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.
The Kerala government has assured Dalit residents of a disputed land in Ernakulam district that it will seek more time from the court regarding their eviction. The assurance was given by State Home Minister Ramesh Chennithala, who stated the government will do everything necessary to help them and that further action will be taken only as per court directions.
The extent of doubts over the fairness of this election can be assessed by juxtaposing two figures: Total votes polled by the two principal parties and the number of people who were disallowed from voting this time, observes Nilanjan Mukhopadhyay.
Karnataka Chief Minister Siddaramaiah is likely to resign, potentially paving the way for his deputy DK Shivakumar to take over. The move follows reported pressure from the Congress high command, though the party has denied any official decision. Speculation is rife as political tensions rise in the state.
The TMC has intensified its attack on the BJP, alleging a 'larger conspiracy' involving central agencies ahead of the second phase of West Bengal polls on April 29, while also questioning the credibility of the Election Commission.
The BJP is showing strong leads in West Bengal and Assam, while actor Vijay's party is making a significant debut in Tamil Nadu. The Congress is ahead in Kerala, offering some consolation amid the changing political landscape in the state elections.
Uttar Pradesh Chief Minister Yogi Adityanath attributed the state's 'BIMARU' (sick) status to corruption during previous governments, emphasising the need for transparency and meritocracy in recruitment processes. He highlighted improvements in medical facilities and increased government job opportunities for young people in Uttar Pradesh.
The first phase of the West Bengal assembly elections saw a record voter turnout of 91.78 per cent, the highest since Independence, according to the Chief Election Commissioner. Polling took place in 16 districts with women voters outnumbering men. The Election Commission attributed the high turnout to voter-friendly measures.
An Indian worker from Odisha was killed and two others were injured in a drone attack by Ukraine in the Moscow region. The deceased, A Rameya, was working at an oil refinery. Efforts are underway to repatriate his body.
"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.
Lt Gen NS Raja Subramani (retd) has been appointed as India's next Chief of Defence Staff, succeeding Gen Anil Chauhan. Vice Admiral Krishna Swaminathan has been named the next Chief of the Naval Staff, succeeding Admiral Dinesh K Tripathi. Lt Gen Subramani's primary mandate will be to implement the military theaterisation plan and bolster tri-services synergy.
'The Atomic Energy Commission has approved the FDI policy and it is going in for ministerial consultations.'
The BJP has accused West Bengal Chief Minister Mamata Banerjee of using 'victim card' politics to gain sympathy during the assembly elections, dismissing claims of threats to her life as a political strategy.
The U.S. Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, bringing a high-profile securities and wire fraud case in New York to a close after prosecutors concluded they could not sustain the allegations.
TMC leaders Kunal Ghosh and Shashi Panja staged a sit-in protest alleging irregular activities inside a strongroom housing EVMs in West Bengal, following concerns raised by Mamata Banerjee regarding EVM security.
West Bengal's appointment of Manoj Agarwal, the former Chief Electoral Officer, as the new Chief Secretary has ignited a political firestorm, raising concerns about the fairness and impartiality of the state's electoral processes.
Jan Suraaj Party founder Prashant Kishor has moved to an ashram on the outskirts of Patna to continue his political activities ahead of the next assembly elections. He criticised Nitish Kumar and urged voters to prioritise their own interests.
An Army personnel is among four people arrested for allegedly honey-trapping, abducting and robbing a 72-year-old chartered accountant in Delhi.
Delhi Police have arrested an immigration consultant accused of defrauding a woman of approximately Rs 1.83 crore by falsely promising Canadian immigration through a business investment programme.
India's leading passenger vehicle manufacturers are significantly increasing investments and factory capacities, alongside planning major product launches for FY27, driven by strong confidence in sustained domestic demand growth despite global geopolitical tensions and supply chain risks.
Southampton have been expelled from the Championship play-offs after being found guilty of spying on opponents. Middlesbrough have been reinstated and will face Hull City in the final.
West Bengal Chief Minister Mamata Banerjee has criticised the Election Commission for allegedly failing to protect judicial officers involved in electoral roll revisions in Malda district. She accused the EC of lacking control over law and order and enabling the BJP's alleged attempts to disrupt the election process.
A Delhi court recently acquitted five accused, including an army personnel and a Border Security Force personnel, in an espionage case. While acquitting the accused persons, the court flagged serious lapses in the investigation.
Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.
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.
West Bengal Chief Minister Mamata Banerjee criticised Prime Minister Narendra Modi's purchase of 'jhalmuri' during a campaign stop, alleging it was a staged event for cameras. She also accused the BJP of aiding Independents from the minority community and criticised the Election Commission over voter roll revisions.
The BJP's landslide victory in West Bengal has not merely redrawn the electoral map but overturned the operating logic of politics in the state, breaching the TMC's entrenched fortress despite a decade-and-a-half of dominance, minority consolidation, and a sustained "outsider" narrative.
The US Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, concluding a high-profile securities and wire fraud case in New York after prosecutors determined they could not sustain the allegations.
The government has appointed Lieutenant General NS Raja Subramani (Retd) as the next Chief of Defence Staff (CDS), who shall also function as the secretary to the government of India, department of military affairs, with effect from the date of assumption of charge and until further orders.
Cooperation Minister Amit Shah addressed Parliament regarding the challenges faced by Bharat Taxi, a government-backed cooperative ride-hailing platform, including competition from established private aggregators and resistance to digital adoption among drivers.
For India, China's Indian Ocean power projection, maritime domain awareness, dual-use ports, underwater surveillance, antisubmarinewarfare, naval exercises with Pakistan, pose considerable pressure, depleted India's strategic depth and marginalises Indian role, points out Srikanth Kondapalli.
Delhi Police have arrested four individuals, including a company employee, for allegedly robbing two employees of Rs 70 lakh in Delhi's Inderpuri area last month. The employee is accused of leaking information about cash movement and planning the robbery with accomplices.
The Indian government is actively developing a policy for flex-fuel vehicle adoption and aiming for 100 per cent ethanol blending in petrol to enhance energy self-reliance, particularly in light of supply disruptions from the West Asia conflict.
If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.
Prateek Yadav, the younger son of Samajwadi Party founder Mulayam Singh Yadav, has died at the age of 38 due to cardiac-lung complications. The news has prompted condolences from across the political spectrum in Uttar Pradesh.
The Brihanmumbai Municipal Corporation (BMC) has announced a 30-hour water supply shutdown across parts of Mumbai between May 5 and May 6, 2026, for essential water tunnel connection and maintenance.
UltraTech Cement, an Aditya Birla group company, has become the world's largest cement producer outside China, surpassing 200 million tonnes per annum (mtpa) of installed capacity in India. The company plans to invest Rs 16,000 crore to reach a target capacity of 240 mtpa by the financial year 2027-28.
Counting of votes begins in Tamil Nadu, Assam, Kerala, Puducherry, and West Bengal, with significant implications for regional and national parties.
Reliance Industries' digital arm, Jio Platforms, may see its initial public offering (IPO) delayed to the second half of fiscal 2027, according to CreditSights. The delay is primarily attributed to ongoing geopolitical tensions in the Middle East, which could impact market conditions and investor sentiment.
The Supreme Court of India has ruled that an 'act of terror' under the Unlawful Activities (Prevention) Act (UAPA) includes planning, coordination, and mobilization, not just the final execution of the act. The court emphasized that the intent and effect of the act are crucial, not solely the instrumentality used.
