Equity mutual fund inflows declined by over 6% to Rs 28,054 crore in December, even as investor interest in equities and gold remained intact amid heavy redemptions from debt schemes, data released by industry body AMFI showed on Friday.The moderation in equity inflows came from Rs 29,911 crore in November, though collections were still higher…
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NEW DELHI: Hours after Bharatiya Janata Party left K Annamalai from the candidates list for the upcoming elections, party MP from Karnataka Tejasvi Surya on Friday described the former Tamil Nadu BJP chief as the “most popular leader”, claiming that the party has made him responsible for campaigning for all candidates.While campaigning at for the…
Wall Street benchmarks closed at record highs on Friday, as easing geopolitical tensions in West Asia fuelled a broad risk rally across global markets, sending equities higher and oil lower.The S&P 500 and Nasdaq Composite notched their third straight record closes, while the Dow Jones Industrial Average posted its strongest finish since late February. Gains…
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Check out the companies making the biggest moves in premarket trading: BJ’s Wholesale Club — The warehouse giant shed 4.5% after its full-year guidance fell short of expectations. BJ’s Wholesale anticipates adjusted earnings between $4.40 per share and $4.60 per share, versus the $4.66 a share consensus estimate, per FactSet. Its fourth-quarter earnings and revenue,…
NEW DELHI: Tina Ambani, the wife of Anil Ambani of Reliance group, skipped her second date with the Enforcement Directorate (ED) on Tuesday. She did not appear at the agency’s headquarters here on a summons issued in connection with a money laundering probe. Tina was earlier summoned on Feb 9. Her husband has been summoned…
Metaplanet (3350) expects its revenue to nearly double this year after a volatile end to 2025 that saw the firm post a paper loss of over 100 billion yen ($650.6 million) over bitcoin’s sharp correction. The Tokyo-listed company revised its full-year FY2025 forecast and released its outlook for FY2026, showing operating income and sales far…
NEW DELHI: The Indian Council of Medical Research (ICMR) on Wednesday handed over two Mobile Stroke Units (MSUs) to the Government of Assam, marking a major shift in stroke care—from patients travelling long distances to hospitals, to hospitals reaching patients in remote areas.Stroke is among the leading causes of death and long-term disability in India….
Sam Bankman-Fried, founder of collapsed crypto exchange FTX, has withdrawn his request for a retrial over doubt he would get a fair hearing in a letter to the judge overseeing his case. Bankman-Fried, who is serving a 25-year sentence after being convicted on seven counts of fraud and conspiracy tied to FTX’s 2022 collapse, said…
