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

At 74 years old, Chief Minister Chandrababu Naidu showcases remarkable dedication to the development of Andhra Pradesh during his recent two-day trip to Delhi. According to TDP MP Pemmasani Chandrasekhar, Naidu worked tirelessly, meeting with key political figures, including Prime Minister Modi and various union ministers, throughout his visit. Remarkably, when Finance Minister Nirmala Sitharaman became available only after midnight due to her earlier commitments, Naidu adjusted his

Chief Minister N. Chandrababu Naidu has launched a significant initiative focused on supporting the Backward Communities (BCs) in Andhra Pradesh, acknowledging their vital role in his party's journey. This effort includes a thorough survey designed to assess the socio-economic status of BCs across the state. The primary objective of the survey is to collect essential data about the BC population, including their living conditions, employment types, and available skills. This dat

In a powerful address at the 79th United Nations General Assembly, External Affairs Minister S. Jaishankar delivered a pointed message to Pakistan, criticizing its decades-long policy of terrorism. Asserting that "actions will most certainly have consequences," Jaishankar emphasized that Pakistan's strategy of cross-border terrorism is fundamentally flawed and will ultimately fail. Addressing the "Pakistan problem," Jaishankar highlighted the significant chal

Welspun Enterprises Ltd. announced on Friday that it has been declared the lowest bidder for a major water tunnel project in Mumbai, a venture initiated by the Brihanmumbai Municipal Corporation (BMC). The company's bid, amounting to approximately Rs 1,989.9 crore (excluding GST), is aimed at designing and constructing a tertiary-treated water conveyance tunnel connecting the wastewater treatment facility in Dharavi to another facility in Ghatkopar. The scope of the project incl

In a controversial election, Sundar Singh Tanwar of the BJP was nominated to the 18th and final seat of the Delhi Municipal Corporation's Standing Committee, garnering 115 votes—exactly the number of BJP councillors present. This victory grants the BJP control of the Standing Committee, perceived as the real power within the municipal body, allowing them to appoint the Chair. The election follows a boycott by the Aam Aadmi Party (AAP), which has a significant majority with

UK Prime Minister Keir Starmer recently voiced strong support for India’s bid for permanent membership in the United Nations Security Council (UNSC) during the UN General Assembly's seventy-ninth session in New York. His endorsement follows similar pledges from US President Joe Biden and French President Emmanuel Macron, indicating a growing consensus among major powers on the need for UNSC reform. Currently, the UNSC is comprised of five permanent members—Russia, th

In a remarkable feat of mountaineering, a 15-member team from the National Institute of Mountaineering and Adventure Sports (NIMAS) has successfully scaled an unnamed peak in the Gorichen range of the Eastern Himalayas. Standing at an impressive height of 20,942 feet, this previously unclimbed summit, now named "Tsangyang Gyatso Peak," pays tribute to the 6th Dalai Lama, Rigzen Tsangyang Gyatso. The expedition, which began on September 7, took 15 days to complete. Led by A

When a government demonstrates accountability and transparency, it fosters public trust. This is evident in Andhra Pradesh following the 2024 elections, where the formation of the NDA government has led to a significant shift in public perception. Under the leadership of seasoned politician Chandrababu Naidu, the public's view of governance has improved markedly. A remarkable ₹400 crores has been donated to the CM Relief Fund to assist victims of the devastating Vijayawada flo

In a concerning incident, multiple gunshots were fired at the campaign office of US Vice President Kamala Harris in Tempe, Arizona, early Monday morning. Police discovered the damage from several bullets at the Democratic office located near Southern Avenue and Priest Drive. Thankfully, no one was inside at the time, but the incident has raised significant safety concerns for staff and nearby residents. The Tempe Police Department is treating the situation as a potential property cr

Andhra Pradesh Chief Minister Chandrababu Naidu has resolved the uncertainty surrounding nominated posts in the state by finalizing the seat-sharing arrangement among the Telugu Desam Party (TDP), Jana Sena, and the Bharatiya Janata Party (BJP). In a recent announcement, the state government revealed a list of 20 nominations, with TDP receiving the lion's share of 16 posts, while Jana Sena secured three and BJP was allotted one. Initially, Jana Sena had requested a minimum of fi

Indian-origin NASA astronaut Sunita Williams has made history once again by becoming the commander of the International Space Station (ISS). Her journey to this pivotal role began with an eight-day mission that was unexpectedly extended to over eight months due to technical issues with the Boeing Starliner spacecraft. During a formal ceremony aboard the ISS, Russian cosmonaut Oleg Kononenko handed over command to Williams, who has been working to advance scientific research and tech

Tirumala holds immense sentimental value for the Hindu population worldwide, and allegations of laddu prasadam adulteration during the previous YCP tenure have sparked widespread outrage. Acknowledging the seriousness of the situation, Chief Minister Chandrababu Naidu has commissioned a Special Investigation Team (SIT) to thoroughly investigate the matter. Naidu announced that this investigation will not follow standard procedures; instead, it is being treated with utmost seriousnes

After a prolonged silence, Sajjala Ramakrishna Reddy, former advisor to the YCP government, addressed the media to vehemently criticize Chief Minister N. Chandrababu Naidu. Reddy took aim at Naidu's allegations regarding the sacred Srivari laddu, specifically claims that beef tallow and fish oil were included in its preparation. He argued that such statements not only undermine the credibility of the YCP but also harm the faith of Hindu devotees. Reddy expressed that Naidu's

A panel of state ministers, established by the Goods and Services Tax (GST) Council, is set to convene in Goa on September 24 and 25. This six-member group, led by Bihar Deputy Chief Minister Samrat Chaudhary, will review the implications of rate rationalization on at least 100 items. The discussions aim to analyze potential changes in GST slabs and rates, particularly focusing on essential goods. During the two-day meeting, the panel will explore various

Adani Total Gas Ltd. (ATGL) announced on Friday that it has successfully secured $375 million in funding from international lenders to expand its city gas distribution (CGD) network. This financing marks the largest global investment in the CGD sector, underscoring the growing importance of natural gas in India's energy landscape. The funds will enable ATGL to extend its services to over 200 million people, representing approximately 14% of India's population. The financing

India has long aspired to secure a permanent seat on the United Nations Security Council (UNSC), arguing that its status as an emerging superpower merits representation at the high table. Despite support from several permanent members and international coalitions advocating for UNSC reform, experts remain skeptical about India's chances in the near future. One of the most significant hurdles is China’s steadfast opposition. As the only Asian country with a permanent seat,

The highly anticipated launch of the Apple iPhone 16 series took place today, generating palpable excitement among consumers across India. Long queues formed outside Apple’s flagship stores in major cities like Mumbai and Delhi, as tech enthusiasts and loyal customers eagerly awaited the chance to buy the latest devices. At the Bandra Kurla Complex (BKC) store in Mumbai, a massive crowd gathered overnight. Customers were particularly interested in the iPhone 16 Pro and iPhone

Kumari Aunty, known for serving delicious home-cooked food at affordable prices on the streets of Hi-Tech City, has garnered immense popularity across the Telugu states. Her culinary skills and warm demeanor have made her a favorite among locals. However, her business faced a setback when the Cyberabad police shut it down on one occasion. Fortunately, CM Revanth Reddy stepped in, directing officials to allow her to continue serving her community. On Wednesday, Kumari Aunty finally h

In a surprising move, Australian cricket legend Ricky Ponting has been appointed as the head coach of Punjab Kings, taking over from Trevor Bayliss, who oversaw the team for the past two seasons. Ponting, who previously spent seven years with Delhi Capitals, signed a four-year contract with Punjab, highlighting the franchise’s long-term vision to rebuild its squad. Under Ponting's leadership, Delhi Capitals became a formidable team in the IPL, reaching the final in 2020 bu