Value of gold with India’s households surges to $3.8 trillion as prices soar

IANS | October 10, 2025 4:27 PM

New Delhi, Oct 10 (IANS) India's household wealth held in gold is estimated at 34,600 tonnes, worth around estimated at $3.8 trillion or 88.8 per cent of GDP. This is providing a positive wealth effect on the household balance sheet, with gold prices scaling new highs, according to a Morgan Stanley report released on Friday.

Mutual fund SIP inflows rise 4 pc to Rs 29,361 crore in September

IANS | October 10, 2025 2:29 PM

New Delhi, Oct 10 (IANS) Mutual fund systematic investment plan (SIP) inflows in India rose in September, with investors putting in Rs 29,361 crore, a 4 per cent increase from Rs 28,265 crore in August, according to data released by the Association of Mutual Funds in India (AMFI) on Friday.