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Mutual fund distributors seek tax relief after Sebi’s expense ratio overhaul
Distributors have urged the Association of Mutual Funds in India to adopt the reverse charge mechanism to offset income losses stemming from new expense ratio regulations. Many small distributors, particularly those exempt from GST, are significantly affected by the changes.
Reebok sales doubled in last 3 yrs, aggressive on growth trajectory: Aditya Birla Lifestyle Brands
Reebok's sales have more than doubled in India over the last three years following its acquisition by an Aditya Birla group firm. The brand plans to aggressively expand its network by adding 40-50 stores annually, targeting untapped market opportunities across metro and smaller towns. This growth is fueled by strong same-store sales and new product launches.
Gold price rises ₹10 to ₹1,48,590; silver up ₹100, trading at ₹2,60,100
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,36,210
Gold, silver rates today: Comex gold rebounds $154/oz, silver gains $4 on Middle East peace hopes
Precious metals rose on 12 June amid hopes for a US-Iran peace deal, with gold futures jumping $154 to $4,267. Despite gains, gold faces a second weekly loss, while silver surges $4.
Ethanol Stock Jumps After Parag Parikh Mutual Fund Buys 17.40 Lakh Shares in the Co. By Trade Brains - Investing.com India
Ethanol Stock Jumps After Parag Parikh Mutual Fund Buys 17.40 Lakh Shares in the Co. By Trade BrainsInvesting.com India
13 stocks held by 100+ MFs in May surged up to 85% in just over 5 months
Stocks with strong mutual fund backing delivered sharp gains in CY26, with 13 names rising 40% to 85% in just over five months. Data show 268 stocks held by over 100 schemes, signalling broad institutional conviction and reinforcing momentum in select high-performing counters across sectors.
Gold, silver trade higher in India: Why Tata MF remains bullish on precious metals
Gold and silver prices rebound on MCX and COMEX as US Iran tensions ease, analysts see support for bullion but warn of near term volatility.
Vodafone Idea shares jump 4%; KM Birla says telco navigated through one of its toughest challenges in history
Vodafone Idea shares climbed after shareholders approved a Rs 4,730 crore investment from the Aditya Birla Group, signalling renewed promoter confidence. With funding support, easing AGR pressure and improved ratings, investor focus now shifts to execution, network expansion and the company’s long-term turnaround prospects.
Gold loses shine? ₹725 crore exits Gold ETFs - Should mutual fund investors be worried?
Gold ETFs experienced a net outflow of ₹725 crore in May, marking the first month of redemptions after 13 months of inflows. Despite this, experts suggest the market sentiment towards gold remains intact, viewing the trend as a result of profit booking. Silver ETFs also faced continued outflows.
Silver may fall to $58 - $54 in short term, cautions analyst at Mirae Asset
According to Praveen Singh, head of commodities at Mirae Asset Sharekhan, silver is expected to continue to remain under pressure unless a US-Iran deal is formally announced
Gold, Silver rates today: MCX gold price jumps above ₹1.5 lakh, silver rate up over 1% amid US-Iran peace deal hopes
Gold, Silver rates today: Gold prices fell in the international market and were on track for a weekly loss, weighed down by concerns around inflation and potential US Federal Reserve interest rate hikes.
Gold Price Today: MCX Gold Jumps Over Rs 1.48 Lakh Mark After Trump Claims 'Great Settlement' With Iran
MCX gold July futures contract advanced 0.97% to Rs 1,48,550 per 10 grams, while the MCX silver July futures surged 1.54% to Rs 2,43,347 per kg.