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Unclaimed mutual fund assets rose nearly 10% to Rs 3,811 crore in FY26, led by higher unclaimed dividends, Sebi said. Despite this, mutual fund assets, SIP contributions and investor participation expanded strongly, reflecting sustained retail interest and industry growth.
Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds; however, those who are existing holders may maintain their investments. The bonds offer an attractive interest rate of 8.05%, bolstered by government guarantees.
Munich Re H1 2026 slides: strong earnings offset by revenue cut
David Ellison, CEO of Paramount Skydance, stands firm in support of the proposed merger with Warner Bros. Discovery, dismissing antitrust allegations as misguided. He highlights that the heart of the matter lies in trust rather than market share. With a vision to rejuvenate Hollywood, Ellison aims for a dramatic increase in both theatrical and streaming…
Shivalik Bimetal Q1 FY27 slides: 33% revenue growth, new facility online
In 2012, a wildfire swept across Africa’s Rwenzori Mountains, marking the first such event in over 12,000 years. Analysis of lake sediments uncovered a significant charcoal marker linked to this fire, indicating that human actions and climate change are altering these delicate mountain ecosystems. The lower slopes reveal early human impact and ongoing forest shifts,…
Amazon sued over ‘dolphin-safe’ and sustainable seafood labels
EnBW H1 2026 slides: resilient earnings, offshore wind milestone
Modivo Q2 2026 slides: record sales, shares fall on expansion costs
Ministry of external affairs rejected criticism of its foreign funding law. The ministry stated that legislative matters are internal decisions for Parliament. Several countries, including the United States, also regulate foreign financing. A US Congressman criticized proposed amendments to India’s Foreign Contribution Regulation Act. He warned these changes could affect India-US bilateral relations.