Equity Inflows Decline Amid Market Selloff Net equity inflows into mutual funds dropped sharply in February as the market continued its decline, having lost 18% since its September peak. The inflows fell to ₹29,303.34 crore, marking a 26% decline from January. The overall assets under management (AUM) of the mutual fund industry also declined by …
The Long Road to the First Crore Accumulating the first crore is often the most challenging financial milestone. Madhu, a disciplined investor, started investing at 25 with a monthly systematic investment plan of ₹10,000. Despite consistently earning 12% annual returns, it took her 20 years to reach ₹1 crore. Had she increased her SIP contributions, …
Formation of the Joint Venture Wilmar International, a Singapore-based agribusiness group, and the Adani Group, a diversified Indian conglomerate, established a 50:50 joint venture in January 1999. The partnership combined Adani’s strong domestic market presence and logistics expertise with Wilmar’s global sourcing capabilities and technical know-how. The joint venture played a key role in shaping India’s edible …
Understanding Cash Limits for NRIs Entering India NRIs travelling to India must adhere to specific regulations governing the amount of foreign and Indian currency they can carry. While there is no restriction on bringing foreign exchange into India, certain limits require a declaration to customs authorities upon arrival. NRIs can bring up to $5,000 in …
Digital arrest scams have emerged as a growing cyber threat, with fraudsters impersonating law enforcement agencies to extort money from unsuspecting victims. Since policing and public order are state subjects under the Indian Constitution, State and Union Territory (UT) law enforcement agencies (LEAs) play a crucial role in tackling such crimes. However, the Central Government …
Binny Bansal, co-founder of Flipkart, has unveiled Opptra, a startup that aims to build franchise business portfolios for branded consumer goods. Opptra seeks to simplify brand expansion by leveraging advanced technology, data-driven localisation, and a robust global supply chain, as per news reports. Bridging the Gap in Global Brand Expansion Expanding into new markets presents …
On March 14, 2025, Banks and India’s leading stock exchanges, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), will be closed in observance of the Holi Festival, with all trading activities suspended for the day. Is Stock Market Open Today? According to the official holiday calendar of the NSE and BSE, no …
On March 13, 2025, the Indian benchmark indices ended lower, whereby Nifty 50 fell 0.33% to 22,397.20 while Sensex dropped 0.27% to 73,828.91. Top Gainers of the Day Symbol Open High Low LTP %chng BEL 283 285.8 279.42 280.1 1.18 SBIN 725.9 731.45 724.5 728 0.68 CIPLA 1,456.40 1,465.70 1,445.65 1,460.05 0.4 ICICIBANK 1,251.05 1,255.60 …
Since 2019, Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) have collectively generated ₹12,984.86 crore by monetising non-core assets, including land, buildings, telecom towers, and fibre infrastructure. This initiative follows government-approved policies aimed at optimising asset utilisation while ensuring minimal disruption to operations. Telecom Firms’ Asset Monetisation Details As per data shared …
India is set to take a monumental step in securing its mineral future with the launch of its first-ever auction for exploration licenses of critical minerals. The Ministry of Mines has announced that the auction will commence on Thursday, marking a significant milestone in the country’s efforts to reduce its dependence on imports and boost …
