on Tuesday.
The Air India flight crashed into the sea after a mid-air bomb explosion in what was a failed assassination attempt on Chinese premier Zhou En Lai.
Nitin Desai, who has known Dr Singh from 1971, extends his 'deepest condolences to his wife Gurcharan Kaur and to his three talented daughters Upinder, the historian; Daman, the writer; and Amrit, the human rights activist.'
By democratising access to finance, empowering women and marginalised groups, and adapting to India's diverse regional landscapes, PMMY has helped fortify the country's grassroots growth engines, says Chief Economic Advisor to the Government of India, V Anantha Nageswaran.
'Market corrections are a natural part of investing, so it's essential to remain focused on long-term financial goals.'
Investors should avoid making drastic changes to their asset allocation during a market correction.
'We do not want to fall into a trap of uncontrolled escalation or all out conflict.' 'When the need arises we will do that.'
While growth in India is largely domestic and hence the overall GDP effect may not be more than 0.15-0.2%, but overall trade will be impacted due to every country going back to the drawing board, points out Madan Sabnavis.
Equity mutual funds witnessed a record inflow of Rs 41,887 crore in October, marking a surge of over 21 per cent on a month-on-month (MoM) basis, fuelled by robust investments in thematic funds. This also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting the ever-increasing appeal of mutual funds among investors, data with the Association of Mutual Funds in India (AMFI) showed on Monday.
German carmaker Volkswagen will be driving in its two globally acclaimed performance models Golf GTI and Tiguan R-line in India as part of its steps to enhance brand positioning in the country, a senior company official said on Monday.
Indian economy to grow at 6.3-6.8 pc in FY26, against 6.4 pc in FY25
After cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into the high double-digit growth sector.
Gautam Gambhir's position as India's head coach is under scrutiny following a string of disappointing results and reports of discontent within the team.
States are mandated to develop and implement 'heat HAPs' for prevention of heat-induced diseases. But most do not go beyond standard advisory on heat prevention.
'In the medium to long term mid-caps tend to generate higher returns, albeit with increased volatility.'
rediffGURU Aasif Ahmed Khan counsels students on the best career options in tech and engineering.
'They want to keep the pot boiling all the time.' 'The BJP wants to set a political narrative that the Gandhis are doing wrong things.'
State Bank of India (SBI) - the country's largest lender - has unveiled two new schemes to boost deposit mobilisation at a time when most banks are facing challenges in raising resources. The first is 'Har Ghar Lakhpati,' a pre-calculated recurring deposit (RD) scheme designed to help customers accumulate Rs 100,000 or multiples thereof and develop a savings habit.
Bhaichung Bhutia urges 'sports first' shift in Indian education to create world champions
Union Home Minister Amit Shah has asserted that the Narendra Modi government has "almost all" completed its ideological tasks, including the abrogation of Article 370, and will continue on the same path in its third tenure. Shah, a senior BJP leader, was speaking at the Hindu Spiritual & Service Fair in Gujarat, where he highlighted the government's achievements in areas such as the Ram Temple construction, abolition of triple talaq, and the implementation of the Uniform Civil Code (UCC) in Uttarakhand. He also emphasized the government's success in promoting Yoga internationally and repatriating stolen idols of Hindu deities. Shah lauded Hindu temples and organizations for their service to society, especially their contributions to education and healthcare for the poor.
In January, SIP account closures surpassed new registrations for the first time.
India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.
Former Indian Prime Minister Manmohan Singh accused his successor, Narendra Modi, of lowering the dignity of public discourse and the gravity of the office of the prime minister by giving "hateful speeches" during the 2024 Lok Sabha election campaign. In an appeal to voters of Punjab ahead of the seventh phase of Lok Sabha polls, Singh asserted that only the Congress can ensure a growth-oriented progressive future where democracy and the Constitution will be safeguarded.
The Budget 2025-26 meets the expectations of fiscal consolidation, maintaining capital expenditure, and boosting consumption through tax cuts.
rediffGURU Dr Nagarajan JSK helps students make the right career choices, particularly in the fields of medicine and pharmacy.
'The launch of Nila, our very first satellite was very emotional as well as nerve wracking. We tried to calm ourselves by cracking some poor jokes!'
After a silence of about three months, Orient-Express Hotels, the Bermuda-based luxury hotel chain, has finally broken its silence on the apology sought by Indian Hotels Company Limited.
Given the possibilities that next year's assembly elections could throw up, Stalin told the state assembly that an interim report had to be submitted by January 2026. The outcomes may well find its way into the DMK's poll manifesto, thus seeking to keep the electoral focus still on the BJP-ruled Centre and Prime Minister Modi, observes N Sathiya Moorthy.
Double Olympic medallist Neeraj Chopra is among only three track and field athletes retained in the sports ministry's revamped TOPS core group.
The finance minister, in her Budget speech, should focus more on what she is directly responsible for, rather than on programmes where her role is largely supportive, notes Nitin Desai.
A round-up of Saturday's fifth round action in the FA Cup
rediffGURU Major Inderpaul Singh (retd) offers career guidance and helps students and individuals handle challenges in their professional lives.
'Everybody was scared, especially with Rajesh Khanna playing a double role and playing my lover and my son.' 'It was quite a risky thing to do. That's why they made me look so old.'
Among the 11 equity sub-categories, thematic funds received the highest net inflows at Rs 9,017 crore, followed by smallcap funds at Rs 5,721 crore and flexicap funds at Rs 5,698 crore.
With over 10 deals announced in 2024, the cement sector logged the highest number of pacts, including acquisitions and fresh financial investments, in a single calendar year since 2014, with the combined value of investments over $3.5 billion. During the year so far, 11 deals have been announced, according to Bloomberg data.
The Anti-Discrimination Student Movement (SAD), which led protests against Bangladesh Prime Minister Sheikh Hasina, has launched itself as a political party called the National Citizen Party (NCP). The new party, which aims to 'dismantle constitutional autocracy' and establish a 'second republic,' has pledged to create a 'solely Bangladesh-oriented' political system, with no room for 'pro-India and pro-Pakistan politics.' The NCP's inaugural rally was attended by representatives of various political parties, including the Bangladesh Nationalist Party (BNP), Jamaat-e-Islami, and envoys from the Vatican and Pakistan.
Your choice between the Old and New Tax Regimes should reflect your financial strategy and investment goals, says Ramalingam Kalirajan
By understanding the elements that rule your birth number, you can learn how to enhance your professional journey, improve your work life and grow in your career.
If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.
An Income-Tax Department internal committee reviewing the old direct tax law to pave the way for a new one has "largely" received suggestions for "simplifying" the language, better "structuring" the provisions and enlarging the ambit of schemes like presumptive taxation, CBDT chairman Ravi Agrawal said Sunday. Speaking to PTI during a post-Budget interview at his North Block office, Agrawal said the panel also "studied" the deliberations and processes of countries like the UK, Australia and some others where a similar tax law simplification exercise was undertaken.
