New investor additions by mutual funds (MFs) have slowed dramatically in recent months, indicating that market correction and a rise in volatility are somewhat dimming the appeal of equity schemes. Illustration: Dominic Xavier/Rediff MFs have onboarded 300,000 new investors in
Benchmark stock indices Sensex and Nifty ended higher on Wednesday after three days of decline, tracking a rally in global markets. Photograph: ANI Photo Buying in blue-chips Reliance Industries and HDFC Bank also added optimism to markets recovery. The 30-share
Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products, has launched Amul Milk in Spain. Photograph: Amit Dave/Reuters In a statement on Wednesday, the GCMMF announced “its partnership with Cooperativa Ganadera del Valle de los Pedroches (COVAP), Spain’s
The government has not made any amendments to the foreign direct investment (FDI) policy for countries sharing land border with India, sources said on Wednesday. Illustration: Uttam Ghosh/Rediff In 2020, the government issued Press Note 3 under which investors from
On June 6, 2025, RBI Governor Sanjay Malhotra is expected to announce the decision of the bank’s Monetary Policy Committee. IMAGE: RBI Governor Sanjay Malhotra. Photograph: ANI Photo The weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system
Tesla’s official entry into the Indian market is expected in the final quarter of the current financial year. Photograph: Yves Herman/Reuters Elon Musk’s Tesla Inc has leased a 24,565 square foot warehousing facility in Mumbai’s Kurla West for a
South Korean automaker Hyundai Motor Company on Tuesday exited Ola Electric Mobility by selling its entire 2.47 per cent stake in the company for Rs 552 crore through an open market transaction. Photograph: Andrew Boyers/Reuters According to the bulk deal
The turnover of FMCG major Nestle India’s has grown 2.5 folds to Rs 20,100 crore in last one decade, post the Maggi crisis in 2015, according to the company’s latest annual report. Photograph: Danish Siddiqui/Reuters At the time of crisis,
India’s job market is witnessing high mobility with a significant percentage of professionals actively seeking new roles, many are now negotiating for better pay within their current organisations, says a survey. Illustration: Dominic Xavier/Rediff The latest Talent Trends India 2025
India’s real GDP growth in FY26 will slide further to 6.2 per cent in FY26 from 6.5 per cent in FY25, a Japanese brokerage said on Monday. Illustration: Dominic Xavier/Rediff In a research report, Nomura said there is a “divergence”
