Wall Street kicked off the week on a strong note as a rally in technology and AI-linked stocks pushed the Nasdaq to a record closing high.A sharp rise in chip stocks, easing treasury yields and a drop in crude prices helped lift sentiment, while investors also watched developments around the Middle East and upcoming US-China…
Mutual funds industry hits record Rs 87 lakh crore AUM India’s mutual fund industry reached an all-time high of Rs 87.08 lakh crore in August 2026, adding more than Rs 11.9 lakh crore to its assets over the past year. Industry AUM rose 15.8 per cent year-on-year from Rs 75.19 lakh crore in August 2025….
With September’s outflows, FPIs have now pulled out nearly Rs 2.5 lakh crore from Indian equities so far in 2026. Indian equity benchmarks may have recovered from the lows they hit when the US-Iran conflict broke out but seven months after that the markets are still well below their record highs. Sensex and Nifty are…
Trump administration faces flak from critics over Belarus potash deal amid pressure on India over Russian energy TOI correspondent from Washington: Critics are calling out the Trump administration for hypocrisy and double standards after MAGA supremo Donald Trump announced a potash (fertiliser) deal on Monday with Belarus, a close ally of Moscow, days after he…
File photo: Civil aviation minister K Rammohan Naidu (PTI Photo) The government will not impose a cap on airfares during the upcoming festive season but will advise airlines to keep ticket prices at reasonable levels, civil aviation minister K Rammohan Naidu said on Tuesday.Speaking to reporters on the sidelines of the signing of pacts for…
The report identified several other factors that can contribute to severe corrosion India made the switch from ICF design to LHB coaches in 2003 when the first such German-technology coaches were imported. Since then it has increasingly indigenized the coaches and now manufactures only LHB passenger coaches apart from train sets.But, recently senior railway engineers…
Jewellers remain hopeful that the moderation in demand will prove temporary as the festive calendar progresses. A huge rise in gold prices from the same time last year has led to a drop in gold sales this Ganesh Chaturthi. Gold sales have declined by around 15% year-on-year in volume terms, with consumers either reducing the…
The discovery was made on September 18 at the MN-DW18-1-H-D well in the Mahanadi Offshore Basin. In a big breakthrough, Oil and Natural Gas Corp (ONGC) has discovered gas in a deepwater well off India’s eastern coast. The find is located close enough to Odisha and may potentially enable quicker development if further appraisal establishes…
The high court described the prosecution as “misconceived and misdirected”. (Image for representative purpose only) A man working in his wife’s shop faced a thirteen year criminal case for the sale of a cold drink above the maximum retail price. The Bombay High Court has now brought an end to a criminal case that had…
Indian benchmark indices ended the previous session in green, with Nifty 50 rising 67.90 points, or 0.29%, to 23,414.30, while BSE Sensex gained 564.03 points, or 0.76%, to close at 74,858.99. Easing crude oil prices, lower bond yields and hopes of diplomatic engagement supported investor sentiment. Geojit Investments’ head of research Vinod Nair said that…
