Business

Franklin Templeton India (Image/Website) Franklin Templeton India’s latest SIP performance factsheet for January 2026 highlights steady growth in its Systematic Investment Plan (SIP) book, alongside strong long-term performance across several equity mutual fund schemes.The fund house reported resilient SIP inflows during the month, with the number of active SIP accounts also rising, reflecting continued retail…

BENGALURU: India has emerged as the second-largest market for Claude, reflecting the country’s rapidly expanding AI ecosystem and technically sophisticated developer base. Nearly half of Claude usage in India centers on computer and mathematical tasks, including building applications, modernizing legacy systems, and deploying production-grade software—underscoring the depth of engineering engagement across the market.Anthropic has also…

Gold prices eased by Rs 589 to Rs 1.55 lakh per 10 grams in the futures trade on Monday, tracking weakness in international markets.On the Multi Commodity Exchange (MCX), gold contracts for April delivery fell Rs 589, or 0.38 per cent, to Rs 1,55,306 per 10 grams in a business turnover of 7,695 lots.In global…

Mumbai: Bank credit growth continued to outpace deposit mobilisation this financial year, tightening system liquidity even as lenders step up loan disbursements. By Jan-end 2026, the incremental credit-deposit (CD) ratio had climbed to 96.9%, sharply higher than the outstanding CD ratio of 82.3%, indicating that banks lent out nearly Rs 97 for every Rs 100…

Global oil prices remained steady on Monday as markets closely watch upcoming talks between United States and Iran. While concerns over potential disruptions in oil supply due to US-Iran tensions kept prices stable, OPEC+ is considering increasing production from April. The day saw Brent crude futures slightly down at $67.72 per barrel, while US WTI…

Indian real estate companies are rushing to raise around $3.3 billion through IPOs this year. This surge in public offerings comes as developers gain confidence in urban growth and housing demand, with more than half a dozen firms preparing to go public, as reported by Bloomberg.n comparison, the entire property sector, including developers and REITs,…

Shipments of Russian oil to China are projected at about 2.07 million barrels per day for February delivery. (AI image) Even as US President Donald Trump wants the world to stop buying crude oil from Russia, China’s purchases of Russian crude are set to hit a new record in February. China’s procurement of Russian crude…

India’s wholesale prices jumped 1.81 per cent in January 2024 compared to last year, marking the highest increase in 10 months. According to government data, revealed Monday, the figures exceeded economists’ predictions of 1.25 per cent and was driven by rising vegetable prices, basic metals, and manufacturing costs.The increase was notably higher than December’s 0.83…

Almost ten years after the RERA Act, 2016 attention is increasingly moving from developers to the functioning of the regulator itself. (AI image) The Real Estate Regulatory Authority or RERA is in focus again. Recently, the Supreme Court made blunt observations about the role of RERA and its importance. The apex court remarked that the…

There are several changes in the draft income tax rules that impact the way you pay income tax. (AI image) Draft Income Tax Rules 2026: The Income Tax Department has released a new set of draft income tax rules, which once finalised, will be applicable for financial year 2026-27. There are several changes in the…