Since this is a long-term investment, investors must do their homework and choose a fund manager carefully.
Direct plans of mutual fund schemes added nearly 21 million individual investor folios in FY26 (as of February), surpassing regular plans' 15 million net additions, marking only the second time direct plans have outpaced regular plans in annual folio growth, despite turbulent equity markets.
Police in Assam's Tinsukia district have arrested seven individuals suspected of providing logistical support and facilitating communication for the banned militant group ULFA (I).
IT firm Tech Mahindra announced a 16 per cent increase in its consolidated net profit to Rs 1,353.8 crore for the January-March quarter of FY26, with revenue from operations rising 12.6 per cent to Rs 15,076.1 crore, driven by an accelerated transition to an AI-led organisation and record deal wins.
'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'
Delhi Police have launched an investigation after 'objectionable material' was found at the gate of a temple in the Dayalpur area of northeast Delhi. An FIR has been registered, and police are reviewing CCTV footage and deploying forces to maintain calm.
Rahul Gandhi accuses Mamata Banerjee of not directly fighting the BJP, alleging that this indirect approach benefits the ruling party. He also criticised her government's performance on job creation and handling of corruption.
A tribal man in Odisha was forced to carry his sister's exhumed skeleton to a bank to prove her death and withdraw her money, sparking outrage and prompting government intervention.
A headmaster in Jharkhand's Hazaribag district has been booked and suspended after allegations of sexually harassing girl students surfaced. An FIR was lodged following a complaint by the mother of a 13-year-old girl. The headmaster is currently on the run.
The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.
A special fast-track court in Guwahati has reserved its order on the bail application of Shyamkanu Mahanta, a key accused in the Zubeen Garg death case, with the decision expected on April 30.
A 37-year-old self-styled godman was arrested in Mumbai for allegedly cheating several people by claiming to possess divine powers and performing 'aghori' rituals.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
The meeting follows a ceasefire agreement that was announced and welcomed by Shehbaz Sharif, who also extended invitations to both delegations for further negotiations.
HDFC Life Insurance reported a 4 per cent year-on-year increase in net profit to Rs 495.6 crore for Q4FY26, while its parent, HDFC Bank, announced a Rs 1,000 crore preferential share issuance to raise its stake to 50.5 per cent.
A 34-year-old man died in police custody in Delhi after being detained for questioning. Police have launched an inquiry and preliminary reports suggest dehydration as a possible cause of death.
Four individuals, including two bank managers, have been arrested in Telangana for allegedly siphoning off Rs 2.65 crore from a state-owned bank branch in Nalgonda district.
Authorities in Arunachal Pradesh destroyed a large illegal cannabis cultivation spread over 20,000 square meters in the Pakke Kessang district, signalling a continued crackdown on narcotic plants.
China has denied any links to the Iranian cargo ship seized by the US in the Gulf, which allegedly contained chemical materials for manufacturing missiles. The denial follows allegations by former US envoy to the UN Nikki Haley, who claimed the ship was headed from China to Iran.
A bill to implement 33 per cent reservation for women in Lok Sabha and state assemblies by increasing the lower house's strength to 850 is slated for introduction in Parliament. The bill seeks to amend Article 81 of the Constitution and utilise 2011 Census data for redrawing constituencies.
Goa Police's Crime Branch busted an illegal IPL cricket betting racket, arresting 10 individuals after raids on two villas in Ribandar and Kadamba Plateau. Authorities seized mobile phones, laptops, SIM cards, and cash worth approximately Rs 28 lakh.
The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) are reportedly incurring losses of Rs 18 per litre on petrol and Rs 35 per litre on diesel, as they continue to absorb rising crude oil costs without increasing retail prices. This situation is leading to expectations of a fuel price hike after upcoming state elections.
A man in Uttar Pradesh was allegedly murdered by his wife, daughters, and minor son over fears he would waste money intended for his daughter's wedding, police said.
Despite initial pressure from the West Asia conflict, analysts are optimistic about the Indian hospital sector's outlook, citing strong demand drivers and ongoing expansion plans that are expected to fuel significant revenue growth over the next few years.
The Indian Parliament is expected to extend its budget session to introduce a bill increasing Lok Sabha seats to 816, reserving 273 for women, and amending the women's reservation law.
Tata Consultancy Services (TCS) has announced annual salary hikes effective April 1, with top performers receiving double-digit increases, while also renewing its multi-year strategic partnership with UK retailer Marks & Spencer (M&S) to support its omnichannel and data-driven transformation with AI.
A man in Uttar Pradesh was allegedly murdered by his wife, daughters, and minor son over fears he would squander money meant for his daughter's wedding, police said.
Police in Pilibhit, Uttar Pradesh, have uncovered a GST fraud involving the misuse of a GST ID to misappropriate approximately Rs 7 crore. The investigation revealed 13 fake firms allegedly used to generate bogus bills.
Trump added that the United States would assist in managing the traffic buildup in the Strait of Hormuz.
Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.
The Supreme Court has referred Christian Michel James' plea for release in the AgustaWestland VVIP chopper scam case to another bench. The Delhi High Court previously dismissed his petition, but James continues to challenge his detention and the India-UAE extradition treaty.
Aditya Puri is one of the cleanest examples we have, in Indian corporate history, of a leader who understood early that the measure of his work was not what happened while he was in the chair. It was what would keep happening when he was no longer there, says Suresh M K.
The Women's Reservation Act 2023, mandating 33 per cent quota for women in legislatures, has been enacted, but its immediate implementation is unclear due to ongoing parliamentary debates and delimitation requirements.
"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.
S&P Global Ratings warns that a sustained rise in crude oil prices to $130 per barrel could significantly slow India's economic growth, weaken fiscal metrics, and strain corporate and banking sector performance, potentially reducing growth by up to 80 basis points.
A man in Kanpur, India, has been arrested for allegedly drugging and murdering his twin daughters. Police are investigating the motive, considering factors such as psychological distress, depression, and financial strain.
The Punjab Police has requested the Centre to direct ZEE5 to halt the airing of the docu-series 'Lawrence of Punjab' on gangster Lawrence Bishnoi, citing a significant risk to public order and potential influence on youth towards criminal activities.
Raghu Rai, one of India's most celebrated photographers, passed away at a private hospital in New Delhi at the age of 83. He is survived by his wife, son, and three daughters.
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'