Increasing awareness about mutual funds, ease of transactions through digitisation and sharp surge in equity markets have aided asset management companies to add a staggering 3.17 crore investor accounts in 2021-22, with experts saying the trend is likely to continue this fiscal as well. This was a significant rise from 2020-21 when 81 lakh accounts (or folios in mutual fund parlance) were opened, data with the Association of Mutual Funds in India (Amfi) showed. The ongoing financial year too appears to be promising in terms of folios as increase in investor accounts will enable people to move beyond fixed deposits and savings accounts, said Priti Rathi Gupta, founder of LXME, a financial platform for women.
"A Biden administration will be mostly positive for India," said Rick Rossow from the Centre for Strategic and International Studies think tank. "I expect most positive areas of cooperation -- notably defence -- to be maintained," he said.
West Bengal minister and veteran Trinamool Congress leader Sobhandeb Chattopadhyay is all set to vacate the Bhabanipur assembly seat on Friday as party supremo Mamata Banerjee is likely to contest bypoll from the constituency, party sources said.
Renowned percussionist Pt Subhankar Banerjee died after battling Covid-19 for two months at a private hospital in Kolkata, his family said on Thursday. He was 54.
Trinamool Congress supporters held demonstrations defying lockdown norms in various places, while Chief Minister Mamata Banerjee offered to court arrest on Monday against the arrest of two West Bengal ministers in the Narada case by the CBI.
Abhijit said he was in touch with Mamata and her nephew Abhishek before the assembly polls.
Meenakshi Sundareshwar is a Basu Chatterjee slice-of-life packaged in a glossy ad film whose source of heart are its two genuinely likeable leads, feels Sukanya Verma.
Amid demands for a separate state carved out of Bengal by some Bharatiya Janata Party leaders, Chief Minister Mamata Banerjee on Tuesday asserted that she is ready to shed her own blood, if need be, to thwart attempts to divide the state.
The three-member TMC delegation, led by state minister Partha Chatterjee met EC officials and registered a complaint into the incident and demanded a thorough probe.
SunRisers Hyderabad has the biggest purse while Kolkata Knight Riders has the slimmest purse.
Subhash K Jha selects his favourite rain songs. Do list your favourites in the message board below!
'He loved reality in all his films.' 'He would say films are made for the common man and they should feel the realness while watching it.'
Kangana Ranaut ticks off all the boxes of the poker-faced spy model in Dhakaad, observes Sukanya Verma, but the the movie needs real rescuing.
Three TMC leaders Amit Mitra, Bratya Basu and Rathin Ghosh were sworn-in virtually. Mitra is unwell and both Basu and Ghosh are recuperating from COVID-19.
...followed by financial services, IT, and sales and marketing.
Here's a look at the contestants living it up in Bulgaria, as they take a breather from KKK's scary stunts.
Some BJP activists had allegedly raised the slogan a a party programme in West Bengal's Hooghly district on Wednesday, following which district police registered a suo motu case and arrested them late at night, an officer said.
'The cynic in me wonders whether the Speaker's defiance wasn't assisted by the knowledge that he cannot possibly be re-elected from Bolpur.'
Senior batter Manoj Tiwary combined with the young Sudip Kumar Gharami to steer Bengal to a hardfought seven-wicket win against Baroda to climb to the top of Group A in the Ranji Trophy.
Last year, major tea companies performed well on the back of higher prices. However, a drop in prices over the past month and a half, is threatening to put a spanner in a repeat performance. Tea prices started on a strong note this year with prices ruling higher than last year on the back of crop loss due to adverse weather conditions. After mid-June, however, prices started dropping, though they are still higher than 2019-levels for north Indian teas (which account for more than 80 per cent of total production).
Punjab Kings named Mayank Agarwal as their new captain for the upcoming 15th edition of the Indian Premier League, starting next month.
'Neither will I congratulate Mamata Banerjee... nor do I wish to say I 'respect' the people's verdict'
Tiger. Akshay. Ajay. Hrithik. Ajay again. Akshay again. Kartik...
Amazon Prime Video has doubled its content investments in India and announced as many as 41 new titles in Hindi, Tamil, Telugu and English, thereby throwing an open challenge to their streaming competitor, Netflix.
A round-up of Ranji matches played on Thursday.
West Bengal chief minister Mamata Banerjee and Trinamool Congress general secretary Abhishek Banerjee are among the star campaigners of the party for the October 30 bypolls to four Assembly seats in the state, but interestingly, the names of actor-turned-MP Nusrat Jahan and former BJP leader Babul Supriyo, who recently joined the TMC camp do not feature in the list.
Sukanya Verma toasts the man, the movies and the many, many, MANY memories he's made on big screen through 80 Amitabh Bachchan moments.
It's like any other OTT gangster show with a lot of action, drama, revenge and cuss words.
As the Indian currency hovers around its lowest versus the US greenback, several smaller and mid-sized companies are expected to face rough weather as almost 44 per cent of the foreign loans taken by Indian companies remained unhedged. According to the data sourced from the Reserve Bank of India, Indian companies raised around $38.2 billion in the financial year ended in March. Of this, only 56 per cent of the loans are hedged while the rest of the foreign loans remain unhedged, thus risking the companies to forex volatility.
An air of gloom hangs in the Bogtui village post-arson as most villagers have moved out from their homes and several others are making moves.
Subhash K Jha remembers the dear departed.
Basu Chatterjee's films have wonderful songs, 10 of which Joginder Tuteja lists here.
'You can see the influence of Charulata in the way I've projected Aishwarya in Devdas.'
Did you know that the original choice for the title role in Piku was not Deepika Padukone? It was Parineeti Chopra.
It will be a battle between Liam Livingstone and Lockie Ferguson.
Leander Paes is set to return to the Indian Davis Cup squad after making himself available for the upcoming tie against Pakistan as the country's top players and non-playing captain Mahesh Bhupathi have refused to travel to the neighbouring nation, citing security concerns.
While the Opposition is making a belated effort to form a joint front against the BJP, Mamata's ambiguous stand has created confusion, observes Virendra Kapoor.
Something in Alia has surely changed after Gangubai. Her entire performance is about proving to herself and not to the world what she can do, feels Sukanya Verma.
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