Retail investors are continuing to pour large sums into mid and smallcap mutual fund schemes, chasing high returns even as experts warn of stretched valuations and recommend a shift to safer ground.According to data from the Association of Mutual Funds in India (AMFI), investors allocated Rs 20,255 crore into mid and smallcap schemes in the…
Amid tightening international scrutiny, Russian-linked Indian refiner Nayara Energy has exported its first gasoline shipment since the European Union imposed sanctions on the company on July 18, Reuters reported citing four sources and LSEG data.According to shipping sources and LSEG data, the vessel Tempest Dream departed on Monday with around 43,000 metric tons (over 363,000…
Fraudsters are increasingly exploiting Aadhaar-linked identity systems to file bogus insurance claims, prompting a large-scale probe by the Uttar Pradesh Police and a renewed industry push to tighten oversight across health, life, and motor insurance sectors.According to officials, criminals have now moved beyond PIN code manipulation — a fraud technique previously used to bypass claim…
India’s business sentiment saw a sharp uptick in the April-June quarter, with the Business Confidence Index (BCI) rising to 149.4 from 139.3 in the previous quarter, according to the latest Business Expectations Survey by the National Council of Applied Economic Research (NCAER).The index is built on four key components: expectations of overall economic improvement over…
The Competition Commission of India (CCI) has approved Dalmia Bharat’s proposal to fully acquire the debt-laden Jaiprakash Associates Ltd (JAL), clearing a key hurdle in the latter’s ongoing insolvency process.The green light from the antitrust regulator allows Dalmia Cement (Bharat) Ltd, a wholly owned subsidiary of Dalmia Bharat Ltd, to submit its resolution plan for…
US stock indices traded marginally higher on Tuesday, showing signs of stability after two volatile sessions driven by economic uncertainty and political tension over tariffs. The S&P 500 inched up 0.1% in early trade, while the Dow Jones Industrial Average rose 77 points, or 0.2%. The Nasdaq Composite also added 0.1%, AP reported.The gains came…
Bharti Airtel reported a 43% year-on-year rise in consolidated net profit to Rs 5,947.9 crore for the April–June 2025 quarter, up from Rs 4,160 crore a year earlier, driven by robust growth in India revenue and higher average revenue per user (ARPU).The telecom major’s consolidated revenue from operations rose 28.4% to Rs 49,463 crore during…
The US Citizenship and Immigration Services (USCIS), introduced a significant update to its Policy Manual, specifically targeting marriage fraud in family-based immigrant visa petitions.The critical update to its Policy Manual titled ‘Family-Based Immigrants’, released August 1, is designed to ensure that only genuine relationships, particularly bona fide marriages, qualify for lawful permanent resident (green card)…
US President Donald Trump and European Commission President Ursula von der Leyen (Photo: AP) In a major step towards easing trade tensions, the European Union announced on Tuesday that it will suspend its planned retaliatory tariffs on US goods worth 93 billion euros ($107 billion).The move follows a deal struck last month between US President…
Robert Bosch Gmbh is set have a bigger presence in India as it eyes acquiring control of Johnson Controls-Hitachi Air Conditioning India (JCHAI).According to a stock exchange filing on Monday, Bosch acquired a 74.2% stake from JCHAI’s parent organisations Johnson Controls-Hitachi Air Conditioning Holding (UK) and JCHAC India HoldCo Ltd, effective July 31, reported the…
