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.
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.
Asked to whom the demand was made, Gogavale said it was probably Prime Minister Narendra Modi or Union Home Minister Amit Shah.
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.
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.
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.
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.
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."
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.
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.
'It has always been viewed as a hedge against inflation.'
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.
The case for long-term investment in gold, however, remains intact.
Investors should do thorough due diligence when selecting a platform.
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.
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.
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.
rediffGURU Ulhas Joshi answers your mutual fund queries.
'...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.'
In reality, no single philosophy can dominate every market cycle. That's why we've explained how these approaches work to help investors make informed and realistic decisions.
Indian mutual funds have significantly reduced their exposure to the information technology (IT) sector, with holdings now at an eight-year low of 6.7% in April 2026, driven by weak earnings growth, global demand slowdown, and concerns over AI-led disruption.
Gen Z is a generation that has been raised in a digital-first era, where shopping, payment, and monetary transactions are done within seconds via smartphones. Moreover, the new flexibility offered by investing platforms is encouraging young investors to opt for investment frequencies that align with their spending patterns and lifestyle. This change has brought up an interesting debate on whether daily and weekly SIPs are better than monthly investments.
'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'
This exercise allows investors to realign their portfolios with changing market conditions and evolving personal objectives.
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.
Hybrid mutual fund schemes attracted significant inflows of Rs 1.55 lakh crore in FY26, a 29 per cent increase, as investors increasingly opted for diversified investment strategies to navigate volatile market conditions and geopolitical tensions.
RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 27,048 crore from Indian equities so far in May, bringing the total outflows for 2026 to Rs 2.2 lakh crore, driven by global macroeconomic and geopolitical uncertainties.
The Gujarat government has announced a significant investment in sports infrastructure, with the goal of transforming the state into a sports hub and positioning Ahmedabad as a potential host city for the 2036 Olympic Games.
Overlap refers to the same stocks appearing across fund portfolios.
Bitcoin has fallen from its peak of $1,26,251.3 on October 6, 2025, to $65,405.5, a decline of 48.2 per cent. Investors must recognise that sharp volatility is inherent to Bitcoin and avoid kneejerk reactions.
The unprecedented rally in artificial intelligence (AI)-linked stocks has led to Indian companies being excluded from the top 10 constituents of the MSCI Emerging Markets (EM) Index for the first time in over two decades, raising concerns about concentration risk.
Tata Sons' unlisted ventures, including Air India, Tata Digital, and Tata Electronics, reported combined net losses of approximately 25,568.8 crore in FY25, a 58.3 per cent increase from the previous year, despite Tata Sons itself remaining profitable for over a decade.
