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India’s mutual fund industry began 2026 on an optimistic note, with total assets under management (AUM) rising to Rs 81.01 lakh crore in January, up 20.5% from Rs 67.25 lakh crore a year earlier. Over the past 12 months alone, the industry has added more than Rs 13.8 lakh crore to its asset base.The long-term…
MUMBAI: Currency in circulation (CiC) touched a record Rs 40 lakh crore in Jan, rising 11.1% year-on-year, even as its share in the economy declined. The cash-to-GDP ratio eased to around 11.2%, down sharply from the pandemic peak of 14.4% in March 2021, signalling digital payments are financing a growing share of economic activity despite…
Legal trouble has resurfaced for Ameesha Patel as a Moradabad court issued a non-bailable warrant against her in connection with a 2017 event dispute. The order came after the actress allegedly failed to appear despite multiple summons issued by the court.According to Free Press Journal, the case stems from a complaint filed by event organiser…
IT stocks have taken a massive hit, losing over Rs 6 lakh crore in market value across eight sessions, with the Nifty IT index dropping more than 8 per cent. The sell-off stems from fears that AI could automate core IT services like application development, maintenance, and testing – the backbone of Indian IT companies’…
The combined market valuation of six of the top-10 most valued firms eroded by more than Rs 3 lakh crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest laggards amid a bearish trend in equities.The 30-share BSE Sensex declined 953.64 points, or 1.14 per cent, during the week.Besides…
Disha Patani made a striking appearance in a fiery red Tarun Tahiliani saree, blending tradition with modern runway drama. The outfit featured a fitted corset top and a flowing pallu, creating a bold yet recognizably Indian look. Minimal styling and statement jewellery complemented the Kanjivaram-inspired concept sari, making it a memorable fashion moment. Bollywood red…
CHENNAI: A Madras high court judge recused himself from hearing a criminal case following an allegation that a senior advocate took 50 lakh from a client for a favourable order. The judge also referred the issue to the vigilance cell.The issue pertained to a criminal revision petition and a criminal original petition moved by N…
KOLKATA: Bengal’s voter count is likely to shrink by at least 68 lakh, or about 9%, from what it was in the 2024 Lok Sabha elections. The final list after special intensive revision (SIR) of the electoral rolls is scheduled to be published on Feb 28.The state’s draft SIR list, published on Dec 16, had…
The Union Cabinet has approved the launch of the Urban Challenge Fund (UCF) with a total Central Assistance of Rs 1 lakh crore, aimed at driving market-linked urban infrastructure development and catalysing investments worth around Rs 4 lakh crore over the next five years.The fund marks a shift in urban development model away from grant-based…
Screengrab (Ashwini Vaishnaw) The Union Cabinet has cleared a series of major infrastructure projects spanning railways, roads, tunnels and metro expansion, alongside large-scale urban and startup funding decisions, with the total approved outlay pegged at about Rs 1,60,504 crore, cabinet minister Ashwini Vaishnaw informed on Saturday.A significant portion of the approvals is directed towards transport…
