'The day is not too far when the share of MFs alone will be greater than that of foreign institutional investors.'
Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.
The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression. The Q2FY26 results suggest NIMs have bottomed out.
India's net revenues from the Goods and Services Tax (GST) rose at a three-month high pace of 10.7 per cent in August even as growth in gross collections slowed to 6.5 per cent from 7.5 per cent in the previous month, thanks to a nearly 20 per cent decline in refunds to taxpayers during the month.
Australia opener Usman Khawaja has been ruled out of the second Ashes Test against in England in Brisbane later this week by a back problem.
Foreign investors have pulled out Rs 11,820 crore ($1.3 billion) from Indian equities in the first week of this month, primarily driven by the sharp depreciation of the rupee. This sharp withdrawal follows a net outflow of Rs 3,765 crore in November, further pressuring markets.
India host Sri Lanka for a five-match T20I series from December 21 to 30, with Visakhapatnam and Thiruvananthapuram set to stage the action.
New data reveals a significant drop in UK net migration, with Indian students and workers topping the list of those leaving the country.
Equity markets fell on Monday, with benchmark indices recording their worst session in over two months amid caution ahead of the US Federal Reserve's (Fed's) policy announcement and renewed uncertainty over the US-India trade deal. Sustained selling by foreign portfolio investors (FPIs) also weighed on sentiment.
Average employee salaries in India are set to increase by 9 per cent in 2026, with a renewed focus on short-term incentives and skills-based systems, a report said on Wednesday. According to Mercer's Total Remuneration Survey 2026, organisations in India are shifting toward broader, more holistic value propositions and the top factors influencing salary increases include individual performance, inflation and the organisation's competitiveness in the job market, among others.
The Indian pair of Treesa Jolly and Gayatri Gopichand retained the women's doubles crown but Kidambi Srikanth's hopes of snapping an eight-year title drought went up in smoke as he suffered a heartbreaking loss in the final of the Syed Modi International Super 300, in Lucknow on Sunday.
Washington is learning about batting: Doeschate, as all-rounder focusses on big-hitting at nets
Lakshya Sen stormed into the men's singles final of the Australian Open Super 500 badminton tournament after a gritty three-game victory over world No. 6 Chou Tien Chen of Chinese Taipei in the semi-finals, in Sydney, on Saturday.
The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.
The rupee recovered 55 paise from its all-time low level to close at 90.38 against the US dollar after a volatile trade on Wednesday, amid suspected aggressive central bank intervention.
Never believed in over-preparation, all my game has been mental: Kohli
The continued MF buying has pushed the equity holding of MFs to over Rs 50 trillion for the first time.
Lyon thump Maccabi Tel Aviv to go top, Forest keep on winning
As a player, you cannot move forward without passion and fire: Sachin Tendulkar
Germany beat Spain in shoot-out to win eighth FIH Junior WC title
Australia paceman Josh Hazlewood's hopes of playing in the third Ashes Test in Adelaide have dimmed after he suffered a new injury setback during his recovery from a hamstring strain.
'We thought he'd play a huge part in the series. But really feel for him that he won't get that opportunity.'
'This will bring in a lot of net new users to UPI.'
Intent does not always translate immediately into numbers, and effort however sincere needs to find expression in runs, especially with a World Cup drawing closer.
'We operate in an economy that is structurally positioned for long-term growth. As market levels rise over time, our AUM grows in line.'
Fighting India beat Belgium in shoot-out to enter FIH Jr WC semifinals
States will remain "net gainers" of the proposed GST rate rationalisation exercise with their GST revenues, including devolution, estimated to be over Rs 14.10 lakh crore this fiscal, according to an SBI Research report released on Tuesday. It said that, as was evidenced in the earlier exercise of GST rate rationalisation in 2018 and 2019, an immediate reduction in rates can cause a short-term dip of around 3-4 per cent in month-on-month collections (roughly Rs 5,000 crore, or an annualised Rs 60,000 crore), revenues typically rebound with sustained growth of 5-6 per cent per month.
Manchester City maintained their squeeze on Arsenal at the top of the Premier League with a 3-0 victory at Crystal Palace on Sunday, a result that keeps Pep Guardiola's side lurking two points behind the leaders and ready to pounce.
EPF doesn't just build your retirement fund -- it also provides free life insurance up to Rs 7 lakh under the EDLI scheme.
Star Indian shuttlers Satwiksairaj Rankireddy and Chirag Shetty entered the men's doubles second round with a tough straight-game win over Chinese Taipei's Chang Ko-Chi and Po Li-Wei at the Australian Open Super 500 tournament in Sydney on Tuesday.
Rajasthan's Sanskar Saraswat clinched his maiden Super 100 title after eking out a three-game victory over fellow Indian Mithun Manjunath in the men's singles final of the Guwahati Masters in Guwahati on Sunday.
Liverpool shrugged off the absence of Mohamed Salah as midfielder Dominik Szoboszlai scored an 88th-minute penalty to give them a 1-0 Champions League win at Inter Milan.
The country also mounted bids on some high-profile continental and global events, including the 2031 World Athletics Championships with Ahmedabad as the proposed venue.
Australia captain Pat Cummins will be ready to return from injury for the third Ashes Test against England in Adelaide.
India's first World Cup-winning captain Kapil Dev says a modern-day head coach's role is more about "managing" players than actually coaching them, amid criticism surrounding Gautam Gambhir's working style.
At 29, when most fast bowlers are either established or quietly drifting out of the spotlight, Auqib Nabi Dar has finally arrived through patience, persistence and a refusal to let geography decide his fate.
Inter edge Genoa to go top
The Securities and Exchange Board of India (Sebi) on Wednesday overhauled the cost framework for the 80 trillion domestic mutual fund (MF) industry, introducing a simplified structure aimed at improving transparency for investors while balancing the impact on asset managers.
The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global expertise, while boosting insurance coverage in the country. A bill to amend the insurance law is likely to be tabled on Monday in Parliament, whose winter session is slated to conclude on December 19.
Construction major L&T is gearing up to expand its footprint in the global nuclear supply chain, a senior company official has said, while calling for amendments to key legislations on the domestic front to pave the way for the entry of private players and foreign capital necessary for capacity enhancement.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances