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Top 5 FoFs With Best Returns in 5 Years: Mutual funds invest in stocks or underlying assets. But fund of funds (FoFs) are different as they invest in mutual fund schemes of the same or a different fund house. Through a FoF, an investor can also get exposure to international funds, assets, commodities, and indices….
State-run mining giant Coal India Limited (CIL) on Wednesday declared a final dividend of ₹5.15 per share for the financial year 2024-25. The Board approved the dividend in a meeting held on May 7, 2025. Dividend payment date details According to the company, the dividend amount will be paid within 30 days from the date…
‘Do Not Travel’: The US mission in Pakistan issued a security alert to American citizens on Wednesday, advising them to depart from areas of active conflict zones. This came hours after the Indian armed forces launched Operation Sindoor, targeting nine high-value terror locations in Pakistan and Pakistan-occupied Kashmir (PoK) in retaliation for the Pahalgam terror…
Google has introduced a new feature called Simplify in its iOS app, designed to help users better understand complex text online. This feature uses Google’s Gemini AI model to generate simpler versions of highlighted text without leaving the current web page, as per The Verge. The Simplify feature can be accessed by highlighting any text…
Corporate transport solutions provider Routematic raises $40 million Routematic, an AI-driven corporate transport-as-a-service startup, has raised $40 million in Series C round of funding, the company said in a statement today, May 7. The fresh round was led by Fullerton Carbon Action Fund and Shift4Good. Founded in 2013, Routematic is redefining corporate transportation with a…
Flipspaces, an interior design startup, has raised $35 million funding led by tech growth investor Iron Pillar, according to a company’s statement. The round also saw participation from existing investors Prudent Investment Managers and Synergy Capital. The startup plans to use the funding to accelerate growth across India, US and UAE, strengthen Flipspaces’ technology and…
Geopolitical tensions between India and Pakistan have historically caused initial jitters in the Indian stock markets. However, data shows that these pullbacks are typically short-lived and are often followed by sharp rebounds, supported by India’s strong macro fundamentals and economic momentum. Operation Sindoor: A familiar pattern On May 7, 2025, India conducted ‘Operation Sindoor’, a…
BSE shares in Wednesday’s session (May 7, 2025) ended higher by nearly 7 per cent or Rs 425 at Rs 6,67 after the country’s oldest exchange posted better-than-expected Q4 earnings. In intra-day deals, the stock zoomed to the day’s high price of Rs 6,847.50, rallying 9.65 per cent. For the March quarter, the company’s consolidated net profit…
SIP investment for 30 years: Systematic Investment Plan, commonly known as SIP, is a market-linked investment strategy that is popular among those investors who aim to build a substantial corpus in the long term and are capable of taking risks. An SIP in mutual funds allows investors to invest a fixed amount at regular intervals…
In a significant military move, the Indian Armed Forces launched Operation Sindoor in the early hours of Wednesday, targeting terror infrastructure in Pakistan and Pakistan-occupied Kashmir (PoK). The strikes come in response to the recent terror attack in Pahalgam, which claimed multiple lives and triggered a strong nationwide outcry. Following the joint military offensive, authorities…
