The Indian retail investors continued to plough funds into mutual funds in September, with a stark shift visible in investor preference amid declining equity market’s appeal and glittering precious metals. Overall, the mutual fund industry added 40 lakh folios in
Multi-asset allocation funds (MAAFs) have emerged as strong performers among mutual funds (MFs), rivalling medium-term returns from traditional equity categories while maintaining a lower risk profile. Illustration: Dominic Xavier/Rediff Over the past three years, average returns for this segment have
The recent flash floods and landslides triggered by heavy rain in north Bengal have caused massive destruction in at least 30-35 tea gardens in Darjeeling, with reports of loss of plantation areas, deaths of workers and damage to houses of
The initial public offering of LG Electronics India Ltd received 54.02 times subscription on the final day of bidding on Thursday, driven by overwhelming participation from institutional buyers. Photograph: Kim Hong-Ji/Reuters The Rs 11,607-crore IPO received bids for 3,85,33,26,672 shares
Prime Minister Narendra Modi on Thursday said the India-UK free trade pact will boost MSMEs and create jobs, and exuded confidence that the target of doubling bilateral trade will be achieved ahead of 2030 deadline. IMAGE: Prime Minister Narendra Modi
TCS Q2 Results Live Updates: Tata Consultancy Services Ltd. (TCS), the largest Indian IT services company, reported constant currency revenue growth for the September quarter for the first time in three quarters. Revenue growth in constant currency terms stood at
(Bloomberg) — Emerging markets rose as the latest surge in the Asian tech sector coincided with the impact of a deal between Israel and Hamas on assets across that region. Middle Eastern sovereign bonds led the gains in emerging markets,
Between January and August 2025, over 65,000 units of the Bolero were sold, making it the third-highest contributor to Mahindra’s overall SUV sales. Bolero annually achieves sales of over 1 lakh units. IMAGE: Nalinikanth Gollagunta, chief executive officer, Automotive Division,
Indian information-technology (IT) service providers are likely to report another quarter (July-September) of low, single-digit growth owing to macro uncertainties, chiefly emanating from America, with no respite in sight even in the second half of the year. Illustration: Dominic Xavier/Rediff
Markets regulator Sebi on Wednesday overhauled the block deal framework for stock exchanges, by setting a minimum trade size limit of Rs 25 crore and introducing two trading windows with tighter price limits and enhanced disclosure norms. Photograph: Francis Mascarenhas/Reuters
