Business

Despite muted returns from the Nifty over the past year, Systematic Investment Plan (SIP) inflows have remained strong, reflecting growing maturity among retail investors, Anand Vardarajan of Tata Asset Management told ET.The SIP contribution in September saw held steady at around Rs 30,000 crore, slightly lower than August’s Rs 33,000 crore, which Vardarajan attributes to…

India’s silver market has witnessed unprecedented momentum this year, with domestic prices soaring 53 per cent so far in 2025, significantly outperforming gold, which has risen nearly 49 per cent, according to market observers. The surge has also triggered a spike in investment inflows into silver exchange-traded funds (ETFs), reportedly tripling those into gold ETFs,…

HCL Technologies on Monday reported a flat consolidated net profit of Rs 4,235 crore for the quarter ended September 30, 2025.On a sequential basis, the IT giant’s net profit rose 10.2 per cent compared to Rs 3,843 crore recorded in the June quarter, PTI reported.The company’s consolidated revenue increased 10.6 per cent year-on-year to Rs…

Wall Street staged a strong rebound on Monday as US stocks rallied following President Donald Trump’s calmer comments on trade with China, just days after his threats of higher tariffs had rattled global markets.The S&P 500 surged 1.5% to recover more than half of Friday’s drop, its steepest since April. The Dow Jones Industrial Average…

Net direct tax revenue recorded a growth of 6.33 per cent so far in the current fiscal, reaching over Rs 11.89 lakh crore till October 12, driven by higher corporate tax collections and slower refund issuances, PTI reported. Refunds issued during this period dropped 16 per cent to Rs 2.03 lakh crore.According to official data,…

NEW DELHI: In the backdrop of growing global economic uncertainty and fluctuating financial markets, gold continues to attract investors seeking a safe haven for preserving their wealth.Experts say that despite occasional fluctuations, gold’s long-term performance makes it a reliable hedge against inflation, currency risks, and geopolitical uncertainties.Experts also pointed to the key drivers of gold…

NEW DELHI: The National Highways Authority of India (NHAI) will soon undertake detailed studies to assess the most suitable options — hill-cutting, viaducts or tunnels — for executing highway projects in hill states.The decision was made at a brainstorming session held last week on strengthening quality control in highway construction. Sources said some experts pointed…

JPMorgan Chase on Monday unveiled a $1.5 trillion plan to bolster key US industries, including rare minerals, shipbuilding, and nuclear energy, in a move it described as critical for national security and economic resilience.The US banking giant, which manages assets of about $3.8 trillion, said it would deploy direct equity and venture capital investments of…

In a move aimed at strengthening regional trade and payment systems, the Reserve Bank of India (RBI) on Monday allowed Indian banks and their overseas branches to extend rupee-denominated loans to persons residing in Bhutan, Nepal, and Sri Lanka.The RBI said the step was taken to facilitate cross-border trade transactions and is part of its…

In a major reform aimed at improving ease of access and flexibility for over seven crore subscribers, the Employees’ Provident Fund Organisation (EPFO) board on Monday approved liberalised partial withdrawal rules, allowing members to withdraw up to 100 per cent of their EPF balance.The Central Board of Trustees (CBT), headed by Labour Minister Mansukh Mandaviya,…