Mukesh Ambani Announces ₹10 Lakh Crore AI Push At India AI Impact Summit At the India AI Impact Summit 2026 in Delhi, Mukesh Ambani, Chairman & MD of Reliance Industries Limited, unveiled an ambitious vision to make India a global AI powerhouse. Announcing a ₹10 lakh crore investment over seven years, he said Jio Platforms…
In a consultation paper that’s open for comments until 6 March, the regulator suggested shifting the base price calculation for ETFs from a two-day-old value to the previous day’s data. mint explains the proposed changes and what they mean for investors. What are the proposed changes? Sebi suggested that instead of using the net asset…
Gold and silver exchange-traded funds (ETFs) are now among the top five picks financed by brokers under the margin trade funding (MTF) facility on the National Stock Exchange (NSE). The trend reflects investors’ growing appetite for portfolio diversification amid rangebound markets and external headwinds. While the popular SilverBees, or Nippon India Silver ETF, held the…
Meanwhile, this earnings season has thrown up an interesting development—a set of businesses whose financial turnarounds have arrived just as the market’s mood has improved. That synchronization matters. When profits turn after a stock has already rerated, the payoff is limited. But when operational improvement coincides with a sentiment shift, markets tend to respond disproportionately….
Page Industries Ltd continues to scramble for a crucial lever: sustained volume growth recovery. Its December quarter (Q3FY26) volume growth at 1.4% came in at a multi-quarter low, with units sold touching 58.6 million. Page manufactures, markets, and distributes apparel brands, such as Jockey and Speedo. Due to early Diwali, festive-led demand shifted to Q2….
PB Fintech Ltd, the parent of Policybazaar, said on Monday that its board will meet on 5 February to consider raising capital through a qualified institutional placement (QIP) to fund inorganic growth opportunities. In an exchange filing, it said the board, at a meeting held on Monday, reviewed PB Fintech’s organic growth trajectory and discussed…
This contrast often creates confusion. On the surface, elevated valuations should make these stocks vulnerable. But markets don’t look at valuation in isolation, especially during corrections. Instead, they tend to differentiate between stocks where confidence breaks quickly and those where conviction remains intact. This is why some high P/E stocks stay resilient when the market…
Helios Mutual Fund, Zerodha Mutual Fund and Bajaj Finserv Mutual Fund, which launched around the same time or later, have built significantly larger asset bases despite lacking NJ’s distributor muscle. Bajaj Finserv Mutual Fund had assets under management (AUM) of ₹32,115 crore as of December-end, while Zerodha Mutual Fund had ₹₹9,969 crore. The contrast becomes…
MUMBAI : India’s market regulator is closely scrutinizing new fund offers (NFOs) for portfolio overlap with existing schemes, even though its draft proposals on overlapping stocks in mutual fund schemes are yet to be notified. In an 18 July consultation paper, the Securities and Exchange Board of India (Sebi) proposed that mutual funds ensure that…
ICICI Lombard General Insurance Co. Ltd’s shares fell on Wednesday, despite the sharp acceleration in its gross domestic premium income (GDPI) growth rate to 13.3% in the December quarter (Q3FY26). This is the first time in FY26 that the company’s growth rate exceeded the industry’s 11.5% growth. Nearly 70% of the incremental GDPI came from…
