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Fuel prices likely to increase in a phased manner, says Invesco's Taher Badshah
Taher Badshah, CIO at Invesco Mutual Fund, said fears around AI disrupting Indian IT companies may be overstated, noting that enterprise AI adoption remains costly and could eventually create service opportunities for Indian IT firms. Badshah added that valuations in the technology sector have corrected sharply, making select IT stocks attractive from a value-investing perspective.
PM Modi doesn't want you to buy gold for next 1 year. A bigger crash on the cards?
Prime Minister Modi urged Indians to avoid buying gold for a year, a move seen as an attempt to protect foreign exchange reserves amidst global uncertainty and rising crude oil prices. While jewellery stocks saw a knee-jerk reaction, experts believe the appeal may cause temporary caution rather than alter India's deep-rooted affinity for gold.
Jewellery bodies to meet PMO officials today following PM Modi’s call to curb gold buying
PM Modi urges citizens to pause non essential gold buys, jewellery stocks slide as industry and PMO weigh impact on imports and foreign exchange reserves.
Jewellery stocks tank up to 9% on PM Modi's remark
Gold jewellery stocks plummeted after Prime Minister Modi urged citizens to avoid gold purchases for a year to conserve foreign exchange. While this impacted investor sentiment and the near-term outlook, analysts believe underlying consumption trends, especially for weddings and organized players, remain strong for the long term.
Depositories can use part of IPF corpus income for trust costs
Sebi has proposed allowing depositories to use up to 5% of their investor protection fund (IPF) income for administrative and statutory expenses. This move aims to align IPF trust operations with existing stock exchange frameworks. The IPF corpus for NSDL and CDSL stood at ₹87.78 crore and ₹95.18 crore respectively as of March 31, 2026.
As Modi urges restraint on gold buying, jewellers’ body pitches mobilisation & recycling framework
The All India Jewellers & Goldsmith Federation proposes mobilising India's idle gold stocks. This approach aims to save foreign exchange without impacting the livelihoods of 35 million people. The federation suggests establishing a bullion bank and revamping the gold monetisation scheme. This strategy could reduce annual gold import dependence significantly. The industry body urges immediate government consultation.
Equity MFs inflow dips 5% in April; SIP contributions fall to ₹31,115 cr
Equity-oriented mutual fund schemes garnered a net inflow of Rs 38,440 crore in April, marking a 5 per cent decline from the preceding month, amid geopolitical tensions in the Middle East, fluctuating crude oil prices, and concerns about global growth. Moreover, monthly contributions through SIPs (Systematic Investment Plans) declined to Rs 31,115 crore last month from Rs 32,087 crore in March,according to data released by industry body Amfi on Monday. Overall, the industry recorded a net infusion of Rs 3.22 lakh crore in April after witnessing an outflow of Rs 2.4 lakh crore in March. This was contributed by a huge inflow of Rs 2.5 lakh crore in the debt funds. The inflow has lifted the industry's assets under management by 11 per cent to Rs 81.92 lakh crore at the end of April, up from Rs 73.73 lakh crore at the end of March. This was driven by strong positive flows across segments and market to market gains witnessed during the month, said Venkat Chalasani, Chief Executive at ...
PM Modi's appeal to postpone gold buying could hurt jewellery industry, says GJC
The gems and jewellery sector anticipates challenges following Prime Minister Narendra Modi's call to delay gold purchases. Industry leaders suggest unlocking existing household gold through a Gold Monetisation Scheme. This approach could reduce imports and strengthen the economy. The appeal aims to conserve foreign exchange amid West Asia's crisis. The government is urged to reconsider the decision.
Inside the David vs Goliath battle in India’s mutual fund industry
India’s mutual fund industry is no longer just a playground for legacy giants. With SIP inflows hitting ₹32,000 crore a month, a functioning chaos has emerged with many new entrants and products. Here’s why this is a high-stakes game of survival.
S India's small-cap, mid-cap mutual fund inflows hit record highs in April - Reuters
S India's small-cap, mid-cap mutual fund inflows hit record highs in AprilReuters
How should stock and mutual fund investors rebalance their portfolios amid market volatility? Here's a guide - Mint
How should stock and mutual fund investors rebalance their portfolios amid market volatility? Here's a guideMint
Who is Muthukrishnan Dhandapani and how did he become Rahul Gandhi's investment advisor?
Muthukrishnan Dhandapani, a Chennai-based mutual fund distributor and ex-BJP supporter, went viral on X after revealing that he has been advising Rahul Gandhi on his mutual fund investments since 2013. Despite his political leanings, Dhandapani says Gandhi has always separated politics from professionalism and remained a respectful, long-term client.