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Passive MF folio surge steals march on active equity

Business Standard

|

October 28, 2025

Gold and silver ETFs alone added 9.9 million accounts in September. Although data on gold and silver FoFs is not yet available, these funds are also thought to have drawn a record number of new investors.

The increase in passive folios is largely attributable to the sudden rise in gold and silver folios, following the stellar performance of precious metals in recent months,” said Sunil Subramaniam, founder and chief executive of Sense and Simplicity.

Business Standard'den DAHA FAZLA HİKAYE

Business Standard

Bihar polls: 32% of phase-1 candidates with criminal cases

In the first phase of Bihar assembly elections, of the 1,303 candidates contesting across 121 constituencies, 423 (32%) have declared criminal cases against themselves, according to an analysis by The Association for Democratic Reforms (ADR).

time to read

1 min

October 29, 2025

Business Standard

Business Standard

Amazon cuts 14,000 jobs as spending on AI accelerates

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while trimming spending.

time to read

1 mins

October 29, 2025

Business Standard

Business Standard

AGR relief for Vi likely to trigger equity raise, govt stake dilution

Relief from the Centre for Vodafone Idea (Vi) may come well ahead of the March 2026 deadline, which could in turn trigger dilution of government stake

time to read

1 mins

October 29, 2025

Business Standard

Business Standard

Cabinet approves ToR for 8th CPC, appoints body

Panel’s recommendations to benefit 5 million central govt employees

time to read

2 mins

October 29, 2025

Business Standard

Business Standard

The best & brightest gather at BFSI Summit

India (Sebi) Chairman Tuhin Kanta Pandey; Insurance Regulatory and Development Authority of India (Irdai) Chairman Ajay Seth; Pension Fund Regulatory and Development Authority (PFRDA) Chairman S Ramann; Department of Financial Services' Secretary M Nagaraju; Chief Economic Advisor V Anantha Nageswaran; Reserve Bank of India (RBI) Deputy Governors T Rabi Sankar and Poonam Gupta; State Bank of India (SBI) Chairman C S Setty; veteran banker and non-executive Chairman of Jio Financial Services K V Kamath; former whole-time member of Sebi Ananth Narayan G, and Arundhati Bhattacharya, Chairperson & CEO of Salesforce, India.

time to read

2 mins

October 29, 2025

Business Standard

Adani Green Energy profit grows 28% to ₹644 crore

Adani Green Energy Ltd (AGEL) on Tuesday posted a 28 per cent year-on-year rise in consolidated net profit to %644 crore in the September quarter, driven by the renewable power business.

time to read

1 min

October 29, 2025

Business Standard

Microsoft, OpenAlI reach new deal valuing OpenAI at $500 bn

Microsoft and OpenAl reached adeal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAl at $500 billion and giving it more freedom in its business operations.

time to read

2 mins

October 29, 2025

Business Standard

TMB eyes 15% growth in advances, 13% in deposits in FY26

Thoothukudi-based Tamilnad Mercantile Bank (TMB) on Tuesday said that it is expecting a 14-15 per cent growth in advances, and 12-13 percent in deposits during 2025-26 (FY26).

time to read

2 mins

October 29, 2025

Business Standard

Nifty IT witnesses best month in nearly a year

Clawing back on the bourses amid inline September 2025 quarter (Q2FY26) results, the Nifty IT index has surged 6.6 per cent so far in October as against 5.4 per cent rise inthe Nifty 50.

time to read

2 mins

October 29, 2025

Business Standard

INDIA bloc promises 1 govt job for every household in Bihar

To also review liquor prohibition

time to read

2 mins

October 29, 2025

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