Business News: Economy & Markets

Indian mutual fund industry's AUM rises 12 pc to Rs 73.73 lakh crore in FY26

IANS | April 13, 2026 11:22 AM

Mumbai, April 13 (IANS) The domestic mutual fund industry closed FY26 with assets under management (AUM) rising 12.2 per cent to Rs 73.73 lakh crore, adding Rs 8 lakh crore to its asset base over the year as sustained equity market volatility weighed on overall growth, according to latest data released by the Association of Mutual Funds in India (AMFI).

Gold, silver trade lower as US Hormuz blockade rattles markets

IANS | April 13, 2026 10:42 AM

Mumbai, April 13 (IANS) Gold and silver prices on Monday traded under pressure, with the precious metals witnessing a decline of up to 2 per cent after the US announced a blockade of the Strait of Hormuz.

Crude oil prices surge nearly 10 pc to cross $100 as US moves to block Hormuz

IANS | April 13, 2026 10:03 AM

Mumbai, April 13 (IANS) International crude oil prices surged on Monday, climbing nearly 10 per cent and crossing the $100 per barrel mark, following the US Navy’s move to blockade the Strait of Hormuz amid stalled peace talks.

Indian stock markets slump 2 pc amid fresh jitters as US-Iran talks fail

IANS | April 13, 2026 9:35 AM

Mumbai, April 13 (IANS) Domestic equity benchmarks traded sharply lower on Monday, declining around 2 per cent each amid weak global cues after the US and Iran failed to make progress on peace talks.

IMF warns of global shock from Iran war

IANS | April 12, 2026 9:50 PM

Washington, April 12 (IANS) The head of the International Monetary Fund has warned that the Iran war has triggered a “large” global economic shock, disrupting energy supplies and pushing up prices worldwide, with the impact expected to linger well into next year.

All Indian seafarers in Gulf and West Asia region safe, over 2,084 repatriated: Centre

IANS | April 12, 2026 8:20 PM

New Delhi, April 12 (IANS) All Indian seafarers in the Gulf and West Asia region are safe and no incident involving Indian-flagged vessels has been reported in the past 24 hours, the government said on Sunday.

Poverty in Pakistan far higher than official data, touches 43.5 pc: Report

IANS | April 12, 2026 7:19 PM

New Delhi, April 12 (IANS) Pakistan is facing renewed concerns over rising poverty levels, with fresh estimates by the Social Policy and Development Centre (SPDC) suggesting that the country’s poverty rate has climbed to 43.5 per cent, a report has said.

Pakistan inflation hits 74-week high at 12.15 pc: Report

IANS | April 12, 2026 5:46 PM

New Delhi, April 12 (IANS) Pakistan is once again grappling with rising inflation as escalating tensions in the Middle East, particularly the Israel-US conflict with Iran, begin to ripple through its economy, a report has said.

Rs 1.53 lakh crore booster shot fast-tracks growth in Indian Railways

IANS | April 12, 2026 5:37 PM

New Delhi, April 12 (IANS) Indian Railways is headed for a transformative expansion with the government having approved a total investment of Rs 1.53 lakh crore across 100 new projects in 2025-26 covering more than 6,000 kilometres of railway network, the Ministry of Railways said on Sunday.

Bangladesh records lowest level of growth in economic units since 1996

IANS | April 12, 2026 5:28 PM

New Delhi, April 12 (IANS) Bangladesh recorded 1.17 crore economic units in 2024, marking the lowest growth since 1996, according to a report in the local media.

Business

Indian mutual fund industry's AUM rises 12 pc to Rs 73.73 lakh crore in FY26

Gold, silver trade lower as US Hormuz blockade rattles markets

Crude oil prices surge nearly 10 pc to cross $100 as US moves to block Hormuz

Indian stock markets slump 2 pc amid fresh jitters as US-Iran talks fail

IMF warns of global shock from Iran war

All Indian seafarers in Gulf and West Asia region safe, over 2,084 repatriated: Centre

Poverty in Pakistan far higher than official data, touches 43.5 pc: Report

Pakistan inflation hits 74-week high at 12.15 pc: Report

Rs 1.53 lakh crore booster shot fast-tracks growth in Indian Railways

Bangladesh records lowest level of growth in economic units since 1996

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