Investment through 2032 to cover Hyundai and Kia plants, R&D, local suppliers and new mobility businesses South Korean chaebol Hyundai Motor Group will invest $15.5 billion in India between 2026 and 2032, expanding manufacturing capacity at Hyundai Motor India Ltd and Kia India while strengthening research and development, local sourcing and future mobility businesses. The…
The inflow was higher than ₹29,329 crore recorded in August, according to data released by the Association of Mutual Funds in India (AMFI) on Monday Equity mutual fund schemes attracted a net inflow of ₹38,306 crore in September, rising 31 per cent from the preceding month, driven by strong investor interest in mid-cap and small-cap…
Gross direct tax collections grew 15.19% to ₹14.32 trillion a year earlier. Net corporate tax collections, after accounting for refunds, increased 19.48% New Delhi: Net direct tax collections rose 12.96% year-on-year to ₹12.12 trillion as of 17 September of fiscal year 2027, as per the income-tax department’s provisional data released on Friday. Gross direct tax…
Vedanta announced the demerger of its surplus real estate assets into a new entity, Vedanta Property Platforms Ltd (VPPL). Vedanta Ltd on Thursday reported a 71.84 per cent year-on-year (YoY) rise in consolidated net profit attributable to owners at Rs 5,473 crore for the quarter ended June 30, 2026 (Q1 FY27), compared with Rs…
Experts suggest that cash holdings should be viewed as a portfolio management tool rather than a buy-or-sell signal. A fund’s investment philosophy, portfolio quality, and long-term performance remain far more important than a single percentage shown in the monthly factsheet. A mutual fund primarily invests in stocks, bonds, or commodities, but not every rupee…
India’s defence production hit a record ₹1.78 lakh crore in FY26, driving share prices up for defence firms. The sector experienced 15.6% growth from FY25, with increased private sector contributions and strong export performance boosting confidence in the industry’s future. Shares of defence stocks witnessed strong buying interest on Wednesday after the government announced that…
A Bloomberg report said that the US and Iran are edging closer to signing an agreement to reopen the Strait of Hormuz as the Group of Seven world leaders are set to meet next week. Stock Market Today: Indian benchmark indices rallied on Friday, June 12, 2026, as easing geopolitical tensions lifted investor sentiment.…
The weekly options data also suggested that 24,000, where the maximum Put open interest is placed, is expected to be a key support in the short term, while 25,000, which has the maximum Call open interest, is likely to be a crucial hurdle on the higher side. This means the index may possibly trade in…
Geopolitical tensions between Israel and Iran have forced Indian airlines to cancel flights to the Middle East and parts of Europe, impacting up to 40% of Air India’s capacity. The conflict between Israel and Iran has impacted the Indian airline carriers’ capacities, as geopolitical tensions have caused cancellations of all flights to the area…
Gold ETF alone saw inflows worth ₹24,040 crore, which is nearly double of December’s ₹11,647 crore. Meanwhile, silver ETFs recorded a ₹9,463 crore inflow, highlighting the rising interest of investors in exchange-traded products that are not equities. Inflows into gold exchange-traded funds (ETFs) have surpassed the money channelled into equity mutual funds for the first…