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Motilal Oswal Mutual Fund has launched Motilal Oswal Developed Market Ex US ETFs Fund of Funds, an open-ended fund of funds scheme investing in units of Global ETFs which track the performance of developed markets excluding US. The new fund offer or NFO of the scheme is open for subscription and it will close on September 21. The performance of the scheme will be benchmarked against S&P Developed Ex-U.S. BMI Total Return Index. The scheme will be managed by Ankush Sood (foreign investments), and Rakesh Shetty (debt investments).

«So, you have seen the supply come to a level where the incremental new supply is just barely 2% to 6%. It is a fairly stable supply environment and the demand environment is very strong and also fairly long term. So, this is a structural story, not just a cyclical story,» says Ashish Jakhanwala, SAMHI Hotels.I want to understand from you which phase of the business cycle in your mind is the hotel sector right now. Some say that it is coming out of a 10-year bad cycle, so now that it has only been one or two years then, now there are still three-four years to go at least because it is a cyclical industry, but this time there are very strong structural tailwinds. To your mind, how is the visibility on the cycle front?So, I think you are absolutely right.

Imphal Valley districts on Tuesday as Meira Paibi, a collective of Meitei women, and five local clubs called for a 48-hour bandh from midnight demanding the release of five youths who were arrested for carrying firearms and sporting camouflage uniforms, officials said. Markets and commercial establishments remained closed and few vehicles plied the roads on Tuesday morning. Supplementary examinations of all subjects of class 10 board exams of Board of Secondary Education, Manipur, scheduled on Tuesday and Wednesday, were cancelled in view of the bandh.

Ratings agency Moody’s says Fortescue’s high rate of executive turnover is negative for its credit rating, but expressed confidence the iron ore miner had significant headroom to fund its pivot into clean energy.

BEIJING — In the years since Alibaba's U.S. listing in 2014, early-stage investing has drawn tens of billions of dollars into China with relatively little to show for it.

Sai Silks Kalamandir (SSKL) is an ethnic apparel retail chain in Southern India with 54 stores across 12 cities. The funds raised are to be used for working capital required towards store expansion and debt repayment. The promoter families are diluting 15% of their stake in this IPO.Business Established in 2005 by a software engineer, SSKL is among the top ten apparel retailers, particularly sarees, having presence in South India.

Not all is well at Escala Partners, the wealth management outfit now partially owned by New York-listed Focus Financial Partners.

Narendra Modi, reports said. Minister of state for Food Processing Industries and Jal Shakti Prahlad Patel confirmed the development on X (formally known as Twitter), but later deleted the post. "Only the Modi government had the moral courage to fulfil the demand for women's reservation which was proved by the approval of the cabinet.

By Zeba Siddiqui

Foxconn's investment in India, currently at $8 billion, is likely to go up fivefold in the next three years, a senior government official told ET, adding that the company will become a key part of the «big Apple story unfolding in India».«While they have written that they will double (their investment), their plan is to actually increase (their investment) by five times in the next three years,» the official told ET.The Taiwanese company, which

Nykaa’s gross merchandise value (GMV) in the year ended March 2023 came from its newer businesses, its chairperson, managing director and CEO Falguni Nayar said on Monday at the annual general meeting of parent company FSN E-commerce Ventures. “Almost one-third of our GMV contribution in FY23 has come from our newer businesses, with all of them being built from scratch over the last four to five years. Our success here comes from diligently finding product-market fit, executing well with speed, and driving only sustainable growth,” Nayar said.

National Cheeseburger Day. This delectable occasion has a rich history that dates back to the Roaring 20s, making it a cherished tradition among food lovers. In this article, we will explore the fascinating origin of the cheeseburger and uncover five lesser-known facts about this iconic American dish.

Ariana Grande has officially filed for divorce from Dalton Gomez, as per court documents obtained by Billboard. TMZ first reported the news, stating that Grande filed her petition in Los Angeles County court on September 18, citing «irreconcilable differences.» Gomez also filed his own papers, noting the date of separation as February 20, 2023. In July, it was revealed that Grande and Gomez were ending their two-year marriage. Before their separation, they made efforts to reconcile, but those attempts were unsuccessful. Media outlets like TMZ, People, and Entertainment Tonight mentioned that despite the separation, Grande and Gomez maintained a friendly connection and communicated regularly by phone. The couple started dating in early 2020 but kept their relationship private until May when they publicly acknowledged it. They often appeared together on Grande's Instagram page, eventually announcing their engagement in December. Grande shared the engagement news on December 20 through a series of photos, including a glimpse of her engagement ring. They exchanged vows just five months later, in May 2021. Following their separation, rumors circulated about Grande dating her Wicked co-star Ethan Slater. Slater, known for his role as SpongeBob SquarePants in the musical, had previously been married to singer Lilly Jay, and they celebrated their four-year wedding anniversary in November 2022. The former couple also has a one-year-old son together.

NEW DELHI : Prime Minister Narendra Modi opened a special session of Parliament on Monday with an emotive speech, for the last time from the old Parliament house, in which he paid rich tributes to the country’s democratic traditions and recalled contributions of all former prime ministers—Jawaharlal Nehru and Atal Bihari Vajpayee to Manmohan Singh—and said the colonial-era premises will remain a “source of inspiration" and “place of pilgrimage" for all time to come. Future proceedings of Parliament will commence from a modern building complex next to the old one, which Modi inaugurated in May this year.

climate change-related harms in California. The complaint asserts that although the companies have known since at least the 1960s that the burning of fossil fuels would warm the planet and change our climate, they denied or downplayed climate change in public statements and marketing.

Several Small Cap Funds have multiplied investors’ wealth multiple times in the last 10 years. As per data on the website of the Association of Mutual Funds in India (AMFI), as many as five small-cap funds have given around 25% or more annualised returns in 10 years under their respective direct plans till September 15. The regular plans of these schemes have also given over 23% annualised returns in 10 years.

Bitcoin extended its rally from last week, rising above $27,000 for the first time since August. Other digital assets followed suit, with smaller tokens such as Solana, Litecoin and Bitcoin Cash rallying. The largest digital token had ended positive on Sunday for the first week in five, and increased as much as 3.7% to $27,418 on Monday. Solana gained around 6%, Litecoin rose 6.5% and Bitcoin Cash jumped 8%. The price increases come with the Federal Reserve expected to keep borrowing rates steady when policy makers meet this week. Higher rates tend to reduce the allure of higher risk assets such as cryptocurrencies. “After a prolonged struggle at the psychological support of $25,000, Bitcoin managed to hold steady. Range traders will now be looking to take profits just above $30,000,” said Mati Greenspan, chief executive officer of Quantum Economics. Some analysts are questioning how long this latest rally will last and as reported previously the level investors are watching on Bitcoin is $28,800.

credit exposure to non-banking financial companies rose 23.6 per cent on-year to Rs 13.8 lakh crore in July, pushing up their overall share to 9.3 per cent during the month, an analysis of the RBI's monthly data by a ratings agency showed. The month also saw lower borrowings from international markets due to the prevailing elevated global interest rates following tightening of monetary policies by global central banks, according to a note by Care Edge. There has been a consistent upward trend in bank credit to NBFCs in the second half of FY22, coinciding with the phased reopening of the economy after the pandemic.

prisoners sought by the U.S. in a swap with Iran were freed Monday and headed home as part of a deal that saw nearly $6 billion in Iranian assets unfrozen. Despite the deal, tensions are almost certain to remain high between the U.S.

India's men's freestyle wrestlers cut a sorry figure at the World Championships as five of the six Olympic-quota contenders have exited the prestigious tournament and only Abhimanyu could reach the medal round in the non-Olympic 70kg weight class. What was more disappointing was that the Indian wresters lost to rivals from the nations that are not known for their wrestling prowess, raising suspicion over their fitness before flying to Belgrade. Sachin Mor (79kg) lost his repechage round by technical superiority to North Macedonia's Ahmad Magomedov while Anuj Kumar (65kg) could not even clear the Qualification round, losing 7-8 to Mexico's Austin Klee Gomez. Mexico and North Macedonia are not the nations against whom the Indians are expected to lose their bouts. It has been learnt that Wrestling Federation of India (WFI) had suggested the Sports Ministry to conduct medical examination of the selected wrestlers before sending them for participation, saying that many of them are possibly carrying injuries. «A few of the wrestlers selected are injured, especially 65kg freestyle wrestler.

₹3,847.58 crore fraud case. It also conducted searches at four locations in Mumbai and booked then CMD Kishore Krishnarao Avarsekar in the case, officials said on Monday. CBI came into action after a complaint was filed by the State Bank of India, one of the consortium members which alleged that the fraud took place at its commercial branch in Mumbai.