Assets

The ED has a conviction rate of 94 per cent and is confident that out of more than 2,400 cases now pending before trial courts

Strong Q4FY26 performance and capital infusion boost outlook for Shriram Finance, with steady margins and loan growth expected despite asset quality concerns

National Securities Depository Ltd has reported an 8.4 per cent rise in consolidated net profit to Rs 90.3 crore for the March quarter of FY26. The company had posted a net profit of Rs 83.3 crore in the corresponding quarter of the previous fiscal. The total income grew 23.6 per cent to Rs 487 crore in Q4 FY26 from Rs 394 crore a year ago, the depository said in a statement on Friday. The board of directors has recommended a final dividend of Rs 4 per equity share (face value Rs 2) for FY26, subject to shareholder approval. For the full financial year ended March 31, 2026, NSDL's net profit rose 11 per cent to Rs 380 crore, and total income rose 8 per cent to Rs 1,660.2 crore. Separately, the company said it has launched the Women Demat Plan on April 1, offering a three-year waiver on settlement fees for new women account holders. The initiative aims to boost women's participation in capital markets by offering zero transaction fees, no age limit, and allowing joint accounts wher

Excluding one-off gains, profit rises 11% YoY as margin strength, improved asset mix and steady loan growth support performance

Parliament informed that tax collections under the Black Money Act rose sharply, while probes into global leaks have led to over ₹41,000 crore in tax and penalty demand

Non-bank lender UGRO Capital's borrowing costs are higher than peers by 1.25 per cent, and the company will focus on reducing them in FY27, a top official has said. "Our focus is now to reduce our cost of borrowing. Our cost of borrowing is at least 1.25 per cent higher than that of our peers. So, the focus is to reduce that because if we don't reduce that, both the end customer, we cannot service well," the founder and managing director of small-business-focused lender, Sachindra Nath, told PTI. The company, which has grown its assets under management from around Rs 3,000 crore in 2020 to nearly Rs 15,000 crore in 2025, said the sharp expansion in recent years had necessitated higher liability mobilisation, impacting borrowing costs. "With the base now becoming large and growth expected to moderate, the demand for liabilities will also reduce. This will give us the flexibility to negotiate better rates," he said. He indicated that while its liability mix will broadly remain ...

Poor sector and stock selection calls can, however, lead to underperformance

Improving earnings momentum, domestic liquidity and potential FPI inflows could help Indian equities deliver 10-12% returns in 2026, says ABSL AMC

Middle East continues to be a hotspot for sovereign wealth fund riches. The main seven Gulf wealth funds accounted for 43 per cent of all capital invested by state owned investors globally at $126 bn

To attract more investors, the government reduced PIA's debt, removed sales tax on new aircraft, and offered protection from select taxes and legal issues to revive interest in the sale

Multi-asset allocation funds offer diversification across equities, debt and commodities with tax-efficient rebalancing, but they can lag pure equity funds during strong bull markets, experts say

Late industrialist Sunjay Kapur's wife Priya Kapur on Thursday told the Delhi High Court that it was a "healthy tradition" for a husband to give all his assets to his wife and refuted the claim of actor Karisma Kapoor's children that their father's alleged will has surfaced under suspicious circumstances. Priya Kapur's counsel said the same was the case of her father-in-law and Sunjay's father, who gave everything to his wife, Rani Kapur, in his 'will'. "There is nothing suspicious about a husband giving everything in his assets to his wife. As is the case in my father-in-law's 'will' where everything was given to his wife. "It is a healthy tradition which perhaps has been maintained," senior advocate Rajiv Nayar, representing Priya Kapur, submitted before Justice Jyoti Singh. The court, which was hearing the suit of Karisma Kapoor's children -- Samaira Kapur and her brother -- challenging their late father Sunjay Kapur's purported will of his assets, reportedly worth Rs 30,000 cro

The move marks the latest chapter in the career of one of Hong Kong's best known property executives

Wealth management company Centricity WealthTech plans to double its AUM to Rs 20,000 crore by March 2026 and has hired 30 senior private bankers to cater to the needs of High Networth Individuals (HNIs) and Ultra HNIs, to achieve the target. The asset under management (AUM) reached Rs 10,000 crore last month and the company is hoping to increase this to Rs 18,000-20,000 crore by the end of the current fiscal, Centricity WealthTech CEO Manu Awasthy told PTI. So, he said, effectively, the AUM should double in eight months and various initiatives would be taken to achieve this target. As part of the expansion strategy, the company has onboarded 30 senior private bankers to deepen presence across India's top 70 cities. This marks a significant step in Centricity WealthTech's vision to democratize accessibility of best-in-class financial advice beyond the traditional metros, backed by its proprietary technology and growing physical footprint, he said. The newly onboarded senior private

Gold has overtaken the euro to become the world's second-biggest reserve asset as central banks continue to buy amid global uncertainty

In FY25, sectors like refineries, telecom services, and iron and steel led capital investments in India

Sundaram Home Finance has unveiled plans to raise over Rs 6,000 crore to accelerate its growth during the current financial year. The funds proposed to be raised would be through a mix of refinance from NHB, bank debt, debentures and fixed deposits, an official said. Sundaram Home Finance reported a 26 per cent rise in its net profit for the January-March 2025 quarter to Rs 71.57 crore from Rs 56.80 crore registered in the corresponding quarter of last financial year. Disbursements made during the quarter under review stood at Rs 1,929 crore as against Rs 1,469 crore registered in the corresponding quarter of last financial year. The Assets Under Management during the financial year ending March 31, 2025 went up to Rs 17,470 crore from Rs 13,812 crore registered in the year ago period. On the outlook for the financial year, the city-headquartered company's MD D Lakshminarayanan said, "The emergence of small towns as an economic growth drive is throwing up a lot of new growth ...

Exposure to gold and longer-duration debt, and purchasing equity funds systematically as valuations soften can help investors navigate this phase

According to an official statement, all the immovable properties are in the form of residential/commercial land and are situated at Mathura in Uttar Pradesh

With US support for Ukraine in doubt, Kyiv's European allies are weighing whether to seize USD 300 billion in frozen Russian assets and use the money to compensate Ukraine, support its military and help rebuild shattered homes and towns. For now, the assets are still on ice, with opponents of seizure warning that the move could violate international law and destabilize financial markets. Here are key things to know about the debate surrounding the Kremlin assets that were frozen shortly after Russia's full-scale invasion in early 2022: What are the assets and where are they? Originally, the money was in short-term government bonds held as reserves for the Russian central bank. By now, most of the bonds have have matured and turned into cash piling up in custodian banks. Some 210 billion euros are in European Union member states, with the biggest chunk, some 183 billion euros, at Euroclear, a Belgian clearinghouse for financial transactions. Other amounts are at financial institutio