Sri Lankan exporters have expressed concern over a proposed 30 per cent tariff on goods entering the US, warning that the hike could severely impact key export sectors including apparel and rubber products.The Exporters Association of Sri Lanka (EASL) on Friday urged the government to step up negotiations with Washington ahead of the August 1 … Read more
Defence sector stocks came under pressure on Thursday as investors booked profits following a sharp three-month rally. The Nifty India Defence Index dropped 2%, lagging the broader Nifty which ended 0.5% lower.Out of the 18 stocks on the defence index, 16 closed in the red. Bharat Dynamics was the biggest loser, falling 4.8% to Rs … Read more
Addressing critics of India’s Russian oil imports, Puri noted that certain commentators make unwarranted criticisms of Indian policies. (AI image) India’s ongoing crude oil imports from Russia have contributed to global energy price stability, according to Petroleum and Natural Gas Minister Hardeep Puri. He has said that discontinuing Russian oil trade would have caused crude … Read more
Investor appetite for gold-backed mutual funds surged in June, with Gold Exchange Traded Funds (ETFs) attracting net inflows of Rs 2,081 crore, the highest in five months, amid resilient gold prices, market volatility, and geopolitical tensions.According to data from the Association of Mutual Funds in India (Amfi), the June inflows mark a sharp jump from … Read more
MUMBAI: After a few months of flat growth in inflows by retail investors through SIPs in mutual fund schemes, the northward movement is back. In June, gross inflows through SIPs in MFs – an investment segment within the MF industry that is dominated almost entirely by retail investors – touched a new all-time peak at … Read more
Monthly investments through systematic investment plans (SIPs) surged to a new peak of Rs 27,269 crore in June 2025, up 2% from Rs 26,688 crore in May, crossing the Rs 27,000 crore mark for the first time, according to fresh data from AMFI.The SIP assets under management (AUM) rose to Rs 15.30 lakh crore in … Read more