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Business

India's SIP Flows Hit Record ₹32,297 Crore Despite Market Correction

Systematic Investment Plan (SIP) contributions in India reached a record ₹32,297 crore in August 2026, the highest monthly inflow ever, despite a 10% correction in benchmark equity indices over two years. However, many investors are stopping or cancelling SIPs, with 5.38 million SIPs discontinued or matured recently. Some investors have held investments for less than two years, indicating churn beneath the net growth.

Mint Markets·

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Politics

Rahul Gandhi Waves National Flag During INDIA Bloc Protest; Priyanka Gandhi Detained

Opposition INDIA bloc leaders, including Rahul Gandhi and Priyanka Gandhi Vadra, marched to the Election Commission of India headquarters demanding the resignation of Chief Election Commissioner Gyanesh Kumar. The protest was over alleged irregularities in the Special Intensive Revision (SIR) of electoral rolls. Rahul Gandhi climbed a barricade and waved the national flag during the demonstration, while Priyanka Gandhi was detained.

Zee News Hindi·

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Business

Aviation Minister Discusses High Jet Fuel Prices with Airlines and OMCs

Civil Aviation Minister K Rammohan Naidu stated that the ministry is in talks with airlines and oil marketing companies regarding the rising prices of Aviation Turbine Fuel (ATF) caused by the West Asia crisis. ATF accounts for about 40% of airline operational costs. IndiGo recently increased fuel surcharges due to volatile and high jet fuel prices, which have risen over 14% month-on-month.

Business Standard··New Delhi

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Entertainment

Jeffrey Archer Dies at 86, Renowned Author of Kane and Abel

Lord Jeffrey Archer, a bestselling author since 1974, passed away at age 86. His works, including Kane and Abel and The Clifton Chronicles, have been translated into multiple languages and adapted for screen, television, and radio. Known for his simple writing and clear moral themes, Archer's novels offered readers a sense of justice and comfort amid a changing world.

HT Health·

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Business

Rupee Hits 2-Month Low Amid Portfolio Outflows, RBI May Intervene

The Indian rupee fell to its weakest level in over two months due to sustained foreign portfolio outflows. This decline has raised expectations of intervention by the Reserve Bank of India. Analysts predict a cautious rupee depreciation over the next year, supported by positive capital inflows into foreign reserves.

ET Markets·

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