MFs deployed over Rs 8,800 crore in 18 IPOs in August: ESDS Software Solution, Molbio Diagnostics and more
MFs deployed over Rs 8,800 crore in 18 IPOs in August: ESDS Software Solution, Molbio Diagnostics and more
MFs deployed over Rs 8,800 crore in 18 IPOs in August: ESDS Software Solution, Molbio Diagnostics and more
Crypto adoption expanded across India in Q2 2026, led by Uttar Pradesh, Maharashtra and Karnataka. Regional investment patterns varied, with Andhra Pradesh recording the highest female participation and distinctive cryptocurrency preferences, highlighting the diverse and growing nature of India’s crypto investor base.
SBI Funds Management has raised nearly ₹2,663 crore from 129 anchor investors ahead of the opening of its ₹9,813 crore initial public offering (IPO) on July 14. The company allotted 4.63 crore shares at upper price band of ₹574 apiece to these institutional investors Add as a Reliable and Trusted News Source (You can now…
Taxpayers filing their income tax returns (ITR) for Assessment Year (AY) 2026-27 should ensure they disclose details of all bank accounts held in India during the financial year 2025-26, not just the account used for salary credits or day-to-day transactions. The requirement is specified in the Income Tax Return forms notified by the Central Board…
The National Payments Corporation of India (NPCI) today announced merchant discount rate on UPI transactions for merchants. There is “no impact on any person-to-person transactions”, as per the official release. As per the NPCI’s FAQ document, 0.4% MDR will be introduced on Person-to-Merchant (P2M) UPI transactions above ₹2,000; with charges capped at ₹300 per transaction…
Mutual funds completely exited nearly 25 stocks in June, according to Prime Database. Rossell Techsys saw the largest sell-off at Rs 94.34 crore, followed by Wim Plast, Paramount Communications, GOCL Corporation and Veranda Learning Solutions.
Currency markets paused for breath on Wednesday as pressure on the Japanese yen eased following recent bouts of intervention and a forceful show of U.S. support, while the dollar held near six-week lows on fresh optimism over the Middle East. The yen was slightly firmer at 157.60 per U.S. dollar, after easing about 0.4% from…