You are here: Home » Current Affairs » News » National
Business Standard

Top headlines: Equity MFs see inflows in March; SC rejects Deshmukh's plea

Business Standard brings you top news of the evening

Curated Content | top news of the day | Top business stories

BS Web Team  |  New Delhi 

mutual funds, MF
Barring multi-cap and value fund categories, all the equity schemes saw inflow last month.

Equity MFs see Rs 9,115 crore inflow in March

After eight months of consecutive outflows, witnessed a net inflow of Rs 9,115 crore in March amid correction in the stock market. Barring multi-cap and value fund categories, all the equity schemes saw inflow last month, data from the Association of Mutual Funds in India (Amfi) showed on Thursday. READ MORE...

SC rejects pleas of Maha Govt and Anil Deshmukh

In a setback to Maharashtra government and its former home minister Anil Deshmukh, the Thursday dismissed their pleas challenging the Bombay High Court order directing a CBI probe into allegations of corruption and misconduct levelled against him by former Mumbai police commissioner Param Bir Singh.

“Looking at the personas involved and nature of allegations and seriousness of allegations, it requires investigation by an independent agency. It is a matter of public confidence,” a bench comprising Justices S K Kaul and Hemant Gupta said. READ MORE...

Oil dips with record India virus cases

Oil fell as bearish virus from India to Japan underpinned the outlook for a staggered recovery in consumption.

West Texas Intermediate slid 0.6%, though remains within the $5 range it has traded in since mid-March. India, the world’s No. 3 oil importer, reported a record number of daily cases, with states facing a vaccine shortage. READ MORE...

Helped 2.5 million MSMEs in India go online, says Amazon

India on Thursday said it has digitised 2.5 million MSMEs, enabled cumulative exports worth $3 billion and helped create nearly one million jobs in the country. Last year, had announced an investment of $1 billion to digitally enable 10 million micro, small and medium enterprises (MSMEs), enable e-commerce exports worth $10 billion and create one million additional jobs in India by 2025. READ MORE...

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, April 08 2021. 18:04 IST