Inflows into equity mutual fund (MF) schemes declined for the third month in a row in March even though the equity market recovered sharply. Equity MF schemes raked in a net Rs 25,082 crore in March, down 14 per cent
The fast-moving consumer goods (FMCG) sector is likely to report muted results in the fourth quarter of 2024-25 (Q4FY25) due to weakness in urban consumption. The weakness may persist through the first half of 2025-26 (H1FY26). Image used for representation
India’s industrial production growth decelerated to a six-month low of 2.9 per cent in February 2025, mainly due to poor performance of the manufacturing, mining and power sectors, according to official data released on Friday. Photograph: Praveen Paramasivam/Reuters The government
India’s forex reserves jumped $10.87 billion to $676.27 billion during the week ended April 4, the Reserve Bank of India (RBI) said on Friday. Photograph: Lisa Marie David/Reuters The overall kitty had jumped $6.6 billion to $665.4 billion in the
Benchmark Sensex surged by 1,310 points while Nifty closed above 22,900 level on Friday after the US announced suspension of additional tariffs on India for 90 days until July 9 this year. Photograph: PTI Photo from the Rediff Archives Defying
Finance Minister Nirmala Sitharaman is in London for the 13th India-UK Economic and Financial Dialogue with her counterpart, Chancellor of the Exchequer Rachel Reeves. Source link
Electronics manufacturing services firm Dixon Technologies is setting up a Rs 1,000-crore facility near Chennai and signed a Memorandum of Understanding with the Tamil Nadu government on Wednesday. Photograph: Kind courtesy, Dixon Technologies The factory, which will come up at
Domestic benchmark equity indices may see a positive trading sentiment on Friday thanks to a spectacular rally in world markets after the US President Donald Trump announced to put tariff hikes on hold for 90 days, excluding China from the
India’s largest IT services firm Tata Consultancy Services on Thursday reported a 1.68 per cent dip in its consolidated net profit to Rs 12,224 crore for the March 2025 quarter. Photograph: Dado Ruvic/Reuters Tata Consultancy Services (TCS) – whose earnings
The only silver lining in March’s performance — which otherwise dragged down the financial year’s momentum — was a 6 per cent year-on-year (Y-o-Y) growth compared to March of the previous year. This is largely due to incentives, festival-driven gains,
