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AUM ₹ 919,519.99 crore (as on 31-Mar-2024) No. of schemes 116…
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- Alphabet made 100x on SpaceX, now Nvidia reveals $21 billion stake: Why Musk’s AI push matters
Alphabet's $900 million investment in SpaceX has grown over 100-fold, reaching $94 billion. Nvidia holds a $21 billion stake as SpaceX expands its AI business and infrastructure.
- Paytm shares jump 11% this week, biggest weekly gain in 4 months; what's driving rally?
Paytm's parent, One97 Communications, saw an 11% gain this week, attributed to positive investor sentiment after favourable developments. Bernstein raised its target price to ₹2,200, while JM Financial lifted it to ₹1,950, highlighting potential earnings growth from UPI monetisation.
- Equity inflows power ₹9.5 lakh crore jump in mutual fund AUM since last Independence Day
The Indian mutual fund industry has surged to ₹85.76 lakh crore by July 2026, with millennials driving the trend towards equities. Over the past five years, equity fund assets have increased by 227%, highlighting the shift from traditional deposits to mutual fund investments.
- Anthropic IPO: AI firm could hit $2 trillion valuation, but ‘would it stay there?’ investor asks
As Anthropic aims for a massive IPO, sources indicate a potential $200 billion revenue by 2028, surpassing its current $47 billion. Investors look to peers like Palantir and SpaceX for valuation benchmarks amidst rapid growth fueled by significant investments in AI technology.
- Independence Day 2026: ₹89 to ₹1,54,500 — gold price rises 1,73,500% in 79 years; here's how
Independence Day 2026: Gold rate today in the retail market is around ₹1,54,500/10 gm, whereas it was ₹89 per 10 gm when India became an independent nation in 1947