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equity mutual funds (MFs) delivered negative returns in September. During this period, there were approximately 625 equity and equity-oriented schemes. The HDFC Defence Fund saw the largest loss of around 2.29% during the month. The Bank of India Mid & Small Cap Equity & Debt Fund gave a negative return of around 1.56%. Meanwhile, the Samco Active Momentum Fund lost around 1.30% in September. The Quant Tech Fund and NJ Flexi Cap Fund provided negative returns of approximately 1.20% and 1.19%, respectively.

Eicher Motors shares will be in the spotlight on Thursday after its motorcycle division, Royal Enfield, reported an 11% year-on-year (YoY) increase in total sales to 86,978 units for September, compared to 78,580 units in the same month last year. In the domestic market, dispatches increased 7% YoY to 79,326 units from 74,261 units in the year-ago period, Royal Enfield said in a statement. Meanwhile, exports rose to 7,652 units last month, up from 4,319 units in September last year, marking a 77% YoY increase.

Angel One will be in focus after the market regulator Sebi announced a series of steps to curb derivatives trading, which have an impact on the volumes in the segment. Derivatives segment contributes a significant portion to the overall revenue for brokers given the massive surge in this segment in the recent past.

60 billion euro belt-tightening drive next year to hit new fiscal targets, officials said on Wednesday, outlining an unprecedented push to rein in France's spiralling deficit. Prime Minister Michel Barnier told lawmakers on Tuesday he would reduce the budget deficit — which is set to reach 6.1% of GDP this year — to 5% by the end of 2025 but would have to push back the target date for reaching the euro zone's common 3% deficit goal to 2029 from 2027. Three government officials involved in preparing the 2025 budget said the 60 billion euro ($66 billion) squeeze — equivalent to roughly 2% of GDP — was needed to correct the deficit from where it would otherwise have been if nothing had been done.

New company incorporations declined almost 21% in September from a year before, the third straight month of fall and the steepest so far in this financial year, showed the latest corporate affairs ministry data. However, the registration of limited liability partnerships (LLPs) increased almost 8% year-on-year, maintaining an increase month after month except for the fall in May, the data showed. Experts said company registrations may have already peaked, blaming an unfavourable base (such incorporations had hit a record in 2022-23) for the fall this fiscal.

Hurricane Leslie over the weekend. Tropical Depression 13 has been developed in the eastern Atlantic, which is contributing to a recent boost in the tropical weather landscape. This depression has caused active storms over the past few weeks, and concerns have been raised as well as meteorological agencies-prompted monitoring efforts. Tropical Depression 13 is expecting to be Leslie in the coming days. Hurricane Kirk is also joining with Tropical Depression 13 to enter the region, and another area of concern is emerging near Central America. Meteorologists are suggesting the people stay informed and be prepared for a profound impact regarding the depression, according to Fox Weather. Tropical Depression 13 has developed in the Atlantic Ocean on Wednesday, and it is located 430 miles to the southwest of the Cabo Verde Islands. Presently, the storm is moving to the western side. Tropical Depression 13 is expecting to strengthen its power and will be Leslie, which is the next storm of the season. Forecasts are suggesting that the system will experience gradual strengthening over the next few days. However, Leslie has the possibility to become the next Atlantic hurricane by this weekend.

Walmart’s employees and their dependents are being offered expanded cancer treatment with doctors at the Mayo Clinic through the retailer’s insurance coverage

Sex workers are among those hardest-hit by the mpox outbreak in eastern Congo's Kamituga town

When you’re shopping for a used car, truck or SUV on a tight budget, reliability is critical because you don’t have much money to spend on repairs

A year of war in the Gaza Strip has reverberated across the West Bank, where the World Bank warns the economy is at risk of collapse because of Israeli restrictions barring Palestinian laborers from entering the country to work and the biggest wave of ...

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Subscribe to enjoy similar stories. India could brace for trade and stock market shocks, costlier crude and shipping, fewer jobs for Indians in West Asia and a drag on growth momentum, experts said, as Iran’s direct attack on Israel and the latter’s missile strikes on neighbouring Lebanon spark fears of an all-out conflict. A vulnerable point for the Indian economy, which imports nearly 85% of its crude oil requirement, is energy security, but experts remained optimistic about global powers stepping in to contain the crisis and limit damage to trade and economy.

Subscribe to enjoy similar stories. Mumbai: The capital market regulator’s additional methods to assess credit risks in clearing corporations (CCs) will strengthen the equity derivatives segment in the long term but could increase costs in the near term, according to experts. The Securities and Exchange Board of India (Sebi) had first introduced new stress testing methodologies for determining credit exposure in CCs, including both hypothetical and historical scenarios to calculate potential losses when closing out client positions on October 16, 2023.

Subscribe to enjoy similar stories. The Supreme Court recently reprimanded the ministry of finance for treating Debt Recovery Tribunals as a subordinate entity—a factor that experts say impedes the already overburdened DRTs dealing with hundreds of thousands of pending cases. The rebuke followed a report submitted by the presiding officer of the DRT in Visakhapatnam to the top court, revealing that the quasi-judicial body’s staff had been directed to assist the finance ministry in tasks such as data compilation, undermining the tribunal’s functioning.

Subscribe to enjoy similar stories. Attractive assets typically command higher prices as investors prefer to hold them. However, the landscape of India’s initial public offerings (IPOs) is beginning to reflect a troubling divergence from this age-old wisdom.

Subscribe to enjoy similar stories. Fund managers are hailing financial stocks as their next big theme, but as the saying goes, “the proof is in the pudding". Despite the bold proclamations, the data paint a more cautious picture.

maritime industry expert said on Wednesday. Modernisation and upgradation of Indian shipyards is in progress, while older dockyards are being assessed for reopening and adding more capacities for green shipbuilding given a strong pickup in global demand, said Cristina Saenz de Santa Maria, Regional Manager South East Asia, Pacific & India, Maritime at DNV, a Norway-based testing, certification and technical advisory services provider. «We see great potential in India emerging as a hub for green shipbuilding, driven by its government's strong focus on alternative fuels and renewable energy like biofuels and wind power,» said the industry veteran. The Indian government is encouraging investments and technology transfer from Japanese and Korean shipyards to establish shipbuilding and ship repair clusters in the country. This comes at a time when most traditional shipbuilding yards in Asia are fully booked while demand for green-maritime assets is surging ahead of the phase-based elimination of greenhouse gas emissions by 2050, as set by the International Maritime Organization (IMO).

small cap mutual funds have managed to outperform their respective benchmarks in the month of September. There were 28 small cap funds in the said period, out of which 21 funds managed to outperform their respective benchmarks in the mentioned period. In the other words, only seven small cap funds failed to beat their respective benchmarks. SBI Small Cap Fund offered 2.53% return in September against 1.74% by its benchmark (BSE 250 Small Cap — TRI). Tata Small Cap Fund offered 2.97% return in the same time period against 1.40% by its benchmark (Nifty Smallcap 250 — TRI).

Claudia Sheinbaum was sworn in as Mexico's first woman president on Tuesday, vowing to bolster women's rights and ensure Latin America's No. 2 economy remains a secure destination for international investment. Sheinbaum, a 62-year-old scientist and former mayor of Mexico City, took the oath of office and received the presidential sash in a boisterous ceremony in Mexico's Congress, which marks the start of her six-year term. «It's time for transformation, it's time for women,» she said, her voice rising with emotion.

Square 1 Farmers owner Tim Ryan and Tim Ryan Jr., his son and VP of sales, explain their preparation for supply chain issues ahead of the port strikes and discuss the affect on businesses and consumers.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...