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The latest Association of Mutual Funds of India (AMFI) numbers show an extraordinary spike in equity mutual fund inflows of up to ₹34,697 crore in May 2024. This spike represents an 83.42 per cent gain over the previous month, setting a new industry high.

Ahead of L&G's capital markets day today (12 June), the group shared plans to merge LGIM and the alternative assets platform Legal & General Capital as a «unified, global, public and private markets asset manager». A global search to replace Scrimgeour, who has held the role of CEO at LGIM for five years, has started. However, she will continue as CEO of the legal entity, LGIM (Holdings) Limited, until an appointment is made. She will also lead the transition and establishment of the new division with L&G Capital chief Laura Mason, who has been appointed CEO of private markets. Both w...

In Wednesday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached that whether the stock has seen a buildup of a fresh long position or not. When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.

There is a life lesson to be had in the growth of Chinese bamboo. The tree takes about five years to sprout. But once it does, it has a growth spurt, rising to even 80 feet in just a few weeks. That is what has been happening with SME IPOs in the recent past.

Mint delves deeper into the challenges the Telegu Desam Party (TDP) leader faces this time around. It was massive. TDP won 135 of the 144 seats it contested for the 175-member state assembly.

Nvidia's recent performance, which saw its shares surpass $1,000 after a 10-for-1 stock split, marking an all-time high.Also Read | Wall Street’s favorite recession indicator is in a slump of its own"In 1925 to ‘29, it was a natural bubble. There was no stimulus behind that, artificial stimulus per se. So this is new.

Modi 3.0: After the portfolio allocation in Modi cabinet 2024, the market is expecting the power theme to work in the Indian stock market in the next five years. As Anil Ambanni's Reliance Power share price has been skyrocketing for the last five straight sessions, some observers are guessing whether Anil Ambani's Reliance Power shares would emerge as market leader in Modi 3.0. They are upbeat about Anil Ambani's Reliance Power shares as the company has become entirely debt-free.

«The next important signpost, of course, for the market would be the 100-day plan and of course the budget which will show us the way forward. But I think all indications are that it will be more of a continuation with the sector leadership remaining the same rather than anything materially different,» says Trideep Bhattacharya, CIO-Equities, Edelweiss MF. Market also had a very quick and sharp haircut on Tuesday, but then rebound equally sharply, barely giving anybody to deploy extra capital which was sitting on the side. I want to understand from you that the way messages from the government side of continuity and all the five most strategic and core kind of ministries were retained by BJP, so there was no compulsion of a coalition kind of politics displayed when the portfolio allocation was happening. Is market really taking heart because market up till now has really liked the work done by our external affairs ministry, finance ministry, even oil and gas for that matter, on various stuff? I would say that the results of elections this time have been sensible rather than sensational and that is the direction of a policy direction going forward as well.

Canadian holding company Tiny Ltd. plunged 16 per cent on Monday afterits founders stepped down as co-chief executives and one of them said he’d sell millions of shares.

Mint explains why: Organized retail space completion will see a significant surge and add nearly 45 million sq. ft between 2024 and 2028-end in the top seven cities. The new addition of space will happen through 88 new retail developments, including shopping malls and large, integrated retail-led projects, according to estimates by JLL India.

The House of Commons voted Tuesday to approve the Liberal government’scapital gains tax changes despite the Conservatives opposing the measure.

A meme coin trader recently demonstrated the potential for remarkable gains in the cryptocurrency market, turning an initial investment of $6,758 into a staggering $4.2 million in less than four months. This incredible 621x return was achieved by strategically trading the Kensu meme coin.

Amazon is adding $1.4 billion to a fund it established three years ago for preserving or building more affordable housing in regions where the company has major corporate offices

Manoj Pande nears end, the Centre has appointed Lt Gen Upendra Dwivedi, PVSM, AVSM, presently serving as Vice Chief of the Army Staff, as the next Chief of the Army Staff with effect from the afternoon of June 30, 2024.

Pentagon study that ranges across a period of five years, it has been observed that US soldiers are nine times more likely to die through self-harm or by committing suicide than by enemy combat. The study, that ended in 2019, has been published by thee Defense Health Agency in May, and according to a USA Today report, suicide was the leading cause of death in serving soldiers during the time period as compared to combat deaths. Suicide related deaths between 2014-2019 were a whopping 883 while the combat deaths reported were as low as 96. Accidents (814) were another leading cause of death for soldiers, but still less than suicide.

Pradeep Pandya, who was anchoring stock market shows on a television channel, and seven other entities from securities market for five years and imposed a fine of Rs 2.6 crore collectively for indulging in fraudulent trading activities. Apart from Pandya, others banned by Sebi are Alpesh Furiya, Manish Furiya, Alpa Furiya, Alpesh Vasanji Furiya HUF, Manish V Furiya HUF, Mahan Investment and Toshee Trade. Pandya was the host/co-host of various shows at CNBC Awaaz till August 2021, while Alpesh Furiya appeared on the television channel as a guest/external expert and gave stock recommendations on his Twitter handle.

FBI) is attempting to track down 500 serial killers who are truckers across various states. The law enforcement agencies believe that more than 1000 victims have been brutally murdered by serial killers who are long haul truck drivers. Recent investigation into these killings have revealed some shocking news which is bound to send a shiver down the spine of anyone. This has been reported by the Daily Mail.

“Buy now, pay later” services are a popular way that shoppers pay for goods

Arjun Ram Meghwal on Tuesday said the implementation of a uniform civil code was part of the government's agenda. He also said a solution will be found on the issue of memorandum of procedure — a set of documents on the appointment, elevation and transfer of high court and Supreme Court judges — pending finalisation.

ministers in the third Narendra Modi government have criminal cases against them with 19 of them facing serious charges such as attempted murder, crimes against women and hate speech, poll rights body Association of Democratic Reforms (ADR) said. Among the ministers facing the most severe allegations, two have declared cases related to attempt to murder under Indian Penal Code section 307.

NEW DELHI:Law and justice minister Arjun Ram Meghwal began a review of the litigation system in India to collate stakeholder opinions and reduce pendency of government lawsuits under a new National Litigation Policy as his first task after taking office on Tuesday.He told the media the three new criminal laws would be enforced on 1 July as planned, and that his ministry would focus on arbitration to increase ease of doing business.Meghwal is one of five ministers of state with independent charge in Prime minister Narendra Modi's new Cabinet, and makes a comeback to the ministry of law and justice for his second stint. Meghwal met senior officials in the department of legal affairs, the legislative department, and the department of justice after he addressed the media about the law ministry's plan for the first 100 days after coming into power.Also Read: Modi 3.0 Cabinet: From Amit Shah, Nirmala Sitharaman, Jaishankar to Rajnath Singh – 10 ministers who retained portfoliosThe law minister said he had signed a policy paper on the long-awaited National Litigation Policy, which would include the opinions of all stakeholders including litigators and litigants.The policy would address issues of litigants such as high legal costs, lack of access to legal appeals, and pendency of lawsuits in courts.