Karnataka Minister K H Muniyappa has publicly voiced his dissatisfaction with the portfolio allocation in the new D K Shivakumar government, citing a lack of consideration for seniority. He urged the Congress leadership to review the assignments, highlighting his preference for portfolios like Social Welfare or Agriculture, and noted that another senior minister, Ramalinga Reddy, also resigned over the issue.
Asked to whom the demand was made, Gogavale said it was probably Prime Minister Narendra Modi or Union Home Minister Amit Shah.
Ten days after the expansion of the BJP government's cabinet in West Bengal, key portfolios have been allocated, with senior leader Tapas Roy taking charge of industries and journalist-turned-politician Swapan Dasgupta appointed finance minister.
Tamil Nadu Chief Minister C Joseph Vijay will handle key portfolios including police, general administration and welfare of women, youth and children. Veteran leader K A Sengottaiyan has been designated as the Finance Minister.
Shiv Sena's Dadaji Bhuse is the new school education minister while Uday Samant continues to be the industries minister.
Senior Congress leader K Sudhakaran stated that the amicable resolution of portfolio-sharing issues has given the party a 'new image'. Discussions on cabinet portfolios are underway within the Congress and among UDF allies in Thiruvananthapuram. The swearing-in ceremony of the CM and 20 other ministers is scheduled to be held on Monday.
Top Kerala police officers met with Congress leader Ramesh Chennithala amid speculation he will be the next Home Minister, discussing security for the swearing-in ceremony.
Congress leader Ramalinga Reddy has resigned from his ministerial position in the newly formed Shivakumar government in Karnataka, expressing strong displeasure over the portfolio allocated to him. He had sought the Bengaluru Development portfolio but was given Major and Medium Irrigation projects, leading to a significant setback for the new administration.
A look at the portfolio allocation to ministers by Maharashtra Chief Minister Devendra Fadnavis shows he is serious about his commitment to provide "maximum governance and minimum government."
'Investors spend too much time picking the right mutual fund and too little time choosing the right asset allocation. That's where real wealth is created.'
The Punjab government has redistributed portfolios held by arrested minister Sanjeev Arora among other cabinet members, including Aman Arora, Harjot Singh Bains, and Tarunpreet Singh Sond.
Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.
The entire Cabinet of the new Kerala government is expected to be sworn in on Monday, with the list of ministers likely to be finalised soon, according to UDF convenor Adoor Prakash. Leaders of UDF allies held a meeting to discuss the preparations for the swearing-in ceremony.
Life cycle funds may suit people who are starting their investing journey. They may suit those who do not want to monitor their investments frequently. Busy professionals, beginners and delegators, who lack the time, information or interest to manage asset allocation actively, may find these funds useful.
International mutual fund schemes have seen a significant resurgence in investor interest, attracting approximately Rs 7,600 crore in net inflows over the past year, a stark reversal from previous outflows, driven by their strong outperformance against domestic markets and limited AI-linked investment opportunities in India.
Kerala's Chief Minister-designate, V D Satheesan, has announced his new ministerial team, emphasising social and regional balance within the coalition. Senior leaders like Ramesh Chennithala and K Muraleedharan are set to be inducted, with Thiruvanchoor Radhakrishnan nominated as Speaker.
Investors can begin investing in mutual funds with as little as Rs 100.
'It has always been viewed as a hedge against inflation.'
Investor interest in precious metal exchange-traded funds (ETFs) rebounded sharply in June, with silver ETFs attracting an estimated 4,900 crore and gold ETFs around 2,900 crore in net inflows, following a significant correction in gold and silver prices.
Smallcap funds give investors access to businesses that can grow much faster than the broader economy.
Info Edge, the parent company of naukri.com, has invested over 1,000 crore in more than 50 artificial intelligence (AI) and deep-tech startups since 2020, demonstrating its commitment to fostering India's emerging technology ecosystem.
With sulking Tourism Minister Anand Singh shutting down his MLA's office in Hospet in Vijayanagar district reportedly to show his displeasure over the portfolio allocation, Chief Minister Basavaraj S Bommai on Wednesday said he would speak to him.
Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.
As the rupee weakens, wealthy families are accelerating investments in global assets.
Earlier, most investors counted on traditional options like fixed deposits, gold, or property. But in 2026, you will have access to a much wider range of opportunities across different markets and sectors.
Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.
The tax treatment of equity savings funds makes them appealing, especially to investors in higher income-tax brackets.
FPIs have already withdrawn Rs 2.6 trillion from Indian equities in 2026, exceeding the outflows recorded in any previous full calendar year.
The case for long-term investment in gold, however, remains intact.
Investors should do thorough due diligence when selecting a platform.
Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.
'...a mix of asset classes.' 'Include equities for growth (across market caps), debt for stability and liquidity, gold as a hedge against macro and currency risk, and global assets for geographical and economic diversification.'
This exercise allows investors to realign their portfolios with changing market conditions and evolving personal objectives.
Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.
Mercedes-Benz India is exploring a larger role for plug-in hybrid electric vehicles (PHEVs) in its portfolio, with plans to potentially introduce the technology in more models beyond the newly launched S-Class plug-in hybrid. This strategy aims to cater to luxury car buyers who are hesitant about fully electric vehicles due to concerns over charging infrastructure and range.
...exceeding their 49,340 crore equity selloff.
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.
Indian startup funding plummeted by 43 per cent year-on-year to $7.81 billion between March 1 and June 15, 2026, largely due to the West Asia conflict, which has amplified global risk perceptions, tightened liquidity, and led to rupee depreciation, making global investors cautious.
Newly appointed Bengal Industries Minister Tapas Roy has announced ambitious plans to attract significant investments, particularly from the Tata Group, to revive industrial growth in West Bengal. He aims to restore investor confidence, bring back businesses that left the state, and create an industry-friendly environment focused on manufacturing, services, and renewable energy.
Overlap refers to the same stocks appearing across fund portfolios.
