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Equity MFs see record Rs 41,887 cr inflow in Oct

Equity mutual funds witnessed a record inflow of Rs 41,887 crore in October, marking a surge of over 21 per cent on a month-on-month (MoM) basis, fuelled by robust investments in thematic funds. This also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting the ever-increasing appeal of mutual funds among investors, data with the Association of Mutual Funds in India (AMFI) showed on Monday.




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Brand Vistara Ends Its Journey

Starting November 12, Vistara aircraft will be operated under the Air India banner, to be identified by a special four-digit flight code beginning with "2".




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Sedans Ready To Take On SUVs

Sedans and hatchbacks have both lost market share to SUVs, which now account for more than 50% share of the 4 million-odd-unit PV market in the country.




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'In Equity Markets, One Has To Be...'

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'




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No plan to bring clawback clause: LIC

State-owned Life Insurance Corporation of India (LIC) has realigned its commission structures for its distributors in accordance with new surrender value norms but has no plans to introduce any "clawback", it said in a post-earnings analyst call on Friday. "It depends on our experience because the new products have been filed from October 1," said Siddhartha Mohanty, managing director and chief executive officer. The insurance regulator has revised the surrender value norms, and the revised ones came into effect on October 1.




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Textile hub Tiruppur weaves a comeback on high exports

After experiencing an 11 per cent contraction in exports in 2023-24 (FY24) due to a dip in exports for 10 consecutive months from April to January, the Tiruppur textile industry is back on track in 2024-25 (FY25). The cluster, which contributes 55 per cent of the country's total knitwear exports, posted a 13 per cent increase in the first five months of this financial year (FY25), with August seeing a 22 per cent rise - the highest in over two years.




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China tops MSCI Emerging Market IMI index

China has stayed on top for two consecutive months in the MSCI Emerging Markets Investable Market Index (EM IMI), after ceding the position to India in August. At the end of October, China's weight in the key EM gauge stood at 24.72 per cent, up from 21.58 per cent at the end of August. India's weight during this period has slipped to 20.42 per cent from 22.27 per cent.




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Supreme Industries stock sinks on weak Q2 show

The stock of the country's largest plastic pipe maker Supreme Industries has shed 22 per cent since its highs in October. The September quarter results were below expectations as the volatility in polyvinyl chloride (PVC) resin prices led to a major destocking across the trade channel.




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Markets slump 1%; Sensex tumbled 821 points

From the 30-share Sensex pack, NTPC, Asian Paints, HDFC Bank, State Bank of India, Tata Motors, JSW Steel, Maruti and Power Grid were among the major laggards. On the other hand, Sun Pharma, Infosys and ICICI Bank were the gainers.




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Factory output up 3.1% in September

India's industrial production expanded by 3.1 per cent in September, mainly due to improvement in the manufacturing sector, according to official data released on Tuesday. The factory output, measured in terms of the Index of Industrial Production (IIP), witnessed a growth of 6.4 per cent in September 2023.




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What Dabur stock fall may mean for long-term investors

Dabur's performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year-on-year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory. Indian revenue declined 7.6 per cent, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms.




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Inflation soars to 14-month high of 6.2% in Oct

Retail inflation breached the Reserve Bank's upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices. Inflation based on the consumer price index (CPI) was 5.49 per cent in September and 4.87 per cent in the year-ago month. Retail inflation trended below the RBI's upper tolerance band of 6 per cent since September last year.




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Retail ownership of equities up 800bps in a decade

Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period, suggests a recent note from Morgan Stanley. This number, Morgan Stanley said, is set to rise in the next few years as Indian households are still underinvested in equities. India's demographics, policy framework, investor education and modest positive real rates, it said, will fuel the 'equity cult' in India.




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Investors poorer by Rs 5.29 lakh cr as markets slump

A sharp fall in the equity market made investors poorer by Rs 5.29 lakh crore on Tuesday when the BSE benchmark Sensex tumbled over 800 points. A host of negative triggers -- muted quarterly earnings, continuous foreign fund outflows and weak trends in Asian and European markets -- dragged the benchmark indices lower. The BSE benchmark gauge tumbled 820.97 points or 1.03 per cent to settle at 78,675.18.




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Planning To Register For IIT-JEE? Last Date Is...

The last registration date for the IIT-Joint Entrance Exam Main 2025 Session 1 is November 22, 2024.




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How To Get A Rs 50,000 Undergrad Scholarship

The Foundation for Excellence Scholarship for Technical Courses 2024-25 programme provides financial assistance to meritorious students from economically disadvantaged backgrounds who aspire to pursue undergraduate degrees in engineering, medicine or law.




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Western Digital Is Offering A Rs 75,000 Scholarship To...

Western Digital is offering a one-time scholarship of up to Rs 75,000 to persons with disabilities and transgender students pursuing graduation, post-graduation and PhD degrees in STEM-related fields.




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Kashmir will not become part of Pakistan: Farooq Abdullah

Abdullah said if the terrorists think they can establish Pakistani writ in Jammu and Kashmir by indulging in such acts, they are mistaken.




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Pak terrorists behind J-K attack? Lashkar outfit claims responsibility

The assailants believed to be Pakistani terrorists, meticulously studied the site layout before executing their plan.




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India, Pak renew Kartarpur agreement for 5 yrs

In view of the continued requests of the pilgrims regarding the removal of $20 service charge levied by Pakistan per pilgrim per visit, India has once again urged Pakistan to not levy any fee or charges on the pilgrims, the Ministry of External Affairs (MEA) said in a statement.




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Farooq Abdullah's message to Pakistan after Gulmarg attack

National Conference president Farooq Abdullah on Friday said attacks like the one in Gulmarg would continue to occur until India and Pakistan found a way to be friends and that would end Jammu and Kashmir's troubles.




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'Unacceptable': Chinese envoy on security lapses in Pakistan

Chinese Ambassador to Pakistan Jiang Zaidong urged that the government should launch a crackdown against all anti-China terrorist groups after two deadly attacks took place in Pakistan within only six months, The Express Tribune reported.




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Pak conducted artillery tests near LoC: Officials

This comes as the neighbouring country strengthens defence ties with Gulf and Western European countries, and its long-standing ally Turkiye, the officials said.




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Pak blames India for worsening smog in Lahore

Toxic grey smog has sickened tens of thousands of people, mainly children and elderly people, since last month when the air quality started worsening in Lahore, the city bordering India.




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Pak Army Chief Will Now Stay Till Nov 2027

Whenever tenures of army chiefs were extended in the recent past, prime ministers were subsequently eased out of office by the same army chief, notes Rana Banerji, who headed the Pakistan desk at RA&W.




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When Muslim League Wanted Rampur For Pakistan

'If you can have Rampur flown magically to Pakistan's borders, I might ask the nawab to accede to Pakistan. Else, I'm afraid we have no choice in the matter but to join India.'




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27 killed, 62 injured in suicide bombing at Pak railway station

The explosion ripped through the provincial capital Quetta's railway station as passengers gathered on the platform before the scheduled departure of the Jaffar Express to Peshawar.




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Mala for Mondays

It pays to listen to your heart while making a career choice, feels CEO of ‘I Love Mondays’ Mala Mary Martina




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Anything for a change: Gautami Tadimalla

Actor Gautami Tadimalla is now focused on promoting awareness on health, through her foundation and films




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‘The job of a historian is to be diagnostic’

In “India Conquered”, Jon Wilson demystifies the British rule in India




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Loud and clear

Naseeruddin Shah says it is premature to celebrate the present ‘new wave’ in cinema




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A lasting relationship

Sangeet Natak Akademi awardee Himani Shivpuri on her passion for theatre and more




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At the head of a struggle

Geetha Vazhachal, tribal chieftain, talks about life in her ooru and how the Athirapally Hydel Project will impact the lives of tribals forever




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Learning self protection

The self-defence programme equips girls in rural schools with an extra skill




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Of memories, laptops, guitar and besties




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With music all around

Myriad factors inspire him as a musician, says ghatam exponent Udupi S. Sreedhar




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I’m still reeling from Tuesday...

Rejected by cabbies and out of ‘legal’ cash, LOCAL TEA PARTY faces life without 500- and 1000-rupee notes




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Magnificent window to regal times

Thekkae Theruvu Malika witnesses several landmark events in the history of Travancore




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An unlikely success story




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The story behind the lines

In her new avatar, graphic artist Simi Raghavan finds herself as a successful illustrator of colouring books for adults




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Does Hillary play by men’s rules?

Hillary comes across as someone playing by men’s locker-room rules.




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Traditional art will always remain

That is why Odissi has survived for centuries, says Arushi Mudgal to PARSHATHY J. NATH




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A life of sugar and spice

Youngsters share their stories of living with Type 1 diabetes




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Leels meets literature

SUVASINI SRIDHARAN says her baby already loves to nibble books, and it is just a matter of time before she starts reading them




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As ideas come together

After co-working spaces, co-living is the new buzzword.




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Truly, madly, beardly

A victim of ‘beardism’, VISHAL MENON finds all is fine and dandy during no-shave November




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The business of art

Art galleries brace up to face the heat of demonetisation, as buyers tighten their purse strings




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Despair before hope

Living Smile Vidya on bagging the Karnataka State Film Award for Naanu Avanalla…Avalu




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The new Rs 2,000: noteworthy or not?

Armed with a new Rs. 2,000 note, this reporter tries his luck at getting change at a few outlets in Chennai




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Mobile wallets to the rescue