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Aditya Agarwala, Invest4edu, says «the top sectoral funds for me would run the gamut of sectors allowing us to take exposure in these sectors, keep us well covered and diversified as well. So Bandhan Financial Service Fund, Tata Digital India Growth Fund, Quant Manufacturing Fund and Nippon India Innovation Fund stand out according to me.» Agarwala also says: «NFOs do not give any extra advantage over and above your existing mutual fund schemes which are there, so that myth that you should put money in an NFO just because the NAV is trading at 10, that is wrong. Plus, the expense ratio is slightly higher if you invest in an NFO. It is just that these funds, some of them are new and innovative and maybe they give you an exposure to the sectors which otherwise most of these schemes and mutual funds do not give you an exposure to.» How has the year been as far as the launch of NFOs are concerned? It has been a fabulous year both on the front of NFOs and IPOs markets have been buzzing around and people have welcomed the NFOs as well but slightly lower as compared to 2022, I guess but very marginally.

Google will pay a penalty of $700 million and rework its Android Play Store policy to settle an antitrust lawsuit in the United States. While the deal was finalised in September, the final terms of the settlement were revealed on December 19, when documents were filed in San Francisco federal court.

Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store — the same issue that went to trial in another case that could result in even bigger changes

The Biden administration is moving to conserve old-growth forests on national forests and limit logging as climate change amplifies the threats they face from wildfires, insects and disease

Tesla has found itself locked in an increasingly bitter dispute with union workers in Sweden and neighboring countries

debt management remains a major issue for these organisations' growth and viability. B2B debt is common in SMEs due to credit sales, late payments, and long credit terms with clients and suppliers.

By Stella Qiu

A divided Colorado Supreme Court on Tuesday declared former president Donald Trump ineligible for the White House under the U.S. Constitution’s insurrection clause and removed him from the state’s presidential primary ballot, setting up a likely showdown in the nation’s highest court to decide whether the front-runner for the GOP nomination can remain in the race.

Colorado Supreme Court on Tuesday declared former President Donald Trump ineligible for the White House under the U.S. Constitution's insurrection clause and removed him from the state's presidential primary ballot, setting up a likely showdown in the nation's highest court to decide whether the front-runner for the GOP nomination can remain in the race. The decision from a court whose justices were all appointed by Democratic governors marks the first time in history that Section 3 of the 14th Amendment has been used to disqualify a presidential candidate.

Iosco says that its recommendations should support greater consistency of regulatory frameworks and oversight for the nascent sector in member jurisdictions. They cover six areas: understanding DeFi arrangements and structures; achieving common standards of regulatory outcomes; identification and management of key risks; clear, accurate and comprehensive disclosures; enforcement of applicable laws; and cross-border cooperation. The DeFi recommendations compliment others for crypto and digital asset markets issued last month. Jean-Paul Servais, chair, Iosco, says: "The risks of crypto-asset markets are real and we are tackling these in a coordinated manner, seeking consistent implementation of these Iosco Recommendations across our membership to best protect investors globally."

₹58,378 crore in FY24. A significant portion of it will go towards fertilizer subsidies and Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA). On 6 December, minister of state for finance, Pankaj Chaudhary, presented the first set of additional spending requests seeking the Parliament’s approval on behalf of the Centre.

There are various ways to keep your body warm in this bitterly cold season of the year but the best solution is always a room heater. The India Meteorological Department has said that North India might record colder weather in upcoming months due to a further drop in mercury by two to three degrees. Weather can be unpredictable, it’s better to be prepared now.

₹1.5 trillion in the April-October period. This tax is levied as special additional excise duty and revised nearly twice a month. During April-October, the highest rate of windfall tax on crude oil was ₹12,100 a tonne, levied in the fortnight starting 30 September.

NEW DELHI : Jubilant FoodWorks Ltd, which operates master franchise rights from Domino’s Pizza in India, has announced a brand refresh for its flagship pizza brand that involves upgrading hundreds of pizza stores, apart from new packaging and a marketing campaign as the company hopes to get more consumers to choose pizza over local food. “India is a $50-billion food services market; pizza is only a $1-billion market. Our job is to gain share from dosa-sambar, vada pav, samosa, etc.

India is negotiating free trade agreements with the European Union (EU), the UK, Sri Lanka, and Peru, according to a year-end review statement of the commerce ministry. India-European Union (EU) free trade agreement negotiations were formally re-launched on June 17 2022.

The expansion of the SEC’s Rule 35d-1, the “Names Rule,” to include ESG terms has led to the launch of a new tool to help asset managers and financial advisors assess compliance.

Vivaad Se Vishwas scheme which was launched this year to settle contractual disputes and claims of Micro Small and Medium Enterprises and (MSMEs) who failed to comply with central government contracts during Covid period, Finance Ministry said Tuesday. The centre has received over 900 claims worth Rs. 20,000 crore under the Vivaad Se Vishwas scheme (II) for contractual disputes out of which it has settled claims worth Rs.

The new telecom bill is a big improvement over the law covering this vital part of national life that, at present, lies fragmented in terms of being contained in separate statutes and in terms of coherence. It is welcome for prioritising the efficiency needs of the sector over partisan political considerations. Allocation of satellite spectrum by administrative means rather than compulsorily via auctions is the sensible way to go about it, even if it cuts the ground from under the feet of the so-called Devas scam alleged against the UPA government.

Geojit Financial Services, commented, "This, along with short covering and reasonable valuations, will keep this segment strong." The Nifty Bank has gained approximately 11 percent in the year-to-date period in 2023 and the last 12 months. In comparison, the benchmark Nifty has rallied 18 percent in the year-to-date period and 17 percent in the last 12 months. Analysts emphasise the importance of the banking index's performance for the overall health of the Indian market.

FRANKFURT (Reuters) -The European Central Bank said on Tuesday it had raised capital requirements for 20 banks after judging they had not set aside enough cash to cover for loans that had gone unpaid, a key concern for supervisors at a time of high borrowing costs.

home insurance plan is so beneficial for you and your family: Damage to the property is one of the biggest worries for homeowners. Damage can happen due to minor accidents within the house or due to larger factors such as a fire. Though you are surely careful, some eventualities are out of your control.