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Time of India
13-07-2025
- Politics
- Time of India
ChiPak Plan: Nepal indifferent on possible South Asian union without India, keen on Saarc
New Delhi: Nepal, as the current Saarc chair and country that hosts the Saarc Secretariat, is not enthusiastic about a recent move by China and Pakistan to create a possible South Asian union without India . Kathmandu is keen that Saarc be revived with full participation of India, ET has learnt. China has not yet approached Nepal with its proposal, but Kathmandu has little enthusiasm for such a move, indicated people in the know. Kathmandu-based sources told ET that Nepal has been a strong believer in Saarc and is hopeful that the process can be revived for a robust region and is not keen at this stage to join any South Asian platform minus India. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Eating This Daily Helps Empty Your Bowels Every Morning Gundry MD Learn More Undo The last Saarc summit was held in Kathmandu in 2014. The 19th Saarc Summit, planned for Islamabad in 2016, was postponed due to India's decision not to participate following the Uri terror attack. China and Pakistan are trying to put together trilaterals of like-minded countries in South Asia to create a larger regional grouping minus India. Bhutan, a close partner for India, is unlikely to be approached with the proposed idea. Live Events Last month, China hosted foreign secretaries of Pakistan and Bangladesh in the first-ever trilateral format.


Time of India
10-07-2025
- Business
- Time of India
Equity MFs see surge in inflows to Rs 23,587 crore in June
Mumbai: Investments in equity mutual funds rebounded in June after five consecutive months of declining inflows. Net inflows surged to ₹23,587 crore during the month, marking a 24% jump over May's ₹19,013 crore, driven by fresh subscriptions to flexi-cap, mid-cap and small-cap schemes. While debt mutual funds saw outflows, a buoyant equity market and pick-up in retail participation helped the industry's net assets under management (AUM) scale to a new all-time high of ₹74.41 lakh crore in June, up from ₹72.20 lakh crore in May. The reversal comes after inflows had steadily fallen from ₹39,688 crore in January to ₹19,013 crore in May. It was the 52nd consecutive month of flows into equity schemes since March 2021. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Seniors: Don't Drink Apple Cider Vinegar For This Reason Gundry MD Learn More Undo Agencies Record SIPs Systematic Investment Plans (SIPs) remained a major driver of retail flows into equity funds. SIP contributions rose to a record ₹27,269 crore in June, up 2.2% from ₹26,688 crore in May. The number of contributing SIP accounts increased from 8.56 crore in May to 8.64 crore in June. Live Events SIP AUM stood at ₹15.31 lakh crore in June, accounting for 20.6% of the industry's total assets, higher than 20.2% in May. A total of 61,91,178 new SIPs were registered during the month. Investor sentiment remained positive despite global uncertainties, with market gains helping equity flows. The NSE's Nifty gained 2.7% and the BSE's Sensex rose 3.1% in June. New Fund Offers (NFOs) also aided inflows in equity funds. NFOs raised ₹1,986 crore across 20 new open-ended schemes in June. In the equity category, flexi cap funds registered highest inflows of ₹5,733 crore, followed by small cap funds that recorded inflows of ₹4,024 crore. Total mutual fund folios climbed to 24.13 crore as of June, reflecting continued investor interest. Retail mutual fund folios (equity, hybrid and solution-oriented schemes) rose to 19.07 crore in June from 18.84 crore in May, while retail AUM grew to ₹43.99 lakh crore from ₹42.20 lakh crore a month earlier. Hybrids Arbitrage funds contributed ₹15,584.57 crore - the most among hybrid-based funds - though inflows were marginally lower compared with May. The inflows in multi-asset allocation funds that invest in equity, debt and gold grew 9.7% to ₹3,209.9 crore in June. In June, Gold ETFs witnessed inflows of ₹2,080 crore, up 613% from ₹292 crore recorded a month ago. "Almost a 10 times jump in gold ETF inflows suggests investor desire to diversify their asset allocations in an uncertain global environment and hedge against any global volatility," said Sumit Bhatnagar, Fund Manager - Equity at LIC MF. Debt Funds Debt mutual funds recorded net outflows of ₹1,711 crore in June, with liquid funds recording the most outflows. Liquid Funds saw the highest outflows at ₹25,196 crore, largely driven by corporate advance tax payments, though this was 37% lower than May outflow of ₹40,205 crore. Overnight Funds also remained negative with ₹8,154 crore in outflows. While the debt segment largely remains influenced by liquidity and rate expectations, shorter-duration funds benefited from investor preference for relatively safer avenues amid interest rate uncertainties. Ultra Short Duration Funds grew 59% to ₹2,944 crore. Short Duration Funds jumped 474% to ₹10,277 crore from ₹1,790 crore in May.


Time of India
02-07-2025
- Automotive
- Time of India
Gabriel India shares surge 44% in 2 days, hit 52-week high on restructuring plan
Shares of Gabriel India surged 20% on Wednesday to hit a fresh 52-week high of Rs 1,011.45 on the BSE, extending their two-day rally to 44% as investors cheered the company's recently announced strategic restructuring plan. The rally, which began on Tuesday, July 1, was triggered by Gabriel India's announcement of a composite scheme of arrangement approved by its Board of Directors on June 30. Under the scheme, Gabriel will consolidate key group operations by absorbing the automotive business undertaking of Asia Investments Private Limited (AIPL), including its subsidiary Anchemco India Private Limited. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like My Doctor Told Me To Take A Spoonful Of This Every Morning. (The Results Were Crazy) Gundry MD Learn More Undo The acquired business spans product lines such as brake fluids, radiator coolants, diesel exhaust fluid (DEF or AdBlue), and PU/PVC-based adhesives. The deal also brings under Gabriel's fold AIPL's strategic investments in Dana Anand India Private Limited, Henkel ANAND India Private Limited, and ANAND CY Myutec Automotive Pvt Ltd. To facilitate the merger, Gabriel will issue 1,158 equity shares of Re 1 each for every 1,000 equity shares of Rs 10 each held in AIPL by its shareholders. Stock on a tear Live Events On Tuesday, the stock had already surged 20% to Rs 842.75 in early trade, rising sharply from its previous close of Rs 668.70. Since then, buying interest has intensified. With Wednesday's gains, Gabriel India's share price has now climbed 110.4% over the past year, risen 101.8% in the last six months, jumped 70.7% in the past three months, and added 53.6% over the last month alone. Technical indicators flash overbought From a technical perspective, Gabriel India remains in strong uptrend territory. The stock is trading above all key short-term and long-term moving averages, including the 5, 10, 20, 30, 50, 100, 150, and 200-day SMAs, signaling entrenched bullish momentum. However, some caution may be warranted. The 14-day Relative Strength Index (RSI) stands at 84, significantly above the threshold of 80, indicating the stock is now in overbought territory and may be due for a pullback. At current levels, Gabriel India trades at a price-to-earnings ratio of 41.18 and a price-to-book ratio of 8.53, reflecting elevated investor expectations and strong sentiment following the restructuring plan. Also read | Gabriel India share price surges 20%, hits 52-week high on strategic restructuring plan ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)


Time of India
30-06-2025
- Entertainment
- Time of India
'Things seem different': Taylor Swift and Travis Kelce's NYC date sparks speculation of major change in their relationship amid Blake Lively–Justin Baldoni legal drama
Taylor Swift and Travis Kelce's recent date night in NYC has sparked speculations.(Image via Ed Zurga/AP Images) Travis Kelce and Taylor Swift have made a number of public appearances together in the last few weeks even though the couple were initially trying to keep things private earlier this year. With their recent date night in New York City, Taylor Swift and Travis Kelce shocked fans as it was days after they were spotted in Nashville together. But it seems their date night in New York has sparked panic among fans. Is there something more happening in Taylor Swift and Travis Kelce's life? Fans believe so Dressed in a white mini dress, Taylor Swift looked stunning as she walked the streets of New York, hand in hand with her boyfriend, Travis Kelce. But it has sparked a speculation among fans. A fan by the username @chiefswiftie took to X and wrote, 'Same like something is coming soon', while another fan by the username @CarrieO318 commented, 'Something seems to have shifted. I can't explain it, but things seem different.' A third fan by the username @ridenour_kathy posted, 'I think so too prob before training camp. As much in love as they are - why wait. I think they will be doing as much as they can together till then.' Fans are panicking about Taylor Swift and Travis Kelce's recent date night in NYC.(Image via X) Another user by the username @marlasversion took to X and posted, 'Definitey cause we never saw her and she stayed hidden from large media for months and now all of a sudden she's everywhere'. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like U.S. Cardiologist Warns Aging Seniors About Blueberries for Breakfast GundryMD Learn more Undo While there have been rumours of a potential engagement happening this year, both Taylor Swift and Travis Kelce have stayed silent and continued to focus on their relationship. Taylor Swift is seemingly stressed about the Blake Lively-Justin Baldoni legal mess as Travis Kelce stands by her Taylor Swift has also been dealing with emotional distress as her name continues to be attached to the Blake Lively-Justin Baldoni, with now Baldoni's legal team getting access to go through her private chats with Lively, as per a recent ruling by a judge. But Travis Kelce has been a huge support to the billionaire pop star as she navigates her life amid the legal mess. As for Travis Kelce's relationship with Taylor Swift, according to the Daily Mail, a source has revealed that, 'Taylor and Travis are treating this relationship as their last relationship, and when they get engaged, when they get married and when they start a family, it will be exactly when it is meant to happen.' Also Read: "If there is a loophole": Taylor Swift's family may intervene in Blake Lively–Justin Baldoni drama as Travis Kelce stands by her Game On Season 1 continues with Mirabai Chanu's inspiring story. Watch Episode 2 here.


Time of India
30-06-2025
- Time of India
Gmail's AI upgrade raises privacy concerns- here's what it's all about
Google just gave you a big choice if you use Gmail , which has 2 billion users. AI-powered features promise to make email easier and smarter, but they also come with real privacy costs. And it might not be easy to go back once you sign up. Experts say that the risk of data exposure is higher. Before opting in, users must know what it means and change their settings. Why is Google pushing Gmail users toward AI upgrades now? Google's new Gmail updates add powerful AI features, but they also raise serious privacy issues. Google's Gemini integration processes email data off-device, even though users are told to use passkeys for security. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like "If I could Only Eat 3 Things To Stay Healthy, Here's What I'd Choose" Gundry MD Learn More There is a new warning that does affect you and your account, even though these only affect a small percentage of users. If you choose incorrectly, Google's upgrades could have major repercussions, as per a report by Forbes. A LSO READ: Homeland Security Kristi Noem got $80K from dark money group, but hid it from federal disclosure forms Live Events Every recent headline Attacks on Gmail take advantage of Google's legitimate infrastructure to either get around password and two-factor authentication (2fA) security or impersonate Google staff to fool users into giving attackers access to their own accounts. In place of passwords and two-factor authentication, Google advises all users to update their accounts and add passkeys. Other upgrades are available, though, such as AI, which is thought to be the most intrusive platform in terms of privacy; Meta AI (Meta) is the worst, followed by Gemini (Google) and Copilot (Microsoft). This includes off-device AI, which processes data in a different location. This has significant ramifications for the quicker integration of Gmail and Gemini. The warning is the same whether AI-powered smart replies or AI-powered relevancy searching are used. It is Google's servers, not your device, that process this AI data, as per a report by Forbes. How does Gemini AI affect your inbox privacy? These Gmail AI enhancements have obvious privacy implications and are take it or leave it offers. You have no control over how your data is accessed or processed. You can manage AI settings in your account, like what is saved and used for training, but offline processing is how it all works. Can you control how much Gmail's AI sees and stores? This is different from WhatsApp's own AI upgrades, which promise user data is not processed outside their own security enclave and is never visible to anyone else. Regarding Gmail's own AI enhancements, the same guarantees cannot be given. Since Google cannot see those emails to process them, Gmail's AI upgrades do not function with Gmail's quasi end-to-end encryption. Although Meta does not own an operating system or the platforms that power billions of lives, it performs worse than Google in this new report. Since AI is integrated into the platforms we rely on with all of our most private and sensitive information, the obstacles are greater for Google, Microsoft, and Apple. Google users have been warned about a number of privacy and security issues, including granting AI access to entire inboxes and even Drive. According to Incogni, "the potential for unauthorized data sharing, misuse, and personal data exposure has increased faster than privacy watchdogs or assessments can keep up with as these sophisticated models become increasingly integrated into daily workflows." FAQs Is using Gmail's new AI features safe for my personal information? While AI features can be useful, they process your emails off-device, which raises privacy concerns. Before proceeding, you should review and manage your data-sharing settings. Can I say no to Gmail's AI updates? Yes, you can opt out. However, some AI-based functions may not work unless you grant specific permissions. Always check your privacy settings before enabling anything new.