About 124 acres of panchayat land was sold to IOCL by Bal Jattan gram panchayat, while Khandra gram panchayat sold about 56 acres to IOCL for a combined sum of ₹383.45 crore, the amount being received in the saving bank accounts of the gram panchayats in the Punjab National Bank
The agency further alleged that Vipam Consultancy Pvt Ltd, of which Srivastava’s wife Anupam is a director and holds 95 per cent shares, had “no genuine business dealings” with CREST.
Mutual funds and ULIPs differ significantly. Mutual funds focus solely on investments, while ULIPs offer insurance along with investment.
Gold and silver remain attractive despite recent profit booking, supported by central bank demand and expectations of softer global interest rates. While gold could see further upside, silver is likely to remain more volatile
Multi-asset funds have outperformed the Nifty over recent one and three-year periods. Strong returns from precious metals and REITs aided this category's performance
Regular SIP investing helps investors benefit from compounding, rupee-cost averaging and financial discipline. While missing one instalment may have limited impact, repeatedly skipping SIPs can reduce long-term wealth, disrupt investment habits, affect financi
Two days after it diverted the local development fund of Baner area for seeking enquiry into the irregularities in spending of development funds by BJP legislator and state minister Chandrakant Patil in the area, the ruling BJP has targeted another NCP corpora
Tata Mutual Fund has resumed subscriptions to Tata Gold ETF for large investors committing Rs 25 crore or more and removed investment limits on lump-sum investments and switch-ins to Tata Gold ETF FOF. The revised norms, effective August 21, follow the normali
BJP legislators protested demanding minister B Nagendra's resignation over alleged scam. Leaders claim Rs 189 crores were looted from Dalits for development
If you are investing for three years and aware of the risks associated with these schemes, you can consider investing in Banking & PSU schemes. DSP Banking & PSU Debt Fund has been in the second quartile in the last four months
Mutual fund SIP inflows rose 12% YoY to Rs 31,961 crore in July, while SIP accounts increased 12.5% to 10.63 crore. Franklin Templeton India highlighted strong inflows into flexicap and multi-asset funds, along with rising passive fund AUM and broader growth a
Two days of relentless rain have left Prayagraj inundated the worst-affected district in Uttar Pradesh this monsoon with up to three feet of water flooding residential areas, families fleeing their homes and rescue teams using boats to reach those stranded. Th
The Enforcement Directorate (ED) on Wednesday conducted searches at 10 premises in Rampur, Saharanpur, and Delhi as part of its money-laundering investigation into the Maulana Mohammad Ali Jauhar Trust and Mohammad Ali Jauhar University, Rampur. The searches w
July was a busy month for HDFC Mutual Fund, which ramped up its investments by increasing its stakes in about 422 stocks. Simultaneously, the fund reduced its involvement in 164 stocks, affecting numerous prominent companies
Sunil Singhania-backed Abakkus Flexi Cap Fund increased its exposure to Reliance Industries, Vedanta Power and 32 other stocks in July. The fund added shares of NTPC, Edelweiss Financial Services, Vedanta Aluminium Metal, SBI, HDFC Bank and ICICI Bank, while t
MCX is the sole stock held by six top-performing mid and small-cap mutual funds. Analysts at UBS see a re-rating opportunity, upgrading the stock to Buy
India s payments ecosystem has evolved dramatically, from hundis and merchant networks that moved value across long distances to formal banking, electronic transfers and the digital infra behind UPI. Each technological leap solved the same fundamental challeng
Around 12 equity mutual funds delivered over 40% returns since August 15, 2025, led by international and thematic funds. Nippon India Taiwan Equity Fund topped the list with 140.91%, while several domestic diversified funds posted more moderate gains
What happens when a couple reaches a point where earning more money no longer feels as important as having more time? Gurgaon-based financial content creator Amit Arora recently shared the story of his 38-year-old cousin and his wife, a DINK couple in Pune who
In July, mutual funds increased their allocation to the IT sector to 6.6 per cent, marking a positive shift after an extended period of minimal investment from fund managers. Analysts believe this surge is mainly driven by valuation factors, highlighting a cau
Behari Lal Engineering s Rs 302-crore IPO enters its final bidding day with strong investor demand and a 28% grey market premium. The issue was subscribed 7.78 times on Day 2, led by NIIs and retail investors
In July, fund managers recalibrated their blue-chip stock portfolios, focusing on select sectors like IT, automotive, and pharmaceuticals for increased investments. Notably, financial services, particularly non-banking financial companies (NBFCs) and private l
Overseas fund of funds (FoFs) saw a monthly outflow in July for the first time since April 2025, as mutual funds halted fresh investments in such schemes. The improved performance of Indian markets during the month and the global AI meltdown in some other mark
Mutual funds boosted cash holdings by over Rs 7,856 crore in July. PPFAS Mutual Fund held the largest cash reserve at Rs 25,291 crore
Money collected from Jaypee homebuyers allegedly went to a Formula One track, a hospital company, a charitable trust and an expressway, the Enforcement Directorate (ED) told the Delhi High Court on Tuesday. While Rs 32,825 crore was collected from 25,000 homeb
Mutual funds bought Rs 15,900 crore of stocks in July while FIIs sold Rs 11,000 crore. Axis Bank, INDO-MIM and Kotak Mahindra Bank saw major buying, while ICICI Bank, Eternal and Reliance Industries faced selling
An investment advisor recommends a tailored strategy for a surplus of Rs 1.31 crore, focusing on balancing risk and stability for retirement aspirations. This plan involves a staggered investment approach via a systematic transfer plan (STP) spanning four to s
Mumbai: The Securities and Exchange Board of India (Sebi) has not observed any manipulation in the newly introduced closing auction sessions, chairman Tuhin Kanta Pandey said Wednesday, attributing the recent divergence in two major indices to circumspect trad
Thematic funds focus on investing in firms associated with particular long-term trends, aiming for potential alpha returns. They entail a greater concentration risk when compared to traditional diversified equity mutual funds
Motilal Oswal Asset Management Company crossed Rs 2 lakh crore in total AUM across mutual funds, AIF and PMS as of August 7, 2026. The milestone reflects its QGLP investment philosophy and equity-focused strategy
Heated moment unfolded at the Senate Judiciary Committee as Sen. Ted Cruz accused top Minnesota Democrats of being aware of and allowing large-scale fraud schemes tied to Somali-linked nonprofit networks
In this edition of Know Your Fund Manager, Rajasa K., Vice President and Portfolio Manager at Templeton Global Investments, shares her career journey from equity research to managing hybrid and equity schemes. She discusses her GARP-focused investment philosop