Passive funds appeal to investors seeking to avoid the risk of underperformance by the fund manager and minimise the need for frequent chopping and changing of funds.
Delhi Police have arrested a suspected Lashkar-e-Taiba (LeT) handler, Shabir Ahmed Lone, in Delhi, uncovering a terror module with links to Pakistan's ISI. Lone is accused of running a network involved in pasting anti-national posters and planning terror activities across India.
The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.
The Jammu and Kashmir government announces plans to introduce nine new tourist destinations and reopen sites closed after the Pahalgam terror attack, aiming to revive and expand the region's tourism sector.
The Central Bureau of Investigation (CBI) has arrested Ayush Varshney, co-founder of Darwin Labs, in connection with the 200 million Gain Bitcoin cryptocurrency scam. Varshney was apprehended while attempting to flee the country.
Congress leader Rahul Gandhi has accused Kerala Chief Minister Pinarayi Vijayan of aligning with forces that attack minorities, during election rallies in Kerala. He also criticised the CM on other issues including alleged corruption and economic failures.
The Trinamool Congress (TMC) has announced a 60-day mass outreach program targeting Scheduled Caste and Scheduled Tribe-majority assembly constituencies in West Bengal, accusing the BJP of depriving the state of funds and disrespecting marginalized communities.
The rupee plunged to a fresh low of 93.72 against the dollar on Friday, falling 1.15 per cent in a single session - its sharpest one-day decline since February 24, 2022 - as elevated crude oil prices and strong dollar demand from oil-marketing companies and foreign portfolio investors (FPIs) weighed on the currency.
TMC leader Abhishek Banerjee accuses the BJP of attempting to alter West Bengal's demography by importing voters from other states ahead of the 2026 assembly elections, alleging a conspiracy to undermine the democratic rights of local residents.
Trinamool Congress leader Abhishek Banerjee accuses the BJP of instigating violence during Ram Navami rallies in West Bengal, alleging the party uses the festival to create unrest and division.
The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.
Trinamool Congress leader Abhishek Banerjee alleges the BJP-led government may increase fuel prices after the West Bengal assembly elections, accusing them of neglecting the common man and withholding funds from the state.
The CBI has conducted searches across multiple states in connection with a large-scale online financial fraud involving the overseas fintech platform 'Pyypl'.
Only bona fide victims would be compensated by banks within five days of receiving the complaint.
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 special CBI court in Mumbai has sentenced four individuals to imprisonment for their involvement in a 2012 case where the Bank of India suffered a loss of over Rs 3 crore due to a forged Letter of Credit.
Of the Rs 31,820.80 crore allocated to central sector schemes and projects, only Rs 11,868.05 crore was utilised, according to the revised estimates.
The Income Tax Department has clarified that income from the transfer of investments made before April 1, 2017, is excluded from the scope of the General Anti-Avoidance Rules (GAAR), addressing industry concerns about retrospective application.
A recent report reveals that a significant percentage of CCTV cameras installed in Municipal Corporation of Delhi (MCD) schools are non-functional, raising concerns about safety and surveillance.
Analysts predict a surge in gold and silver prices as investors seek safe-haven assets due to escalating tensions in the Middle East. The impact on domestic prices will depend on the conflict's duration, with geopolitical factors and macroeconomic data also playing a role.
Political parties in West Bengal react to the Election Commission's reshuffle of senior administrative and police officials ahead of upcoming elections, with TMC criticising the move and BJP and CPI(M) welcoming it.
Revenue collection next financial year may be affected, and, along with this, subsidies on food and fertilisers can go up if the war in West Asia drags for long, according to experts.
Chief Minister Nitish Kumar on Friday locked horns with Congress general secretary Rahul Gandhi over central funds to Bihar and dared the Congress leader to stop the allocation to the state, saying the funds are not given at somebody's 'meharbani' (favour).
The Trinamool Congress (TMC) has launched a strong rebuttal against Union Home Minister Amit Shah's 'chargesheet' on the West Bengal government, accusing the BJP of attempting to polarise the state ahead of elections and failing to address critical issues such as violence in Manipur and women's safety in BJP-ruled states.
The policy unveiled by the home ministry is based on seven key pillars to counter the terror threats emanating from India or abroad -- prevention, responses, aggregating internal capacities, human rights and "Rule of Law"-based processes.
The Indian rupee weakened against the US dollar due to rising crude oil prices, geopolitical tensions in the Middle East, and foreign fund outflows.
Sonia Gandhi on Wednesday launched an unbridled attack against the Mulayam Singh Yadav government saying there was utter "chaos" in the state and asked for a full account of central funds sanctioned for its development.
The delegations from the US and Iran head to Islamabad on Friday, carrying a ceasefire that is already fraying, a Strait that is technically open and practically closed, and a negotiating agenda that would challenge even parties actually negotiating in good faith, which these groups are not. Prem Panicker continues his must read blog on the Iran War.
Trinamool Congress leader Abhishek Banerjee has warned of a significant increase in cooking gas and fuel prices by the BJP-led central government following the West Bengal assembly elections. He accused the BJP of neglecting the fuel crisis and challenged them to pledge no price hikes for the next five years.
The CBI has registered separate cases related to digital arrest fraud targeting a former professor and a retired gynaecologist from Gujarat, who were defrauded of a total of Rs 30 crore.
The Enforcement Directorate (ED) is seeking an expedited trial against Congress leader P Chidambaram in the Aircel-Maxis and INX Media money laundering cases, having submitted the required prosecution sanction to the court.
India Ratings & Research (Ind-Ra) has projected the aggregate fiscal deficit of states to rise to 3 per cent of gross domestic product (GDP) in 2026-27 (FY27), from an estimated 2.8 per cent in 2025-26 (FY26), citing higher revenue expenditure amid election-related pressures and scheme cost-sharing requirements.
Twelve Indian Super League clubs have accused the All India Football Federation of retaining a surplus from the current season, despite promising not to profit from the league.
Congress president Sonia Gandhi and Gujarat Chief Minister Narendra Modi locked horns on Friday after the Congress President charged that Central funds were misused by the Gujarat government and the Chief Minister was 'inciting' people by raising concerns over border security through the Sir Creek issue.
A Delhi court has dismissed the bail plea of an alleged kingpin in an over Rs 8.94 crore bank fraud case, citing the gravity of the offence and its systematic execution through layered transactions.
A special court in Mumbai has dropped corruption charges against Guruashish Construction and its directors in a multi-crore cheating case after the CBI found no public servants involved in the alleged graft.
A 31-year-old scrap tools dealer from Delhi was found murdered in Faridabad after going missing with a large sum of money. Police have arrested three men in connection with the crime, which appears to be linked to a monetary dispute.
The country's banking system, while remaining "resilient" with bad loans at over a decade low and strong capital buffers, will continue to face intense competition from non-bank sources for resource mobilisation, said the Reserve Bank of India's (RBI's) Trend and Progress of Banking in India 2024-25 report.
The Centre has directed the NCERT to review all textbooks after the Supreme Court raised concerns about 'offending' content on corruption in the judiciary in a Class 8 social science book.
The Reserve Bank of India on Friday proposed to allow banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.