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balanced advantage funds to new and inexperienced investors for a while now. These advisors believe that these schemes are ideally placed to take care of the current market conditions because of their dynamic portfolio. Advisors are also recommending these schemes to investors to park their lumpsum amounts. Balanced advantage funds invest in a mix of stocks, debt, and arbitrage opportunities. These funds decide their equity exposure depending on key market ratios or in-house parameters. They invest less in stocks when the market is very high or valuations are stretched. They invest more in equity when stocks are available at attractive valuations. In short, BAFs do the job of juggling equity exposure for investors. Also Read | 20 equity mutual funds see double digit losses in FY25. Are any of these part of your portfolio?

A digital snapshot of an internal email from the company was circulated by an employee, revealing detailed guidelines on how staff members should configure their devices to receive notifications of calls and messages from their supervisors at all times. One of the initial directives instructed employees to enable the ‘Emergency Bypass’ feature on their iPhones for their managers. This functionality ensures that incoming calls and messages from selected contacts will bypass silent mode, allowing them to be received regardless of the phone’s current settings.

UPI transactions, which are valued at less than Rs 2,000 and are made to small merchants, the acquiring bank and other involved stakeholders will be eligible for an aggregate incentive at the rate of 0.15% per transaction value. According to the circular, “the scheme, which has an outlay of around Rs 1,500 crore for 2024-25, will have the government pay incentive to the acquiring bank (Merchant's bank) and thereafter shared among other stakeholders, namely issuer bank (Customer's Bank), Payment Service Provider Bank (facilitates onboarding of customers on UPI apps and API integrations), and App Providers (TPAPs). As per NPCI (National Payments Corporation of India), P2PM merchants, or small merchants, are those who have a projected inward UPI transaction value of less than or equal to Rs 50,000 per month.

scam text messages about unpaid tolls is sweeping across the U.S., deceiving thousands into sharing personal and financial information. This scam, known as «smishing,» blends «SMS» (text messaging) with «phishing,» a cybercrime where fraudsters impersonate trusted sources to steal sensitive data. In 2024 alone, the FBI logged over 60,000 complaints related to this scam—a number that may be just the tip of the iceberg. As highways transition to cashless tolls, scammers are taking advantage of the shift, exploiting unsuspecting drivers with alarming messages.

ISBT) is set to become more efficient and commuter-friendly. The terminal will soon have real-time bus updates, estimated wait times, and improved turnaround time through digital displays and SMS alerts. According to a PTI report, the ISBT will introduce an Automated Bus Bay Allotment System to reduce congestion, optimise space, and improve real-time passenger information services. The system will also use Fastag-based entry and exit management to streamline traffic flow. To implement these upgrades, the Delhi Transport Infrastructure Development Corporation Limited (DTIDC) has issued a Request for Proposal (RFP) for the design, supply, installation, and maintenance of the system.

Criterion Collection has announced physical media releases of the film, with pre-orders available before the official release date.

The RBI report stated that India’s external sector continues to find support from resilient services exports, which remain less affected by global disruptions. “Going forward, India’s structural strengths—sound fiscal policies, a well-calibrated monetary framework, and digital transformation initiatives—are expected to provide a strong foundation for long-term sustainable economic growth,” the report stated. The RBI lowered the benchmark policy rate by 25 basis points to 6.26% in February, and the easing inflation print triggered economists to forecast another 25 bps cut in rates in April, according to an ET poll of 12 economists. After taking charge, President Donald Trump announced a series of tariff proposals leading to uncertainty on growth in both emerging and advanced markets. The pass-through of higher tariffs to consumer prices would be a key risk to global inflation, and central banks in advanced economies would have to factor in a potential slowdown in growth.

India’s BPM industry has long been a global leader, but industry veterans insist that what we see today is merely the tip of the iceberg. With rapid technological advancements, AI integration, and a workforce that must keep pace, the sector is on the brink of a transformative shift.

$2.52 after the U.S. Securities and Exchange Commission (SEC) dropped its appeal against Ripple. This decision marks a major legal win for the blockchain company and has fueled a sharp rise in XRP’s price. Investors are now speculating on the future of XRP and what this means for the broader crypto market.

In her Mansion House speech in November last year, Chancellor of the Exchequer Rachel Reeves said the government intended to trial a pilot digital gilt instrument (DIGIT) issuance using DLT. In an update on Tuesday (18 March), Reeves added that the government was engaging with the UK Debt Management Office (DMO) «to understand what technological options are available to facilitate an issuance» and how DIGIT can «best be designed to stimulate wider development and adoption of DLT infrastructure across UK capital markets». FCA launches AI Lab to bolster innovation and development in fin...

salary growth over the next 12 months, as organisations adapt to evolving talent demands and navigate macroeconomic challenges, a report said on Wednesday. In India, GCCs are seen as the top payers, outpacing traditional IT services in pay parity and growth, and are expected to give 9.8 per cent salary growth over the next 12 months, 'India's Talent Takeoff — The GCC 4.0 Story' report by digital talent solutions provider NLB Services said. «With India hosting over 55 per cent of the world's GCCs and projected to reach a market size of USD 110 billion by 2030, these centres have become critical nodes for organisations seeking agility, cost efficiency, and access to a vast talent pool. This growth trajectory is now translating into significant salary increases for employees, especially for specialised skills which are commanding higher premiums than ever before,» NLB Services CEO Sachin Alug said. However, he said, despite this strong momentum, gender-based disparities still require attention, with women earning approximately 75-85 per cent of male salaries on average, a gap which further widens at senior positions, reflecting the limited representation in leadership roles.

Subscribe to enjoy similar stories. Comparison advertising is getting more confrontational as brands work harder to catch consumers’ attention, while the general tone of social media lowers the barrier to trading insults. Attack ads, of course, are almost as old as advertising itself.

Microsoft cofounder and philanthropist Bill Gates met prime minister Narendra Modi on Monday to discuss collaboration across the fields of artificial intelligence (AI), healthcare and agriculture, as well as on the digital infrastructure front. Union minister Ashwini Vaishnaw said a memorandum of understanding (MoU) between the India AI Mission and the Gates Foundation is expected soon. “AI solutions for better crops, stronger healthcare, smarter education, and climate resilience—MoU soon between India AI Mission and the Gates Foundation,” Vaishnaw posted on X.

defence stocks attracted strong investor interest, with gains of up to 19%. Garden Reach Shipbuilders & Engineers led the rally, followed by Ideaforge Technology, Mazagon Dock Shipbuilders, Bharat Dynamics, and Cochin Shipyard, which saw gains ranging from 8% to 14%. There were no losers in the 16-stock Nifty India Defence Index which was 5% higher today.

IT company Happiest Minds on Wednesday announced top-level changes in its organisational structure, appointing Ashok Soota as chairman and chief mentor. Joseph Anantharaju, who was executive vice chairman, has been elevated to co-chairman and chief executive officer of the IT company. He will drive all the business divisions of Happiest Minds, including product and digital engineering services, infrastructure management, and the generative AI business. Meanwhile, Venkatraman Narayanan has been appointed managing director and chief financial officer. He will lead finance, talent acquisition, internal IT, the environmental, social, and governance (ESG) unit, and CSR.

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Subscribe to enjoy similar stories. The last couple of decades have witnessed a digital revolution that has completely transformed daily life. From grocery shopping to banking, every task is now just a tap away.

One Mobikwik Systems, the parent company of digital payments provider MobiKwik, jumped 19% on Wednesday, March 19, to Rs 355 on the BSE, building on a 20% rally from the previous day when the stock hit the upper circuit. The gains come after a sharp 15% decline on March 17, when the stock hit a 52-week low of Rs 231 following the expiration of a three-month IPO lock-in period. The stock has gained 43% over the past two trading sessions, erasing its losses from earlier in the week. The expiry of the lock-in period on March 17 unlocked 46 lakh shares, or about 6% of the company's outstanding stock, making them eligible for trading.

trade for investors while China is a tactical trade. However, to maintain this investor confidence and accelerate its economic trajectory, it may be argued that India needs to undertake key reforms rather than rely on external factors.

Subscribe to enjoy similar stories. At every dinner party, Aaron ‘Ronnie’ Chatterji, OpenAI's first chief economist, faces a typical question: “Is AI going to affect my job? What’s it going to do to the economy?" He says it's hard to give a straight answer simply because of the widely varying predictions. “Some Nobel Prize-winning economists estimate AI’s impact on GDP in the low single digits, while others expect double-digit growth.

Siemens will cut 5,600 jobs from its flagship digital industries business, the German engineering company announced on Tuesday, saying it was adjusting its production capacity in line with weak demand. Siemens said «muted demand primarily in the key markets of China and Germany coupled with increased competitive pressures have considerably reduced orders and revenue in the industrial automation business» over the last two years. Global demand for automation technology is intact over the long term, Siemens said, but the company had to adjust its production capacity in line with market conditions. The job cuts were first flagged by Siemens last November, while in its latest quarter Siemens reported big drops in sales and profits at the division, as Germany, China and Italy all struggled. Digital Industries employs about 68,000 people worldwide, with 2,600 of the axed jobs coming in Germany.