Court rejects Mamta Kulkarni's plea to de-freeze bank accounts

A special court in Thane has rejected former Bollywood actress Mamta Kulkarni's application for de-freezing her six bank accounts, three FDs and releasing two Mumbai flats sealed in connection with......

Despite Rs 400cr loss, Tirupati temple to pay salaries

A Rs 400 crore revenue loss notwithstanding, the Tirumala Tirupati Devasthanam which governs the country's 'richest' shrine, Sri Venkateswara Temple in Tirupati, has not implemented a pay cut for......

Kotak Mahindra Bank's loan, deposit growth may be impacted after RBI curbs

Kotak Mahindra Bank’s loan and deposit growth are likely to be affected after the Reserve Bank of India (RBI) asked the private-sector lender not to take on board new customers through the......

Why bank FDs are no longer the 'safe' option

Senior citizens and others depending upon income from bank fixed deposit (FD) schemes will be at the receiving end with the retail inflation exceeding the interest rates. Illustration: Uttam......

Rising markets fails to lift new investor addition by mutual funds

Even as the returns of mutual fund (MF) schemes have improved considerably in the past three months, addition of new investors has remained in the slow lane for the MF industry. Illustration:......

Mutual funds' equity bets touch record Rs 1.73 trillion in FY23

Mutual funds (MFs) invested a record Rs 1.73 trillion in equities in the financial year 2022-23 (FY23), providing strong support to the Indian markets at a time when foreign investors were......