Driven by inflows into Systematic Investment Plans (SIPs), the mutual fund industry's total assets under management rose to Rs 39.88 lakh crore in September from Rs 36.73 lakh crore in the year-ago period. On a monthly basis, the Assets Under Management (AUM) increased marginally from Rs 39.33 lakh crore in August. According to the latest monthly data from the Association of Mutual Funds in India (Amfi) released on Monday, the industry wide net AUM stood at Rs 38.42 lakh crore in September.
Amid outrage over personal accounts of Vice-President M Venkaiah Naidu and Rashtriya Swayamsevak Sangh chief Mohan Bhagwat losing verified blue tick marks, Twitter on Saturday said the blue badge and verified status could be automatically removed from an account if it is incomplete or inactive for six months as per its rules.
Arun Kumar, partner-in-charge, KPMG US India Practice, delivering his views on the Indian Union Budget 2009 at Asia Society in New York.
The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.
Two men were killed when a "speeding" car linked to a Bharatiya Janata Party legislator hit their motorcycle in a head-on collision in Lakhimpur Kheri, the police said on Monday.
Jaitley will be cremated on Sunday afternoon at the Nigambodh Ghat, BJP leader Sudhanshu Mittal said.
'The finance ministry and the RBI will never admit to the difficulties in the economy because if they do so, it will adversely impact the financial markets, etc.' 'They like to present a rosy picture that everything is fine and under control.'
Indian aviation regulator DGCA has barred 90 SpiceJet pilots from operating the Boeing 737 Max aircraft after finding them not properly trained. "For the moment, we have barred these pilots from flying the Max and they have to retrain successfully for flying the aircraft," DGCA chief Arun Kumar said in a statement. He also said that the regulator will take "strict action against those found responsible for the lapse."
'For the moment, we have barred these pilots from flying the Max and they have to retrain successfully for flying the aircraft,' DGCA chief Arun Kumar said in a statement.
'We airlifted army personnel wearing lungis to generally unused landing grounds.' 'We were told to keep quiet about what we did or saw.'
Atlee gives temporary relief from reality, by blinding us into a make-believe world where the perfect family hero and messiah makes the world a safer and equal place for all, explains Divya Nair.
A Delhi court on Monday set aside an order seeking explanation from the Delhi Police Commissioner on why legal action should not be taken against him for non-submission of a report in a February 2020 riots case.
The Australian police believe it is a contract killing.
Jake Fraser-McGurk took the Mumbai Indians bowlers to the cleaners in a savage display of power-hitting.
The no-confidence notice moved by 6 Congress parliamentarians against the UPA government on the Telangana issue has found favour with 84 more Seema-Andhra leaders.
In an affidavit filed in the apex court, the Union law ministry rejected the petitioner's claim that the two election commissioners were hastily appointed on March 14 to "pre-empt" the orders of the top court the next day, when the matters challenging the 2023 law were listed for hearing on interim relief.
The incident took place outside the district hospital in Akbarpur where the hospital's fourth class employees staged a dharna by putting locks on the OPD on Thursday, Kanpur Dehat SP Keshav Kumar Choudhary said.
We asked you, dear readers to share your pet pics. This is what Rediff readers had to share.
'Elections and audience interest in specific movies are often independent factors.'
Rishabh Pant's belligerent unbeaten half-century helped Delhi Capitals' to a narrow four-run win over Gujarat Titans.
'In the total of black wealth, only 1% or less than 1% constitute cash.' 'So, even if cash is completely weaned out, it impacts only 1% of the black wealth.'
The Delhi CM's principal secretary has been described as quick, decisive, and quite unlike a 'babu'.
This time Modi has no emotive message to take to the stump. Muscular nationalism doesn't work against the backdrop of China's successive inroads into Indian territory. Rising prices is a sore point that cuts across class and caste barriers; unprecedented levels of unemployment has the youth in a ferment. This has reduced the BJP campaign to a laundry list of recycled grievances and thinly veiled communal appeals, neither of which are working as well as they have in the past, argues Prem Panicker.
Reader Arun Kumar sends us a photograph.
Saturday witnessed an onslaught of runs, with a total of over 450 runs scored, setting the stage for several outstanding batting performances.
"It is necessary for all to oppose this together," RSS spokesperson Sunil Ambekar said.
The BJP took into consideration caste and regional aspirations while picking ministers in a bid to further consolidate its hold over the politically crucial state which sends the maximum of 80 members to Lok Sabha.
'Continue with your SIPs to get the benefit of lower average prices in this challenging market environment.'
'Could this be a random attack? Well, yes it could. It could be a whole range of scenarios... and we are considering all of them.'
Disgruntled Janata Dal-United leader Upendra Kushwaha on Monday resigned from Chief Minister Nitish Kumar's party, less than two years after returning to the party, and announced formation of the 'Rashtriya Loktantrik Janata Dal'.
Alok Kumar stormed into the final of the IBSF World Billiards Championship in Leeds on Friday and set up a title clash with Englishman David Causier.
Hitting back at Delhi Chief Minister Arvind Kejriwal for making "false and defamatory" statements against him, Union Finance Minister Arun Jaitley is slapping criminal and civil defamation cases against him and five other AAP leaders in Delhi courts on Monday.
Investors have lost confidence in the economy, says Professor Arun Kumar, Sukhamoy Chakravarty Chair at the Centre for Economic Studies and Planning, Jawaharlal Nehru University.
According to the Morcha, the demands which Delhi Chalo has been called include: MSP should be guaranteed as per C2+50 percent formula and, as promised, a law should be made to guarantee it; all the farmers should be made debt free, and all agricultural loan must be waived.
Mobility company Ola's chief financial officer Swayam Saurabh and chief operating officer Gaurav Porwal are leaving the company. These developments come at a time when the SoftBank-backed company's core ride-hailing unit is planning to go public and for which it raised $500 million from Warburg Pincus and Temasek in July this year. These investment firms had partnered with the company founder Bhavish Aggarwal for this round.
During Friday's hearing, the Congress leader replied 'I don't know' to most of the questions asked by the court on the basis of recent testimonies of two witnesses -- the then electoral officer of Kolar in Karnataka where Gandhi had made the speech, and a videographer appointed by the Election Commission to shoot that rally.
Many retail investors, who are experiencing their first bear market, are shocked at the erosion in the value of their mutual fund (MF) portfolios. The pain is especially acute for those who had taken excessive exposure to sector/thematic and small-cap funds. Even international diversification has failed to stanch the bleed in this downturn.
After defeating 13 runs in the final over, Mukesh Kumar said he was relieved to get the opportunity to take the Delhi Capitals to victory.
Aarya Aakhri Vaar should have been slicker and more polished than the first, or at least ended with a louder bang, observes Deepa Gahlot.
Apple had on June 20 issued a notice on its website regarding the risk posed by the models of the MacBook Pro laptops.
