Mutual Fund industry performance: AUM hits record Rs 75.61 lakh crore; equity funds dominate market

The Indian mutual fund industry reached an all-time high with assets under management (AUM) touching Rs 75.61 lakh crore in September 2025, reflecting a 12.7 per cent year-on-year growth, according to the latest Mutual Fund Industry Dashboard report published by Franklin Templeton. Equity-oriented funds accounted for the bulk of the growth, with AUM rising 9.5…

Read More

Gold rate rally to continue; prices could touch $4,500 per ounce driven by Asian demand: Report

Representative image (AI) Gold prices are on a remarkable upward trajectory, with international markets potentially seeing levels reach $4,500 per ounce, according to a report by Motilal Oswal Financial Services Ltd (MOFSL). The rally is supported by continued central bank purchases, geopolitical uncertainties, and strong demand from Asia. In 2025, gold has already surged over…

Read More

Indian pharma eyes Russian market: Firms explore localised production; target to build largest API hub

Indian pharmaceutical companies are increasingly setting their sights on the Russian market, exploring opportunities to establish production facilities across various regions there. This development was highlighted by Sergey Cheremin, Moscow Government Minister and Head of the Department for External Economic and International Relations, during the “TIME: Russia-India. Mutual Efficiency” forum.Cheremin revealed that productive negotiations are…

Read More

Global economic turmoil: IMF wants world leaders, central banks to ‘buckle up’; here’s the 4-pronged strategy it recommends

Global economy (AI image) The global economy is going through a period of enhanced turmoil with the trade war unleashed by US President Donald Trump. Amidst this uncertainty, International Monetary Fund (IMF) MD Kristalina Georgieva has said that world leaders and central bank governors need to ‘buckle up’.Deepak Ajwani, Editor, Economic Times Online asked IMF…

Read More

Gold price prediction: What’s the outlook for October 17, 2025 ahead of Dhanteras? ‘Buying on dips’ makes sense

Overall, the intraday technical setup stays distinctly bullish. (AI image) Gold price prediction today: Just ahead of Dhanteras and Diwali, gold prices are likely to continue their upward trend, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold continued its strong upward trajectory through the…

Read More