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Mumbai, August 4, 2025: As of June 2025, as per industry data the Indian mutual fund (MF) industry stands at an AUM of ₹74.40 lakh crore, marking more than a sevenfold growth over the past decade. Equity commands the largest share at 59.94%, followed by debt at 26.53%, hybrid at 8.28%, and other categories accounting for 5.26%. A key development in the industry has been the steady rise of passive investing, which now accounts for approximately 17% of total AUM. While active funds continue to do ...Read More >
Indian real estate developers are strategically reducing debt and favoring equity, leading to healthier balance sheets. Colliers reports a significant drop in high debt-to-equity ratios among top firms. This shift boosts profitability, with many firms exceeding 10% net profit margins. Increased financial health attracts banks and equity investors, evidenced by substantial IPO fundraising since 2021. Property developers are sharpening their focus on deleveraging, creating healthy balance sheets, ...Read More >

NEW DELHI: Volvo, the Swedish luxury carmaker on Friday said it plans to bring the new Volvo EX30 SUV, the entry level luxury electric car, during the forthcoming festive season, to boost electric penetration in the world's third largest car market. "In the last six months the electric car market in India has grown about 4.5 per cent in the mass car market while the luxury car market rose to 9 per cent. We want to accelerate this growth by bringing our new Volvo EX30 electric car during the fes ...Read More >
Lucknow: As many as 21 out of 23 cooperative sugar mills managed to make 100% cane price payment, underlining the state govt's aggressive push for timely payments to farmers.Data show that the 23 cooperative sugar mills had to make a total cane due payment of Rs 2,730 crore, of which Rs 2,669 crore - around 97.78% of the total - has been paid.The apparent high level of compliance among cooperative mills is significant, considering that this segment has historically struggled with liquidity issue ...Read More >

New Delhi, Jul 19 (PTI) Delhi Chief Minister Rekha Gupta celebrated her 51st birthday in her ancestral village, Nandgarh, in neighbouring Haryana on Saturday. Prime Minister Narendra Modi and other top Union ministers and BJP leaders greeted Gupta, born on July 19, 1974, on her first birthday after becoming the chief minister in February. "Best wishes to Delhi Chief Minister, Smt. Rekha Gupta ji, on her birthday. Rising through the ranks, she has always remained active in serving Delhi. As Chi ...Read More >

Bengaluru - CEAT Limited (CIN No: L25100MH1958PLC011041), an RPG Group company, today announced its unaudited results for the first quarter ended 30th June, 2025. On a consolidated basis, the Company's revenue closed at Rs. 3,529.4 crore, an increase of 10.5% Y-o-Y, EBITDA margin stood at 10.9%. Net profit stood at Rs. 112.3 crore. Commenting on the results as well as the outlook of the business, Mr. Arnab Banerjee, MD & CEO, CEAT Limited, said, "We continue to grow at a strong pace with double ...Read More >

New Delhi, Jul 18 (PTI) Delhi Art, Culture and Tourism Minister Kapil Mishra on Friday visited the Prime Ministers Museum and Library (PMML) at Teen Murti Marg, with singer and music director Himesh Reshammiya accompanying him. The museum, which showcases the lives and contributions of India's former prime ministers, features 14 high-tech galleries equipped with interactive and immersive exhibits, including a 6D helicopter ride, virtual photo booths, a handwriting robot, a time machine and a ki ...Read More >

Mumbai: Reliance Industries Ltd, India's most valuable company, beat estimates to post a sharp growth in revenue and profit for the April-June quarter, on the back of better earnings from telecommunications and retail even as weakness persisted in its crude-based businesses. A significant one-time gain from its divestment from Asian Paints also padded up the bottomline. Commissioning of manufacturing plants in Reliance's new energy business -- on which hinges its growth over the next decade -- ...Read More >
ET Intelligence Group: Wipro's June quarter performance was better than the muted expectations of analysts. The company continued to report traction in new deals helped by the sustained business momentum in the recently acquired entities. While the management stated that uncertainty in the global business environment persisted, it also highlighted that the new deal wins consisted of some of the contracts that resulted from vendor consolidation, reflecting its competitive offerings. In addition, ...Read More >

New Delhi: Technology services and consulting company Wipro on Thursday announced financial results for the quarter ended June 30, 2025. The company reported gross revenue at Rs 221.3 billion (USD 2,581.6 million), a decrease of 1.6 per cent quarter-on-quarter and an increase of 0.8 per cent year-on-year. The IT services segment revenue was at USD 2,587.4 million, a decrease of 0.3 per cent QoQ and 1.5 per cent YoY. The IT services operating margin for the quarter was at 17.3 per cent, a contra ...Read More >

New Delhi, Jul 17 (PTI) The third season of the Oriental Cup, a school football tournament in the national capital, will be held from July 21-29, the organisers said on Thursday. Started by student-athlete Fareed Bakshi, the tournament will take place at the Ambedkar Stadium, bringing together 36 teams from schools across Delhi. Also Read | Which Team Ben Stokes Is Part of in The Hundred 2025? Here's the Franchise England Test Captain Will Play For in 100-Ball Competition. There will be 24 te ...Read More >

Bengaluru (Karnataka) [India], July 17 (ANI): Technology services and consulting company Wipro on Thursday announced financial results for the quarter ended June 30, 2025. The company reported gross revenue at Rs 221.3 billion (USD 2,581.6 million), a decrease of 1.6 per cent quarter-on-quarter and an increase of 0.8 per cent year-on-year. The IT services segment revenue was at USD 2,587.4 million, a decrease of 0.3 per cent QoQ and 1.5 per cent YoY. The IT services operating margin for the qu ...Read More >

Bengaluru (Karnataka) [India], July 17 (ANI): Technology services and consulting company Wipro on Thursday announced financial results for the quarter ended June 30, 2025. The company reported gross revenue at Rs 221.3 billion (USD 2,581.6 million), a decrease of 1.6 per cent quarter-on-quarter and an increase of 0.8 per cent year-on-year. The IT services segment revenue was at USD 2,587.4 million, a decrease of 0.3 per cent QoQ and 1.5 per cent YoY. Also Read | 'I Know What You Did Last Summe ...Read More >

Mumbai (Maharashtra) [India], May 4 : Ad Enterprises on Thursday posted a 137 per cent jump in its profit after tax to Rs 722 crore for the quarter ended March 31, 2023, against Rs 304.34 crore in the year-ago period. The total income of the Ad Group's flagship firm went up 26 per cent to Rs 31,716 crore during the reviewed quarter whereas its Ebitda surged 157 per cent to Rs 3,957 crore in the March quarter over the figure of the previous year's quarter. The firm added that this jump in Ebitda ...Read More >

New Delhi [India], July 13 (ANI): India's tax administration has undergone a dramatic transformation over the past decade, with taxpayer refunds growing at nearly double the pace of tax collections, Ministry of Finance sources told ANI. The numbers paint a striking picture of administrative efficiency gains. Between 2013-14 and 2024-25, refunds issued to taxpayers have skyrocketed by 474 per cent, rising from Rs 83,008 crores to Rs 4,76,743 crores. This growth significantly outpaces the 274 pe ...Read More >

New Delhi: India's tax administration has undergone a dramatic transformation over the past decade, with taxpayer refunds growing at nearly twice the pace of tax collections, sources from the Ministry of Finance told ANI. The data highlights significant gains in administrative efficiency. Between FY 2013-14 and FY 2024-25, refunds issued to taxpayers surged by 474%, rising from ₹83,008 crore to ₹4,76,743 crore. This increase far outpaces the 274% growth in gross direct tax collections during th ...Read More >

New Delhi, Jul 13 (PTI) India's biggest real estate firm DLF's Chairman Rajiv Singh's remuneration rose 34 per cent annually to Rs 36.65 crore in the last fiscal, following better performance of the company, according to its latest annual report. As per the list of remuneration paid/payable to directors/KMPs (key managerial personnel) during 2024-25, the DLF's Chairman and whole-time director has received Rs 36.65 crore as remuneration for the last fiscal against Rs 27.30 crore in the preceding ...Read More >

New Delhi, Jul 13 (PTI) India's biggest real estate firm DLF's Chairman Rajiv Singh's remuneration rose 34 per cent annually to ₹36.65 crore in the last fiscal, following better performance of the company, according to its latest annual report. As per the list of remuneration paid/payable to directors/KMPs (key managerial personnel) during 2024-25, the DLF's Chairman and whole-time director has received ₹36.65 crore as remuneration for the last fiscal against ₹27.30 crore in the preceding finan ...Read More >

New Delhi [India], July 11: A business loan can help fund daily operations, growth plans, or asset purchases for new or established businesses. Lenders assess eligibility based on business age, credit score, financials, and documentation. Strong credit history, stable income, and proper documentation increase your chances of loan approval. Understanding these requirements helps you prepare effectively for a business loan and avoid rejections. This article explains the key criteria Indian lenders ...Read More >

VMPL New Delhi [India], July 11: A business loan can help fund daily operations, growth plans, or asset purchases for new or established businesses. Lenders assess eligibility based on business age, credit score, financials, and documentation. Strong credit history, stable income, and proper documentation increase your chances of loan approval. Understanding these requirements helps you prepare effectively for a business loan and avoid rejections. This article explains the key criteria Indian l ...Read More >

VMPL New Delhi [India], July 11: Owning a home is a dream for many families, as it represents security and long-term stability. A home loan often helps to fulfil this dream by providing financial support to purchase property. A home loan is a financial product that helps an individual to purchase residential property by borrowing funds from a lender. Understanding the potential benefits of a home loan may allow an individual to make better decisions. This article details out some key benefits o ...Read More >
Gandhinagar: In households in Gujarat's cities, cereals may take up less space in the grocery bill, but they still dominate the dinner plate. A new Union govt report shows that cereals, while accounting for just 3.8% of household spending, supply 35% of total calorie intake in cities. In villages, their role is even more dominant, making up 43% of calorie consumption while accounting for 4.5% of total spending.Cereals also account for a major portion of protein intake for people in Gujarat.These ...Read More >
MUMBAI: IPL, cricket's annual showpiece event, has seen its business value jump 13% in a year to $18.5 billion - nearly Rs 1.6 lakh crore. At the same time, its brand value has risen 14% to nearly $4 billion (about Rs 33,000 crore), a report by NYSE-listed investment bank Houlihan Lokey, which has valued several sports franchises around the world, showed.The year also saw 2025 IPL winner Royal Challengers Bengaluru taking the top slot in terms of brand value among the 10 teams that compete in th ...Read More >

Mumbai: Tata Sons chairman N. Chandrasekaran has set a new goal for Tata Steel Ltd chief executive and managing director T.V. Narendran: to deliver net profit from the company's UK operations in the current fiscal year. Addressing shareholders at Tata Steel's annual general meeting on Wednesday, Chandrasekaran, who also chairs the steelmaker, said the aim was for the UK operations to achieve net profitability this fiscal year. "I feel that UK should be PAT (profit after tax) positive, so the c ...Read More >

Jamshedpur, July 2: Tata Steel held its 118th Annual General Meeting (AGM) on July 2, where the company's Chairman addressed shareholders with a comprehensive overview of the company's performance, challenges, and strategic direction. The meeting opened on a solemn note, acknowledging recent losses within the Tata Group and paying tribute to significant figures whose contributions shaped the company. "There is a lot to talk about today," said the Chairman. "But I must begin by acknowledging the ...Read More >

Mumbai (Maharashtra) [India], July 2 (ANI): The buoyancy in real estate sector sales is expected to remain strong, supported by a combination of key growth drivers which include aggressive business development targets, an uptick in project launches fueled by improved cash flows, and a stabilization in interest rates, according to a report by Nuvama. Additionally, the ongoing diversification strategies and increasing market share are bolstering sector confidence. A favorable macroeconomic backdr ...Read More >

New Delhi: Starting July 2025, goods and services tax or GST compliance will undergo a shift with two key changes -- locking of GSTR-3B forms and a three-year deadline for filing returns. These changes, introduced by the GST Council, aim to improve accuracy and transparency in return filing, while reducing mismatches and fraudulent claims. The move is aimed at ensuring consistency between GSTR-1 (which records outward supplies) and GSTR-3B (used to pay tax), reducing revenue leakages due to mism ...Read More >

New Delhi, Jun 30 (PTI) The GST Council, comprising finance ministers from the Centre and states, should simplify compliance, reduce tax slabs to three, and broaden the base by bringing petroleum products under GST, a PwC India report said on Monday. Goods and Services Tax (GST), launched on July 1, 2017, completes eight years on Monday. GST subsumed about 17 local taxes and 13 cesses into a five-tier structure, simplifying the tax regime. Over the last 8 years, the average monthly GST collect ...Read More >

Mumbai, Jun 27 (PTI) Sugar output is likely to increase by 15 per cent in sugar season 2025-26 to about 35 million tonnes on a favourable monsoon, a report said on Friday. India's gross sugar production is likely to rise 15 per cent in sugar season 2026 to about 35 million tonnes, aided by above-average monsoon, boosting cane acreage and yields in key sugar-producing states like Maharashtra and Karnataka, Crisil Ratings said in the report. The growth is expected to ease tightness in the domest ...Read More >

New Delhi, Jun 5 (PTI) Fintech firm BimaPay Finsure on Thursday said it has entered into corporate insurance financing and aims for Rs 20 crore in premiums in 2025-26. Launching the pilot phase with insurance partners, BimaPay said the initiative will allow businesses to pay premiums in easy equated monthly instalments (EMIs) instead of bearing the burden of full upfront costs. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, Here's All About BJD Leader With Whom M ...Read More >
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