Sridhar Sivaram, Investment Director at Enam Holdings, believes investors should remain selective in financials, preferring non-banking financial companies (NBFCs) and housing finance companies over banks and insurance. He expects manufacturing to remain a long-term growth theme, while regulatory changes and structural shifts could continue to reshape the banking and insurance sectors. Sivaram said he is…
Equity mutual fund schemes attracted net inflows of ₹38,293.5 crore in September, up 30.6% from ₹29,315 crore in August, according to data from the Association of Mutual Funds in India (AMFI). The mutual fund industry’s total assets under management (AUM) stood at ₹82.64 lakh crore at the end of September, compared with ₹87.07 lakh crore…
MT Petro Dolphin (Image credit: X/MarineTanksInd) NEW DELHI: Two Indian seafarers are missing after a tanker carrying 11 Indian crew members came under a drone attack at Sohar Anchorage in Oman on Sunday, Union minister for ports, shipping and waterways Sarbananda Sonowal said. Nine crew members have been rescued and are safe, while search-and-rescue operations…
3 men allege torture at BJP MLA’s house in UP (File photo: PTI image) NEW DELHI: Police in Uttar Pradesh’s Moradabad are investigating allegations that three men were illegally confined and tortured at the residence of BJP MLA Sushant Singh over a missing gold bracelet belonging to the legislator’s son, PTI reported citing officials.The complainants…
George and Amal Clooney’s 425-acre Domaine du Canadel estate near Brignoles. Image Credit: LuxuryLaunches George Clooney and his wife, Amal Clooney, own a 425-acre estate in Provence, southern France, where vineyards, landscaped gardens and open countryside offer a quieter setting away from Hollywood. The property, known as Domaine du Canadel, has become an important part…
NEW DELHI: Sunil Bharti Mittal, Bharti Enterprises founder and chairman, has been named a Chevalier de l’Ordre national de la Légion d’Honneur (Knight of the National Order of the Legion of Honour) by French President Emmanuel Macron.Established in 1802 by Napoleon Bonaparte, the Légion d’Honneur is the highest civilian award bestowed by the French Republic….
Ahead of his Hollywood debut in Street Fighter, Vidyut Jammwal points out the big difference between the two industries and how Bollywood needs mindset change (Image Credits IMDb and Instagram) Vidyut Jammwal has opened up about the differences between Bollywood and Hollywood as he prepares to make his international debut with ‘Street Fighter’. After 15…
Sometimes, the memories that bring the greatest comfort are not about expensive holidays, big achievements or financial success. They are about a time when life felt simpler, responsibilities were fewer and someone else was there to take care of the essentials. For X user Sunderdeep, that period was his college life, when his father paid…
Auto stocks traded higher on Monday, October 12, with Tube Investments of India and Bajaj Auto leading gains in the Nifty Auto index. The gains come as global investment banking firm CLSA sees an attractive risk-reward opportunity in the sector after the index corrected around 17% over the past two months, despite robust retail demand…
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