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MF equity investments double in November to Rs 43,465 crore
Mutual funds sharply increased their equity purchases in November, riding on a steady rise in investor inflows and improving market sentiment.
According to data sourced from SEBI, MFs invested a net Rs 43,465 crore in equities last month -- more... 
5 top companies add over Rs 72,000 crore in market value last week
Mumbai: The combined market valuation of five of India's 10 most valuable companies increased by Rs 72,284.74 crore last week, even as the overall market remained largely flat.
Tata Consultancy Services (TCS) and Infosys emerged as the biggest gainers during... 
Jan Dhan accounts now hold Rs 2.75 lakh crore
India’s financial inclusion drive has reached a major milestone, with Jan Dhan accounts across the country now holding a total balance of about Rs 2.75 lakh crore.
This works out to an average of Rs 4,815 in each account, according... 
GST cuts slash farming costs, boost use of micronutrients, bio-pesticides, modern irrigation tools
The government’s recent decision to cut GST rates on a range of farm-related products is expected to reduce costs for small and marginal farmers and help them adopt better agricultural practices, Fertiliser Minister JP Nadda has told Parliament.
Nadda said... 
Deepinder Goyal unveils teaser of ‘Temple’, a brain-flow device
Deepinder Goyal, founder and CEO of Zomato’s parent company Eternal, on Sunday shared a first look at his new product, a brain blood flow monitoring device called ‘Temple’.
He posted a short teaser on Instagram with the caption “Getting there,”... 
IndiGo has refunded Rs 610 crore to flyers so far for cancelled flights: Govt
Low-cost carrier IndiGo has so far processed refunds totalling Rs 610 crore after the government issued strict directives to the airline requiring that all refunds to passengers for cancelled or severely delayed flights be completed by 8 p.m. on Sunday,... 
India’s export policy sends positive signal to trading partners in Southeast Asia: Report
The government’s approval of a Rs 45,000 crore ($5 billion) export support package has sent a positive signal that India is ready to deepen its engagement with fast-growing markets, especially across Southeast Asia, according to an article in the Vietnam... 
India's EPC sector hiring surges 51 per cent in 5 years
India’s Engineering, Procurement and Construction sector has seen a surge in hiring by 51 per cent since 2020, acquiring 2,27,000 professionals in the last four quarters, a report said on Saturday.
The report from HR solutions firm CIEL HR, showed... 
RBI decisions to help sustain economic momentum, safeguard price stability: SBI Chairman
The Reserve Bank of India's (RBI) decisions in the recent monetary policy meeting delivered a clear and confident message that the Indian economy remains on a strong footing, with robust growth accompanied by comfortably low inflation, CS Setty, Chairman at... 
Biocon to fully integrate Biologics unit in $5.5 bn deal
Bengaluru: Biopharmaceuticals company Biocon on Saturday announced to fully integrate its biosimilar unit Biocon Biologics as a wholly owned subsidiary in a $5.5 billion deal.
The company, in a statement, noted that it will acquire the remaining stake in Biocon... 
Home loan rates expected to fall to pandemic lows after RBI repo rate cut
New Delhi: As the Reserve Bank of India’s (RBI) monetary policy committee cut the repo rate by 25 basis points to 5.25 per cent, home loan rates are poised to fall to levels last seen during the Covid-19 pandemic.
Borrowers... 
RBI repo rate cut to ease borrowing, boost exports: Industry chambers
The Reserve Bank of India’s (RBI) decision to cut the repo rate by 25 basis points to 5.25 per cent is a timely, confidence‑building measure that will lower borrowing costs, support growth and exports, industry chambers said on Friday.
The... 
