Kotak Mahindra, UTI and HDFC mutual funds have paused large subscriptions to gold exchange-traded funds after discussions with SEBI, restricting fresh inflows as demand typically rises during Dussehra and Diwali. Several major Indian mutual funds have paused bulk subscriptions into…
Voice clones, flawless emails and convincing fake websites are making fraud harder to spot, but experts say slowing down, checking requests independently and securing key accounts remain the strongest protections. Artificial intelligence is making everyday fraud harder to spot, but…
India’s unemployment rate was unchanged in September as higher urban joblessness, driven mainly by women, offset broadly steady conditions in rural areas. India’s unemployment rate held at 5.0% in September, unchanged from August, as a slight rise in joblessness in…
The Dow’s share-price weighting gives Goldman Sachs greater influence than Microsoft in the DIA exchange-traded fund, despite Microsoft’s far larger market value. A quirk of the Dow Jones Industrial Average means a company’s influence in one of America’s best-known exchange-traded…
Mutual funds invested nearly ₹6,000 crore in Reliance Industries in September, while strong SIP and small-cap inflows pointed to renewed appetite for growth stocks despite market volatility. Mutual funds turned buyers of Reliance Industries in September, making the energy-to-retail conglomerate…
Michael Kremer says AI could help farmers, governments and public services in poorer countries, with India’s AI-powered monsoon forecasts offering an early example. Michael Kremer used his first public appearance as the World Bank Group’s chief economist to argue that…
Wipro’s revenue edged higher in the September quarter and margins improved, but a sharp drop in large-deal bookings and cautious guidance cast doubt on the pace of its recovery. Wipro’s latest quarter showed a business that is still expanding, but…
Suspected fraud is increasingly appearing at account access and creation stages, prompting businesses to strengthen identity, device and behavioural checks before money changes hands. India’s digital fraud problem is changing shape, with criminals increasingly targeting identity rather than waiting for…
India’s tax authorities are considering wide-ranging changes to Goods and Services Tax administration, including tighter limits on arrest powers, higher prosecution thresholds, faster refunds and fewer manual checks. India’s tax authorities are preparing a broad easing of Goods and Services…
Unlimited health cover removes the headline sum insured, but exclusions, co-payments, waiting periods and claim limits can still leave policyholders with significant costs. Unlimited health insurance can look like the simplest answer to a rising medical bill, but buyers should…
