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Business

10-Year Data Shows Mutual Funds Often Outperform PMS in India

A 10-year analysis comparing 79 equity mutual funds and 73 portfolio management services (PMS) schemes in India reveals that despite PMS targeting high-net-worth individuals with bespoke strategies, higher entry costs and concentrated stock selections do not guarantee better returns. Data from ICRA and PMS Bazaar as of August 31, 2026, shows mutual funds often deliver competitive or superior annualized returns across various equity categories.

Hindu Business·15h ago

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Entertainment

Avengers Endgame Encore Tops Box Office with $86M Global Opening

Avengers: Endgame Encore, the re-release of the Marvel Cinematic Universe's highest-grossing film, returned to theaters with bonus scenes and a new ending. It earned $26 million in North America and $60 million overseas, totaling an $86 million global opening weekend—the highest ever for a re-release. This success precedes the upcoming Marvel film Avengers: Doomsday, set for December.

HT Entertainment·1h ago

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Science

India Must Train Higher Education Faculty for AI Era

India faces a critical shortage of qualified higher education faculty, with many classrooms staffed by overworked, ad hoc lecturers. To address this, experts recommend a dedicated one-year Postgraduate Diploma in Higher Education Pedagogy tailored for the AI era. The Supreme Court has mandated all Higher Educational Institutions to fill vacant teaching posts within four months to improve teaching quality amid the rise of Generative AI.

Hindu Science·10h ago

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World

Lovely Professional University Suspends Classes, Postpones Exams Amid Unrest

Punjab's Lovely Professional University (LPU) has suspended classes for 10 days starting September 28, 2026, and postponed mid-term exams due to widespread student unrest following an alleged rape incident on campus. The university will announce a revised exam schedule via its University Management System. Students may travel home with parental consent or stay in hostels, avoiding unrest-related activities.

NDTV·1h ago

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Business

Nationwide Bank Strike Postponed After IBA-UFBU Talks

The nationwide bank strike scheduled from September 28 to 30 has been postponed following a meeting between IBA and UFBU on September 27. They agreed to continue discussions on five-day banking, Saturday holidays, the PLI scheme, and other pending issues. The postponement prevents disruption to pensions, salaries, cheque clearances, cash withdrawals, and other banking services. However, no final decision has been made on five-day banking or the PLI scheme yet.

News18Hi Business·32m ago

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Science

Rare Waterspout Spotted in Samastipur, Bihar

On September 26, a rare waterspout was observed in the Mohiuddin Nagar block of Samastipur district, Bihar. This unusual natural phenomenon, stretching from the water surface to the clouds, astonished local residents and attracted significant curiosity. The India Meteorological Department (IMD) Patna also shared information about the event on social media, highlighting its rarity in the region.

Zee News Hindi·23m ago·Samastipur

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