#financenews
Mark Mobius, Pioneer of Emerging Markets Investing, Dies at 89
Mark Mobius, a pioneer in global investing and a key figure in emerging markets, passed away on April 16, 2026, at the age of 89. Widely regarded for transforming investment strategies in developing economies, Mobius played a crucial role in directing billions of dollars into markets across Asia, Africa, Latin America, and Eastern Europe. Over a caree
Mark Mobius, Pioneer of Emerging Markets Investing, Dies at 89
Mark Mobius, a pioneer in global investing and a key figure in emerging markets, passed away on April 16, 2026, at the age of 89. Widely regarded for transforming investment strategies in developing economies, Mobius played a crucial role in directing billions of dollars into markets across Asia, Africa, Latin America, and Eastern Europe. Over a caree
Union Budget 2026 Impact: What Becomes Cheaper and Costlier for Indians
Union Budget 2026 was presented by Finance Minister Nirmala Sitharaman, marking her ninth consecutive budget and outlining the government’s commitment to inclusive growth. The budget is guided by three key kartavyas aimed at accelerating economic development while supporting the poor, underprivileged, and disadvantaged sections of society. While income tax payers were hoping for rebates or changes in standard deduction, the government chose to focus on indirect tax relief, healthcare afford
Union Budget 2026 Impact: What Becomes Cheaper and Costlier for Indians
Union Budget 2026 was presented by Finance Minister Nirmala Sitharaman, marking her ninth consecutive budget and outlining the government’s commitment to inclusive growth. The budget is guided by three key kartavyas aimed at accelerating economic development while supporting the poor, underprivileged, and disadvantaged sections of society. While income tax payers were hoping for rebates or changes in standard deduction, the government chose to focus on indirect tax relief, healthcare afford
RBI Eases Claim Settlement Rules For Deceased Bank Accounts, Compensation For Delays
The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom
RBI Eases Claim Settlement Rules For Deceased Bank Accounts, Compensation For Delays
The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom
Mutual Fund Industry Experiences Net Outflows of ₹71,114 Crore in September
The mutual fund industry in India reported net outflows of ₹71,114.08 crore for September 2024, as per the latest data from the Association of Mutual Funds in India (AMFI). This decline follows a staggering 42.8% drop in August, where cumulative inflows into mutual funds were recorded at ₹1.08 lakh crore. Equity mutual funds saw a decline in inflows by 9.9% in September, totaling ₹34,419.26 crore, down from ₹38,239.16 crore in August. The net assets under management (AUM) of
Mutual Fund Industry Experiences Net Outflows of ₹71,114 Crore in September
The mutual fund industry in India reported net outflows of ₹71,114.08 crore for September 2024, as per the latest data from the Association of Mutual Funds in India (AMFI). This decline follows a staggering 42.8% drop in August, where cumulative inflows into mutual funds were recorded at ₹1.08 lakh crore. Equity mutual funds saw a decline in inflows by 9.9% in September, totaling ₹34,419.26 crore, down from ₹38,239.16 crore in August. The net assets under management (AUM) of









