Profit by knowlytics
The three-year-old wealthtech platform, which manages over ₹15,000 crore in AUM, plans to use the capital to scale its B2B2C distribution platform and expand its global NRI wealth business.
Resilience is about bouncing back but that’s not enough. India needs an economy that’s ‘anti-fragile’—one that actually gains strength under stress. A risk-calibrated strategy for this would require sharper policies in five specific areas.
Gold had begun the week on a positive mark, breaking above the trendline resistance while the weekly trend keeps the door open for further gains. The 149,000 mark is the backbone of the bullish setup.
Mutual fund SIP stoppage ratio fell to 81.87% in July from 91.23% in June, marking the third consecutive monthly decline. New SIP registrations outpaced discontinued or completed SIPs, while monthly inflows rose 12% year-on-year to Rs 31,961 crore, signalling continued investor preference for systematic and disciplined investing.
India’s FMCG market is becoming more difficult for smaller brands, with only 56% of low-penetration brands growing their consumer reach in 2025, compared with 83% of highly penetrated and 78% of mid-sized brands. Overall FMCG consumer choices rose 5.1% to 129 billion, while brands such as Balaji, Rin, Sunrise and Exo gained ground.
In 1854, a tiny mirror helped solve the Atlantic telegraph problem
St. Mark’s United Church of Christ closed after seven decades due to declining membership. The congregation distributed approximately $600,000 among 21 local nonprofits. A substantial gift of $115,000 went to Loaves & Fishes for meal provision. The church property will be redeveloped into affordable housing units for the community. This act ensures the church’s legacy…
Ten years ago, sunflower sea stars faced near extinction due to a devastating marine epidemic, leading to unchecked sea urchin populations that destroyed essential kelp forests. Recently, a newly identified colony of these sea stars has rekindled hope for ecological restoration. Researchers are examining their resilience to diseases, which could greatly benefit efforts to reintroduce…
Police uncovered a murder plot involving infidelity and financial motives. The wife allegedly colluded with her lover to kill her husband. They drugged and electrocuted the victim before staging a robbery. The couple planned to live together after the husband’s death. Three individuals were arrested in connection with the crime.
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