BUSINESS
Equity Mutual Fund Inflows Remain Strong at ₹39,688 Crore in January: AMFI
While this marks a marginal decline from December’s ₹41,155.91 crore inflows (down 3.5%), it reflects investors’ continued faith in mutual funds amid market corrections. The dip in inflows coincided with the BSE Sensex falling by 1.28% and the Nifty declining 0.99% in January.
Mutual Fund SIP Inflows Surpass ₹26,000 Crore for Second Consecutive Month
The monthly systematic investment plan (SIP) contributions in January 2025 remained strong, surpassing the ₹26,000 crore mark for the second consecutive month.
India’s Net Direct Tax Collection Rises 15% to Surpass ₹17.78 Lakh Crore in 2024-25
The gross direct tax revenue also saw a significant rise, growing by 19.06% to surpass ₹21.88 lakh crore, up from ₹18.38 lakh crore in the corresponding period of 2023-24.
RBI to Infuse ₹2.5 Lakh Crore to Boost Liquidity in Banking System
According to the central bank, this amount was determined after assessing prevailing liquidity conditions in the financial system.
'Perfect Time to Invest in India': PM Modi Urges French Businesses to Expand
He highlighted India’s strong, business-friendly environment and consistent policy framework, making it an attractive destination for investment.
Gold Futures Reach Record High at Rs 86,360 per 10g
Gold contracts for April delivery rose to an all-time high of ₹85,680 per 10 grams in early trade on the Multi Commodity Exchange.
Stock Market Opens Lower After Trump Imposes Steep Tariffs on Steel and Aluminium
The move has sent shockwaves through global markets, impacting investor sentiment and raising concerns over trade tensions.
Trump Officially Imposes 25% Tariffs on All Steel and Aluminium Imports
Trump signed two proclamations concerning the sweeping tariffs, while expressing commitment to follow through on a plan to unveil "reciprocal" tariffs "over the next two days" -- duties on U.S. imports designed to match tariff rates that other countries impose on U.S. exports, according to Yonhap news agency.
JanDhan Accounts Cross 54.5 Crore by Jan 15, 57% Held by Women: Sitharaman
Talking to reporters on the eve of the 10th anniversary of the launch of the Pradhan Mantri Jan Dhan Yojana, Sitharaman said, “Our target is to open more than 3 crore PMJDY accounts during the current financial year.” She said that the PMJDY is one of the biggest financial inclusion initiatives in the world.
Govt’s Infra Spending Soars to ₹11 Lakh Crore in 2024 from ₹2 Lakh Crore in 2014: Scindia
Explaining the rationale of the budget, the Communications Minister told journalists that Prime Minister Narendra Modi considers the poor, farmers, women and youth as the only four castes in India and the Budget for 2025-26 focusses on empowering these four categories.
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