The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about $840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore in the entire January. Before that, they invested Rs 15,446 crore in December, data with the depositories showed.
'They are ideal for short-term financial goals like children's education or a down payment for a house.' 'They are also useful for transitional savings, such as during job switches or while starting a business.'
The MCA later had to apologise for the mismanagement, which was promptly addressed, but the governing body is keen to avoid any such incident.
Nitya Pandya led India Under-19's charge with a fluent 94 as the hosts finished at 316/5 on the opening day of the second youth Test against Australia.
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.
Foreign investors have withdrawn Rs 22,194 crore from Indian equities this month, driven by expectations of a weak earnings season, a steady rise in the US dollar, and concerns over tariff war during Donald Trump's presidency. This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed.
Stopping SIPs during a downturn undermines the benefit of rupee-cost averaging.
'It was great to have the Indian roots reflected in full force.'
Foreign investors have pulled out Rs 44,396 crore from Indian equities this month, driven by strength of the dollar, rising bond yields in the US, and expectations of a weak earnings season. This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed.
Given India's batting collapses in the last two matches, key changes to the playing XI are anticipated.
Just 18 months after pairing up, the young mixed doubles pair of Sathish Kumar Karunakaran and Aadya Variyath rise to World No 33.
In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.
He said India's dominance in world cricket is a perfect reflection of a steady "supply chain."
India's Finance Minister Nirmala Sitharaman has announced an ambitious plan to develop the country's top 50 tourist destinations in a "challenge mode", with the aim of boosting employment-led growth and attracting international visitors. The Ministry of Tourism has received a significant budget increase for 2025-2026, with a focus on enhancing tourism infrastructure, promoting domestic and international travel, and ensuring the safety of tourists, particularly women. The government plans to promote homestays, improve connectivity to tourist spots, and provide performance-linked incentives to states that demonstrate effective destination management. The budget also includes investments in public enterprises, skill development programs, and initiatives to promote medical tourism and spiritual tourism.
About 99,165 electric cars were sold in India in 2024, but electric car penetration -- share of electric car sales in total sales -- was just about 2.5 per cent.
Yashasvi Jaiswal on Wednesday joined the Mumbai camp after confirming his availability for the next round of Ranji Trophy
Rohit Sharma last played for Mumbai way back in 2015 against Uttar Pradesh.
A pet project of the Indian Army, four-legged robotic prototypes have been making waves at the Republic Day and Army Day parades in the past year.
India wicketkeeper-batter Wriddhiman Saha retires from all forms of cricket
Former cricketer Anil Kumble reacted to India's disappointing defeat to New Zealand in the second Test of the series in Pune, stating that India's batting has let the hosts down.
It was a protest which held a mirror to the government of a state taking pride in its commitment to democracy, gender equality and social indices.One person, who in his employed days had known governments and political parties at close quarters, told me that public perception of how the Kerala government handled the ASHA workers' strike had been terrible, reports Shyam G Menon.
A group of people staged a protest on Wednesday against alleged "caste discrimination" at the Indian Institute of Management-Bengaluru (IIM-B), demanding the removal of its director. However, IIM Bangalore denied the allegations made by the protesters.
The Securities and Exchange Board of India (Sebi) on Thursday debarred Pacheli Industrial Finance and six others entities from the markets in its bid to crack down on a "pump and dump" case, substantiated by a probe into Rs 850 crore preferential allotment and examination of alerts around price movement of the firm's stock.
The recently-crowned T20 world champion Indian cricket team has been invited to celebrate its triumph in Maldives by
Inflows into mutual funds' equity schemes increased by over 14 per cent on-month to Rs 41,156 crore in December, even as market volatilities continued. The small and midcap schemes of mutual funds continued to attract investor interest with inflows touching record highs during the month, despite the concerns being expressed about the two segments for the risk they portend, industry body Amfi said.
Equity mutual funds (MFs) capped a strong 2024 with near-record inflows in December. With net inflows of Rs 41,156 crore in December, the 2024 tally surged to Rs 3.9 trillion, up 144 per cent compared to 2023. The December tally, which was only slightly short of the record-high inflows of Rs 41,887 crore achieved in October 2024, was fuelled by record inflows of Rs 9,761 crore into small-cap and mid-cap funds.
'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'
The mutual fund (MF) industry is set to approach the Securities and Exchange Board of India (Sebi) for relaxation in the recently implemented rules designed to prevent market abuse. According to MF executives, the new rules that came into effect in November for large schemes have created operational challenges for fund managers, particularly when executing large transactions or participating in block deals.
Ministry mulls graded funding for sports federations
'MNCs now recognise India's capacity for innovation and its pivotal role in substantive contributions to global product development.'
The majority of active largecap funds are set to outperform for the second year in a row in 2024, thanks to the strong performance of their midcap and smallcap allocations.
A spectacular seven-wicket haul by Mitchell Santner helped New Zealand dismiss India for 156 before the tourists reached 198-5 at stumps on day two of the second test in Pune on Friday to tighten their grip on the three-match series.
A pilots' union of Air India on Wednesday sought the response of the airline management on various issues, including alleged violation of the roster system and career progression policy. The Indian Commercial Pilots' Association (ICPA) also said that if there is no response in three days, it will be constrained to seek appropriate remedies in accordance with applicable law. In its letter on Wednesday, the grouping said, "we understand the management of Air India is contemplating certain changes to the conditions of service of the pilots".
Management Aptitude Test/Masters in International Business
The death of a student at the Indian Institute of Management, Bengaluru (IIM-B), has sparked an online debate on caste-based discrimination. While the police investigation points to an accidental fall, several posts on 'X' speculate the student's death could have been a suicide due to discrimination. The All India OBC Students Association (AIOBCSA) has demanded clarification from IIM-B and called on the Ministry of Education to take action to prevent student suicides and strengthen support systems for marginalized communities.
ELSS investments require a long-term commitment of at least seven years.
'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'
Currently there are 26 licensed players in the P2P lending sector but only 10-11 are actively operating.
American President Donald Trump has announced imposing reciprocal tariffs on its major trading partners including China that levy higher import duties on goods shipped from the United States. He has already announced a 25 per cent duty on steel and aluminium imports, which will come into effect from March 12.
'He needs to see results while he is in office.'