Mutual funds (MFs) added systematic investment plan (SIP) accounts at a record pace in 2023 with the net additions in the calendar year surpassing 15 million - 24 per cent higher than the 2022 tally of 12.2 million, according to data from the Association of Mutual Funds in India (Amfi).
According to industry experts, companies in sectors such as consumer durables (fans, air-conditioners), power cables and the electrical industry will be hit, given that they are big users of copper.
Closure has meant loss of Rs 2,000 crore to the public exchequer; around three per cent of Tamil Nadu's Gross State Domestic Product is from the facility
The Adani Group, which won the Dharavi Redevelopment Project from the state government last year, on Monday said it has onboarded three city planners, including Hafeez Contractor, to present a draft redevelopment plan for the largest slum cluster in Asia. In a statement, the group, which has promised to invest Rs 21,000 crore in the first phase, has roped in world famous architect Hafeez Contractor, design firm Sasaki, and consultancy firm Buro Happold as city and infrastructure planners for the project.
Motor Industries Company Ltd fixed book closure from April 17 to April 30 for payment of final dividend for the year 2002 at Rs 40 per equity share of Rs 100 each.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Ravichandran Ashwin shared a video spotlighting the storm's impact on roads, revealing extensive damage.
What will happen to Oscar Pistorius when he is released from jail?
The Central Bureau of Investigation has filed a progress report of its further investigation in the coal blocks allocation scam case allegedly involving former Coal Secretary P C Parakh, industrialist Kumar Mangalam Birla and others, in a sealed cover before a special court.
The finance ministry has directed all state-owned banks to review their gold loan portfolio as instances of non-compliance with regulatory norms have been noticed by the government. The Department of Financial Services (DFS) in a communication addressed to heads of public sector banks has asked them to look at their system and processes related to gold loan. "We have asked banks to undertake comprehensive review of the gold loan business," financial services secretary Vivek Joshi told PTI.
As many as 720 roads, including four national highways, in Himachal Pradesh are blocked following snow while 2,243 transformers are disrupted.
On August 13, 2017, the victim went to a restaurant, around 300 metres from the university campus, with his friends in the evening but he did not return, and his body was found the next morning near a railway track.
India has covered enough population with vaccine and infection, but protein vaccines should remain available on payment basis for elderly and those with comorbidities.
Rejecting a closure report filed by the Central Bureau of Investigation, a special court in New Delhi has ordered a fresh probe against officials of the Defence Ministry and a private firm allegedly involved in a Rs 3.85 crore scam linked to purchase of cooling systems for T-72 tanks.
Judge Rakesh Tripathi awarded seven years imprisonment to Koli's employer -- businessman Moninder Singh Pandher -- in the case.
The Supreme Court on Friday refused to entertain Congress leader Jagdish Tytler's plea seeking a stay on an order of the trial court directing the Central Bureau of Investigation to conduct further probe into his alleged role in a 1984 anti-Sikh riots case.
The Russian-Ukraine war can hit the global supply chains that are already constrained due to the pandemic and the worst impact will be on ongoing chip shortage because the warring nations brutally control supplies of key raw materials that go into making semiconductors, warns a report. Since Russia controls as much as 44 per cent of global palladium suppplies, Ukraine produces a significant 70 per cent of the global supply of neon -- the two key raw materials that go into making chips. The markets can expect the global chip shortage, that began with the pandemic, to worsen if the military conflict lingers on, says a Moody's Analytics report on Friday.
Lalit Varma has been chargesheeted for fudging his date of birth.
The Central Bureau of Investigation on Saturday filed an application before a Delhi court seeking closure of the Bofors pay-off case against Italian businessman Ottavio Quattrocchi. In the plea filed before Chief Metropolitan Magistrate Kaveri Baweja, the probe agency said all efforts to extradite Quattrocchi for facing the trial in India has failed.The agency opposed the plea of advocate Ajay Agrawal, who had filed an application in his personal capacity.
Chief Minister Arvind Kejriwal, who visited the Wazirabad water treatment plant, warned of rationalising water supply to deal with "acute shortage".
The bench said it will look into the application before hearing the matter on making Setalvad as the second petitioner in Jafri's plea.
Sukanta Majumdar, the state BJP president, said, "Amit Shah has set a target of 35 seats. We will achieve that".
Following is the timeline of events in the case in which the Supreme Court on Friday upheld the Special Investigation Team's (SIT) clean chit to then Gujarat chief minister Narendra Modi and 63 others in the 2002 riots in the state.
Farmer leader Sarwan Singh Pandher on Tuesday said the Centre should convene a daylong Parliament session to bring a legislation on the minimum support price (MSP) for crops, a key demand of protesting farmers.
SKF Bearings India Ltd fixed April 8 to April 23 as book closure for 20 per cent dividend.
The FIR relates to allocation of Talabira II and III coal blocks in 2005.
A Central Bureau of Investigation court on Tuesday reserved for November 25 the verdict in the sensational 2008 double murder case of teenager Aarushi and domestic help Hemraj in which her parents Rajesh and Nupur Talwar are accused.
The settlement with Sebi was seen as Infosys admitting guilt of the lapse, clearing out any legal or regulatory challenges and preparing ground for new chief executive officer Salil Parekh.
The Tamil Nadu government on Saturday ordered indefinite closure of all colleges and hostels in the state in the wake of students' unrest on the Sri Lankan-Tamils issue. Tamil Nadu Chief Secretary K S Sripathy said that all the colleges, both private and government, had been ordered to close due to the unrest. He had also ordered the closure of student's hostels in the state. The government's action comes two days before an indefinite strike called by students.
The police have so far seized approximately 1,700 kg of mephedrone from Pune and a couple of locations in Delhi.
The embassy said it was 'cognisant' that some may attempt to characterise this move as an internal conflict, allegedly involving diplomats who switched allegiance to the Taliban, adding "that this decision is a result of broader changes in policy and interests".
The State Bank of India told the Supreme Court on Thursday it has provided all details of the electoral bonds in its possession to the Election Commission.
The transferred officers included 22 IAS, 79 IPS, 45 Bihar Administrative Service officers
Rohit also shared his memory of playing against the legendary Shane Warne in the IPL.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The on-time performance (OTP) of Indian carriers took a major dip in January as dense fog foiled their flight schedules. According to data from the Ministry of Civil Aviation reviewed by Business Standard, five out of six major Indian carriers - IndiGo, Air India, AIX Connect, Akasa Air, and Vistara - recorded their lowest OTPs in at least the last 11 months. In response to queries, an Air India spokesperson said that during this winter, northern India experienced unusually prolonged periods of dense fog affecting traffic at the airline's two largest hubs -- Delhi and Mumbai.
Fatca aims to track all US residents with non-US accounts and US citizens, too.
Goa Assembly's Public Accounts Committee is understood to have expressed fears that if illegal mining in the state is not curbed, even the legal mines in Goa will face closure, highly-placed sources said.
A row of buildings in Kullu district collapsed Thursday and hundreds of travellers were stranded in relief camps after landslides blocked the road to Mandi in rain-battered Himachal Pradesh.
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