Banking And Finance

UTI Nifty 50 Index Fund vs ICICI Prudential Large Cap Fund: A quick comparison of passive and active investing styles

A comparison between the UTI Nifty 50 Index Fund, India’s largest index fund with an AUM of ₹27,827 crore, and the ICICI Prudential Large Cap Fund, the largest large-cap fund…

Energy mutual funds: Meaning, top 5 funds, key factors, advantages and risks explained

Energy mutual funds provide exposure to companies across the value chain, including oil & gas, power utilities, energy infrastructure, and clean energy. So, let’s understand the meaning of energy mutual…

SBI Cards tops credit card additions in May as industry hits 12 crore milestone; spends grow 6.3% YoY

Mumbai: India’s credit card industry crossed the 12 crore cards milestone in May 2026, with net additions rebounding sharply to 10.17 lakh — a 33.7% surge year-on-year and a 26.9%…

Lost money to cyber fraud? RBI’s new rules offer compensation of up to ₹25,000

The has tightened customer protection norms for digital banking frauds, requiring banks to prove customer negligence in disputed transactions and introducing a compensation mechanism for victims of small-value cyber frauds.…

Market

US stock market today: Micron’s blockbuster results spark chip-stock rally; Nasdaq futures surge 2.2%

traded with solid gains in Thursday’s trade, June 25, as blockbuster earnings from Micron Technology revived the technology-led rally, which had recently come under pressure amid valuation concerns. Nasdaq 100…

Dalal Street pares gains: Sensex ends flat after climbing over 600 points

Benchmark indices surrendered most of their intraday gains on Thursday, with the Sensex erasing a rally of over 600 points before ending marginally higher, as investors booked profits after a…

Profit booking trims gains; Nifty ends flat after 200-point swing from day’s high

Markets staged a strong opening on Thursday but surrendered most of their intraday gains as profit booking ahead of a long weekend left benchmark indices barely in the green. The…

Rupee rises 16 paise to settle at 94.39 against US dollar

The rupee appreciated 16 paise to settle at 94.39 (provisional) against the US dollar on Thursday as global crude oil prices continued to slide. Positive sentiments in the domestic equity…

Market

Sunsol plans 2 GW solar deployment through 5,000 projects in India by 2030

Global consultancy firm Sunkonnet on Thursday said its distributed energy platform Sunsol Cleantech plans to support the deployment of over two gigawatts (GW) of solar capacity across India by 2030.…

Germany’s Merck to buy Bio-Techne for $11.3 billion

Merck KGaA ⁠has agreed to acquire biotech firm Bio-Techne Corp ‌for $11.3 billion, the German science and ‌healthcare firm said ‌in ⁠a statement ⁠on Thursday. Shares of Bio-Techne rose 22…

Demagnetized giants: Why India’s corporate titans are resisting the pull of a ₹7,280-crore magnet race

On 29 June, the Indian government will figure out if a serious player is indeed interested in building rare-earth permanent magnets in India. The ₹7,280-crore production-linked incentive (PLI) scheme that…

Amazon chief meets PM Modi, announces $13-billion investment to expand AI and cloud infrastructure

Amazon CEO Andy Jassy, who is on an India visit, met on Thursday in New Delhi. Reiterating long-term commitment to India, he also announced plans to invest an additional $13…
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Axis

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