New Delhi, Aug 11 (IANS) Systematic Investment Plan (SIP) contributions climbed to an all-time high of Rs 28,464 crore in July, data from the Association of Mutual Funds in India (AMFI) showed on Monday. This is the second consecutive month of record SIP inflows, following the Rs 27,000-crore mark breached in June.
New Delhi, Aug 11 (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday said that the minimum balance limit for saving accounts will be decided by banks as the decision does not fall under any regulatory jurisdiction, after India’s second largest lender ICICI Bank raised the monthly minimum average balance requirement for all customer segments.
New Delhi, Aug 11 (IANS) Equity-oriented mutual funds saw net inflows of Rs 42,702 crore in the month of July, up 81 per cent from Rs 23,587 crore in June, the Association of Mutual Funds in India (AMFI) data showed on Monday.
New Delhi, Aug 11 (IANS) Union Finance Minister Nirmala Sitharaman on Monday introduced a revised version of the Income Tax Bill, 2025, incorporating most of the recommendations made by the Parliamentary Select Committee headed by BJP leader Baijayant Panda, in the Lok Sabha amid Opposition uproar.
New Delhi, Aug 11 (IANS) The demands placed on modern smartphones are higher than ever before, pushing them far beyond their original role as simple communication tools.
New Delhi, Aug 11 (IANS) US President Donald Trump has announced a new agreement for joint development of Pakistan’s oil reserves, hailing it as a “significant beginning” to a long-term energy partnership. However, in the end, the US may find itself investing in a partnership that yields little energy, less loyalty, and a great deal of geopolitical turbulence, according to an article posted on 'Directus', an online platform based in Greece.
New Delhi, Aug 11 (IANS) The life insurance industry reported “satisfactory” business growth with 10 per cent retail annual premium equivalent (APE) growth in July 2025, a report said on Monday.
New Delhi, Aug 11 (IANS) The government’s financial inclusion schemes -- from Pradhan Mantri Jan Dhan Yojana (PMJDY) to MUDRA and the quintessential UPI-based digital payments -- are shifting India’s growth story from being metro-centric to truly national, according to a report on Monday.
New Delhi, Aug 11 (IANS) Union Finance Minister Nirmala Sitharaman was all set to introduce revised Income Tax Bill 2025 in the Lok Sabha on Monday.
Mumbai, Aug 11 (IANS) Indian benchmark indices began the week higher on Monday, led by gains in the PSU bank stocks. The BSE Sensex advanced 122 points or 0.15 per cent to 79,980 while the Nifty 50 inched up to 24,405, up 42 points or 0.17 per cent. The Nifty Bank rose 0.34 per cent to 55,194.
