Systematic Investment Plan (SIP) returns for smallcap and midcap mutual funds have seen a significant rebound, with average one-year SIP returns now at 19.1 per cent for smallcap funds and 13.5 per cent for midcap funds, according to Value Research data. This recovery is expected to revive momentum in the retail mutual fund industry, which had experienced a moderation in growth indicators.
Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.
India's IT Ministry has issued notices to Telegram and Signal, following a similar action against WhatsApp, questioning their username features due to concerns over increased online fraud, phishing, and impersonation. The government is seeking explanations on how these platforms address such risks, with one homegrown app already disabling the feature.
Ace Indian javelin thrower Neeraj Chopra was awarded 'Best Male Athlete of the Year 2025' at the inaugural Indian Athletics Awards. Chopra expressed his emotional connection to the award, given in the presence of multiple generations of athletes. The ceremony also honoured Parul Chaudhary as Best Female Athlete and P T Usha with a Lifetime Achievement Award, recognising significant contributions to Indian athletics.
The Cockroach Janta Party (CJP)'s protest at Jantar Mantar, demanding accountability for alleged examination irregularities, has entered its 15th day, garnering support from AAP MP Sanjay Singh and CPI(M) MP John Brittas. Climate activist Sonam Wangchuk continues his hunger strike, while a student leader from AISA was hospitalised after her condition turned critical.
Viswanathan Anand will not seek re-election for a third term as Deputy President of FIDE.
Fugitive diamond merchant Nirav Modi has been ordered by a UK High Court to pay Bank of India over USD 11.5 million, including accruing interest, for a personal loan guarantee related to his Dubai-incorporated firm, Firestar Diamond FZE.
Indian researchers from ICMR-National Institute for Research on Women's Health and IIT Bombay have developed an indigenous "placenta-on-chip" platform. This microphysiological system mimics the human placental barrier, reproducing essential functions like hormone production and nutrient transfer. It offers a simple, scalable tool for studying placental biology, pregnancy complications, and drug effects, aiming to reduce reliance on animal experimentation.
A row has erupted over former Union minister Maneka Gandhi's appeal to the Jain community to stop using 'picchis' (sacred broom) made of peacock feathers, claiming that their demand fuels illegal wildlife trade.
It is an unusual choice to depute a retired general for the funeral of a revered religious figure but a thoughtful one in an attempt to inject verve into the bilateral relationship and restore the equilibrium in India's West Asian policies, notes Ambassador M K Bhadrakumar.
The Delhi High Court has upheld the Equestrian Federation of India's (EFI) selection process for the Asian Games dressage team, dismissing petitions from riders Anush Agarwalla and Sudipti Hajela. The court found no arbitrariness or procedural impropriety, reinforcing the principle that judicial interference in expert selection bodies is limited. Challenges regarding Minimum Eligibility Requirements (MERs), criteria interpretation, and bias were all rejected.
The Sports Ministry, led by Mansukh Mandaviya, has announced stringent selection criteria for the upcoming Asian Games, capping the contingent at 600 athletes. The policy prioritises medal prospects, stating that the Games are not for "exposure tours" or securing jobs. This includes a "realistic chance of winning a medal" and being in the top six continental rankings. The ministry will scrutinise recommendations from National Sports Federations, with specific cases like equestrian Anush Agarwalla and table tennis player Manika Batra highlighting the new approach.
A major fire at a naphtha pipeline in Haldia, West Bengal, injured over 10 people and damaged railway equipment, disrupting services. Firefighting operations are ongoing, and an investigation into the cause has been launched.
The Bombay High Court has upheld the Wrestling Federation of India's decision to cancel the affiliation of the Maharashtra State Wrestling Association (MSWA), led by Sharad Pawar. The MSWA had challenged the WFI's move, arguing it was illegal and arbitrary.
Senior Trinamool Congress leader Chandrima Bhattacharya has resigned as the party's West Bengal president and from all other posts, citing a loss of trust after an admonishment from Mamata Banerjee. She has since been seen meeting with the Ritabrata Banerjee-led rebel faction, further deepening the organisational crisis within the TMC following its recent Assembly election defeat.
Delhi Police have arrested three individuals, including a juvenile, for allegedly setting three two-wheelers on fire in Jahangirpuri. The arson was reportedly an act of revenge following an earlier altercation involving the juvenile.
One person died, and more than 20 others were injured after a major fire broke out in a naphtha-carrying pipeline of Haldia Petrochemicals Ltd (HPL) in West Bengal's Purba Medinipur district in the early hours of Tuesday, the police said.
Indian shooters Vanshika Chaudhary and Shiva Narwal secured a silver medal in the 10m air pistol mixed team event at the ISSF Junior World Championship in Suhl, Germany. This achievement further boosted India's leading position in the medal standings with a total of 16 medals.
'If there are different laws governing the same subject, it can increase the compliance burden on platforms. The process would be easier and more transparent if there were a singular national-level law.'
Mamata Banerjee, Trinamool Congress supremo, has launched a strong counterattack against rebel party members, accusing them of conspiring with the BJP to split the party. She dared them to formally join the BJP and defended her leadership amidst the worst organisational crisis for TMC, while also announcing leadership changes and criticising the rebels' past actions and attempts to seize party assets.
Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.
The Nashik District Cricket Association has announced the launch of the Nashik Women's Premier League, scheduled for the last week of April, aiming to provide a platform for local women cricketers to showcase their talent.
The tax treatment of equity savings funds makes them appealing, especially to investors in higher income-tax brackets.
Free, customizable "fan bands" have become the unexpected must-have souvenir at the 2026 World Cup, with over 700,000 distributed. Sponsored by Bank of America, these charm wristlets feature subtle branding and have gone viral, even appearing on resale platforms. This marketing strategy offers a counterpoint to the tournament's high ticket and merchandise prices, proving that unique, free items can create significant fan engagement and brand visibility.
The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.
Ayodhya Police conducted simultaneous raids at the residences of eight individuals arrested in connection with the alleged embezzlement of donations at the Ram Temple. The raids followed their remand to judicial custody, with police expected to seek custodial remand. The accused were involved in counting donations, and investigators have recovered Rs 79.85 lakh so far in a case registered under various sections including the Prevention of Corruption Act.
Former India cricketer Sandeep Patil has been appointed as the mentor for Mumbai cricket teams across all levels by the Mumbai Cricket Association.
A rebel faction of the Trinamool Congress, led by Ritabrata Banerjee, has taken control of the party's organisational headquarters in Kolkata. This move follows their claim to the party's name and symbol before the Election Commission, intensifying the power struggle with the Mamata Banerjee-led faction. Both sides are now preparing submissions for the Election Commission regarding the party's control.
Qatar midfielder Assim Madibo has been given a five-match ban after receiving a red card for a tackle which seriously injured Canada midfielder Ismael Kone, FIFA said on Wednesday.
A 38-year-old woman arrested here last week was allegedly preparing to travel to Pakistan via Nepal to marry a suspected terrorist commander believed to be a close associate of banned Jaish-e-Mohammed chief Masood Azhar, officials said in Jaipur on Thursday.
The Badminton Association of India (BAI) has invited Expressions of Interest (EOI) from various organisations to conceptualise, develop, and manage a new professional badminton league in India. The initiative aims to create a sustainable league structure focused on commercialisation, fan engagement, and long-term growth of the sport. Interested parties must demonstrate strong financial capability and experience in managing sports leagues, with proposals due by June 30.
A man was apprehended in Mumbai for distributing suspicious tablets during a procession. One person who consumed a pill experienced adverse symptoms like vomiting and discomfort, though they are now out of danger. Police have registered a case under Bharatiya Nyaya Sanhita section 123, and further investigation is ongoing.
The Indian Pickleball Association has sanctioned the fourth edition of the Indian Open, to be held in Hyderabad, as a PWR 1000 event, marking a significant step for the sport in India.
Two-time Olympic medallist P V Sindhu has hailed India's upcoming hosting of the BWF World Championships as a "landmark moment" for the sport in the country.
The US Department of Transportation has proposed new rules to reverse a five-decade ban on overland supersonic flights, driven by advancements in quiet supersonic technology like NASA's X-59 aircraft. This move aims to enable a new era of faster air travel while addressing noise concerns, with final rules expected by mid-2027.
The Delhi High Court has ordered the removal of certain objectionable social media content targeting MP Raghav Chadha, who had filed a lawsuit against malicious, AI-generated, and deepfake content impacting his reputation. While some content was deemed not prima facie defamatory, specific objectionable material was ordered to be taken down.
The Gujarat High Court has disqualified former Indian cricketer Kiran More and three others from contesting the Baroda Cricket Association (BCA) elections, citing a Supreme Court judgment on tenure limits and cooling-off periods.
IIT-Gandhinagar is reviewing Michel Danino's position as guest professor after the Supreme Court directed institutions to disassociate from him due to a controversy over a chapter on judicial corruption in a withdrawn NCERT textbook.
Shardul Thakur on Monday expressed his disappointment on not being "utilised properly" during India's 2025 tour of England last year for five Tests, saying that he had performed the last time he played for the country.
Prime Minister Narendra Modi visited Seychelles, engaging in biodiversity conservation efforts with President Patrick Herminie. The visit included observing Aldabra Giant Tortoises and planting the unique Coco de Mer, symbolising India and Seychelles' commitment to environmental protection and strengthening bilateral ties.
