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Specialised Investment Funds (SIFs), which offer differentiated strategies compared with plain-vanilla mutual funds, are gaining popularity among investors, with the industry reaching 95,000 folios as of July 31, 2026. WHAT IS THE DIFFERENCE BETWEEN AN EQUITY MUTUAL FUND AND AN EQUITY LONG-SHORT SIF? While an equity mutual fund is primarily a long-only product, an equity…
India, Canada aim to conclude CEPA trade pact by end-2026: MEA
New Delhi: India and Canada are working towards concluding negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) by the end of 2026, said the Ministry of External Affairs (MEA). In a written reply in the Rajya Sabha, minister of state for external affairs Kirti Vardhan Singh said on Friday that three rounds of CEPA…
Milky Mist Dairy Food shares slip 4% after sharp post-listing rally
Shares of Milky Mist Dairy Food came under mild profit-booking pressure on Thursday after gaining 42% over the previous two trading sessions following its much-awaited stock market debut. The stock slipped as much as 4.21% to an intraday low of Rs 191.25 on the NSE. However, the decline later moderated, with the shares trading broadly…
NSE pays Rs 715 crore to settle pending Rs 1,491-crore co-location case ahead of IPO
National Stock Exchange of India (NSE) on Friday said it has paid Rs 714.74 crore to Sebi after receiving the regulator’s in-principle approval to settle the long-pending colocation and dark fibre cases for Rs 1,491.21 crore. The latest payment, together with the Rs 776.47 crore already deposited by the NSE, completes the Rs 1,491.21-crore settlement…
Delhi Lakshmi Yojana: Here’s how to check status of your application online — Stepwise guide
Registrations for the Delhi Lakshmi Yojana will continue until all eligible women are covered under the scheme, according to Chief Minister Rekha Gupta. The financial aid programme for women is the largest such scheme and was launched by the Delhi government in the ongoing monsoon session of the state assembly, PTI reported. “Around 5.92 lakh…
India stocks top Indonesia as Asia’s least-favoured in BofA poll
India has replaced Indonesia as Asia’s least-preferred stock market in a survey of fund managers by Bank of America Corp., signalling growing caution toward a market that’s among the world’s worst performers this year. The lack of a clear AI exposure remains the key concern for Indian equities, with weak growth emerging as the next…