Mansi Agarwal
India's mutual fund industry saw a record ₹26,632 crore worth of inflows via systematic investment plans (SIPs) in April, as per the Association of Mutual Funds in India (AMFI) data. SIP inflows rose roughly 3% compared to ₹25,926 crore in March. The number of new SIPs registered stood at 46.01 lakh, higher than 40.19 lakh in the preceding month.
May 11th, 2025
Mansi Agarwal
Foreign portfolio investors (FPIs) have infused ₹14,167 crore in India's equity market in May so far, as per the latest NSDL data. The investment came despite the tensions between India and Pakistan, as positive global cues and strong domestic fundamentals boosted investor sentiment. FPIs invested ₹4,223 crore in Indian equities last month.
May 11th, 2025
Bhawana Chaudhary
The Central government on Saturday terminated services of retired Gujarat-cadre IAS officer Rameshwar Prasad Gupta from the post of Chairman and Managing Director of Solar Energy Corporation of India (SECI). This comes just weeks before his tenure was scheduled to end in June. Notably, during Gupta's tenure, SECI barred Reliance Power from participating in tenders for renewable energy projects.
May 11th, 2025
Foreign investors have invested over ₹14,000 crore in the country's equity market in May so far amid a blend of favourable global cues and robust domestic economy fundamentals. According to the depository data, Foreign Portfolio Investors (FPIs) made a net investment of ₹14,167 crore (till May 9) in equities since the beginning of this month.
May 11th, 2025
Bhawana Chaudhary
Eight of India's ten most valuable companies collectively lost ₹1.60 lakh crore in market value last week. Reliance Industries took the biggest hit after its valuation plunged by ₹59,799.34 crore to ₹18.64 lakh crore. The other firms include ICICI Bank, HDFC Bank, State Bank of India, Bajaj Finance, ITC, Bharti Airtel and Tata Consultancy Services (TCS).
May 11th, 2025
Motorists will soon zip between Kochi and Thiruvananthapuram in just 2.5 hours, thanks to the NH-66 widening project. Spanning 644 km from Kasaragod to Thiruvananthapuram, the six-lane highway aims to eliminate signals and right turns, boosting speed and safety. With 60 percent work completed and 4 key stretches nearly ready, the project is expected to finish by January 2026.
May 11th, 2025
The UK-India Free Trade Agreement will simplify visa rules for Indian professionals in tech, R&D, and creative fields. With more work visas, lower social security contributions, and improved business mobility, the FTA opens new doors for Indian talent and service providers in the UK. Cultural and economic exchange between the two countries is set to strengthen further.
May 11th, 2025
To tackle growing congestion, Bengaluru will soon have a fourth railway terminal at Devanahalli. With existing stations overburdened by rising passenger numbers and train traffic, the new terminal aims to redistribute load, reduce delays, and improve operations. Strategically located on the city outskirts, it will play a key role in addressing future demand and enhancing rail network efficiency.
May 11th, 2025
Markets enter the week on a steadier note as the India-Pakistan ceasefire eases geopolitical tensions. Key triggers ahead include CPI and WPI inflation data, along with Q4 earnings from major companies like Tata Steel and Bharti Airtel. Strong FII and DII inflows last week signal underlying confidence, though sentiment remains sensitive to macro and diplomatic cues.
May 11th, 2025
The Ministry of Railways has launched a nationwide contest with a prize of ₹5 lakh for designing an innovative digital clock to be used at railway stations. Open to individuals, startups, and institutions, the competition promotes public participation and domestic innovation. Entries must be original, practical, and submitted through the official Indian Railways Innovation Portal.
May 11th, 2025
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