Business

The industry's average AUM stood at Rs 82,01,174.62 crore for the month. Investor participation remained strong, with total mutual fund folios increasing to 26.63 crore as of January 2026, reflecting the addition of 50.6 lakh net folios during the month.

India aims to focus on domestic manufacturing of sintered rare earth permanent magnets used in electric vehicles as part of a broader push to deepen its electric mobility, clean manufacturing ecosystem and reduce import dependence, Union Heavy Industries Minister HD Kumaraswamy said today.

Speaking at a release event of 'Viksit Bharat & Net Zero' sectoral reports on Transport, Industry and Power, Bery emphasised the need for greater clarity in India's climate and energy policy framework, invoking the Tinbergen Assignment Rule to argue that policymakers must clearly align policy instruments with well-defined goals.

Indian family-owned businesses are entering the coming years with strong confidence and ambitious expansion plans, even as they remain cautious in adopting new technologies, according to a survey report by PwC.

"India's exports is around $45 billion, so we expect Tamil Nadu to be at least around the $18 billion mark, again being the number one state to export electronics out of India," said the Minister. He made these remarks while speaking at the 15th edition of the ELCINA (Electronic Industries Association of India) Source India expo held in Chennai.

Diversification has emerged as the critical strategy for the broking industry to shield against policy shifts, with firms maintaining multiple revenue sources proving more resilient than standalone entities. According to a release from Crisil, this trend follows a proposed increase in the securities transaction tax (STT) on derivatives in the Union Budget 2026-27 and significant regulatory changes by the Securities and Exchange Board of India (SEBI).