Commissions paid to mutual fund distributors (MFDs) increased by over 20 per cent for most large fund houses in 2023-24 (FY24), driven by a sharp market rally and strong inflows. The largest fund house, SBI Mutual Fund (MF), which now manages nearly Rs 10 trillion in assets, paid Rs 2,025 crore to its major distributors - 21 per cent higher than the Rs 1,675 crore payout in 2022-23 (FY23).
China has formally started the construction of a USD 167.8 billion dam over the Brahmaputra River in Tibet, close to the Indian border in Arunachal Pradesh, raising concerns in India and Bangladesh.
The Human-rated LVM3 vehicle, the Crew Escape System and the Crew Module and Service Module are all in final stages of testing and integration.
Bangladesh's Chief Adviser Muhammad Yunus announced that the next general election will be held in February 2026, marking the first anniversary of the 'July Uprising'.
The Competition Commission of India on Tuesday approved Singapore's Temasek Holdings proposed acquisition of a minority stake in Haldiram Snacks Food. Temasek Holdings through its arm Jongsong Investments Pte is acquiring a stake in the target company.
The aircraft is awaiting repairs at the Thiruvananthapuram international airport after developing an engineering issue, a British high commission spokesperson said on Friday.
The agency seized documents like answer sheets, OMR codes, hand-written notes related to IDs and names of candidates apart from their education certificates, the sources said.
Vijay, with his chief ministerial ambitions, is a one-man army, at least as of now, and his campaign team considers him omnipresent. He has to be present in all districts, if not all constituencies at the same time, as there is no second-line leader or platform speaker in the party, who can draw crowds, points out N Sathiya Moorthy.
Magnus Carlsen banged the table while his game against World Champion D Gukesh was still in progress, an act that violated chess conduct rules.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
Landslides blocked arterial roads leading up to Dharali where dozens of people were trapped and many homes and cars swept away by the raging waters on Tuesday. Eleven Army personnel from the nearby camp in Harsil were among those missing.
Vice Admiral Li Hanjun, chief of staff of the People's Liberation Army Navy (PLAN), and Liu Shipeng, deputy chief engineer of China National Nuclear Corporation, have been expelled from the National People's Congress (NPC), the Hong Kong-based South China Morning Post reported.
The Centre has defended in the Delhi high court its decision to cancel the overseas citizen of India (OCI) card of United States-based journalist Raphael Satter saying he maligned Indian institutions in the international arena through journalistic activities.
Modi, who visited Cyprus in the first leg of his three-nation visit, reiterated India's support for Cyprus's unity and for a peaceful resolution of the Cyprus Question based on UN Security Council resolutions, international law, and the EU Acquis.
Aam Aadmi Party's Gopal Italia on Monday won from Gujarat's Visavadar assembly constituency and his party also retained Punjab's Ludhiana West seat while the Congress-led United Democratic Front wrested Nilambur from the ruling Left Democratic Front in Kerala, according to results of assembly bypolls in four states.
Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
She has been booked under the relevant sections of the Official Secrets Act and the Bharatiya Nyaya Sanhita, said the police.
'Prashant Kishor is a businessman before he is a politician, and given that the expected average turnout for JSP candidates is 5,000 to 6,000 votes and since Bihar has a significant number of seats where the margin between the winner and runner-up falls within that range he will capitalise on exactly that to showcase his presence.'
The Delhi government has requested the Centre's air quality panel to suspend the fuel ban on older vehicles, citing implementation challenges and public discontent. The government is also seeking solutions to restrictions on end-of-life vehicles.
While six of them have been held from Punjab, five were nabbed from neighbouring Haryana, and one from Uttar Pradesh.
'The Pakistanis knew there was only one route up and they could take direct aim at us as we climbed up.' 'They knew they could kill us.'
The ruling Bharatiya Janata Party in Gujarat was unable to end its 18-year jinx in Visavadar as it lost the bypolls to Arvind Kejriwal's Aam Aadmi Party despite a strong campaign.
Trump's method are more destabilising than his policy. So, a good idea these couple of years is to sip Kool-Aid, and savour the joys of Trumplomacy, asserts Shekhar Gupta.
In 2023, the National Investigation Agency (NIA) had carried out searches at Padgha as part of a nationwide crackdown on the terror outfit ISIS and arrested several persons, including Nachan.
The Odisha government is working to secure copyright for the rituals of Lord Jagannath temple in Puri to protect its traditional cultural expressions, following concerns over untimely celebrations by ISKCON and the declaration of a temple in Digha as 'Jagannath Dham'.
In its notice dated June 2, NBEMS said the exam, conducted for admission to MS, MD and PG diploma courses, has been postponed to arrange for additional test centres and infrastructure.
Nambala Keshav Rao alias Basavaraju, the powerful general secretary of Communist Party of India-Maoist killed in an encounter along with 26 others on Wednesday, had masterminded several major attacks on security forces in Chhattisgarh and his death is a big blow to the armed movement, said officials.
Bihar Police claim to have solved the Gopal Khemka murder case, citing a land deal gone wrong as the motive. Suspects have been arrested and the murder weapon recovered.
A first-year student of a law college in south Kolkata was allegedly "gang-raped" inside the institution by an alumnus and two senior students of the institution, a police officer said on Friday.
The Cabinet Committee on Security (CCS) met on Wednesday under the chairmanship of Prime Minister Narendra Modi and firmed up the responses to the terror attack.
We have nothing to gain by raising our concerns internationally as our narrative has got entangled with several controversial concepts in the United Nations, asserts Ambassador T N Sreenivasan.
Adarsh Kumar, the son of a farmer and a Class 12 student from rural Bihar, is on a mission to build one of India's largest free skill development movements, powered only with a laptop, free Internet and his relentless determination.
The National Commission for Women (NCW) chairperson Vijaya Rahatkar has called upon the West Bengal government to "act urgently" to address the grievances of the riot-hit people of Murshidabad district, particularly women. Rahatkar, who visited the riot-affected areas in Murshidabad and Malda over the weekend, said the commission is preparing a report which will be submitted soon to the Centre with copies to top state officials. The report will incorporate the views of women who narrated their ordeal during the violence, including demands for a Border Security Force (BSF) camp in the affected area. Rahatkar also expressed concern about the lack of action by the State Women's Commission in visiting the affected areas.
X calls the home ministry's Sahyog portal a 'censorship portal', stating it usurps judicial functions.
'...in the minds of the youth of Assam.' 'Now, no protests happen in Assam because of fear of police encounters.'
The State Bank of India (SBI) on Tuesday evening submitted details of electoral bonds to the Election Commission of India in compliance with the Supreme Court order.
A delegation of the National Commission for Women (NCW), led by its chairman Vijaya Rahatkar, met with riot-affected women in Murshidabad district of West Bengal, assuring them of safety and demanding an NIA probe into the recent communal clashes. The women narrated their harrowing experiences and demanded permanent BSF camps in select areas of the district. The NCW team also visited relief camps in Malda district and assessed the condition of women affected by the violence.
The panel was constituted after a 20-year-old Nepalese student of the Kalinga Institute of Industrial Technology (KIIT) in Odisha's Bhubaneswar was found hanging from the ceiling fan of her hostel room.
Shakti Dubey has topped the civil services examination 2024, with Harshita Goyal and Dongre Archit Parag getting the second and third ranks, the Union Public Service Commission (UPSC) announced on Tuesday. The top five successful candidates comprise three women and two men. The civil services examination is conducted annually in three stages -- preliminary, main and interview -- by the UPSC to select officers of the Indian Administrative Service (IAS), Indian Foreign Service (IFS) and Indian Police Service (IPS) among others. A total of 1,009 candidates -- 725 men and 284 women -- have been recommended by the UPSC for appointment to various services.
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