India’s mutual fund industry has reached a major milestone, with assets under management (AUM) crossing ₹75 trillion and monthly SIP inflows exceeding ₹25,000 crore, SEBI Chairman Tuhin Kanta Pandey announced at the Global Leadership Summit 2025. However, he noted that retail participation remains low. Although 53% of Indian households are aware of mutual funds, only…
After a two-year hiatus due to internal disturbances, the Manipur International Textile Expo (MANITEX) is making a strong comeback, reaffirming the state’s position on the global textile map. The event will be held from November 8 to 12 at Urban Haat, Nilakuthi, Imphal, and will host participants from 16 countries, including buyers, exporters, and designers…
Industrialist Mehli Mistry has submitted a caveat petition to the Maharashtra Charity Commissioner, seeking the opportunity for a “fair hearing” prior to any actions taken to remove him from his position as a trustee of Tata Trusts. This caveat serves as a preemptive legal measure that prevents the court or Charity Commissioner from making decisions…
Manipur BJP MLA L Rameshwor Meetei said that if the Central leadership fails to facilitate the formation of a government in the state soon, fresh elections should be held. Speaking to reporters on the sidelines of a programme, the Keirao legislator warned that the BJP’s position in Manipur could weaken if the political impasse continues….
Bajaj Finance Ltd. disbursed approximately 63 lakh consumer loans during the festive season (September 22-October 26), marking a 27% volume increase and 29% value increase year-over-year. The surge reflects the impact of recent GST reforms and personal income tax changes aimed at boosting consumer purchasing power. The company acquired 23 lakh new customers, with 52%…
The initial public offering (IPO) of eyewear brand Lenskart Solutions Ltd drew strong investor interest during its subscription period. Attention now turns to the Lenskart IPO allotment, expected to be finalized today, November 6, 2025. The IPO opened from October 31 to November 4, and the company’s shares are scheduled to list on the BSE…
According to an SBI Research analysis, India’s total consumer demand for gold rose to 802.8 tonnes in 2024, or 26% of the world’s total, placing it second only to China with 815.4 tonnes. The World Gold Council estimates that imports will account for about 86% of India’s overall supply of gold in 2024, with domestic…
ICICI Prudential Life Insurance has fully passed on the GST exemption benefit to its customers, effectively reducing the cost of life insurance products including term plans. This move comes after the Government of India announced reforms exempting all insurance policies from 18% GST, lowering premiums and making financial protection more accessible. Earlier, customers paid Rs….
Bajaj General Insurance has lodged an FIR at Porompat Police Station in Imphal, Manipur, after uncovering a sophisticated NEFT forgery linked to medical reimbursement claims processed during the COVID-19 pandemic. The company flagged irregularities when internal checks revealed discrepancies in multiple claims settled via NEFT. According to the insurer, 12 claims were submitted under different…
Air travellers from Manipur are set to get some long-awaited relief as the Centre has approved two new flight services — one each on the Imphal–Guwahati and Imphal–Kolkata routes — to address limited connectivity and skyrocketing fares. Former Chief Minister N Biren Singh shared the development on X, noting that the decision followed discussions between…
